Nearest Resistance: $0.20
Nearest Support: $0.10Catalyst: Acquisition News >>3 Tech Stocks Hedge Funds Are Buying Speaking of silver linings in very black clouds, A123 Systems (AONE) announced that Johnson Controls (JCI) would be buying its automotive battery division just a week and change after AONE filed for bankruptcy. As a result, shares are up more than 35% today on high volume on hopes that investors will be able to recover a little bit more value from the bankrupt battery developer than first through. A123 is a lot like PSSI right now (just not quite as lucrative for investors who've been holding for the last few months) -- it just carries more uncertainty. I'd recommend most investors stay away from the hype today.