A123 Systems to IPO Next Week

For those of you reading this you probably have no idea who in the world A123 systems is. A123 is a lithium-ion battery producer based out of Massachusetts. They've been making batteries for 8 years and already employ 1100 people. The reason why the company picked my interest is that they are a huge player in green cars. They make batteries for Aptera and Tesla Motors. After a quarter billion dollar grant from Barack, $160 in capital funding, A123 is out for more cash when they IPO next week.
Usually one would shy away from a company that has never produced a profit and has been cash flow negative for years. Their capital expenditures are huge and will continue to be in the future. I think the stock will do pretty well at IPO and down the road as their are very few true green pureplays are out there. I could see this being a story stock for brokers. I can see the call now. "I know you've been trying to diversify your portfolio and get into greentech. So there's this company out there right now who makes batteries called A123. They have deals with Gillette, GM, BMW, Delphi and are working on parts for the smart grid. Is that something that might interest you?"
The answer will be yes there more times than not even thought the company lost 17, 19, and 56 million over the last 3 years. Keep an eye on this one next week. I know I will be.