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A123 Systems (AONE +46.5%) trades higher on reports it will appeal to a bankruptcy judge for the...

A123 Systems (AONE +46.5%) trades higher on reports it will appeal to a bankruptcy judge for the right to entertain better offers for its lithium-ion battery business and gains receives approval to use debtor financing from Johnson Controls (JCI) to keep operations running. Lost in part of the political mumbo-jumbo over the failure of the company is the bigger theme that automakers are starting to see better opportunities by focusing on the hybrid-electric market, rather than the all-electric, on a purely economic rationale.
Comments (7)
  • A Obama supporter given taxpayer bailout
    VOTE
    19 Oct 2012, 12:45 PM Reply Like
  • the republican congress would not allow this company to survive, however I am keeping my stock to the end
    19 Oct 2012, 02:12 PM Reply Like
  • I am keeping my stocks as well.
    19 Oct 2012, 05:35 PM Reply Like
  • Me to !!! thin they are going it di a better dealll
    20 Oct 2012, 03:15 AM Reply Like
  • Is the company not officially in Bankruptcy, making the stock worthless eventually?
    20 Oct 2012, 03:20 AM Reply Like
  • Not yet. IF they fail to sell, they will be
    20 Oct 2012, 08:36 AM Reply Like
  • The theory of Lithium-ion and energy cars is without a way of the future, whether or not A-123 or Ener1 can tow this boat is yet to be seen. It just may be that they are ahead of their time and despite the government grants, just cannot break through the economic barriers that have been set for them. This being the case, what ever company picks up the pieces might just be the one who makes it happen. Much of the R&D has already begun, but there is so much more out there that needs study. Lithium powering cars with minimal charging stations, lack of ability to re-charge themselves and the doubts that convert a society that believes in conventional fuel run vehicles is not an easy corner to turn.

     

    Sources of power and vehicular motivation requires a special innovation that's married, not just dating. Consider just only magnetic thrust motors, similar to Tesla (but I don't personally think Tesla has the answer yet). Tesla is on the way, but there needs to be much done with the charging system and the "what if's". Battery life is only 5-7 yrs. What is the battery replacement value doesn't drop? $12k-$30k is not a fair replacement value for a vehicle only valued brand new at $50k. What fails in lithium where it cannot be recharged indefinately? Just a few thoughts to kick this study thread off.
    21 Oct 2012, 07:59 AM Reply Like
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