Replies to post #15051 on A123 Systems fka AONEQ

[Pian0wire]

Ferrari.......

All we know is that there's an auction for this company.
This board has been spewed with speculation and very little
factual data, primarily because we just don't know what will
transpire. No one does. It is a Lotto play only, until/unless we are
informed that the common shares will remain intact through this process.

Normally, commons are canceled. I am holding a small amount of shares,
but loosing it won't hurt me.

[BluSkies]

I am trying to figure this out at the moment. Maybe someone can correct me if I am wrong but from what I understand shareholders will get paid after the debt and lawyer fees get paid. Hoping for a large bid that would surpass debt and any other fees so the PPS can go up.

If the Wanxchianx company is awarded, I believe the stock will surge due to share holder confidence of the new management direction. No matter what the bid came in at.

I am betting there is a significant buyer out of the 20 confidential buyers and we are hopefully compensated high.

Not sure why people think this will sell under $500M after Wanx already said they would buy AONE for $465M they want it bad so why under bid yourself.

Again, correct me if I am wrong.

[beachboy3]

Ferrari, this is high risk situation. It won't go to zero if the winning bid is low, but it would probably drop to ~1-2 cents and maybe have a bounce. It is unusual when a bankruptcy auction pays off all liabilities and has $ left over for stockholders. If the winning bid is $500 million or more, the stock will pop, but estimating the amount needed to pay off all liabilities is very difficult at this point, and $500 million might not be enough. I don't recommend such high risk trades for inexperienced people unless one can afford to take the hit.