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THATS JUST MALARKEY! YOU EXPECT US TO BELIEVE THAT THEY NEGOTIATED THE FINAL PRICE/BID ALL THE WAY INTO EARLY SATURDAY. 4AM PLEASE.
TIME STAMPS DONT LIE -- GO BACK AND READ MY FIRST POST.
E-MAIL TRAFFIC DOES NOT LIE!!!!!!!!!!!!!!
YOU HAVE TO UNDERSTAND THAT INFORMATION ON WAXIANG'S OFFER GOT LEAKED--THE LEAKED INDICATED THAT BID DI NOT COVER CREDITORS. THIS PERSON WAS PRIVY TO THIS INFORMATION BUT DID NOT HINT US UNTIL IT WAS TOO LATE.
Unfortunately those that were in the loop did not warn us until it was too late (on Friday). Well I read in between the lines but by that time it was already too late. We trusted that information would get relayed to us in a timely manner only to find-out that there was not much we can do. Please never trust anyone in a message board who may have a hidden agenda. Now the masses will panic and this POS will drop come Monday morning. I called that individual out and was demonized for it; nearly to the point of being called a terrorist -- a non-citizen. I was hoping that i could unload this POS first thing Monday morning but now it is too late. I was trapped and this board helped in doing so... I trusted that we had a friend here but found out that it is not the case. I'm disappointed but should have expected it. This outcome was clearly foreshadowed late Friday but at that point we could not do much about it... I keep ranting but I have no one too blame but myself for being so trusting that information was going to come to us in near real time... Get me once shame on you get me twice (not going to happen) shame on me...
ON FRIDAY WHEN NEWS HAD ALREADY LEAKED BUT IT WAS TOO LATE FOR US:
dvb Member Profile dvb
Friday, December 07, 2012 4:20:13 PM
Re: HybridTrader post# 15813
Post # of 16962
I read between the lines and she states that the shareholders always get screwed... She is foreshadowing... She already knows the outcome... She cannot state anything directly... But you know that she is in the loop... Sorry that I had to spell it out for you and ruin your week... Try to sleep between now and doomsday...
SEE MY REPLY TO HYBRIDTRADER ON FRIDAY AFTER I READ WHAT ILENE HAD POSTED. IT IS CLEAR THAT INFORMATION GOT LEAKED AND WE STILL HAD TIME TO SELL... BUT I GUESS ITS A DOG EAT DOG WORLD. IM DISSAPOINTED
dvb Member Profile dvb
Friday, December 07, 2012 4:14:12 PM
Re: HybridTrader post# 15809
Post # of 16961
Hybrid are you not interpreting what Ilene is saying. She is saying that it is over. you really need to learn how to read between the lines.
I WAS 100% CORRECT HERE. YOUR STATEMENT FORESHADOWED WHAT WAS TO COME -- YOU SHOULD'VE BEEN MORE DIRECT. IF I ONLY READ THIS BEFORE FRIDAY I WOULD HAVE DROP THIS DEAD BIRD AND RAN. I STAND BY MY STATEMENT 100%...
Unfortunately those that were in the loop did not warn us until it was too late (on Friday). Well I read in between the lines but by that time it was already too late. We trusted that information would get relayed to us in a timely manner only to find-out that there was not much we can do. Please never trust anyone in a message board who may have a hidden agenda. Now the masses will panic and this POS will drop come Monday morning. I called that individual out and was demonized for it; nearly to the point of being called a terrorist -- a non-citizen. I was hoping that i could unload this POS first thing Monday morning but now it is too late. I was trapped and this board helped in doing so... I trusted that we had a friend here but found out that it is not the case. I'm disappointed but should have expected it. This outcome was clearly foreshadowed late Friday but at that point we could not do much about it... I keep ranting but I have no one too blame but myself for being so trusting that information was going to come to us in near real time... Get me once shame on you get me twice (not going to happen) shame on me...
UNFORTUNATELY OTHERS WERE BEING SPOON FED FOR FAILURE... NOT SURE WHY... WELL I CANNOT COMPLAINT AS I DID NOT LOSE THAT MUCH... BUT I DID LOSE AND FEEL BETRAYED BY THOSE THAT WE TRUSTED...
I WAS A SILENT MEMBER UP UNTIL THE POINT OF THE BETRAYAL
JUST READ A FEW POSTS BACK BEFORE YOU JUDGE.
DO YOU REALLY WANT ME TO BELIEVE THAT INFORMATION WAS NOT LEAKED ON FRIDAY JUST BECAUSE THIS TRUST WORTHY MEMBER OF THE BOARD SAID SO???
You have to read a few posts back to see what made me join this board. Up to that point I was a silent member just reading posts. I do not want to name any names but a trustworthy member of this board knew more than what he was telling us. just read a few postS back and you will see the pattern... There's a purpose for my postS...
MAKE NO MISTAKE ABOUT IT, YOU TOO WERE BETRAYED...THERE MAY HAVE BEEN TIME TO GET OUT...
I'm set in getting down to the truth whether or not it is something that i want to hear.
The system is rigged against the small guy. Until then the rich will continue to get richer...
At a minimum the judge overlooked the lawyers making bids and set the rules for the process. So why wouldn't the judge approve?? Am i missing something here??
Okay. I guess I do not understand this part since it was the judge running the bidding proceedings. Am I incorrect in this assumption???
Thank you for the apology... It was big of you.
Lets just hope that the judge does not accept this deal -- not sure why the judge wouldn't accept it since I assume that he was part of the bidding process...
I HAVE TO REITERATE THE FOLLOWING:
Unfortunately those that were in the loop did not warn us until it was too late (on Friday). Well I read in between the lines but by that time it was already too late. We trusted that information would get relayed to us in a timely manner only to find-out that there was not much we can do. Please never trust anyone in a message board who may have a hidden agenda. Now the masses will panic and this POS will drop come Monday morning. I called that individual out and was demonized for it; nearly to the point of being called a terrorist -- a non-citizen. I was hoping that i could unload this POS first thing Monday morning but now it is too late. I was trapped and this board helped in doing so... I trusted that we had a friend here but found out that it is not the case. I'm disappointed but should have expected it. This outcome was clearly foreshadowed late Friday but at that point we could not do much about it... I keep ranting but I have no one too blame but myself for being so trusting that information was going to come to us in near real time... Get me once shame on you get me twice (not going to happen) shame on me...
IMO, and no punt intended, wishy washy people should be banned from boards such as this one. News comes out stating that it is over and they just cannot take it. I lost here too but live and learn I guess. I would've preferred news that we came out stating that stock holders came out ahead but this is just not the case. We lost -- its time to move on. Sorry and good luck next time.
Why continue with these questions. It's over.
IT IS OVER!!!!!!!!!!!!!!!!!!!!!!!!
We will see soon enough. When defense fetches 15million, Waxiang cancels old share holders (in cahoots with us government), and USA no longer honors the grants...
I stand by my comments/opinions, as it stands we're left (if we're lucky) as bag holders... Period. Unless things change my comments/opinions will become reality.
Check this out from JL1585 on 12/6/2012:
New Here But Done My DD
...
So I was trying to calculate how much shares would be worth but got somewhat confused. What I did was I estimated, if the company got bought for 200,000,000 and assuming debt was paid off, then I divided that by outstanding shares (384.7 millie) and got a PPS of .51. Not sure if I'm doing this right but can anyone help out? On top of that, just curious if A. You guys are holding for the long run, and B. What your expected price target is. Thanks in advance.
Not sure how this zapp came up with the 200mil bid but you have to give him credit regardless of what we think of him...
JL1585, WAXIANG IS NOT MOTHER TERESA. PLEASE SIR DONT BE BLIND AND LOOK AT THIS FOR WHAT IT IS...
1. What will the pps be now that the auction is done, and please give me calculations for how you determine that with all the information necessary to use (Please include how Wanxiang and A123 will tackle the debt when you're doing the equation)
WAX WAS KEY HERE. THEIR OFFER FOR A123 FELL WELL BELOW EXPECTATIONS. SHARE PRICE WILL DROP TO UNDER 5 CENTS. 260MILLION - 350 MILLION = NEGATIVE NUMBER [NOT TO HARD TO COMPREHEND]
2. How much were the government contracts worth that were also sold in the auction?
I POSTED EARLIER THAT THIS IS ONE OF THE FEW OUTS THAT WE HAVE. BUT EVEN THIS IS FARFETCHED...
3. What will happen to the 120 million in the governments $$ that was given to A123?
THAT MONEY IS GONE. USA WILL NOT SUPPORT CHINESE OWNED COMPANY.
4. The 50 million loan Wanxiang gave to A123, what will now be of that, b/c that was not included in the debt so far, will that turn into an active donation or an asset for the company?
WAX IS LOOKING AT THE OVERALL PICTURE, GETTING RID OF SHARE HOLDERS, THE NUISANCE IF YOU WILL, WILL PROVE ALOT MORE PROFITABLE FOR THEM.
5. Why would a someone buy a company when they were already indebted in excess of over $100,000,000 if they didn't have a plan to be able to pay off the debt and quickly? YOU ARE AS THEY SAY WISHY WASHY... NEED I SAY MORE. JUST HOPE YOU DID NOT INVEST THE FARM ON THIS. GOOD LUCK...
I HAVE BEEN FOLLOWING THESE POSTS FOR THE PAST TWO MONTHS AND PRIOR TO THIS NEWS WE WERE ALL IN AGREEMENT THAT WAX WOULD HAVE TO OFFER ATLEAST 350MILLION IN ORDER FOR SHAREHOLDERS TO SEE ANY MONEY. WHY HAS THIS CHANGED NOW THAT WE KNOW THE TRUE NUMBERS?
Unfortunately those that were in the loop did not warn us until it was too late (on Friday). Well I read in between the lines but by that time it was already too late. We trusted that information would get relayed to us in a timely manner only to find-out that there was not much we can do. Please never trust anyone in a message board who may have a hidden agenda. Now the masses will panic and this POS will drop come Monday morning. I called that individual out and was demonized for it; nearly to the point of being called a terrorist -- a non-citizen. I was hoping that i could unload this POS first thing Monday morning but now it is too late. I was trapped and this board helped in doing so... I trusted that we had a friend here but found out that it is not the case. I'm disappointed but should have expected it. This outcome was clearly foreshadowed late Friday but at that point we could not do much about it... I keep ranting but I have no one too blame but myself for being so trusting that information was going to come to us in near real time... Get me once shame on you get me twice (not going to happen) shame on me...
From the looks of it Opti and Predro2004 are the only voices of reasoning on this board. As it stands, we have been dealt a big blow. We're screwed unless the government sides brings a substantial amount...
We gambled before the flop (alternative energy), the flop dealt us a blow (the BK), the turn dealt us an even bigger blow (260mil), and now we're waiting for the few outs that we have on the river, but it does not look good.
Unfortunately those that were in the loop did not warn us until it was too late (on Friday). Well I read in between the lines but by that time it was already too late. We trusted that information would get relayed to us in a timely manner only to find-out that there was not much we can do. Please never trust anyone in a message board who may have a hidden agenda. Now the masses will panic and this POS will drop come Monday morning. I called that individual out and was demonized for it; nearly to the point of being called a terrorist -- a non-citizen. I was hoping that i could unload this POS first thing Monday morning but now it is too late. I was trapped and this board helped in doing so... I trusted that we had a friend here but found out that it is not the case. I'm disappointed but should have expected it. This outcome was clearly foreshadowed late Friday but at that point we could not do much about it... I keep ranting but I have no one too blame but myself for being so trusting that information was going to come to us in near real time... Get me once shame on you get me twice (not going to happen) shame on me...
I'm saying that favoritism should have no place on this board. Posts that indicate preference for technology to remain in the USA should be irrelevant. I do not care who gets A123 as long as I get paid. If Government and Judge on this case show favoritism towards USA companies we will lose out big time.
In regards to your question which I assume is based on my statement made in regards to Ilene's post, I do believe that she knows more than what she is stating/posting here. Her post yesterday indicates that shareholders should move on...
You all seem to be forgetting that the economy has gone global. We're in a GLOBAL CAPITALIST society. If we do not let capitalism run its course we (USA) will pay later. As an example, the Chinese have a choice to buy commercial aircraft from Airbus or Boeing. If the USA Government gets in their way on this deal, companies such as Boeing will pay dearly. Our only concern here (on this board) should be the outcome to shareholders which means rooting for the highest bidder (Arabs, Chinese, or whoever that may be).
The argument in this article stating that if A123 falls into Chinese hands that we would not be able to control privy information is just malarkey. That's like saying that if you're a US citizen of Chinese descent that you're a Chinese spy. The fact is that we have the systems in place, such as ITARs, to prevent such things from occurring.
In my opinion, if a USA or European company acquire A123 they will not be required to honor certain contracts including shareholder interest.
Thanks for the invite, but after doubling down on this stock I have a feeling (mostly based on the posts tonight) that I will have to scale down on traveling and leisure activities. Again thanks.
hmmm.........
I read between the lines and she states that the shareholders always get screwed... She is foreshadowing... She already knows the outcome... She cannot state anything directly... But you know that she is in the loop... Sorry that I had to spell it out for you and ruin your week... Try to sleep between now and doomsday...
Hybrid are you not interpreting what Ilene is saying. She is saying that it is over. you really need to learn how to read between the lines.