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Patrick Young  

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  • Never Short A Quiet Gold Market [View article]
    A late 2015 crash would virtually guarantee Rand Paul wins the primary and the presidency.
    Apr 23, 2015. 10:15 PM | Likes Like |Link to Comment
  • Never Short A Quiet Gold Market [View article]
    This doesn't seem to be the time to be short equities. Long dollar looks like the only safe trade going forward.
    Apr 23, 2015. 10:10 PM | 1 Like Like |Link to Comment
  • Never Short A Quiet Gold Market [View article]
    We are definitely in the twilight zone here. I agree with Harry Dent. The cataclysm of the central banking manipulations will eventually erupt. This is not a "bubble". That's too cute. It is Mt. St Helens before flank collapse. I think the finishing blow would be if equities climb significantly higher from here without the long-awaited 20% correction. A real K2 peak and then fall off the other side into the void. Gold. Equities. Oil. Everything but the dollar.
    Apr 23, 2015. 10:01 PM | 2 Likes Like |Link to Comment
  • Never Short A Quiet Gold Market [View article]
    From my own charting tools (Parabolic SAR, CMF, EMA (9), Slow Stochastic, and Volume) there doesn't appear to be much near-term upside in GLD. Near-term (next few months) I see at best a couple more weeks of sideways range-bound chop and an inevitable big gap down soon. Options are similarly undecided about direction. I would say that the trend is your friend in this case and GLD continues to slide lower for the foreseeable future. The recent stabilization will only result in the next leg down being steeper than the longterm slope. (looking for sub-1000 this summer)
    Apr 23, 2015. 09:43 PM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 396: Apr. 16, 2015 [View instapost]
    Why would AXPW try to manufacture LABs? Why not license the PbC to someone who already makes them and has a lot of customers?
    Apr 21, 2015. 10:34 PM | 4 Likes Like |Link to Comment
  • Why Truckers Are Slow To Embrace CNG Fuel Systems [View article]
    Or months...
    Apr 17, 2015. 07:41 PM | 2 Likes Like |Link to Comment
  • Why Truckers Are Slow To Embrace CNG Fuel Systems [View article]
    isthisonebetter> I believe that ePower should be PAYING someone to drive the tractor 24-7. If they aren't they are making a very grave mistake. I also believe that Jay Bowman would be wise to license the tech as soon as possible and ignore any contrary arguments.
    Apr 17, 2015. 07:40 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 396: Apr. 16, 2015 [View instapost]
    What would that accomplish?
    Apr 17, 2015. 07:37 PM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 396: Apr. 16, 2015 [View instapost]
    Remember that refusing to fulfill cashless exercise does not invalidate the B's. This was what we always talked about. As of today, AXPW is in DEFAULT if anyone cared to demand what is owed them.
    Apr 17, 2015. 07:36 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 395: Apr. 8, 2015 [View instapost]
    Bankruptcy is the answer.
    Apr 16, 2015. 09:28 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 395: Apr. 8, 2015 [View instapost]
    the owners of the company are now a bunch of traders who have already accepted 40%-60% losses as total losses and are simply hanging on for tax purposes...
    Apr 16, 2015. 09:23 PM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 395: Apr. 8, 2015 [View instapost]
    "Your position has always been that death spiral had a 100% chance of success."

    This has been my understanding as well.

    The only logical conclusion to building in an incentive that pays off during a death spiral is to execute on it.

    The worst possible scenario is not the absence of liquidity. It's a $3.26 price at expiration.
    Apr 16, 2015. 09:19 PM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 395: Apr. 8, 2015 [View instapost]
    Now that I think about it...how exactly did you come to be in possession of the Tamboril Cigar Company?
    Apr 15, 2015. 08:38 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 395: Apr. 8, 2015 [View instapost]
    "While we review this process, in the best interests of our shareholders, we would ask the holders of Series B warrants to please bear with us and utilize restraint in exercising any remaining Series B warrants until we are able to gain shareholder approval for a mechanism to make unissued shares available to honor exercises. "

    (SIDE SPLITTING LAUGHTER)
    Apr 15, 2015. 08:35 PM | 16 Likes Like |Link to Comment
  • Axion Power Concentrator 395: Apr. 8, 2015 [View instapost]
    The play is:

    1) Management needs more money.

    2) Money is easier to raise in the NASDAQ.

    3) They can do a reverse split on the issued and outstanding shares. This does not reduce the number of B's outstanding or the number of authorized shares, but does change the number of "nominal" shares issued per B because the shares will be (briefly) worth significantly more on a nominal basis.

    4) Thus (assuming the price is stable after the split) for an X for 1 split, the outstanding shares absorb X times more B's than they do now.

    5) B's get paid in equity, AXPW stays listed, AXPW recruits additional toxic financing, rinse, repeat, etc.
    Apr 15, 2015. 08:30 PM | 4 Likes Like |Link to Comment
COMMENTS STATS
1,901 Comments
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