Chevy Volt

Today, the Chevy Volt begins shipping to dealers in some states around the country. However, we are still pessimistic about A123 Systems (AONE), the manufacturer behind the batteries of this new electric car. The company has still failed to turn a profit in its history and analyst predict the company will remain unprofitable until the price of batteries decreased by about 50%. Many estimate this will not occur until 2014 or later. We plan to get out of this stock by the end of the year.

AONE Close 12/14: $9.28 (-0.35%)

Sources:

http://www.fool.com/investing/general/2010/12/14/this-stock-is-going-to-zero-and-you-know-it.aspx

http://www.autoblog.com/2010/12/14/chevrolet-volt-begins-shipping-to-dealers/