Replies to post #2035 on A123 Systems fka AONEQ

[NHNMx]

Wanxaing has indicated its interest in buying A123 at $0.55 a share, which should put a nice floor under the share price, along with a lot of potential upside as the deal gives A123 new financial stability to execute on existing opportunities and tackle new opportunities in China.

It may also be the case that the conversion price of the notes is not the same as the exercise price of the warrants. If that’s the case, then some of the expected note conversion or warrant exercise would have to take place above $0.55 a share, and this would in turn increase Wanxiang’s incentive to buy stock on the open market.

Given all that, I just bought a little A123, which I expect to rally as the various barriers to this deal are overcome. It’s still a small investment, since there is still no guarantee that the deal will go through, and if, for some reason the deal does not got through, AONE will almost certainly continue its slide.