Seeking Alpha

iindelco

iindelco
Send Message
View iindelco's Comments BY TICKER:
  • A123 Systems: An Object Lesson In Toxic Financing [View article]
    John, Thanks for laying this out in such a concise fashion.

    I had seen the AONE announcement and without digging too deeply, because I don't follow them very closely, didn't think that the financing was structure this poorly. Having just witnessed Valence hanging themselves in this manner, I would have thought AONE would have been more careful. Or maybe they just didn't have any choice given the slow rate of uptake in their target markets and their prior missteps.

    So if this was their last financing act why would anyone buy equity knowing more financing is needed in short order? Fins + blood in water generally shouldn't equal dive in to an average investor.
    Jul 29 11:58 AM | 4 Likes Like |Link to Comment
More on AONEQ by iindelco
COMMENTS STATS
8,422 Comments
174 Likes