ginchinchili

A123 Powering Forward on Its Planned IPO

Though they've got a lot of work ahead of them, I think A123 Systems is in an enviable spot. I will likely leave it alone at the time of its IPO because it's just too hard for individual investors to get a fair shake in IPOs (IMO). Usually their share price drops after the initial introductory fete. That being said, I agree that this is sure to awaken interest in the energy storage industry. Do you believe that this IPO will spark interest in both energy storage for motive batteries as well as companies likely to be big players in producing energy storage for the smart grid?

And for 5 bonus points: What the heck happened to EnerSys yesterday? I don't understand why the market (over?) reacted so negatively to a major institutional stock holder's sale to Goldman, Sachs of 3.2 million shares. A sale from one institution to another--what's the problem? As always, thank you for your free classes on the energy storage industry.