AONE had a God Awful, what the heck, timber, holy hell, implosion, lookout below, WHHHHYYYY!?!?!? Investor tears type of day yesterday. Thank goodness AONE wasn't one of our plays! Needless to say AONE tanked hard today but as usual this rapid decline has brought our speculators out of the woodwork, because as is often the case, with a rapid free-fall sort of decline like AONE had yesterday, there is a good chance that many investors will get on board, in hopes that there will be a significant bounce. We are looking at this solely as a quick by and sell for a little bounce. It is possible that there may be a bounce but this is certainly not a stock that you would want to hold long term due to their announcing that they have reached an agreement to sell off the assets of their automotive business and file Chapter 11 bankruptcy. This as a quick in and out bounce play, is one of the most risky trades a person could make, so this is not for the feint of heart!
AONE absolutely tanked yesterday! So, for the record, once again we would like to say that this was not a penny stock play that was touted by us in any manner or form. It is only after this decline that this stock has become interesting as a possible bounce play. Also known as the "dead cat bounce." As is the case with most micro-cap, AONE is incredibly volatile. Because so many OTC stocks find themselves having massive declines, seemingly out of nowhere, the term "bounce play" is meant to suggest that because there may have been a great deal of over-selling going on, the company may see a significant or more small scale bounce back up in price, due to speculators trying to dive in with purchase orders before the price corrects itself. Many traders have managed to make good money off of these sorts of bounces with quick flips buying and selling within the same day, although as far as the risks within penny stock investing go, buying one as it spirals downward in price, is one of the most risky things that one can do as an investor but we still feel that there should be attention turned toward AONE, Just incase. Though the plummet can most certainly continue, there is always that glimmer of hopeful expectation that this can have a massive bounce.
Yesterday, AONE dropped 74.12% This decline was awful for many, but offers us a significant possibility of netting astronomical gains, as the possibility of a "dead cat bounce" may come into play. As we have said earlier in this article and numerous times in the past, there are absolutely no guarantees when investing into any stocks and though our speculators here at www.pennystockdream.com believe that this may be a good candidate for a bounce, this may not necessarily be the case, so AONE is entirely up to your own discretion, as is any other company that we tend to speak of.
Though AONE seemed to many investors, to be a solid stock, it crashed hard after an early morning news release stating that they had reached an agreement to sell their automotive business assets to "Johnson Controls." The reason for the plummet, lies in the fact that part of the agreement involves A 123, declaring bankruptcy, which makes investing in this stock even far more perilous. The bounce may be a reality but this most CERTAINLY does not look like a play to hold onto.
This is nothing more than an advertisement, and is not a recommendation to buy or sell any security whatsoever. Before following, reading, acting, or even down right believing anything that we say via any medium, we strongly suggest that you conduct your own research and read our websites full disclaimer found here: http://pennystockdream.com/disclaimer
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