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Gold/Mining/Energy : Battery Industry: Does it pay to invest in batteries?

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To: Jacob Snyder who wrote (13)10/2/2009 7:03:08 PM
From: Sam Citron   of 18
 
Hi Jacob,

Have you been following the IPO of battery-maker A123Systems [AONE]?

With a 50% pop on first day of trading last Thursday, and almost another 50% gain this week, it's showing the classic signs of a superstock IPO. The other classic sign, of course, is that it is absurdly overpriced based on its fundamentals. ;-)
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