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Patrick Young  

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  • AK Steel: Looking Past The Headwinds [View article]
    So just to be clear - you expect USA to block dumping from China while at the same time China allows USA to export at fair value? Doesn't make sense. If we inhibit China exports, they will respond in kind.
    May 13, 2015. 04:29 PM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 397: Apr. 30, 2015 [View instapost]
    That makes sense.

    Unrelated question: Does anybody have any idea what material business besides looking for more stock/money to burn is happening in New Castle?
    May 13, 2015. 07:14 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 397: Apr. 30, 2015 [View instapost]
    RBrun> I don't disagree that Edmund is spending a great deal of time on the board for a much reduced audience and for no reasonable financial endgame, however, as far as the patents go, I think he's on to something: Despite the veiled guarantees of JP, I wouldn't be surprised if Axion lost a patent fight with the UltraBattery.
    May 12, 2015. 11:16 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 397: Apr. 30, 2015 [View instapost]
    Ok. I read it. "Confidential information" would be something that is not part of the public record. Since any patent law decision would depend on the patents - which are public record - and not "trade secrets" - maybe I'm missing some "subtlety" here - but logically speaking there is nothing that you know that the public doesn't that would be admissible as evidence for patent protection, particularly 10-12 years after the fact.

    also, the implication in paragraph 12: "Be careful to avoid inadvertent disclosures of information in the course of social conversations"

    has already been thoroughly violated on all counts via this board so I really don't understand the reluctance to say what it is about the patents, precisely, that is reliable in a legal challenge against the UltraBattery.

    I haven't been following the discussion but when JP says - sorry I can't talk about it - my BS meter goes in the red for two reasons

    1) if it isn't in the public record it is not defensible as patent protection

    2) JP hold his tongue for any reason? LOL.
    May 12, 2015. 10:53 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 397: Apr. 30, 2015 [View instapost]
    "I am not at liberty to discuss how or why I have come to believe that this is so."

    I agree with Edmund. If the patent is public record, what material evidence could you or JP possibly have that would change what is already plainly obvious from the public record? He merely asks for your interpretation of the facts.
    May 12, 2015. 08:40 PM | 7 Likes Like |Link to Comment
  • Axion Power Concentrator 397: Apr. 30, 2015 [View instapost]
    keep fighting the good fight Edmund.
    May 12, 2015. 08:36 PM | 7 Likes Like |Link to Comment
  • Copper Secular Bull Market Resumes, Buy Freeport-McMoRan [View article]
    hi contrarianadvisor>

    what do you say to the idea that demand for dollars will weaken as demand for Yuan strengthens?

    Does this not change your dollar index targets - i.e. Euro and Yen will not flow into dollars but into Yuan.
    May 8, 2015. 05:20 AM | Likes Like |Link to Comment
  • Peabody Is My Favorite Idea That Everyone Knows, But That No One Understands [View article]

    I am also of the mindset that short SPY, long FXI is the best market-indexed trade for at least the next 2 years.

    Don't really have an opinion on bonds.

    I agree that commodities are oversold because of the China slowdown.

    I also agree that commodities are going to rebound when it becomes apparent China is not done booming.

    One thing I don't hear discussed much is that dollar weakness could persist even as interest rates rise in the US as demand for dollars is redirected to the Yuan instead.

    As for BTU, what an opportunity!!
    Jan 2017 $5 call
    Jan 2016 $8 call

    both have a lot of open interest.
    A $10 end-2015 price target = 10X on the Jan 2016 $8 call.
    A $30 end-2016 price target = 20X on the Jan 2017 $5 call.

    any thoughts on which strike/date you like and price targets?
    May 8, 2015. 05:08 AM | Likes Like |Link to Comment
  • Cliffs Natural Resources: Here Comes Another Positive Catalyst [View article]
    Number 1: Steel demand doesn't really decrease once a society is developed. It just levels off and increases more slowly. While China has industrialized and modernized it's cities, there are still huge numbers of people in other countries that have only just begun this process.

    Domestically, infrastructure projects do matter. So does a shift in electrical generation - if electricity is to come from new sources, those generation facilities need to be built, and per Watt, solar and wind are very steel-intensive.

    A domestic source of steel is absolutely a national security issue.
    May 6, 2015. 09:02 AM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 396: Apr. 16, 2015 [View instapost]
    My recommendation: VOTE NO and a write a letter stating you don't have a problem seeing the company go bankrupt unless Charles ("Chucky") Trego, Michael Kishinevsky, and D. Walker Wainwright, plus any other low-life scumbag board members who have been there more than a year, are thrown out before the close of business YESTERDAY!
    Apr 30, 2015. 11:16 PM | 7 Likes Like |Link to Comment
  • Axion Power Concentrator 396: Apr. 16, 2015 [View instapost]

    No mention of how Bs convert post split.

    In any case, its a stupid ratio. They should be asking for 100 for 1 min.

    And authorize more options for the same retards?? I gotta start a public company.
    Apr 30, 2015. 08:37 PM | 4 Likes Like |Link to Comment
  • The Politics Behind Herbalife [View article]
    Dave Ritchie explains it below:
    Apr 29, 2015. 07:24 AM | 1 Like Like |Link to Comment
  • The Politics Behind Herbalife [View article]
    I don't have the links to back this up but do your own research:

    The FBI is talking in a casual sense with Ackerman because he can help the prosecution of Herbalife with his deep understanding of the underlying details.

    There was a report that the execs are seeking legal counsel unrelated to the FTC investigation because they were questioned/served subpoenas by other federal authorities linked to Preet Bharara. Preet mostly works with the FBI. FTC is old news. The new news is Herbalife management is being investigated by the FBI on criminal charges, ostensibly a much bigger deal than their corporation being investigated on financial charges.
    Apr 28, 2015. 02:37 PM | 2 Likes Like |Link to Comment
  • The Politics Behind Herbalife [View article]
    I think the more interesting question is why the FBI is investigating Herbalife. Something to do with extortion? It's not so much whether the economics is a ponzi scheme, but rather, whether there was a coercive and strategic campaign employed to descriminately rip off vulnerable groups (e.g. immigrants).
    Apr 27, 2015. 11:52 AM | 7 Likes Like |Link to Comment
  • Never Short A Quiet Gold Market [View article]
    I think more to the point is that it would be nice if SA could incorporate some kind of trade-verification system or at least track buy/sell recommendations.
    Apr 27, 2015. 05:29 AM | Likes Like |Link to Comment