A123 Systems (AONE) IPO Begins Trading
It’s clear that there is a tremendous appetite for the IPO of A123 Systems.. They initially estimated the price range around 9, then upped to 11 and it ultimately priced at 13.50. Trading opened up just a few minutes ago at 16.74 and it’s already up another 15% from there. I never chase IPO’s in the first few days of trading. I’ll have more on this in the coming days, but I always wait for the first consolidation of a couple weeks and buy the breakout from there. That strategy won’t change with the A123 Systems IPO.
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(What's this?)
A123 Systems Goes Public As (Nasdaq: AONE)
(Wealth Daily, 9/25/09)
A123 Systems IPO Prices Above Range
(Navivest Stocks and Options Blog, 9/24/09)
A123 Systems IPO
(Energy and Capital, 9/24/09)
Anyone's guess what A123 is worth (AONE)
(AlphaNinja, 9/24/09)
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