Did anyone buy and A123 stock? What do you all think of them as an investment? Are any other battery companies worth looking into?
I do my own research on stocks I buy, just like to hear other peoples thoughts and what better people to ask than the experts on the technology.
Massachusetts-based battery maker A123 Systems finally completed its initial public offering on Thursday. The lithium ion start-up offered 28,180,501 shares of its common stock at an opening price of $13.50 a share. Apparently, traders on the Nasdaq exchange thought the price was too low and quickly bid it up to a first day closing price of $20.29 a share, a healthy 50-percent gain. For those interested in following the stock, it is listed under the ticker symbol AONE on the NASDAQ listings.
http://green.autoblog.com/2009/09/25/a123-systems-goes-public-stock-jumps-50-on-day-one-to-20-29/