AONE (A123's stock symbol) trading above $27 today (2009OCT05):
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The stock is actually climbing more than a week after its IPO.
AONE (A123's stock symbol) trading above $27 today (2009OCT05):
Link
The stock is actually climbing more than a week after its IPO.
A123 stock is good for a temporary investment only.
A123 share prices will continue to gain for another 2~3 years until the actual EV and PHEV era begins. Then the reality sets in and A123 share prices collapse on lack of new orders, while Asians claim 99% of new battery orders.
That may happen, if A123 fails to offer a large format battery of the type automakers prefer for vehicle integration. Thus far, they have been foisting their cylindrical cells onto integrators, which are tough to package for thermal management systems.
Their chemistry is the most valuable aspect of their batteries, so I expect a large player to buy A123 at a healthy premium, and then produce their products overseas.
Quick, somebody better give Panasonic a call!
"TOKYO, Oct 1 (Reuters) - Japan's Panasonic Corp (6752.T) said on Thursday it has developed a technology that binds together standard lithium-ion battery cells used in laptop PCs to power electric vehicles, taking aim at growing demand for green cars.
The new technology will likely enable Panasonic to make electric car batteries at half the cost of lithium-ion batteries that are developed solely for electric cars, since it can use existing battery plants and production expertise, the company said"
http://www.reuters.com/article/rbssC...21755220091001
Cool, I wonder what the volumetric energy density will be. Now they've just gotta figure out a way to make PC battery cells not utter crap longevity-wise and they might be on to something. It's funny, that "device" that Panasonic "invented" doesn't look like a major technological breakthrough. It looks like some sheet metal bolted together with laptop cells inside.
Texas,
If you want an example of an automotive battery that uses cylindrical cells, then look no further than Tesla Motors. I salute Panasonic for following Tesla's lead (copy, copy, copeeeeee!).
I read awhile back, when A123 lost the competition for the Chevy Volt, that A123 was going to develop a large format lithium ion battery for automotive purposes. Now it's just a question of follow through.
Tesla? That's so last year. I just thought it amusing what you posted and just last week Panasonic comes out with their new, low-cost strategy. I guess they don't think it's much of a problem, quite the contrary.
Not to worry, 2010 should give us all kinds of new EVs and hybrids to examine. Some may have cylindrical cells others flat cells and others maybe something far different (EESU - yeah, right).
Somebody really missed the boat on investing on this one and have regretted not earning a lot of easy money. It is now history. At this stage, I won't be buying anymore A123 stocks, just sell them a little bit later.
I did regret of not buying a lot more when I can. It is a legal gamble and have to weigh my risks. But my hunch on the first phase is correct. If I sell now, I would have enough profit money to buy the Volt in cash.
Congratulations on realizing it's just gambling. I hope you don't also follow the herd mentality when or if it starts to drop. Will you feel the need to hold on because the turn-around is just around the corner?
I think it's best to put in a lower limit on the investment so you sell, despite your sick feelings of losing money. Say at 70% of your original investment. If the stock hits that, sell! Otherwise you will just go down like most investors, afraid of losing your investment and being wrong. So common its sad.
The professionals don't usually have this emotional attachment and know when to get out and call it a day. They know they can make it back on the bounce when all the amateurs are still holding on to their dreams. The stock market is how the rich legally steal from the poor. Believe it. Think of it like you going up against an NBA player for a game of basketball. Most likely he is going to kick your butt and end up with the money, just like the owners of a casino. The odds and experience are in their favor. Their brilliance is making you think you can get rich quick and making you feel it’s your fault when you loose.
Last edited by Texas; 10-05-2009 at 09:23 PM.
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