No need to look up these notes, I know how this ends.

BAML apparently came out swinging in defense of batteries, likely spurred on by the stupid TSLA call by MS last week. But let’s be clear. AONE IPO’d at $13.50, quickly went through $20, and then fell SOLR-style down to $8 over the course of the next year. All the while the big bulls who brought this monstrosity to you were saying buy! buy! buy!

There is a reason AONE did the offer. It’s fucked. It needs cash. And it will need more.

And then it priced the secondary at $6. Why should I expect the next IPO to be higher than $6, let alone $13.50, if it can’t get its shit in one sock during this alt energy boom-time, with cars doled out to homeless people in place of food stamps?

Oh, because it’s different this time.

Jackasses.

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