Axion Power Concentrator 238: May 21: Axion Power Reports First Quarter Results For 2013 [View instapost]
Someone at ATDF playing games: 14:01 bids $0.2591x10K. Then walks it up, in 10K steps to 86,666 through 14:13. Then starts walking it down, 10K at a time again, to 10K at 14:14.
Axion Power Concentrator 238: May 21: Axion Power Reports First Quarter Results For 2013 [View instapost]
EBuiel: How would the single-point failure issue be handled with this? A cordoned part of the plant "over there" that Axion runs, and is available to the manufacturer if Axion couldn't deliver for whatever reason?
Axion Power Concentrator 238: May 21: Axion Power Reports First Quarter Results For 2013 [View instapost]
Futurist: I still think the PC is *not* designed to be an income producer as its primary purpose. I believe it is a power quality and availability product that has the ability to generate some offsetting revenues for its users. The big money will come from reduced down-time, curtailment, ... of business operations.
I don't foresee any sales, near-term at least, that would be some industrial customer buying because "we can generate income with this".
For utilities, the deferment of capex (infra-structure upgrades) may be the equivalent of income and should have good sales there based on savings and, effectively, is equivalent to income. Smoothing regulator-mandated renewables would also be a good catalyst I think.
VWAP continues to hold up well: $0.2372, $0.2446, $0.2592, $0.2599 and $0.2575. The trend has been long-enough that it has begun to show in the 5, 10 and 25-day averages, while the longer term ones, the 50, 100 and 200-day have yet to be affected: $0.2517, $0.2506, $0.2490, $0.2634, $0.2918 and $0.2921. Note how the three shorter-term averages are “in order” with the 5-day above the10-day, which is above the 25-day. In conjunction with the buy:sell action, there may be an approach to a rise going on. The buy percentages for the 10, 25, 50 and 100-day averages are showing a similar configuration: 48%, 0.44%, 0.38% and 0.42.
The bid/ask movements showed bid changes having 9 increases and 5 decreases (some “uncovered”), and ask changes showing 10 increases (some “uncovered”) and 9 decreases. I couldn't see any strong trend of “late-day weakness” or any other pattern to the moves.
Average trade sizes continue to be down in the lower range of what I believe to be “retail” and I think is an effect of the entry of market-makers not commonly seen before the capital raise occurred: 5199, 4313, 4063, 3559, 4863, 4250, 5612, 4650, 4087 and 3628. This seems supported by the change in “Dly Sht % of 'sells'”, which has moved higher recently, but nowhere near the levels of the heavy selling seen last year.
Feb Avg: 54.68%, min: 0.35%, max: 200.89% Mar Avg: 49.86%, min: 0.70%, max: 252.30% Apr Avg: 31.50%, min: 0.00%, max: 74.35% May Avg: 62.73%, min: 0.00%, max: 398.94%
Then the Mega-C shares entered market? Note the hefty change in both the averages and maximums.
Sometime in August I began stating that I thought the larger sellers might be getting exhausted.
Aug Avg: 113.91%, min: 0.00%, max: 899.39% Sep Avg: 56.67%, min: 3.01%, max: 252.39% Oct Avg: 85.05%, min: 11.45%, max: 565.73% Nov Avg: 51.96%, min: 3.53%, max: 259.67% Dec Avg: 38.72%, min: 1.54%, max: 258.33%
============ 2013 =============== Jan Avg: 44.20%, min: 0.00%, max: 262.58% Feb Avg: 20.90%, min: 2.88%, max: 55.65% Mar Avg: 15.42%, min: 0.00%, max: 100.79% Apr Avg: 40.63%, min: 0.00%, max: 690.95% May Avg: 56.17%, min: 9.15%, max: 150.50%
I believe some of this recent increase is a “pull” effect where the prices remaining better than sellers might have expected, but not substantially improving, has caused them to make the decision to get while the getting is good. This would also account for the recent entry of market-makers not seen for a long time.
Daily volumes, which spiked after the capital raise announcement, are trending towards the pre-announcement levels. The 10, 25, 50 and 100-day averages are, in thousands: 485, 374, 298 and 300. Daily short sales continue in a range that I expect are more normal than the extremely low levels we observed for a long time. This has continued long enough to affect the 10, 25, 50 and 100-day average percentages: 27.75%, 18.73%, 12.12% and 11.86%. On 4/23 they were 4.62%, 5.33%, 7.5% and 10%.
My original experimental inflection point calculations are, again, making another attempt at reduced weakening in their trends. Five of the six periods showed one-day improvement and the other, the 100-day, was unchanged, for all practical purposes. The five-day change in the periods had all showing improvement and the five-day rte of change of these had five of the six showing improvement. I do want to emphasize that these are only reductions in weakening, so far, and do not yet form the pattern that suggests an up move is imminent or in progress. It is a needed precursor though. My newer version, considering additional factors, has only two improvements in the one-day change, replicating yesterday's profile of being weaker than the original version. In the five-day change of these metrics, four are weaker, notably two of the three shorter-term ones. The five-day rate of change for these has five of the six weaker.
Details of “Dly Sht % of 'sells'” and inflection points omitted here.
Axion Power Concentrator 237: May 16: Axion Power Reports First Quarter Results For 2013 [View instapost]
EBuiel: We've come to believe, I *think* most do, that all the Li-ion types got a lot of help from the bias embedded in the DOE for their favored projects. Axion didn't get the same kind of assistance - wasn't "sexy" enough?
Anyway, my *personal* opinion is that the "low-hanging fruit", such as might be available in s/s and other places Axion could help, just wasn't part of the "We're gonna reshape the world in our desired image" scenario.
Axion Power Concentrator 237: May 16: Axion Power Reports First Quarter Results For 2013 [View instapost]
LT: I would like to point out that being an excellent engineer/physicist, ... expert in one area doesn't *necessarily* mean they would do well in other areas requiring political skill, sales expertise, ... it's well-known traditional wisdom.
This is *not* saying EB is *not* expert in these areas and/or doesn't know better thanTG, Vani, etc.
But I am saying that taking his *opinions* as gospel solutions may be rather naive. Just as I wouldn't take the opinion, w/o critical thought, of anyone that doesn't have an established track-record and/or long experience performing that function.
Come to think of it, when I worked for the big company, I didn't take management's opinions for gospel either - I was always a critical thinker about what they did.
Axion Power Concentrator 237: May 16: Axion Power Reports First Quarter Results For 2013 [View instapost]
48: "... function of both prevailing share price as well as Axion's financial needs... both of which are in turn functions of sales this year and next year and of Axion's perceived prospects going forward".
And this gets me to thinking of my rant again. Since "prevailing share price" s/b a result of a forward-looking mechanism ("the market"), "expected" should be added into the "functions of sales ..." clause. I think TG should devote a small amount of thought and resources to assuring that "the market" has "reasonable" expectations by not "sequestering" :-)) too much information that he is free to share.
Axion Power Concentrator 237: May 16: Axion Power Reports First Quarter Results For 2013 [View instapost]
APMarshal: With the dollar rocketing, we might need to include currency conversion losses in there somewhere. I've been peeking at the AUD/USD cross and in the wek of 7/23/11 it was US$1.0995 close. Last week it closed at US$0.9736 - a huge drop in currency standards.
The "basket" index, DXY which includes the Euro (6 currencies, probably the Yen too, but I don't know), closed at $79.26 week of 1/30/13 and now sits at $84.34 close last week - again a huge move by currency standards.
The nasty thing is that buying carbon for here, it's a boon but selling anything from here it's a negative.
Buying and selling to/from "over there" ameliorates some of these issues.
"In order to export LNG, it takes energy to simply turn that energy into a liquid. How much? Roughly 25%".
"If we add up all of the proposed projects, including an equal number not on the above list, we discover that their collective export capacity is just a hair under 30 billion cubic feet per day, or a whopping 43% of current U.S. production".
QC #257, May 10, 2013 [View instapost]
Per CNBC - I'm sure video available later.
http://bit.ly/119yJYQ
Long version.
HardToLove
Axion Power Concentrator 238: May 21: Axion Power Reports First Quarter Results For 2013 [View instapost]
HardToLove
EDIT down to 10K at 14;14.
Axion Power Concentrator 238: May 21: Axion Power Reports First Quarter Results For 2013 [View instapost]
HardToLove
Axion Power Concentrator 238: May 21: Axion Power Reports First Quarter Results For 2013 [View instapost]
HardToLove
Axion Power Concentrator 238: May 21: Axion Power Reports First Quarter Results For 2013 [View instapost]
I don't foresee any sales, near-term at least, that would be some industrial customer buying because "we can generate income with this".
For utilities, the deferment of capex (infra-structure upgrades) may be the equivalent of income and should have good sales there based on savings and, effectively, is equivalent to income. Smoothing regulator-mandated renewables would also be a good catalyst I think.
MHO,
HardToLove
Axion Power Concentrator 237: May 16: Axion Power Reports First Quarter Results For 2013 [View instapost]
# Trds: 98, MinTrSz: 0, MaxTrSz: 17593, Vol 355550, AvTrSz: 3628
Min. Pr: 0.2510, Max Pr: 0.2615, VW Avg. Tr. Pr: 0.2575
# Buys, Shares: 63 208050, VW Avg Buy Pr: 0.2585
# Sells, Shares: 35 147500, VW Avg Sell Pr: 0.2561
# Unkn, Shares: 0 0, VW Avg Unk. Pr: 0.0000
Buy:Sell 1.41:1 (58.5% “buys”), DlyShts 135850 (38.21%), Dly Sht % of 'sells' 92.10%
VWAP continues to hold up well: $0.2372, $0.2446, $0.2592, $0.2599 and $0.2575. The trend has been long-enough that it has begun to show in the 5, 10 and 25-day averages, while the longer term ones, the 50, 100 and 200-day have yet to be affected: $0.2517, $0.2506, $0.2490, $0.2634, $0.2918 and $0.2921. Note how the three shorter-term averages are “in order” with the 5-day above the10-day, which is above the 25-day. In conjunction with the buy:sell action, there may be an approach to a rise going on. The buy percentages for the 10, 25, 50 and 100-day averages are showing a similar configuration: 48%, 0.44%, 0.38% and 0.42.
The bid/ask movements showed bid changes having 9 increases and 5 decreases (some “uncovered”), and ask changes showing 10 increases (some “uncovered”) and 9 decreases. I couldn't see any strong trend of “late-day weakness” or any other pattern to the moves.
Average trade sizes continue to be down in the lower range of what I believe to be “retail” and I think is an effect of the entry of market-makers not commonly seen before the capital raise occurred: 5199, 4313, 4063, 3559, 4863, 4250, 5612, 4650, 4087 and 3628. This seems supported by the change in “Dly Sht % of 'sells'”, which has moved higher recently, but nowhere near the levels of the heavy selling seen last year.
Feb Avg: 54.68%, min: 0.35%, max: 200.89%
Mar Avg: 49.86%, min: 0.70%, max: 252.30%
Apr Avg: 31.50%, min: 0.00%, max: 74.35%
May Avg: 62.73%, min: 0.00%, max: 398.94%
Then the Mega-C shares entered market? Note the hefty change in both the averages and maximums.
Jun Avg: Avg: 183.48%, min: 5.05%, max: 1607.50%
Jul Avg: 176.07%, min: 7.75%, max: 1273.20%
Sometime in August I began stating that I thought the larger sellers might be getting exhausted.
Aug Avg: 113.91%, min: 0.00%, max: 899.39%
Sep Avg: 56.67%, min: 3.01%, max: 252.39%
Oct Avg: 85.05%, min: 11.45%, max: 565.73%
Nov Avg: 51.96%, min: 3.53%, max: 259.67%
Dec Avg: 38.72%, min: 1.54%, max: 258.33%
============ 2013 ===============
Jan Avg: 44.20%, min: 0.00%, max: 262.58%
Feb Avg: 20.90%, min: 2.88%, max: 55.65%
Mar Avg: 15.42%, min: 0.00%, max: 100.79%
Apr Avg: 40.63%, min: 0.00%, max: 690.95%
May Avg: 56.17%, min: 9.15%, max: 150.50%
I believe some of this recent increase is a “pull” effect where the prices remaining better than sellers might have expected, but not substantially improving, has caused them to make the decision to get while the getting is good. This would also account for the recent entry of market-makers not seen for a long time.
Daily volumes, which spiked after the capital raise announcement, are trending towards the pre-announcement levels. The 10, 25, 50 and 100-day averages are, in thousands: 485, 374, 298 and 300. Daily short sales continue in a range that I expect are more normal than the extremely low levels we observed for a long time. This has continued long enough to affect the 10, 25, 50 and 100-day average percentages: 27.75%, 18.73%, 12.12% and 11.86%. On 4/23 they were 4.62%, 5.33%, 7.5% and 10%.
My original experimental inflection point calculations are, again, making another attempt at reduced weakening in their trends. Five of the six periods showed one-day improvement and the other, the 100-day, was unchanged, for all practical purposes. The five-day change in the periods had all showing improvement and the five-day rte of change of these had five of the six showing improvement. I do want to emphasize that these are only reductions in weakening, so far, and do not yet form the pattern that suggests an up move is imminent or in progress. It is a needed precursor though. My newer version, considering additional factors, has only two improvements in the one-day change, replicating yesterday's profile of being weaker than the original version. In the five-day change of these metrics, four are weaker, notably two of the three shorter-term ones. The five-day rate of change for these has five of the six weaker.
Details of “Dly Sht % of 'sells'” and inflection points omitted here.
HardToLove
Axion Power Concentrator 237: May 16: Axion Power Reports First Quarter Results For 2013 [View instapost]
Anyway, my *personal* opinion is that the "low-hanging fruit", such as might be available in s/s and other places Axion could help, just wasn't part of the "We're gonna reshape the world in our desired image" scenario.
MHO,
HardToLove
Axion Power Concentrator 237: May 16: Axion Power Reports First Quarter Results For 2013 [View instapost]
We don't seem to have a vaccine or cure for that yet.
HardToLove
Axion Power Concentrator 237: May 16: Axion Power Reports First Quarter Results For 2013 [View instapost]
This is *not* saying EB is *not* expert in these areas and/or doesn't know better thanTG, Vani, etc.
But I am saying that taking his *opinions* as gospel solutions may be rather naive. Just as I wouldn't take the opinion, w/o critical thought, of anyone that doesn't have an established track-record and/or long experience performing that function.
Come to think of it, when I worked for the big company, I didn't take management's opinions for gospel either - I was always a critical thinker about what they did.
MHO,
HardToLove
Axion Power Concentrator 237: May 16: Axion Power Reports First Quarter Results For 2013 [View instapost]
And this gets me to thinking of my rant again. Since "prevailing share price" s/b a result of a forward-looking mechanism ("the market"), "expected" should be added into the "functions of sales ..." clause. I think TG should devote a small amount of thought and resources to assuring that "the market" has "reasonable" expectations by not "sequestering" :-)) too much information that he is free to share.
MHO,
HardToLove
Axion Power Concentrator 237: May 16: Axion Power Reports First Quarter Results For 2013 [View instapost]
Is that presumptuous on your part?
Some of us may not be smart or as wise as you, but OTOH ...
HardToLove
Axion Power Concentrator 235: May 12: Axion Power Completes Private Placement For $9 Million And $1 Million [View instapost]
We know that must take priority and are appreciative when you are able to take time here ... guilt-free.
HardToLove
Axion Power Concentrator 237: May 16: Axion Power Reports First Quarter Results For 2013 [View instapost]
HardToLove
Axion Power Concentrator 237: May 16: Axion Power Reports First Quarter Results For 2013 [View instapost]
The "basket" index, DXY which includes the Euro (6 currencies, probably the Yen too, but I don't know), closed at $79.26 week of 1/30/13 and now sits at $84.34 close last week - again a huge move by currency standards.
The nasty thing is that buying carbon for here, it's a boon but selling anything from here it's a negative.
Buying and selling to/from "over there" ameliorates some of these issues.
HardToLove
QC #257, May 10, 2013 [View instapost]
http://bit.ly/YTdxKd
"In order to export LNG, it takes energy to simply turn that energy into a liquid. How much? Roughly 25%".
"If we add up all of the proposed projects, including an equal number not on the above list, we discover that their collective export capacity is just a hair under 30 billion cubic feet per day, or a whopping 43% of current U.S. production".
HardToLove