tkollen wrote:Yeah, unfortunately it looks like you are right. A123's stock price is today down at $0.71, down 50% from last week which is a far cry from its opening price of $28 two years ago. I tried to call A123Systems today to ask about the single cells available on the Chinese market but they don't seem to answer their phones.
A123 consistently gets more or renewed financing deals from big industry players that buy their products. Unfortunately, this means more exclusive supply chains to "protected" customers & *maybe* continued backdoor plant "leakage" in China or Korea, IMO. This is good for us hobby players if we're willing to buy from China *assuming* supply remains. USA made cells only showed-up in China after the defect announcement, so that Made in USA supply may end completely once sold-out.
I really don't think A123 will disappear, transportation/utilities customers want their products, but it is possible some 3rd party preys on a Chapter 11. So far, A123 "power players" probably get better deals by investment financing & getting exclusive purchase contracts to be a better deal for them. Keeps A123 dependent on their money and exclusive supply requirements effectively "owning" or capturing their product and controlling A123 supply too.