DRich: I sure hope ePower is looking. They've got a winning combo, I think, when they get it "fine tuned". The right battery and right motor/generator combo(s) would expand their range in the potential markets too.
Axion Power Concentrator 235: May 12: Axion Power Completes Private Placement For $9 Million And $1 Million [View instapost]
DRich: Folks, of their own volition, drive automobiles, have accidents, are "victims". Many other every-day "choices", some necessary and some not, have adverse effects that make them victims. The exercise of choice does not automatically disqualify one from becoming a victim.
D lane: With the addition of a higher-torque motor, there's a bigger range of the electrified vehicle market available. Also, REE prices are depressed, making the PM motors more competitive a wee bit.
For me, this one is a long-haul (pun intended) speculative play.
I have small starter positions in a couple of accounts and don't intend to change my positions until it starts to move up strongly. I anticipate that this will occur when a combination of things to replace a good portion of the volume that was anticipated with CODA surfaces.
There's some potential in private passenger with the SAAB and ... I forget who - another Euro automaker. Wrightspeed, last I checked, was using UQM motors and they have recently posted positions for production engineers and give exposure to class 3(?) - 7 platforms in vans and trucks.
PCAR is running and/or testing some electrified trucks. This new motor should slot in there nicely.
So I'm thinking another year or two for any major volume. However, any presentation of testing with a trucking firm could impel an early price rise - but I see this another 6 - 12 months out, or so.
(UQM): " UQM Technologies Expands Its Production-Ready Commercial Vehicle Product Lineup with the Introduction of the High-Torque PowerPhase HD® 950T System "
- Newly introduced UQM PowerPhase HD® 950T is rated at 950 Nm of peak torque and is ideal for heavier commercial trucks and buses needing higher levels of torque, as well as parallel hybrid applications - UQM continues to expand its lineup of production-ready electric propulsion systems
"... designed for heavier commercial trucks and buses that require higher torque".
"... 144 kW of peak power and 100 kW of continuous power. This high torque level delivers better launch performance, grade climbing and acceleration for heavier vehicles. The power and speed range also make it possible to use this electric motor in conjunction with simplified transmissions.
In addition to full-electric vehicle applications, the PowerPhase HD® 950T is ideal for use in parallel hybrid applications. The higher torque and lower speed range optimizes the system for operation at engine speeds, a requirement in these types of powertrain systems".
(UQM): "UQM Technologies to Hold Conference Call Thursday, May 23, 2013, at 4:30 p.m. Eastern Time"
Thursday, May 23, 2013, at 4:30 p.m. Eastern Time. To participate in the call, dial 1-888-549-7880 approximately 10 minutes before the conference is scheduled to begin and provide conference ID code “4620332” to access the call. International callers should dial +1-480-629-9770.
"... a recording will be available for 7 days following the call. Dial 1-800-406-7325 and enter replay access code 4620332# to access the playback. International callers should dial +1-303-590-3030. Please allow two hours from the time of the conference call for initial setup before access".
From 9:48's $0.221 onward, the trend was up all day. The 20 peeks I took at bid changes supported this behavior with 14 being increases and 6 being decreases (some via “uncovering” as better bids were taken out). As with yesterday, the offers responded, with some delay. Of the 17 offers I viewed, 10 were increases (some from being uncovered) and 6 were decreases. From 14:00 onward, only 1 offer was decreased while 6 increased and no bids were decreased. This continues what I noted yesterday, that “late-day weakness” had been replaced with “late-day strengthening”.
Although folks saw another low down at the $0.22 area, a little context should put it in proper perspective. Note that ~40% of the day's volume went at >= $0.24 on day's volume that was “healthy”, approaching double the 25-day average I track of ~323K through yesterday.
$0.2210-$0.2210: 066300 shares, 11.22% of vol, VWAP $0.2210 2 trades, 10K, 56K 9:36/7 $0.2275-$0.2290: 006000 shares, 01.02% of vol, VWAP $0.2278 2 trades, 5k, 1K $0.2300-$0.2349: 189428 shares, 32.07% of vol, VWAP $0.2321 $0.2350-$0.2390: 088700 shares, 15.02% of vol, VWAP $0.2368 $0.2400-$0.2449: 111160 shares, 18.82% of vol, VWAP $0.2420 $0.2450-$0.2499: 017600 shares, 02.98% of vol, VWAP $0.2470 $0.2500-$0.2510: 111500 shares, 18.88% of vol, VWAP $0.2501
We saw a 100K order today, this time on the bid from ATDF. There's apparently a lot of folks that see the financing completion and upcoming quarterly report as very bullish. It's a damn good thing because the pessimism of the inhabitants of the APCs would drive “the car company that shall not be named” into the ground. :-))
Market-makers had to work hard again today because even with that 56K trade and a sprinkling of some 10K-20K+ trades, average trade size again came in at the low side of what I think is retail. The buy:sell continues to improve, today getting above the 50-day average and right in with the 25 and 100-day averages.
The daily short sales continue at the elevated levels begun when the new cadre of more active market-makers appeared.
Five of my six original experimental inflection point calculations showed increased weakness. The rate of change is is mixed among the periods with the 5, 10 and 200-periods improving and the others weakening. The near-term improvement may offer some hope. My newer version has 5 of the six periods worsening. However, four of the periods are showing a reduced rate of weakening, including the 10, 25, 50 and 100-period metrics.
Details of “Dly Sht % of 'sells'” and inflection points omitted here.
Axion Power Concentrator 235: May 12: Axion Power Completes Private Placement For $9 Million And $1 Million [View instapost]
Lloyd: I suspect zero since they are all touting their own versions of solutions for s/s, carbon additives, AGM, etc. My guess is that until their customers tell them "No mas!", they won't budge from their current strategies.
Daily short sales are still relatively elevated, compared to recent months, and I expect they will continue as long as we have the unusual market-makers here. There's a possibility that they are here “forever”, and short sales will remain elevated. But for now I think we are just in an exceptional period and the sellers using these market makers will eventually get exhausted and we'll likely see shorts reduce.
Average trade size looks to be mid-range for retail and buy:sell is around the normal range again, but still lower than I would like to see – I suspect there's still some more selling to do, but maybe at falling volume now. This may help price hold in this range if my guess is correct. I didn't see any exceptionally large offers on the asks.
A change in behavior has occurred – what used to be late-day weakness has become late-day strengthening these last two days. I suspect some of this is a result of ATDF having some competition from LAMP, UBSS, CSTI and CDEL on the bids. This apparently is noticed by (the now more astute?) sellers that come with the new market-makers in the fray as the peeks I take at the market aperiodically show a lot more increases on the asks than used to be seen. ATDF is no longer trying to jump ahead of every ask. Let's hope this newer behavior continues.
I'm hoping that this dip lower with high volume is signaling the end of the downward pressure, which is one thing I mentioned I thought needed to occur before we could stabilize and then start moving up. I'm on shaky ground here with so much apparent negative sentiment though.
It's as if folks didn't see the 8-K's restriction on selling (no more than 15% of daily volume) placed on the note holders if they take shares. Not quite as good as Quercus, but still it helps if they don't all convert and sell simultaneously. It's not a big positive, but it's better than a sharp stick in the eye.
My original inflection point calculations continue mixed, not nearing any signal. They continue to suggest weakness, with a small increase in it. With the volume and lower buy percentage the last two days, this makes sense. My newer version is more decisive – everything agrees that weakness is dominant and not suggesting any reduction in downward movement yet.
Details of “Dly Sht % of 'sells'” and inflection points omitted here.
Axion Power Concentrator 235: May 12: Axion Power Completes Private Placement For $9 Million And $1 Million [View instapost]
DRich: I have no direct knowledge of what might cause it. I know that when there's been "fat fingered" trades that are far away from the market, there have been some. IIRC, some related to (mini?) flash crashes have been undone sometimes.
I presume that any kind of computer error, maybe like a conditional order prematurely executed when the conditions didn't match(?), would also be undone.
The only thing I'm sure of is that the 74K appeared everywhere I look and so must have come across the Bloomberg feed, which I think almost everybody uses. Then the ADVFN "trades" screen transferred around 100K (I forget the exact number) from "buy" and "sell" columns to "unknown" and the totals changed, losing the total I detailed.
Axion Power Concentrator 234: May 8: Axion Power Completes Private Placement For $9 Million And $1 Million [View instapost]
Kent: No. The conference ended. I'm thinking they allot a fixed amount of time and then end it. IIRC, others said they were also waiting and didn't get a chance.
Axion Power Concentrator 235: May 12: Axion Power Completes Private Placement For $9 Million And $1 Million [View instapost]
Touches the soul.
http://bit.ly/101Yye8
HardToLove
Axion Power Concentrator 235: May 12: Axion Power Completes Private Placement For $9 Million And $1 Million [View instapost]
Great song and great artist!
HardToLove
Axion Power Concentrator 235: May 12: Axion Power Completes Private Placement For $9 Million And $1 Million [View instapost]
<*ducks*>
HardToLove
A speculative play on UQM [View instapost]
HardToLove
Axion Power Concentrator 235: May 12: Axion Power Completes Private Placement For $9 Million And $1 Million [View instapost]
Regardless, ...
The difference? It's only money.
HardToLove
A speculative play on UQM [View instapost]
For me, this one is a long-haul (pun intended) speculative play.
I have small starter positions in a couple of accounts and don't intend to change my positions until it starts to move up strongly. I anticipate that this will occur when a combination of things to replace a good portion of the volume that was anticipated with CODA surfaces.
There's some potential in private passenger with the SAAB and ... I forget who - another Euro automaker. Wrightspeed, last I checked, was using UQM motors and they have recently posted positions for production engineers and give exposure to class 3(?) - 7 platforms in vans and trucks.
PCAR is running and/or testing some electrified trucks. This new motor should slot in there nicely.
So I'm thinking another year or two for any major volume. However, any presentation of testing with a trucking firm could impel an early price rise - but I see this another 6 - 12 months out, or so.
MHO,
HardToLove
A speculative play on UQM [View instapost]
- Newly introduced UQM PowerPhase HD® 950T is rated at 950 Nm of peak torque and is ideal for heavier commercial trucks and buses needing higher levels of torque, as well as parallel hybrid applications
- UQM continues to expand its lineup of production-ready electric propulsion systems
"... designed for heavier commercial trucks and buses that require higher torque".
"... 144 kW of peak power and 100 kW of continuous power. This high torque level delivers better launch performance, grade climbing and acceleration for heavier vehicles. The power and speed range also make it possible to use this electric motor in conjunction with simplified transmissions.
In addition to full-electric vehicle applications, the PowerPhase HD® 950T is ideal for use in parallel hybrid applications. The higher torque and lower speed range optimizes the system for operation at engine speeds, a requirement in these types of powertrain systems".
HardToLove
A speculative play on UQM [View instapost]
Thursday, May 23, 2013, at 4:30 p.m. Eastern Time. To participate in the call, dial 1-888-549-7880 approximately 10 minutes before the conference is scheduled to begin and provide conference ID code “4620332” to access the call. International callers should dial +1-480-629-9770.
"... a recording will be available for 7 days following the call. Dial 1-800-406-7325 and enter replay access code 4620332# to access the playback. International callers should dial +1-303-590-3030. Please allow two hours from the time of the conference call for initial setup before access".
HardToLove
Axion Power Concentrator 235: May 12: Axion Power Completes Private Placement For $9 Million And $1 Million [View instapost]
HardToLove
Axion Power Concentrator 235: May 12: Axion Power Completes Private Placement For $9 Million And $1 Million [View instapost]
# Trds: 139, MinTrSz: 200, MaxTrSz: 56300, Vol 590688, AvTrSz: 4250
Min. Pr: 0.2210, Max Pr: 0.2510, VW Avg. Tr. Pr: 0.2372
# Buys, Shares: 82 249868, VW Avg Buy Pr: 0.2422
# Sells, Shares: 52 328820, VW Avg Sell Pr: 0.2331
# Unkn, Shares: 5 12000, VW Avg Unk. Pr: 0.2473
Buy:Sell 1:1.32 (42.3% “buys”), DlyShts 178460 (30.21%), Dly Sht % of 'sells' 54.27%
From 9:48's $0.221 onward, the trend was up all day. The 20 peeks I took at bid changes supported this behavior with 14 being increases and 6 being decreases (some via “uncovering” as better bids were taken out). As with yesterday, the offers responded, with some delay. Of the 17 offers I viewed, 10 were increases (some from being uncovered) and 6 were decreases. From 14:00 onward, only 1 offer was decreased while 6 increased and no bids were decreased. This continues what I noted yesterday, that “late-day weakness” had been replaced with “late-day strengthening”.
Although folks saw another low down at the $0.22 area, a little context should put it in proper perspective. Note that ~40% of the day's volume went at >= $0.24 on day's volume that was “healthy”, approaching double the 25-day average I track of ~323K through yesterday.
$0.2210-$0.2210: 066300 shares, 11.22% of vol, VWAP $0.2210 2 trades, 10K, 56K 9:36/7
$0.2275-$0.2290: 006000 shares, 01.02% of vol, VWAP $0.2278 2 trades, 5k, 1K
$0.2300-$0.2349: 189428 shares, 32.07% of vol, VWAP $0.2321
$0.2350-$0.2390: 088700 shares, 15.02% of vol, VWAP $0.2368
$0.2400-$0.2449: 111160 shares, 18.82% of vol, VWAP $0.2420
$0.2450-$0.2499: 017600 shares, 02.98% of vol, VWAP $0.2470
$0.2500-$0.2510: 111500 shares, 18.88% of vol, VWAP $0.2501
We saw a 100K order today, this time on the bid from ATDF. There's apparently a lot of folks that see the financing completion and upcoming quarterly report as very bullish. It's a damn good thing because the pessimism of the inhabitants of the APCs would drive “the car company that shall not be named” into the ground. :-))
Market-makers had to work hard again today because even with that 56K trade and a sprinkling of some 10K-20K+ trades, average trade size again came in at the low side of what I think is retail. The buy:sell continues to improve, today getting above the 50-day average and right in with the 25 and 100-day averages.
The daily short sales continue at the elevated levels begun when the new cadre of more active market-makers appeared.
Five of my six original experimental inflection point calculations showed increased weakness. The rate of change is is mixed among the periods with the 5, 10 and 200-periods improving and the others weakening. The near-term improvement may offer some hope. My newer version has 5 of the six periods worsening. However, four of the periods are showing a reduced rate of weakening, including the 10, 25, 50 and 100-period metrics.
Details of “Dly Sht % of 'sells'” and inflection points omitted here.
HardToLove
Axion Power Concentrator 235: May 12: Axion Power Completes Private Placement For $9 Million And $1 Million [View instapost]
HardToLove
Axion Power Concentrator 235: May 12: Axion Power Completes Private Placement For $9 Million And $1 Million [View instapost]
MHO,
HardToLove
Axion Power Concentrator 235: May 12: Axion Power Completes Private Placement For $9 Million And $1 Million [View instapost]
# Trds: 160, MinTrSz: 200, MaxTrSz: 30000, Vol 778100, AvTrSz: 4863
Min. Pr: 0.2350, Max Pr: 0.2500, VW Avg. Tr. Pr: 0.2417
# Buys, Shares: 75 269478, VW Avg Buy Pr: 0.2419
# Sells, Shares: 74 458222, VW Avg Sell Pr: 0.2415
# Unkn, Shares: 11 50400, VW Avg Unk. Pr: 0.2422
Buy:Sell 1:1.70 (34.6% “buys”), DlyShts 155500 (19.98%), Dly Sht % of 'sells' 33.94%
Daily short sales are still relatively elevated, compared to recent months, and I expect they will continue as long as we have the unusual market-makers here. There's a possibility that they are here “forever”, and short sales will remain elevated. But for now I think we are just in an exceptional period and the sellers using these market makers will eventually get exhausted and we'll likely see shorts reduce.
Average trade size looks to be mid-range for retail and buy:sell is around the normal range again, but still lower than I would like to see – I suspect there's still some more selling to do, but maybe at falling volume now. This may help price hold in this range if my guess is correct. I didn't see any exceptionally large offers on the asks.
A change in behavior has occurred – what used to be late-day weakness has become late-day strengthening these last two days. I suspect some of this is a result of ATDF having some competition from LAMP, UBSS, CSTI and CDEL on the bids. This apparently is noticed by (the now more astute?) sellers that come with the new market-makers in the fray as the peeks I take at the market aperiodically show a lot more increases on the asks than used to be seen. ATDF is no longer trying to jump ahead of every ask. Let's hope this newer behavior continues.
I'm hoping that this dip lower with high volume is signaling the end of the downward pressure, which is one thing I mentioned I thought needed to occur before we could stabilize and then start moving up. I'm on shaky ground here with so much apparent negative sentiment though.
It's as if folks didn't see the 8-K's restriction on selling (no more than 15% of daily volume) placed on the note holders if they take shares. Not quite as good as Quercus, but still it helps if they don't all convert and sell simultaneously. It's not a big positive, but it's better than a sharp stick in the eye.
My original inflection point calculations continue mixed, not nearing any signal. They continue to suggest weakness, with a small increase in it. With the volume and lower buy percentage the last two days, this makes sense. My newer version is more decisive – everything agrees that weakness is dominant and not suggesting any reduction in downward movement yet.
Details of “Dly Sht % of 'sells'” and inflection points omitted here.
HardToLove
Axion Power Concentrator 235: May 12: Axion Power Completes Private Placement For $9 Million And $1 Million [View instapost]
I presume that any kind of computer error, maybe like a conditional order prematurely executed when the conditions didn't match(?), would also be undone.
The only thing I'm sure of is that the 74K appeared everywhere I look and so must have come across the Bloomberg feed, which I think almost everybody uses. Then the ADVFN "trades" screen transferred around 100K (I forget the exact number) from "buy" and "sell" columns to "unknown" and the totals changed, losing the total I detailed.
Maybe it was never a real trade to start with?
HardToLove
Axion Power Concentrator 234: May 8: Axion Power Completes Private Placement For $9 Million And $1 Million [View instapost]
HardToLove