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A123 Systems' (AONE -5.9%) cash balance continues to shrink after the company yesterday filed an...

A123 Systems' (AONE -5.9%) cash balance continues to shrink after the company yesterday filed an amended S-3 detailing its financial situation. Wunderlich says that at the current cash burn rate, AONE will need $400M more over the next 18 months just to survive and reiterates its Sell rating with a $0.50 price target.
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Comments (4)
  • Gary Jakacky
    , contributor
    Comments (2764) | Send Message
     
    Stick to steak sauce you taxpayer money wasting socialist wannabees. When ya go bankrupt take governor Patrick with you.
    29 Jun 2012, 11:33 AM Reply Like
  • MustangMajor
    , contributor
    Comments (112) | Send Message
     
    I am so conservative that my children think they are Hitler Youth.
    But AONE technology succeeding in the marketplace is in the
    National Strategic Interest, a concept that is lost on the spoiled,
    gimmie, I deserve a free lunch generations that are mainstream
    today. Liberals love the electric vehicle concept because it is
    "clean" and they don't want to think too much about how electricity
    is generated (mostly "dirty" ) except for solar and wind, and the
    battery is a storage box no matter how it's made. But if it is lighter,
    more efficient, and has a longer life, what's not to like, all politics
    aside? Our military vehicles and aircraft can benefit even if the
    US is so backwards we won't put the muscle in EV adoption as
    they can do in China as a matter of decree. And battery storage
    capability is essential to the power grid when the generation is
    from wind or solar. Cloud storage is also largely dependent on
    battery backup. If A123 Systems can't be profitable, it deserves
    to be nationalized. If it was part of a space race program, it would
    be. This company must not fail.
    29 Jun 2012, 01:12 PM Reply Like
  • Senlac
    , contributor
    Comments (92) | Send Message
     
    What so many seem not to understand, it's about efficiency! Coal plants and ICE autos are the least efficient and largest polluters, and should be replaced. Natural Gas plants and distributed Fuel Cells for Coal plants, Hybrid and EVs for ICE autos, not to leave out all other renewable energy sources. Grid improvements are not just for Wind and Solar, we loose up to 30% in waste inefficiencies, that is low hanging fruit. EV technology is about building a better future. With the momentum behind EV technology and renewable energy, improvements are coming as more research is funded. We need to invent our way out of the energy crisis, that is what the good old USA does best. I'm proud to be an American.

     

    Here is some of the research being done:

     

    http://bit.ly/Mm007s

     

    http://bit.ly/LDSscI
    30 Jun 2012, 09:42 AM Reply Like
  • shiel78
    , contributor
    Comments (7) | Send Message
     
    i buy and sell AONE

     

    Before it goes to 50 cent it will be probably taken out at $ 1.50 to 3.00

     

    thai is my guess and bet that is why i trade
    30 Jun 2012, 04:16 PM Reply Like
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