For the quarter ended March 31, 2012, the Registrant's anticipated revenue is $10.9 million, anticipated net loss is ($125.0) million, anticipated net cash used in operations is ($46.5) million,
That is all resulted from the old news of Fisker battery recall two months ago.
This is a good time to get in A123.
Too funny, you think the battery market is a zero sum game, that A123 must loses so Valence gains. How petty a view. Generally, you get what you deserve, not because of someone else.
Good luck to Valence!
Sparky who are you talking about? Most of this whole thread has been about the battery sector and it is not good for all of the sector when one company stumbles. Where did you come up with "that A123 must loses so Valence gains".. I mean it is obvious that Aone has given product away just to get the contract and that is starting to show up in the numbers. But I for one do not want to see Aones demise.
If AONE crashes, VLNC will likely stay down... until there is an announcement of VLNC capturing one or more of AONE's customers.
This could be a game changing 1-2 punch. Let's see if Kanode and team have their act together.
rad I think your right makes investors queasy of the battery sector. Aone is falling fast and I believe they will see new lows coming in the next week. Valence has never been very good at taking advantage of these kind of things. Maybe that will change, I have my fingers crossed!
easy- check the news for AONE
The company now sees 2012 revenue of $145 million to $175 million, down from a prior forecast of $230 million to $300 million