$AONE popped 49% in intraday trading today after General Motors said it has awarded A123 Systems a contract to build battery packs for "future" electric vehicles (EVs). An A123 spokesman stated the company expects to build "thousands or up to tens of thousands of battery packs" a year for GM. It was already known that A123 had a production contract with a major North American automaker, though today's announcement suggests that contract just got bigger and was extended.
Backtested Symbol: $AONE
Strategy: Pennystocks100 (5 min chart)
Period: Aug 11, 2010 - Aug 11, 2011
# Win: 0
# Loss: 0
Winners: 0%
Profit-Loss%: +0.00%
Period: Aug 11, 2010 - Aug 11, 2011
# Win: 0
# Loss: 0
Winners: 0%
Profit-Loss%: +0.00%
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