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  • A123 Goes To Wanxiang In $260 Million Bankruptcy Auction Bid [View article]
    It was also mentioned in court today right before adjournment that besides the $256.6MM purchase price Wanxiang is adding $350MM in cash to the buyout for a total of $606.6MM deal
    Dec 12, 2012. 03:21 AM | Likes Like |Link to Comment
  • Why A123 Systems Is A Sucker's Bet [View article]
    John Petersen, Nicely written article. Are you long or short AONE (A123 Systems) Stock or have any options out?
    Nov 1, 2012. 04:10 PM | Likes Like |Link to Comment
  • A123 Systems (AONE) says that it may not have sufficient cash to fund operations and may need to seek bankruptcy protection. The company failed to meet interest payments on approximately $143M of its material debt agreements today, and as a result, expects to be in default by tomorrow. Shares -47% AH. [View news story]
    If the Chinese are buying 49.95% Im still in at these levels @ book price.
    Oct 16, 2012. 08:04 AM | Likes Like |Link to Comment