This Company Goes Public Tomorrow, September 24th

A small company is on the receiving end of $249 million from the U.S. government. And it’s about to go public.

The IPO takes place Thursday, September 24th.

IPOs like this are rare, but they’re rewarding. Especially when they’re backed by the most powerful financial force on the planet: Uncle Sam.

On May 13, 2009, the last time I recommended a government-driven IPO, the shares shot up +20.3%. This stock could do better. Here’s why…
As governments around the world seek to ease petroleum dependence and curb global warming, demand for plug-in electric vehicles will explode.

Certain automakers will profit… but I’m putting my money on the the key battery makers. These are the stocks that could make you millions.

The company going public Thursday is one of these stocks: it’s developing the batteries that will be used in the next generation of electric cars.

These aren’t the kind of batteries you pick up at AutoZone — they’re advanced lithium-ion technology that power cars that weigh as little as 894 pounds, emit zero carbons, and deliver up to the equivalent of 367 miles per gallon.

These special batteries don’t just help start these cars, they power an electric drivetrain and supply enough juice to push it through traffic for 40 to 100 miles without recharging.

That’s more than enough to get most motorists through the day. And that’s why the U.S. government, venture capitalists, investment houses, and corporate titans like GE, Motorola, Procter and Gamble and Qualcomm are all investing in this battery maker and its breakthrough technology.

A Perfectly-Timed IPO
Not only does this firm own the hot technology in a hot sector, but it’s also bringing its shares to market at the high point for the year: The Dow is at its high for 2009 and the S&P hasn’t seen its current level of valuation for several years.

This company has perfectly timed its IPO to launch as investors are feeling more optimistic than they have in ages.

But you don’t have much time. The IPO is scheduled to hit the street this Thursday, September 24th. The name of this company is “A123″ — and it will trade under the ticker symbol “AONE”.

A123 plans to sell 25.7 million shares at a range of $8 to $9.50 each. Decide on a price and keep some powder dry to jump on the stock when it reaches your target — with the intent of holding the shares for the long-term.

Many happy returns –

Andy Obermueller
Government-Driven Investing

1 comment to This Company Goes Public Tomorrow, September 24th

Leave a Reply

 

 

 

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>