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  • A123 Systems (AONE -7.6%) tumbles after two Senators join a Congressman in questioning the company's $450M investment from China's Wanxiang Group. The White House has tried to soothe concerns by stating none of A123's DOE funds will go to building overseas facilities. Yesterday, A123 fell on news a Fisker Karma sedan, which uses A123's batteries, had caught fire. Fisker replaced its CEO today. [View news story]
    What a mess!
    Ener1 ended up in Russian investors control after it filed BK. AONE is trying to avoid BK which is ultimately good for shareholders. I'm long on AONE but would like to wait till the dust settles.
    Aug 14, 2012. 02:38 PM | Likes Like |Link to Comment
  • A123 Systems (AONE +8.7%) has given back the majority of its premarket gains, as investors examine the details of its financing deal with China's Wanxiang Group, which features a bridge loan, convertible notes, and warrants. Forbes' Tom Konrad estimates Wanxiang will be able to acquire an 80% stake in A123 at a price of $0.55/share, moderately above its current level of $0.51. (Q2 miss[View news story]
    A123 has reached the end of its road. For the second quarter, A123 posted a loss of $82.9 million, or 56 cents per share, and compared with a loss of $55.4 million, or 44 cents per share, in the same quarter last year. Revenue declined 53 percent to $17 million from $36.4 million. A123 went public in 2009 and has yet to post a quarterly profit. If some how their new battery does well Wanxiang will reap the benefits, not the shareholders of AONE.
    Aug 8, 2012. 02:26 PM | 2 Likes Like |Link to Comment
  • Top 10 Reasons Microsoft Surface Is DOA [View article]
    The reason why the Ipad did so well is because 28 months ago when it was release, not everyone had a Smart phone. Now you can not get a new phone from VZ, ATT or (S) Sprint unless its a smart phone. Now a days with the larger screens on smart phones the Ipad will be extinct. Why have two devices that do exactly the same thing???? That is why i think Surface will kill the Ipad. Because you cannot use your smart phone to run programs like Office an CRM programs that only work on PCs. Also with the new Windows 8 phone it will gain market share,
    Jun 21, 2012. 02:53 PM | 2 Likes Like |Link to Comment
  • Early feedback on Windows Phone 8 is positive, as pundits praise both its features and code compatibility with Windows 8. But many are disappointed Windows Phone 7 devices can't be upgraded - this could hurt Nokia's (NOK) near-term Lumia sales, even if some features will be made available via Windows Phone 7.8. However, one rumor suggests Verizon Wireless will begin selling a Nokia WP8 device as soon as September 5. High-end devices are already expected for Q4.  [View news story]
    Of course you can't upgrade a Win7 phone to Win8, same as you can't upgrade you Iphone 3GS and get Siri.
    Jun 21, 2012. 12:18 AM | 1 Like Like |Link to Comment
  • This Company Could Kill The Gasoline Engine And Make Huge Profits For Investors [View article]
    Our government officials and policy makers receive too much money from the middle east and us oil companies. They will do anything to alter the use of any "alternative" fuels.
    May 29, 2012. 06:29 PM | Likes Like |Link to Comment