elise
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HAHAHAAA WOW!! Watch this move up 40% in 30 minutes.
If this was the case, The judges right to block the sale would not exist within his exercisable powers. And this hearing in fact would not exist and there would be no 21 page list of objections.
Im holding what do I have to lose on this trade? Ive already lost enough for a few years of capital losses. LOL patience may pay break even..??
There will certainly be objections by creditors of $AONEQ they will be fully armed with the likes of Saul Ewing LLP. This firm is a beast. Expect a long long list of objections.
Does anyone have access to dockets filed today in Delaware? it is in regards to special council and 2 co-counsels for the creditors commission...
Yeah, pretty baffling, this is why I dont often trade this trash, but the scenario, the story behind this is what brought me in on speculation of A123. Ive made a few great day trades on this past few months with A123. My gains on those have almost equaled my losses on a % basis over all.. but and now sitting on a 250K plus core position is burning me up today, not a nice way to start off the week. You will def see me over at ST but trading my positions in AAPL, NOK, EMC, JDSU, C, TBT ect.... never again with this trash. got my capital losses lined up for a few years! going to hold until tomorrow as official releases/paperwork come out of court. have of scrambling to do to make theses %'s back from this trade in 2013...
I made daytrades today for +90% but still sitting in my .06's position.. fu#@ing crazy. I cannot believe they reject almost 500MM to receive 260MM insanity and beyond all logic!! Im going to sit this.. atleast until tomorrow.
You will get a form from your brokerage and file a capital loss. If your loss exceeds $3000 it can carry to the next tax year or indefinitely if much bigger for just give this form to your accountant if you itemize. here are exact details http://www.bankrate.com/finance/money-guides/capital-losses-can-help-cut-your-tax-bill-1.aspx
Who else do you know that can do 100% in less than 30 minutes! lol...
.04 here we come.
HUGE SPIKE. looking for a .04 wouldnt underestimate. could take my 60% right now but keeps climbing. I hate losing! got to get this.
Reminder: Today is December 10th 2012
Im sitting on my position and just bought 40k more shares at .016 lets see what happens. I hate losing. tax write off or a win.. lets see what happens. ???
Ok, well we will see how it goes after the bell. Have at least until the sales date to figure this all out.
Really? Thats what I thought. I have no thoughts then, need the facts before I make a decision. I think theres a lot of investors in a panic on this board and stock twits due to "theories". Seems like a lot of investors have questions and they are satisfying their need for answers with speculations.
Is there any OFFICIAL information released by the court in regards to actual figures and particulars of deal? Any SEC filings?
This is possibly excellent news. How good it is will be determined by actual figures when officially released. Until then lets wait for the facts.
Cannot right now, what is it in regards to? I am on mobile now.
There already is a class action lawsuit against A123 filed in August, one of my former colleagues is a leading plaintiff. But its not worth much to sue a company if they have no cash or assets left. The only ones that win in class action are the filing attorneys. Lets hope this is price manipulation, bc its like watching paint dry.
saw that! I put a couple of blocks up for ask .29 .30 when it was getting a little flakey..
Dividends? Lol. Did they put that in for comic relief? Thanks for the quick reply. Im expecting volume to return to 24MM+ today a lot of news flow yesterday. And I'm sure its hit those penny mill sites, now that mom & pop saw 38% yesterday we should have next few days leading to auction good opportunity to day trade a position if you are so inclined.
Basically yes. Anything pertaining to shareholder equity?
So does anyone have their brains yet to read this document sent at 4am. Skimmed through, seems like for creditors not shareholders??
https://materials.proxyvote.com/Approved/03739T/20121012/OTHER_148764.PDF
Im holding my core position overnight and most probably until the 11th. I took a new position this morning that I ended up day trading, in and out for about 41% today on 6 trades and liquidated out before bell. not a bad day! Any leaks tonight this will open .10+ and I will be babysitting it on the Dtrade all day...hope its good news, would much rather have profit than the tax loss in all honesty.
Where are all the crybabies now?Dtraders dumping last 10 minutes... STRONG close. hope all you made money today? who's holding overnight?
I think cost management is critical in emerging technology. A123 never had it and had unrealistic employment requirements in order to keep grant funding, completely artificial & it was a free for all... So much for corporate welfare! Just look at glassdoor.com, I think a freshman year MBA group project would have yielded better results. SI, JCI or WanXiang will whip this into shape real quick!
Billion. sorry typo!!
Siemens is sitting on over 15T in cash!
If you are day trading this, chart is primed for a another 10% move..here we go!
Did not know, just logged in. taking half day today...Any news today?
How is everyone feeling today with the auction and this price action? Bullish? Bearish?
Agree, A123 battery technology is the EMC of power storage and protection. Because of the thermal qualities of the product it can perform in any climate without the need of extraneous cooling or warming systems.
My speculation is my average cost is @.069 if it goes to 2 or 3 cents screw it. Take the hit and deduct it. If it goes above .069 I make money. This isnt a gamble its a simple &logical decision I have 4 cars already. what am I going to do with another depreciating vehicle? You cannot write off a car as a tax loss personally. And you cannot make money buying a car. Unless you are trading collectibles.
Im holding position through auction. In all relativity downside so small compared to upside probabilities.
You are, but in the last line it says "former mayor of Chicago... Sits on the board at wanxiang..."
It was an offer that was published in alpha and wsj editorial. Never saw any filings. It is old.
Look at the last sentence.... Wow.
Some of the trades last few days make me laugh.. Some positions selling 200 300 400 500 The commission costs more than the value! Why even bother. Funny stuff. Any updates on A123 today?
If you look at trade sizes so far today you will see a lot of little pieces being sold and substantially larger blocks being purchased.
The Chinese connection is pretty ironic , that was a great IP settlement.
Agree, Technical analysis is out the window for now unless you are trading off the 1sec/7min chart flipping 1/4 pennies and in all cash before close. Otherwise this is a 100% speculative trade if you are holding overnight. for the past 2 months I day traded AONE and did very well playing both sides. This trade however is speculation, and if I go bust, there goes my tax deduction as a middle finger to the Obama administration for 2012 and If Im Flush..It will be a nice slush fund to play with in 2013 so I can fork over 30% capital gains for Obama to redistribute with his Robinhood tax. :)