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H. T. Love

 
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  • QuickChat #273, August 15 2014 [View instapost]
    Just a continuing erosion of the power of contracts, both written and verbal.

    That, of course, is accomplished by a reduction in the "rule of law" and an increase in the "rule of men", which or forefathers feared a great deal.

    MHO,
    HardToLove
    Aug 22 03:48 PM | 4 Likes Like |Link to Comment
  • REE/Strategic Minerals Concentrator, March 18, 2014 [View instapost]
    Motion: " I believe Lynas moving it's headquarters to Malaysia is part of this strategy, and talks with China-based investors have already happened".

    I'm not knowledgeable, but that was one of my thoughts when they announced the move.

    My thinking is that when the Malaysian operation is spun off to "return value to shareholders of Lynas", a major investor will be Chinese as the Aus government won't be able to nix the deal.

    HardToLove
    Aug 22 03:17 PM | 4 Likes Like |Link to Comment
  • A speculative play on UQM [View instapost]
    Yes. Recall that *descending* former resistance which is now support. That's what the lows look to be riding right now.

    Another short-term *rising* one is in place but as yet only origin and one touch, so we don't know if its valid or strong or not. Right now it is ~$1.62.

    I suspect today is the last of the profit takers who bought in that $1.55-$1.60 range. If so, should start to stabilize next week.

    In any case, I would think the $1.55 would be a near-term low if it decides to run lower. That's where I will bail if it gets close to it and looks nasty.

    HardToLove
    Aug 22 02:39 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 360 August 22 '14: 10-Q For Q1 2014; S-1 For $15MM Share Issuance; Changed Loan, IP-Secured MDA; David DiGiacinto Appointed Chairman And CEO [View instapost]
    08/21/2014: EOD stuff partially copied from the blog (up now).
    # Trds: 44, MinTrSz: 150, MaxTrSz: 90000, Vol: 597450, AvTrSz: 13578
    Min. Pr: 0.0850, Max Pr: 0.0900, VW Avg. Tr. Pr: 0.0880
    # Buys, Shares: 22 189450, VW Avg Buy Pr: 0.0891
    # Sells, Shares: 22 408000, VW Avg Sell Pr: 0.0874
    # Unkn, Shares: 0 0, VW Avg Unk. Pr: 0.0000
    Buy:Sell 1:2.15 (31.71% "buys"), DlyShts 57000 (09.54%), Dly Sht % of 'sells' 13.97%

    We need to hire a new painter – the close was right in line with trading of the last half hour, which ranged from $0.0875 to $0.0896. Yes, there was a buy at 15:59:23 of 1,800 shares for $0.0896 but the four trades before it, latest to oldest, were $0-.0875 (15K), $0.0876 (10K),$0.0895 (10K) and $0.0895 (1k). These all happened from 15:56 to 15:59. The trade before that sequence was a sell at 15:28 of 25K for $0.0875.

    I continue to think there's a decent chance that for the moment the $0.085/6 potential support will hold up, due to negative signs weakening and next week we go into the period of the month when we've traditionally seen prices stabilize and even improve slightly sometimes.

    At last it looks like the low-volume days I thought would be needed to slow the descent are taking effect. Here's VWAP percentage changes 8/13 through ...

    There were really no outliers today.

    On the traditional TA front, we had a very narrow spread that resulted in a hammer, indicating a bullish reversal 60% of the time, only a bit better than random, according to Bulkowski. Unfortunately he also notes that when reversal does occur the rise is not very strong, “... ranking 65 out of 103 candles where 1 is best”. We also have four consecutive days of lower highs and two of those days with lower lows. Today had rising volume on a lower trading range and now six consecutive days of lower VWAP. I think this supports the weak appreciation if we do get a reversal.

    However, the Bollinger band lower extreme, $0.0846, has contacted our low now. This offers the possibility that a tendency to revert to the mid-point may show up. With the upper extreme at $0.1114 the mid-point would be ~$0.093. The limits are still widely spread and converging (upper dropping significantly faster), so the mid-point will change.

    The adjusted trend lines' resistance today is ~$0.102 and the support is ~$0.076. So our current trading range is almost smack-dab in the middle right now. So this doesn't add ...

    The 600K $0.085 bid from NITE appeared today at 12:28. Again, ...

    My non-traditional stuff remains negative but the move towards less negativity continues. My original ...

    There were two AH trades for 10K shares that FINRA-reported daily short sales don't include. Adding that to the FINRA trade volume ...

    Daily short percentage had its second day of (very small) increase now. I think this indicates the effects of the high-volume wide-spread days are now fading. I expect a sizable jump up in the percentage either today or tomorrow if volume remains low and/or spread stays relatively “tight”. Consider that “real” short could be slightly higher as noted in the prior paragraph.

    The larger trades (>= 15K) occurred on 13 of the 44 trades, 29.55%. These 396,323 shares were 66.34% of day's volume, and traded at a VWAP of $0.0879. 4 of the larger trades, ...

    The other 31 trades, 70.45% of the day's trades, traded 201,127 shares, 33.66% of the days volume. The VWAP was $0.0880. 18 trades, ...

    The usual is in the blog here.
    http://seekingalpha.co...

    HardToLove
    Aug 22 12:33 PM | 7 Likes Like |Link to Comment
  • Axion Power Concentrator 360 August 22 '14: 10-Q For Q1 2014; S-1 For $15MM Share Issuance; Changed Loan, IP-Secured MDA; David DiGiacinto Appointed Chairman And CEO [View instapost]
    Pre-market, very unusual, sell of 24.5K for $0.0853 with NITE best on both sides @ $0.0853/$0.091 and 10K on both sides.

    Also unusual, and significance unknown, we had 2 x 5K trades last night AH for $0.0896 and then $0.0897. These don't appear in the FINRA REG SHO EOD short sales volumes.

    HardToLove
    P.S. this A.M.'s 24.5K will not appear in tonight's REG SHO EOD summary either.
    Aug 22 08:48 AM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 360 August 22 '14: 10-Q For Q1 2014; S-1 For $15MM Share Issuance; Changed Loan, IP-Secured MDA; David DiGiacinto Appointed Chairman And CEO [View instapost]
    Could rip off that Capital One ad: "Watts in Your Wallet? More Green!".

    HardToLove
    Aug 22 08:27 AM | 9 Likes Like |Link to Comment
  • A speculative play on UQM [View instapost]
    BTW, FYI the low yesterday and today are riding atop the descending support that was potential resistance.

    I'm thinking it should start to move up and away in a day or two.

    /xx<--- fingers crossed.

    HardToLove
    Aug 21 02:01 PM | 2 Likes Like |Link to Comment
  • A speculative play on UQM [View instapost]
    Yes, I really don't think the move is over with just three days. I think it's the gig-zag behavior needed to flush out the short-term profit taking before another part of the leg up starts.

    Could be wrong on that though.

    HardToLove
    Aug 21 01:58 PM | 1 Like Like |Link to Comment
  • A speculative play on UQM [View instapost]
    I was trying to keep up with AXPW and CPST and missed the opportunity. But I'll give it a bit more in hopes it's going to make another stab up into that $1.8x area.

    HardToLove
    Aug 21 01:24 PM | 1 Like Like |Link to Comment
  • A speculative play on UQM [View instapost]
    I'm glad to see they beat out BYD, the Chinese maker that got some stuff in California.


    HardToLove
    Aug 21 01:23 PM | 1 Like Like |Link to Comment
  • A speculative play on UQM [View instapost]
    D Lane: I don't think the LG Chem article is responsible *if* it's from today, because our moves tarted a few days back. I couldn't find a date there, so I've no way to guess if it's the case or not.

    HardToLove
    Aug 21 12:11 PM | Likes Like |Link to Comment
  • Axion Power Concentrator 359 August 17 '14: 10-Q For Q2 2014; S-1 For $15MM Share Issuance; Changed Loan, IP-Secured MDA; David DiGiacinto Appointed Chairman And CEO [View instapost]
    08/20/2014: EOD stuff partially copied from the blog (up now).
    # Trds: 56, MinTrSz: 180, MaxTrSz: 100000, Vol: 503951, AvTrSz: 8999
    Min. Pr: 0.0830, Max Pr: 0.0940, VW Avg. Tr. Pr: 0.0885
    # Buys, Shares: 25 258694, VW Avg Buy Pr: 0.0892
    # Sells, Shares: 30 240257, VW Avg Sell Pr: 0.0877
    # Unkn, Shares: 1 5000, VW Avg Unk. Pr: 0.0940
    Buy:Sell 1.08:1 (51.33% "buys"), DlyShts 43680 (08.67%), Dly Sht % of 'sells' 18.18%

    Our painter was on the job today with two buys for $0.0909 (the best they could do today I guess) totaling 7K shares at 15:57. If those two trades, which BTW occurred sequentially as the last trades of the day, hadn't occurred our close would have been $0.0861. There were two more buys at that price totaling 7K at 15:41 and 15:47. They were wrapped in surrounding sells of $0.0861.

    I've noted sub-$0.09 VWAP seemed near. The last two days were close with VWAPs of $0.0904 and then $0.0901. Today it was $0.0885.

    On 8/15 I also said “... we have entered short-term consolidation. Short-term is the operative word here. I don't believe we'll make medium-term. I'm not saying a close below $0.09 right away, but it sure looks like that's coming soon”. There but for the grace of “paint” went us ... today.

    Regardless of all that, I think there's a decent chance that for the moment the $0.085/6 potential support will hold up. It's not due to a lot of positive signs, but rather due to negative signs weakening and next week we go into the period of the month when we've traditionally seen prices stabilize and even improve slightly sometimes.

    All the usual is in the blog here.
    http://seekingalpha.co...

    HardToLove
    Aug 21 10:00 AM | 11 Likes Like |Link to Comment
  • Axion Power Concentrator 359 August 17 '14: 10-Q For Q2 2014; S-1 For $15MM Share Issuance; Changed Loan, IP-Secured MDA; David DiGiacinto Appointed Chairman And CEO [View instapost]
    08/19/2014: EOD stuff partially copied from the blog (up now).
    # Trds: 47, MinTrSz: 357, MaxTrSz: 20000, Vol: 262106, AvTrSz: 5577
    Min. Pr: 0.0880, Max Pr: 0.0942, VW Avg. Tr. Pr: 0.0901
    # Buys, Shares: 18 97306, VW Avg Buy Pr: 0.0913
    # Sells, Shares: 28 164100, VW Avg Sell Pr: 0.0894
    # Unkn, Shares: 1 700, VW Avg Unk. Pr: 0.0909
    Buy:Sell 1:1.69 (37.12% "buys"), DlyShts 22328 (08.52%), Dly Sht % of 'sells' 13.61%

    I've noted sub-$0.09 VWAP seemed near. Yesterday was close with a VWAP of $0.0904. Today we inched nearer with a VWAP of $0.0901.

    I opined yesterday “I think it's going to take some low-volume days to stop this trend because recently all high-volume days bring weakness”. Low volume likely will not stop it immediately, but only slow the descent initially.

    On the traditional TA front, a reduced spread with a lower high and higher low on reducing volume, ~402.9K, ~1.5MM, ~1.62MM and ~262K, finally suggests that the downside is nearing its limit. Not that we're there yet, but the big push is over and now we should see any creep lower as only low-volume and incremental. The recent lows of 8/4 and 8/5 of $0.0851 and $0.086 on 8/18 might offer some support but we need to be mindful that our history is to always make new all-time lows. If that holds we will go below the 1/16/14 $0.08 intra-day low and bounce back.

    Since we seem to be repeating the many-months pattern of weakness in the middle weeks of the month, holding at or above these recent lows seems problematic. The reducing volume offers some hope though.

    The usual is in the blog here.
    http://seekingalpha.co...

    HardToLove
    Aug 20 02:24 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 359 August 17 '14: 10-Q For Q2 2014; S-1 For $15MM Share Issuance; Changed Loan, IP-Secured MDA; David DiGiacinto Appointed Chairman And CEO [View instapost]
    Out painter was aggressive today, taking out 16,571 share at $0.0915 and 6,500 at the resulting "uncovered" $0.0925.

    Still ended down 1/8% though.

    The rest of the trading took some of the shares that resulted in a VWAP of $0.0901 for the day - 2.59% lower than the close.

    HardToLove
    Aug 19 04:17 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 359 August 17 '14: 10-Q For Q2 2014; S-1 For $15MM Share Issuance; Changed Loan, IP-Secured MDA; David DiGiacinto Appointed Chairman And CEO [View instapost]
    Great find and news Poul!

    HardToLove
    Aug 19 03:28 PM | 3 Likes Like |Link to Comment
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