Replies to post #15060 on A123 Systems fka AONEQ

[Opti Mist]

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.

1st, the company is selling its assets, not the company. If Wanxaing is the successful bidder, they get the assets. The shareholders are left with A123, not a new owner of the company. A123 takes the money and pays: all its creditors, all its lawyers, all its company officials that stuck around. If there is money left over, stockholders will share that money. If the money runs out, sharholders get nothing.

Now, having said all that, why did Wanxaing bid $465 milion for 80% of the company, but only $131 for the assets after A123 filed for bankruptcy? The bids on the table right now are $131 from Wanxaing and $125 from JCI. And there are politicians that do not want Wanxaing to own the assets.

Obviously this is a risky play.

[Pian0wire]

Hybrid Trader....we just don't know what will happen. We can speculate on what we think might happen and what the price should be and "how could someone pay this or that".

Don't play this stock with money you can't afford to loose. It's sound advice like this that's not any fun to hear on these boards. We all want to hear how high it could go etc. Reality's just no fun.

With most BK plays, commons get canceled. I will give it to this stock tht it has better than average chances of getting a decent bid. But know one knows what will happen to commons. That's just the way it is. Good luck to ya. I hold a small position.