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Verogeorge

Verogeorge
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  • A123 Systems (AONE +3.4%) signs a deal to supply lithium ion battery packs for BAE Systems' hybridrive propulsion system for use in city buses. The agreement expands a relationship the companies already have, with A123's packs deployed in HybriDrive systems on nearly 3,000 buses globally. (PR)  [View news story]
    More good news, yet stock price is stagnant. As previously noted GE has invested $130 M in Aone; however it is reported that GE is investing close to 1/2 billion in their own plant dedicated to mfg. batteries.
    Initially I thought that GE might initiate a "TAKE OVER" of AONE, however when I learned that GE was building their own battery mfg facility, it dawned on me that they just might take AONE's proprietary (assumed patented) data and let then AONE go bankrupt!!
    Jul 19, 2012. 10:39 PM | Likes Like |Link to Comment
  • GE's plans to invest $170M in boosting battery production has helped send A123 Systems (AONE -5.8%) shares below the $1 threshold yet again. GE owns a sizable stake in A123, courtesy of multiple investments.  [View news story]
    I Also can not comprehend why the stock price would decline after the news releases that: (1) GE PLANS on investing a $170M cash, and (2)China is raising its plan to subsidize the production of 5 million electric CARS??
    It looks like many shares have been traded on some inside knowledge that would offset the apparent favorable news!!
    Jul 10, 2012. 11:11 PM | Likes Like |Link to Comment
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