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H. T. Love  

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  • Axion Power Concentrator 285: Nov. 21 '13: Q3 '13 Results; Sale Of PowerCube™ ESS; John Petersen Joins EPower [View instapost]
    In prior years we never got a good consensus on the issue of tax loss selling.

    If you likely *WON'T* be doing that, would you kindly click "like" on *THIS* comment?

    If you likely *WILL* do so, would you be so kind as to click the "like" on this *PRIOR* comment? Don't click this one.

    Nov 21, 2013. 10:26 AM | 50 Likes Like |Link to Comment
  • Axion Power Concentrator 391: Mar. 01, 2015 [View instapost]
    Interesting that the concentrators, once hailed as the greatest thing since sliced bread, is now reviled by some (most? all?) as having damaged the prospects for the company.

    In point of fact, as all acknowledge, that damage was done by management, circumstance, ....

    What has been damaged here is the likelihood that some who went very long can now find some "greater fool" to sell to.

    The concentrator, AFAIK, was never intended to benefit "just us", but all folks by sharing knowledge, experience, theories, etc. to broaden the scope of considerations upon which one could make better-informed decisions.

    Personally, I take my losses in stride and have no wish to foist my losses upon another. I will however take the opportunity, if it presents itself, to be made whole again (even partially?) and hope that those that get my shares do better than I did. I will not try to entice others by deception of any sort though.

    Mar 2, 2015. 01:59 PM | 33 Likes Like |Link to Comment
  • Axion Power Concentrator 303: Feb. 8 '14: David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    I know you will all "like" this news: "like is back and appears 100% functional.

    I've e-mailed SA, so if it doesn't work for you you'll need to let them know there's still an issue.

    Feb 9, 2014. 08:08 AM | 30 Likes Like |Link to Comment
  • Axion Power Concentrator 240: May 30: Axion Power Reports First Quarter Results For 2013 [View instapost]
    One of our known Axionistas who doesn't care to be publicly identified in this context advised me that he was the individual behind Wednesday's (and Thursday's carryover) bids for AXPW at .272 cents per share.

    At about 3 PM EST on Wednesday he entered an order (through TDAmeritrade) to purchase 300,000 shares of AXPW at a limit of .272. This limit was above market at the time, which was then about .259 asked.

    He was rather surprised at just how scarce shares available for purchase were.

    Only 187,358 shares of the order were filled in that final hour Wednesday:
    4,400 shares at .259
    2,500 shares at .2599
    2,500 shares at .26
    2,500 shares at .262
    7,808 shares at .2623
    2,500 shares at .2624
    25,000 shares at .2629
    25,000 shares at .265
    5,000 shares at .267
    2,500 shares at .268
    5,000 shares at .269
    30,150 shares at .27
    72,500 shares at .272

    It took a further 55 minutes after Thursday's opening to fill the 112,642 share remaining balance of his order:
    15,380 ... 9:44 AM
    3,000 ... 9:46 AM
    2,800 ... 10:10 AM
    91,462 ... 10:25 AM (times listed are those of confirmation emails)

    The day after AXPW's recent low at .2001 (April 29) he had attempted for about two and a half weeks to bottom fish 100K shares at .2020. In light of Axion's recent vastly improved corporate outlook he concluded that fishing so low would prove ridiculously unproductive.

    He then attempted, instead, to fish for 200K shares at .2402 (close under market range) - maintaining that bid for a further week. Were present circumstances anything like those of last summer or fall, he anticipated that a seller of size would eagerly seize the opportunity to unload quantity, albeit at the low end of current market. Such bids of his =were= usually quickly successful back then, when our big uglies were unloading.

    His assessment today is that the market for Axion shares has undergone a massive sea change and tightened very substantially - especially for anyone trying to deploy significant capital into Axion. He anticipates that anyone eyeing Axion but waiting for all i's to be dotted and t's to be crossed re: corporate developments will wind up paying dearly for shares - especially if quantity is sought.

    Hence his decision to lay in these 300,000 shares by offering a (then) above-market price.

    He believes it likely that Axion will shortly move to resume trading in the .30 to .35 cent range and that any major positive news will rocket the stock as shins and elbows get bruised when latecomers jockey to enter the Axion arena seeking large new positions in the company.

    N.B.: This Axionista took it as a very significant portent that Bob Averill sought the opportunity, through this recent financing, to deploy an additional $735,000 of his own funds into Axion at this time.

    I think it very generous that this person provided this recounting. It provides a contrary opinion to my assessments that sellers we're "too easy" (although, I of course, remain unconvinced !! :-).

    My thanks to that person.

    For future context, Wednesday was 5/29 and Thursday was 5/30/2013.

    May 31, 2013. 06:00 AM | 30 Likes Like |Link to Comment
  • Axion Power Concentrator 237: May 16: Axion Power Reports First Quarter Results For 2013 [View instapost]
    I would like to take this opportunity to gripe, which I don't often do (until recently), in the hopes that TG & Co. will see it and think about it. I think if all post a thought about it ...

    It peeved me mightily that they have been several months into the process of second supplier efforts and nary a word that might ease the fears of the investment community was uttered.

    I feel that this could have been a minor PR with few details that said something along the lines of "Axion is pursuing ... alliances ... for satisfaction of requirements for use in (a potential) auto ..." and omit all detail as appropriate.

    Their silence does eliminate the risk of being seen to fail - good for them.

    If they are going to be a "commercial enterprise", I assume that one of the tasks they inherit with that mantle is concern for keeping investors informed in a *timely* manner. Some call it "managing expectations". I call it just helping your investing community make the best decisions for themselves and for the company benefit.

    Just think of what it would feel like for folks that dumped and lost money just because the company was more tight-lipped than it needed to be if this cc caused a nice price appreciation.

    How many folks might have stayed away because a significant step towards an apparent auto win was not even hinted.

    Think of the angst that could be avoided by folks that decide to hold through thick and thin if they had these tidbits of information.

    As a share holder I feel we are part of the company and deserve to be informed, within reason and with due discretion, when steps that will have significant effect on investor decisions occur. Even if nothing is finalized, it's worth letting the community *know* that some significant change in the activities progressing towards success occurs.

    "The market is a forward-looking mechanism". Looking backwards only, through the quarterly reports, just doesn't cut it here.

    I won't even address how much easier and better their financing effort *might* have been if share price had been going the other way. That's above my knowledge, of course.

    May 16, 2013. 05:13 PM | 29 Likes Like |Link to Comment
  • Axion Power Concentrator 367 Sep. 21 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    Agnostic because I don't see his activity as any different than what we've seen here for ages.

    The perma-bulls instantly label as troll, and/or a Yadoodle troll migrated to here, anyone that raises the same issues repeatedly raised (ad nauseum) by the old commenters.

    If repetition was the sole criteria, this board would be Death Valley silent, probably an improvement.

    Think of the few really useful negative folks that have left here because they raised issues, sometimes repeatedly, that folks didn't like and got lambasted for their efforts. Yes, they may have needed to moderate, but did anyone ever ask the bullish folks to do so? Is this a case of repetition becomes truth so the bulls want to drive out the bears?

    AFAIC we did ourselves no service by driving them away, although I believe, and they might agree, that we went overboard on the repetition.

    It's the flip side of the repetition we get from the perpetually bullish that have, so far, been consistently wrong.

    That's not a criticism of the bullishness, just acknowledgment of the harsh reality, which is where I do my best to reside, albeit not as successfully as I would prefer.

    Sep 22, 2014. 10:23 AM | 28 Likes Like |Link to Comment
  • Axion Power Concentrator 389: Feb. 12, 2015 [View instapost]
    Please click like *ONLY* if you find my blog of little use and/or find my daily summaries in the APC of little interest.
    Feb 14, 2015. 03:55 PM | 26 Likes Like |Link to Comment
  • Axion Power Concentrator 367 Sep. 21 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    As much fun as it is watching folks go at each other from opposite sides of the camp clearing, it just occurred to me that what we really have are two camps.

    Knowing (AXPWD) is a speculative stock ...

    One camp speculates based on known facts while the other presents "facts" based on speculation.

    E.g. one says no sales to date and expectations of slow sales growth until proven otherwise ...

    And the other says price s/b $xx.xx because sales will come shortly or the big investors will jump all over this through the magic of an uplisting, drawing new retail investors in, ...

    So there's really no point in arguing with each other - the launch pads for the two groups are thousands of miles apart and neither will accept the foundational premise of the other, meaning no agreement is likely.

    So except for the possibility of influencing the undecided, there's no point in the arguments. To me that says present once and end.

    Sep 24, 2014. 12:50 PM | 26 Likes Like |Link to Comment
  • Axion Power Concentrator 373 Oct. 12 '14: Axion Nasdaq SPO Page Up; BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014 [View instapost]
    "Why does every single battery researcher believe that 2 years is always the amount of time to bring a product to market?"

    SWAG: Because it's long enough to be believable and short enough to attract capital?

    Oct 14, 2014. 06:46 AM | 25 Likes Like |Link to Comment
  • U.S. Jobs Propaganda Gets More Desperate [View article]
    "Anyone who defends these numbers is (implicitly) either a liar or an idiot.".

    You forget, I guess. This is the government. Its likely it's "Anyone who defends these numbers is (implicitly) a liar *and* an idiot."

    Jun 5, 2009. 08:52 AM | 25 Likes Like |Link to Comment
  • Axion Power Concentrator 363 Sep. 07 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    "These questions (or similar) have gone unanswered on more than one occasion."

    I would point out he owes you (us) absolutely nothing.

    It is his choice on when and how to engage, as with any private person, and it makes him no less, or more, respectable than any other private person that exercises their choice in a free manner.

    Assuming a basic level of respect for him, a certain basic level of respectable treatment should, IMO, be given. That level can be adjusted up/down over time as behavior warrants. IMO, he's done *nothing* to lower the basic level which we should all afford him.

    Disclosure: I've always been one to cast a jaundiced eye on all levels of management. I'm no different with BA. But I always treated them the way I wished to be treated until they deserved otherwise, IMO.

    Your dissatisfaction is on you, not him. Your boorish, IMO, behavior does not add much (anything?) to the value of this blog. When not boorish, you contribute much and it *is* appreciated.

    Last, everyone can see what is answered and is not. Your pointing it out likely did not add any knowledge to folks who follow.

    Sep 10, 2014. 08:59 AM | 24 Likes Like |Link to Comment
  • Axion Power Concentrator 318: Mar. 27 '14: Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    Edmund: before I get, I want to thank you, regardless of the cause, for your effort and diligence in looking at the patents.

    I think I speak for all(?) in saying it's appreciated and is giving us additional knowledge, possible insight, and the opportunity for some possibly warranted new optimism regarding (NSC)'s status and activities.

    Mar 30, 2014. 02:49 PM | 24 Likes Like |Link to Comment
  • Axion Power Concentrator 380: Nov. 11, 2014 [View instapost]
    In deference to the importance of the CC, in sympathy to those that finally had to give up and wishing them good fortune, in hope that those that haven't given up fare well going forward, ...

    Thursday's stuff is found in the usual place here

    So that I don't distract.

    Nov 14, 2014. 05:26 PM | 23 Likes Like |Link to Comment
  • Axion Power: Out Of The Pipe And Into The Light [View article]
    For those with an interest, JP is correct about a change in the selling behavior though. Without assigning meaning I will say that starting a few weeks back we saw occasional instances where the market-maker (more properly I guess would be folks trading through a particular market-maker) most closely associated with capping price movement, and very often actively participating in pushing it down, began appearing less frequently and often when they did appear didn't immediately jump ahead of all other offers and then aggressively fight to maintain such a position.

    They still do it, just not as frequently and not as reliably.

    This contrasts starkly to months on-end when their behavior was as reliable as clockwork.

    This change in behavior also produced a change in price trend where the rate of descent was ameliorated and volatility of certain things I measure, which are not traditional TA things, began consistently displaying signs of indecision.

    This didn't make me all bullish on price - rather I was able o switch from saying "down" to "no signs of bullish activity yet". A big change for me.

    FWIW to those that have an interest.

    Jan 31, 2014. 03:46 PM | 22 Likes Like |Link to Comment
  • Axion Power Concentrator 247: June 28: Axion Power Receives Order To Supply Class 8 Truck Battery Strings For EPower [View instapost]
    OT: When long-time participants begin sniping at each other, I think it wise to step back and consider:
    - different folks remember different things more or less strongly;
    - some folks see negatives more easily and some see positives more easily;
    - we all bring different backgrounds and POVs to the endeavor;
    - we should keep these things (about ourselves and others) in mind when posting;
    - presumption of intentional distortion is likely ill-founded and we should keep that in mind when composing our posts;
    - the stress caused by many factors related to Axion has a natural side-effect of making folks more irritable;
    - as adults it is incumbent on each of us to mitigate the negative aspects these side-effects.

    Our strength comes from the first three items above - they should not become arrows in the quiver of internecine warfare. Envisioning us as homogeneous in terms of skill sets, available time, memory capacity, ... or any other trait and expecting "they" would do it the way we do, or reach the same conclusion, or take the time we do or, ... is a mistake.

    Except for real trolls, I believe we should always treat each other as we would like to be treated - presumption of innocence until proven otherwise comes to mind. "Brutal honesty" is best applied sparingly and only when it seems likely to produce the desired results, ignoring ego gratification of course.

    Jun 29, 2013. 06:46 AM | 22 Likes Like |Link to Comment