A123 Systems 2Q Loss
A123 Systems has been having some issues lately - unfortunately, I bought stock at like $6.2. Ouch.
http://online.wsj.com/article/BT-CO-20110804-724128.html
Anyways, the one thing in this report of interest was this part:
Ahead of results, Wunderlich Securities forecast a revenue and bottom line miss "of some magnitude," citing fewer battery deliveries to electric vehicle maker Fisker Automotive. The firm has heard from second-hand sources that Fisker's Karma has some kinks to be worked out, and with no vehicles for sale with less than five months left in the year, Wunderlich questions the company's expectations for 2011
-Brian
http://online.wsj.com/article/BT-CO-20110804-724128.html
Anyways, the one thing in this report of interest was this part:
Ahead of results, Wunderlich Securities forecast a revenue and bottom line miss "of some magnitude," citing fewer battery deliveries to electric vehicle maker Fisker Automotive. The firm has heard from second-hand sources that Fisker's Karma has some kinks to be worked out, and with no vehicles for sale with less than five months left in the year, Wunderlich questions the company's expectations for 2011
-Brian
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