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AONE - A123Systems - Page 5

post #81 of 90
(Reuters) - A123 Systems Inc (AONE.O), the U.S. lithium-ion battery maker, said it expects a first-quarter net loss of about $125 million, including costs from a recall of potentially defective battery packs.

A123 also lowered its 2012 revenue outlook to a range of $145 million to $175 million from a previous forecast of $230 million to $300 million, also due to the recall issue.
post #82 of 90
gonna be a real test to see if 1.00 holds next week


425
post #83 of 90

Wow, the short that keeps on giving ... less than $0.50 now ... 

Quote:
Originally Posted by amohedas View Post

Quote:
Originally Posted by StockJock-e View Post
You can say that again.

Poor AONE shareholders, while the market rallied hard from Feb, this stock dropped off -50%.
Way TOO much hype behind this stock, big earnings are still far off IMO.

This is a play on electric cars and they have yet to take a hold in any significant sense.

 

Quote:
Originally Posted by amohedas View Post

Quote:
Originally Posted by amohedas View Post
I know the professor who's technology is responsible for A123 ...(Yet-Ming Chiang)

Another prof (Gerbrand Ceder) recently reported in Science a much better technology...I think A123 may have already licensed this new battery tech.

I'll post when I can get more details, but be careful this IPO might already be overpriced for a company with no revenues etc.

It was definitely overpriced.

chart.ashx?t=aone&ta=1&p=d&s=l
post #84 of 90

whats the scoop on this baby? anybody kno?

post #85 of 90

Bouncing off low with volume

post #86 of 90

Looks like I got out too soon. Sold yesterday.

post #87 of 90

Just bought 2500 more this thing is getting ready to run

post #88 of 90

Glad I got out. I hope no one else here was holding.

 

http://www.forbes.com/sites/ericsavitz/2012/10/16/a123-files-for-bankruptcy/?partner=yahootix

 

 

 

 

A123 Files For Bankruptcy

A123 Systems has filed for bankruptcy protection in federal court in Wilmington, Delaware,Bloomberg reports. Late yesterday, the battery company had warned that it was about to default on several loan issues, noting that a bankruptcy filing was a possibility; but it still seems startling to see them file just hours later.

A123 makes rechargeable lithium-ion batteries for electric cars. The company has been hurt by the slow development of the electric car market.

Don’t be surprised to see this turn into a Solyndra-style political football; A123 had received $249 million in grants from the U.S. Department of Energy.

A123 this morning is down 14 cents, or 57.9%, to 10 cents.

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post #89 of 90

200% gainer from 6 cents

post #90 of 90
Quote:
Originally Posted by binks View Post

200% gainer from 6 cents

 

word... unreal short squeezing.. up +222% 2guns.gif

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