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  • User462699
    , contributor
    Comments (101) | Send Message
     
    My turn for #1?
    30 Sep 2012, 01:10 PM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    Way to go 462699. It's rare for a newbie to take the honors.
    30 Sep 2012, 01:27 PM Reply Like
  • User462699
    , contributor
    Comments (101) | Send Message
     
    A dearth of posts should not be used as a measure of "newbieness". I started accumulating AXPW on 09/02/2009 @ $2.40 Fortunately it was only a small amount and have since been able to average down to $0.43. I rarely post because there are so many others on this forum that are far more knowledgeable than I. I'm holding out for that E ticket ride I mentioned many concentrators ago. If I don't last long enough to enjoy it my grandkids will. And I do really appreciate all your effort and input at keeping records straight as well as that of the other major posters here.
    30 Sep 2012, 02:09 PM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    Heck fire, with a small number of comments you could have sidestepped that $2.40 thing completely and claimed to have bought it all at $.30. Nobody here would have known the difference. In any event I'm glad that you didn't give up on Axion after the 2009 placement and the ensuing times of trouble.
    30 Sep 2012, 02:46 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    User46......, Thanks. It's good to be the "newbie" here. Young again!

     

    Anyway, A post for all.

     

    I'm in full agreement here. The improvements are going to come from a ton of improvements everywhere. Most of it because it's now the top focus. You couldn't say that 10 years ago. Especially in the US market. Almost nobody cared about mileage.

     

    "Fuel-economy advances won't come from electric cars, experts say"

     

    http://bit.ly/V2sTdO
    30 Sep 2012, 02:36 PM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    I have to respect auto executives who recognize that a journey of a thousand miles always begins with baby steps that get you to your desired destination in the fullness of time.
    30 Sep 2012, 02:48 PM Reply Like
  • D Lane
    , contributor
    Comments (1211) | Send Message
     
    Everybody has turned against the electric car now. Should be a good bullish indicator but I think its early for that yet.
    1 Oct 2012, 12:24 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    John, I'm the biggest proponent of continuous improvement you'll ever meet and I was that way when I started working contract in the manufacturing sector 30 years ago. I watched in amazement as tons of well respected engineers ran around swinging for the fences with many burning money with little return. Meanwhile I was running around spending little sums of money all over the place getting huge returns on a relative basis. 5 years later I was working on some of the highest profile platforms and a few of the people in the area were bitching like crazy because by comparison I was a "newbie piss ant new hire". I knew how to reach just far enough and ALWAYs have backup plans. My only point. I'll take a team of solid steppers in manufacturing long before I'll take a team of guys that can run like hell once in a blue moon. In the R&D field you need dreamers with the support of some of the best minds and resources. Maybe even on occasion in some areas once you begin to brick and mortar like nuclear fusion as an example. In most areas of manufacturing you can end up gaining some pretty good ground by reaching just a little and doing it often.

     

    BTW, This background will give you a pretty good understanding of why I think Axion has such a great story. It's a more than solid step forward in an area where steps forward are hard as heck to come by. It makes me so darn mad to have the dumb dumbs in our government (US) swinging for the fences with bricks and mortar. These clowns don't have a clue.
    30 Sep 2012, 03:34 PM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    When I did my first transaction with Axion, the deciding factor in my mind was Bob Averill's experience of starting three orthopedic implant companies at the patent application stage and building them to a point where they were suitable acquisitions for 3M, Stryker and Zimmer. That doesn't happen once without an extraordinary degree of manufacturing competence. Until I met Bob, I'd never seen anybody do it three times.

     

    I've had three decades of experience with guys in white coats who perform magic in the lab but don't know the first thing about making a product and controlling costs. The one lesson that the experience has seared into my brain is that a great manufacturing team with a mediocre technology will always have a greater success than a mediocre manufacturing team with a great technology.

     

    On extremely rare occasions you get a shot at the brass ring with a great manufacturing team and a great technology. That's when you bet the castle.
    30 Sep 2012, 03:46 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17244) | Send Message
     
    9/28/2012: AXPW EOD stuff partially from my instablog.
    # Trds: 80, MinTrSz: 200, MaxTrSz: 18300, Vol 359283, AvTrSz: 4491
    Min. Pr: 0.2530, Max Pr: 0.2810, VW Avg. Tr. Pr: 0.2715
    # Buys, Shares: 42 168869, VW Avg Buy Pr: 0.2750
    # Sells, Shares: 38 190414, VW Avg Sell Pr: 0.2684
    # Unkn, Shares: 0 0, VW Avg Unk. Pr: 0.0000
    Buy:Sell 1:1.13 (47% “buys”), DlyShts 85189 (23.7%), Dly Sht % of 'sells' 44.74%

     

    Pre-market and AH trades, 5K @ $0.2720 (a "buy") and 5,507 @ $0.26 (a sell) respectively, are not included in the FINRA-reported short sales file. Adding this volume to the total volume moves the short percentage from FINRA's 24.43% to my calculated 23.7%. If both were short sales the percentage moves to 25.6%.

     

    First, the good news. We again closed at $0.27, above the traditional TA descending trend support line, which is around the $0.266 area now. So in spite of the lower low (which penetrated that line), we apparently are moving away from that descending support line and may not be quite as weak as it would appear. Don't believe me?

     

    First, the $0.26 last trade you all will see at the open Monday was an AH trade – my guess is a market-maker did a covering buy for a 5K short sale at a higher price. How likely is this? Very, as you'll see in a moment.

     

    Some breakdown of the days action – sorry folks that were drooling at $0.25: $0.2530, 1K (0.28%) ; $0.2600-$0.2650, ~59.2K (16.47%); $0.2651-$0.2700 80.7K (22.46%); $0.2701-$0.2750 ~150.3K (41.84%); $0.2760-$0.2810 ~68.1K (18.95%); VWAP $0.2715, with about ~61% of volume at >= $0.2701.

     

    Now I ask you, who would put in a 1K sell for $0.2530 at 15:35 P.M. when the trades within 7 minutes prior went as high as $0.27 and were all $0.26 or higher? Do you think someone was trying to trigger stop-loss selling? Who would be so nefarious? That's a rhetorical question folks – I have two parties in mind and one of them would be a market-maker.

     

    Here's another interesting factoid: there was a window of 28 to 35 seconds when the bid was $0.253/$0.254 and that was the only time during the whole day when the bid was below $0.26. Some coincidence, huh? This doesn't qualify as a “lure”, it's more a “stick of dynamite tossed into the water to see what floats to the surface after detonation”.

     

    I sincerely hope that all of us Axionistas are savvy enough now to be not distracted by such shenanigans.

     

    In spite of the nasty price action of late, volatility continues to come out of the daily short sales percentages as the peaks are lower and the lows higher since 8/3. Just as with the prior “spikes”, we saw a drop to an absurdly low percentage and the start of a recovery towards more normal values. With my recent connecting the dots of “T+3” and daily shorts, I hope to be able to garner more and better intelligence from this as time passes and I begin to be better able to correlate it with “what's next”.

     

    The bright spot in the daily short percentages is that now we have three of my four averages (10, 25 and 50-day) all in healthy down-trends with only the 100-day yet to respond. Some older lower values are “falling out” of that latter average and the future direction of it will be responding to the numbers going forward: if we see numbers in the 30% or so range, it will continue to rise a while longer (a week or two?) and then it too will begin to slowly flatten and roll over.

     

    There's a somewhat similar trend, lower volatility, in the average trade sizes as the highs have been moving lower since 7/11, but the lows have remained relatively steady. I presume this is an effect of the larger sellers having exhausted most of the larger buyers over time and the smaller retail buyers having to absorb the volume that has been getting put into the market by the larger sellers.

     

    With quarter end out of the way, selling pressure should see a dramatic reduction now and the volume and short sales should both move lower, although the percentage of daily shorts should continue to gravitate towards “normal” - my best guess is somewhere in the low-30% range over time.

     

    The last piece of good news: I think what we just went through these weeks is the equivalent of “blood in the streets”. Those who bought and held strong will benefit.

     

    Concomitant with this selling pressure we have seen all the averages, not just the short-term ones, for the buy:sell ratio finally going negative.

     

    The descending trend lines for the share price have never had a stronger correlation – all are now >= 75% correlated.

     

    If we didn't know that the volume was from price-insensitive “dumpers”, I would think the volume was a bright spot – it's on a steady trend up. But I suspect that now we'll see that disappear as sellers will be out and we'll be awaiting some big news to move the volume and price up. If shares have been transferring to “strong hands”, price appreciation will begin to appear on low volume.

     

    Some random thoughts on the days action and the “Dly Sht % of 'sells'” have been omitted from the concentrator.

     

    MHO,
    HardToLove
    30 Sep 2012, 08:40 PM Reply Like
  • JohnM121
    , contributor
    Comments (356) | Send Message
     
    Nissan buys back Leafs under Arizona Lemon Law
    "After just 15 months of ownership, three of the capacity bars on his Leaf’s dashboard had disappeared, representing a 27.5 percent loss in battery capacity."

     

    http://bit.ly/V3NbUh

     

    People are just beginning to realize that a fully charged EV is like an ICE with a 1 gallon gas tank. Now we're learning that after 15 months, it's more like 3 quarts.
    30 Sep 2012, 09:49 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    And as a follow on to JohnM121's article, kick in the gut #2.

     

    Must admit though that I don't know why they are so excited about PHEV's either. I guess I'll need to look at the economics more closely with 8-10 USD gas in mind and also other market regs.

     

    Soft Sales Crimp Outlook for Electric Cars

     

    http://nyti.ms/QFNv9j
    1 Oct 2012, 08:25 AM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    I think I may have read a similar story somewhere else, but can't for the life of me imagine where.
    1 Oct 2012, 08:49 AM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    I had a little deja vu myself.
    1 Oct 2012, 09:07 AM Reply Like
  • timzinski
    , contributor
    Comments (81) | Send Message
     
    However, on the other side of the world, Kandi Techologies (KNDI : NASDAQ) this morning announced the signing of a sales order for the first 5,000 electric vehicles, of a 20,000 order, to be delivered as soon as the payment of about $31.5 million US is received.

     

    Kandi has preliminary LOI for just over 100,000 pure electric vehicles and interest from many cities in China estimating sales of over one million units in the next few years. The rental garages will hold 200 cars and over 400 batteries on racks and will be utilized for V2G.
    One model uses LAB and one uses L-Ion and more models are being developed. It would be sweet if Kandi could use a PbC battery for something, maybe the V2G application would make it palatable.

     

    So HAPPY I held onto my KNDI shares after the recent short hit.
    So HAPPY I am holding my AXPW and CPST.
    I am LONG LONG LONG with AXPW, KNDI, CPST.

     

    Which stock will let me retire first? Hmmm....exciting race!

     

    Thanks to all you other Axionistas for the continual info, insight and encouragement. I hope you can all hold on to your shares. When I raise some more cash I will buy more shares!
    TimZ

     

    1 Oct 2012, 09:08 AM Reply Like
  • SimpleInstrument
    , contributor
    Comments (79) | Send Message
     
    KNDI should be a winner. Glad you picked it up on the cheap.
    1 Oct 2012, 04:16 PM Reply Like
  • Al Marshall
    , contributor
    Comments (495) | Send Message
     
    MIT Tech Review article on the declining cost of hybridization.

     

    http://bit.ly/W7VufT
    1 Oct 2012, 09:52 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    Hmmm...

     

    I'm feeling like we're up against Drago (7 seconds) http://bit.ly/RuBNxK

     

    ... but we know how it ends (skip to minute 7) http://bit.ly/SuBkZB
    1 Oct 2012, 10:18 AM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    Some things are worth watching all the way through - start to finish. Two and a half years compressed into 8 minutes.
    1 Oct 2012, 10:36 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    well....

     

    My AON order in the .25xx range got filled...

     

    Thinking about more... but will have to initiate trading shares because my "core" is already gargantuan... and there isn't knee surgery for investors that carry around too much non-diversified weight.

     

    That said... might pick up more while we're down here... this is ridiculous.
    1 Oct 2012, 11:21 AM Reply Like
  • H. T. Love
    , contributor
    Comments (17244) | Send Message
     
    Congrats to the $0.25x lurkers!

     

    On the good news, buy:sell just flipped for an earlier 1:2.67 to now 1.01:1.

     

    HardToLove
    1 Oct 2012, 11:26 AM Reply Like
  • D Lane
    , contributor
    Comments (1211) | Send Message
     
    I think I'll try to get some at <.26 too, given HTL's latest analysis.
    1 Oct 2012, 11:27 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    HTL... sent you a note with my purchase activity of the day to help you analyze what's going on
    1 Oct 2012, 12:28 PM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    Are you Catholic by chance? If so I'll drop a note to the Vatican suggesting that sainthood may be appropriate.
    1 Oct 2012, 12:38 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17244) | Send Message
     
    Thx Jon!

     

    HardToLove
    1 Oct 2012, 12:41 PM Reply Like
  • DRich
    , contributor
    Comments (4417) | Send Message
     
    Well, isn't this typical. Axion gets what should amount to good news from the railroads and what happens ... the selling merrily picks up and down we go. If this were a Pharma, we'd be looking at a wholly different metric. Bummer, eh!
    1 Oct 2012, 10:50 AM Reply Like
  • Articula
    , contributor
    Comments (245) | Send Message
     
    I'd like to see an official announcement of the good news. PR needs to step it up.
    1 Oct 2012, 11:01 AM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    There may not be an official act for a while. A grant has been awarded but that's just the start of the process. Now NS and Penn State have to negotiate and sign the appropriate contracts with the government and then NS has to negotiate and sign appropriate contracts with Axion. As soon as you get those damned lawyers involved ... From a PR perspective there's nothing to talk about until the paperwork is done and the counterparties sign off on a release.
    1 Oct 2012, 11:12 AM Reply Like
  • Mathieu Malecot
    , contributor
    Comments (966) | Send Message
     
    us knowing doesn't = a material event in terms of price. we are either bloated or waiting for scraps at <=25. i also don't think new investors put puzzles together as well as people here do. that said, the more good news the less stock price matters for next round of financing imo. it will still matter, but less so. also strategic partnerships get easier with visible markets.
    1 Oct 2012, 11:17 AM Reply Like
  • JohnM121
    , contributor
    Comments (356) | Send Message
     
    Sounds like most of the 400K will be spent in activities I classify as overhead. The money may go to the project, but a substantial amount was spent getting and administering it. The grant is good for technology confirmation, but may slow down commercialization as people wait for the bureaucracy.
    1 Oct 2012, 02:28 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    JohnM121, Don't forget to include the 590k USD in NSC matching funds on the program.

     

    Here's the article again for ease of reference.

     

    http://bit.ly/Vklmpl
    1 Oct 2012, 02:43 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2380) | Send Message
     
    But I wonder if they end up charging the "partnership" anything for services??

     

    Assuming it's allowed, sure would be nice to see them finish "early" so they can move on to the OTR grant!
    1 Oct 2012, 03:44 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    I'm holding out for .2499. And if they'd just add one more least significant digit I'd be happier. More options! I'd really be willing to pay .24992 +/- .00001 depending on the news.
    1 Oct 2012, 12:09 PM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2479) | Send Message
     
    Can anybody read Serbian?

     

    http://bit.ly/VjHKiH
    1 Oct 2012, 12:10 PM Reply Like
  • Tim Enright
    , contributor
    Comments (1341) | Send Message
     
    Stefan, Google has a translation toolkit that can translate a text file...
    1 Oct 2012, 01:31 PM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2479) | Send Message
     
    Thanks, I just messed around with it and it looks like some type of resume from a scientist that used to work for Axion.
    1 Oct 2012, 01:41 PM Reply Like
  • SimpleInstrument
    , contributor
    Comments (79) | Send Message
     
    Google works better than some software I spent way to much money on... though they work differently; the translation works out much better. Good call! Google will be a monster one day.
    1 Oct 2012, 04:22 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17244) | Send Message
     
    (AXPW): Every little bit helps: from PR Newswire, "Axion Power™ R&D Chief, Dr Enders Dickinson, Delivers Paper On PbC® Uses In Micro-hybrid Cars And Hybrid Locomotives At European Lead Battery Conference".

     

    "... Axion has been working with several major automotive OEMs on projects associated with micro-hybrid automobiles and trucks.".

     

    http://prn.to/W8xMA6

     

    HardToLove
    1 Oct 2012, 12:11 PM Reply Like
  • DRich
    , contributor
    Comments (4417) | Send Message
     
    >Mathieu Malecot ... " us knowing doesn't = a material event " and I agree with that. Further I don't see what we've learned would be impetus for new market attention. I would think it is something that would give pause to existing shareholders to "wait & see" and that is really what I'm curious to find out. This board takes get joy & entertainment from dragging the share price as deep into the mud as possible and that is OK. The sellers keep going there. Maybe whoever is this desperate or myopic to sell doesn't pay as close attention as this board or doesn't care. Where or what might constitutes a "Hold" point is my quandry.
    1 Oct 2012, 12:14 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17244) | Send Message
     
    DRich: "... takes get joy & entertainment from dragging the share price as deep into the mud as possible ...".

     

    I think that's a misconstrued interpretation of "this board's" actions.

     

    For *me*, this whole market is TFH-worthy in that it is made as opaque as possible in order to take from me that which I have worked hard to earn.

     

    Recognizing that, I try to act appropriately and I think most others try to do the same.

     

    "It ain't like it used to be"?

     

    MHO,
    HardToLove
    1 Oct 2012, 12:47 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17244) | Send Message
     
    (AXPW): Progress continues: Buy:Sell 1.61:1 and back at $0.27.

     

    HardToLove
    1 Oct 2012, 12:18 PM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    My new article "Energy Storage: Q4 2012 Winners And Losers" was just published – http://bit.ly/QGGIMH

     

    A second article on "Why Electric Cars Can Never Achieve Relevant Scale" should hit TheStreet later today or tomorrow.

     

    Both include links to my ELBC presentation.
    1 Oct 2012, 12:44 PM Reply Like
  • SMaturin
    , contributor
    Comments (2096) | Send Message
     
    Axion Power™ R&D Chief, Dr Enders Dickinson, Delivers Paper On PbC® Uses In Micro-hybrid Cars And Hybrid Locomotives At European Lead Battery Conference

     

    http://bit.ly/PS3Cic

     

    Hitting local news in PA
    1 Oct 2012, 12:48 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    "Axion's future goal, after filling their plant's lead-carbon battery production capacity, is to become the leading supplier of carbon electrode assemblies for the global lead-acid battery industry."

     

    I don't know. I like the fact that they have an option to make prototypes on production facilities. I also like the fact that they have an option to supply product to some customers as a salable product. I just don't care too much for any level of emphasis that they want to fill their own capacity first. I know, I know, it's mostly for public consumption.

     

    It's really a small point but I see no reason for their need to make this comment.
    1 Oct 2012, 06:54 PM Reply Like
  • DRich
    , contributor
    Comments (4417) | Send Message
     
    >iindelco ... It does imply that the plan is to expand using cashflow instead of debt. After all, they could satisfy a very large demand to markets like behind the meter & rails from the capacity expanded limits of New Castle. Autos ... that's different. Autos are the only market that holds the potential to go from zero to 1 million near instantly.
    1 Oct 2012, 07:06 PM Reply Like
  • tripleblack
    , contributor
    Comments (13436) | Send Message
     
    iindelco: I see 2 points being addressed in a single (if a bit disjointed) sentence.

     

    1. They are hinting at a delay before they will land a whale, and plan to use that time to work up their existing plant's capacity.

     

    2. Longer term, they plan to focus on supplying carbon electrode assemblies.

     

    This awkward paragraph is more revealing of their situation than simply stating the obvious:

     

    "Axion's future goal is to become the leading supplier of carbon electrode assemblies for the global lead-acid battery industry."

     

    Its a bit defensive, in that it implies sensitivity over the issue of "Ok, you don't have that whale in the boat yet, so what are you doing to fill your time productively?"
    1 Oct 2012, 07:44 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    DRich, Could be but seems aggressive given NSC's caution. Or, Perhaps not so aggressive if, I think you may have made the point, we consider they might have access to at least 10-15 million USD in debit access at reasonable terms.
    1 Oct 2012, 08:11 PM Reply Like
  • DRich
    , contributor
    Comments (4417) | Send Message
     
    >iindelco ... I believe Axion could have the ability to mortgage for expansion but I've always had the understanding that cashflow and/or equity sale was preferred to taking on any debt at all. Personally, I like the latter solution just because I have visceral aversion to debt and I admit such a stance may be an obstacle to rapid growth & not much fun as a shareholder. Good thing I don't have to make decisions.
    1 Oct 2012, 08:23 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    Could be TB.

     

    BTW, I'm not implying the statement is new. I think they have used it as an attachment for their press releases for awhile at least.

     

    Maybe I'd just stick with with something along the lines of supplying something that marries "cost effective" & "optimal" for markets requiring "a blend of high power and energy" storage for industries such as rail, automotive start stop, UPS etc. ( I saw one article defining packs of ultracapacitors as "Supercabatteries")

     

    Then again, remember I said I was nit picking. Perhaps better things to focus on.
    1 Oct 2012, 08:34 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    DRich, Understood and agree. But it is good to have options while one selects the best path for sure. Hate to be in a position negotiating doctors rates with a gaping wound.
    1 Oct 2012, 08:40 PM Reply Like
  • jveal
    , contributor
    Comments (652) | Send Message
     
    In addition to saving huge amounts of capital needed to build battery factories, planning to provide electrodes to the battery companies has another benefit. They will not be in direct competition with the huge companies. They will partner with the ones most willing to work with Axion.
    1 Oct 2012, 08:41 PM Reply Like
  • DRich
    , contributor
    Comments (4417) | Send Message
     
    >iindelco ... [snark] Isn't that what one side of the healthcare argument recommends to reduce costs?
    1 Oct 2012, 08:44 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    DRich Good point and right on. My feeling for some time is that government controlled agencies (yes I think they are in that deep) have a propensity to avoid adaptation until they have already gone off a cliff. That worked just fine while you were attached to a huge entity that had tons of wealth. No mas.

     

    And no I'm not claiming other institutions like banking etc. are up for sainthood. Oh wait. Big banking is in effect another government controlled agency IMHO.

     

    Can't imagine how this is all going to play out but I keep getting a posterior phantom pain.

     

    (Lot's of snark)
    1 Oct 2012, 09:27 PM Reply Like
  • DRich
    , contributor
    Comments (4417) | Send Message
     
    >iindelco ... I agree but I think you've got the pecking order backward.
    1 Oct 2012, 09:54 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    DRich, Perhaps. In some cases they are so intertwined it's hard to separate the two.
    1 Oct 2012, 10:01 PM Reply Like
  • DRich
    , contributor
    Comments (4417) | Send Message
     
    >iindelco ... I'll not argue the intertwined because I don't see the separation, but I will say I find the concept of government expressed by most here as truly baffling to me.
    1 Oct 2012, 10:15 PM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    >Iindelco: That sentence has been around for a very long time. It was first used in April 2009 and has never changed.

     

    It's supposed to convey the idea that Axion can and will make finished PbC products in New Castle, particularly if it can cherry-pick low volume high value business for its own account, but aspires to be a component supplier to the global battery business.

     

    It's also supposed to convey the idea that Axion doesn't have grand ambitions to expand its battery manufacturing activities beyond New Castle, which is a critically important fact for potential component buyers.
    2 Oct 2012, 02:40 AM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    John, Thanks for the clarification. I thought it had been used for some time.

     

    And it is best to get the meaning directly from someone that would certainly know.
    2 Oct 2012, 05:57 AM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    What typically happens with paragraphs like that one is they get written once and then become a standard cut and paste that endures for years without a second thought. The earlier version, which I actually liked a bit better, said "Axion's goal is to become the leading supplier of carbon electrode assemblies for the lead-acid battery industry."

     

    The clarifying language first appeared on April 13, 2009, the day that Axion announced its worldwide supply agreement with Exide. My best guess is that it was added to soothe concerns that Axion might lose control of its own destiny by virtue of the Exide agreement.
    2 Oct 2012, 06:06 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    A price purchase history

     

    .80xx (first buy)
    .74xx
    .68xx
    .65xx
    .64xx
    .63xx
    .54xx
    .46xx
    .42xx
    .40xx
    .38xx
    .36xx
    .35xx
    .34xx
    .32xx
    .31xx
    .30xx
    .28xx
    .27xx
    .25xx

     

    Shares sold to date: zero
    Average cost: .35

     

    Come on you sellers... let's get it on. Or, as Rocky says to Clubber and Drago, "Come on!"
    1 Oct 2012, 02:23 PM Reply Like
  • nakedjaybird
    , contributor
    Comments (2651) | Send Message
     
    Springer - I like the trend. It tells us something. Well, several things.
    3 Oct 2012, 02:35 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17244) | Send Message
     
    On CNBC Rick Santelli just said "Look at Tesla, it mis-allocates capital into all the wrong things", IIRC, while they were discussing the effects of QEx on markets and the economy..

     

    HardToLove
    1 Oct 2012, 03:09 PM Reply Like
  • JRP3
    , contributor
    Comments (7607) | Send Message
     
    "Tesla is actually on the verge of becoming cash flow positive and will not have to spend any of the money raised, at least until we embark upon a major new vehicle program. In the public call with investors, I tried to make this point, but perhaps should have emphasized it more: we expect Tesla to become cash flow positive at the end of next month."

     

    http://bit.ly/QZMNRo
    4 Oct 2012, 09:07 AM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    Remember that quote. I'm sure it will be a hot topic of discussion by late March when Tesla is on the brink again.
    4 Oct 2012, 09:09 AM Reply Like
  • bangwhiz
    , contributor
    Comments (2235) | Send Message
     
    I was filled with angst on Friday and considering exiting around .27. I concluded that the worst the price could fall would be to .20 and that if it went below .20 I was gone. Until there is a major deal this stock is going to be sick for a long time. The most obvious catalyst to push the stock to .20 is a surprise capital raise at current price levels like the .35 cent capital raise. I think Axion will stretch out their existing funding as long as possible while searching for a strategic investor, or trying to land a significant sale.

     

    One stinking way or another Axion can survive for longer than another year. Since Axion has a bunch of whales hooked on 5 lb test line they can't do much but hang on until help arrives from somewhere. Not much fun watching the daily carnage so I'm going to just relax and wait for the sound of bugles and thundering hooves. Until then this is just no fun at all.

     

    At worst I get a big enough refund for a really good toot. At best I have beaches and pretty girls. I'm done with worrying about it. When you are as far underwater as I am there's no use fretting about it. I'm going to let the gods deal with it.
    1 Oct 2012, 04:12 PM Reply Like
  • JohnM121
    , contributor
    Comments (356) | Send Message
     
    Bang's sentiment is a bullish sign to me. Once the Big legacy shareholders and the weaker hands are depressed, there's not where else to go but up. Assuming the company has operational strength to continue.

     

    There is a micro-cap strategy that waits for the price to double before buying. The first double is validation that a turnaround has begun. That money has been waiting for a year now, and it's still waiting.
    1 Oct 2012, 05:51 PM Reply Like
  • SimpleInstrument
    , contributor
    Comments (79) | Send Message
     
    Bang,
    Not long ago I found another company with the same shake. After the shares were offered; the stock floundered for some time. The patient people whom held; saw their share price increase over the next three years. It went from roughly 50 cents a share to 3 dollars a share (since). The problem is Axion's vision; not the product. They keep lobbying for those whales; at the expense of the smaller orders... like residential. I just had a nice talk with one of the sales managers. Once he found out I had a history; he quit feeding me the standard fare. My argument went something like this... you’re selling a battery system for delivery in the upcoming months that is not even priced yet. Lets say 40-50k... now lets say you can get a hundred amp our trolling battery (bank) for say 4k; now you’re talking about an even smaller market. If Axion can sell premium racing batteries; why can't they just flood the market with solar batteries; even if they have to add 10 percent to the cost based on a BMS. That argument; about wanting to control the applications becomes a weak one. Especially when you consider; a battery storage system either works or doesn’t. The problem is one in which; Axion is begging for cash while trying to control their destiny at the same time. You don't beg for money and then say this is how we are going to do it. You don't say; I don't care about how the shareholders feel; we know what is best; when you know you'll have to ask for more cash in the future. If the battery were as sweet as they say; and able to be built on existing platforms... they would flood the solar industry with their own batteries. They would not have to ask that the customers pay a ten fold loss; while trying to impress the other industries (for larger contracts). They are jockeying for something stable here? I just hope they know what they are doing. When your swimming with the big fish; you can't forget that you're likely food on that great chain. I just can't pen it in writing here. Since the tech seems fairly sound; I'm assuming there is a certain greed component here. A gent was telling me today; that Axion could not survive on their own. Which is a pretty telling statement in its own right; if you get my point. I just locked in some easy shares today; at bottom feeding rates (no problems). Hope you do well here. As for me... I don't buy lottery tickets as a rule; so I made up for it with Axion shares. If it were me; knowing the financial cliff would hurt investment soon... I'd have taken a different route on the short horizon. But then again... I'm just a stock holder here.
    2 Oct 2012, 02:42 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    SimpleInstrument,

     

    I once got a blackjack with a 6, 7 & 8 for which there was an additional bonus for getting blackjack that way which brought my cumulative gambling habit back into positive territory. After that, I walked out of the casino and never gambled again.

     

    The morals of this story:
    - sometimes, you just get lucky
    - quit while you're ahead

     

    You often claim to be long this stock but constantly talk it down. You claim to have had great investments but don't name the companies. You claim to own Axion as a lottery ticket yet don't seem to understand an iota of the company's strategy. Maybe you should quit while you're ahead and enjoy that you were lucky.
    2 Oct 2012, 03:26 PM Reply Like
  • Futurist
    , contributor
    Comments (2124) | Send Message
     
    Jon S,
    I couldn't have said it any better myself.
    2 Oct 2012, 03:42 PM Reply Like
  • Articula
    , contributor
    Comments (245) | Send Message
     
    I'm in the exact same boat Bang - I'm down about 60%. Then I think about JP, he must have the testicular fortitude of a Silverback gorilla to be where he's at.

     

    If you believe in the story, as I do, then you should stick around if it fits your investment horizon. I'm young, just had my first kid and am lucky enough to have some cash to throw at this. I'm sure I was number 50 -55 out of Springer's data set but it's enough to change my life if Axion goes where I think it will. So I sit here refresh the concentrators every 20 mins or so and enjoy dreaming about what I think will happen and enjoy interpreting all the data I get from this great group.
    1 Oct 2012, 05:10 PM Reply Like
  • bangwhiz
    , contributor
    Comments (2235) | Send Message
     
    The only sure way to lose a lot of money on Axion is to become so disheartened you fold miles underwater. I'm not young, I am stuck on a fixed income at the moment, and unlikely to engage in the ball-busting type of sales, consulting or business ownership roles I played in the past.

     

    I am certain the core holders of Axion are making the best decisions possible in Axion's current circumstances. They have a lot more fat in the fire than I do. I'll let them worry about it as they have a much better seat and can actually do things that will improve the situation.

     

    As a serial entrepreneur during my working life I risked both my money and busted my butt. Axion lets me enjoy the same thrills of victory and agonies of defeat I experienced in the past without the butt busting. I am just going to let the damn thing ride and watch the movie. Sure would like a happy ending, but I'm no stranger to losing it all too. Excuse me, I've got to get some popcorn for the rest of the show.
    1 Oct 2012, 05:24 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17244) | Send Message
     
    (AXPW): Composing my EOD summary, I thought this might be of interest and didn't want it to get buried in the rest of the text I normally post.
    ======================...
    Recall that yesterday (Friday) had an AH trade of $0.26, which I wondered might be a covering buy for I prior short sale. I also though it might induce stop-loss selling and thought I posted that thought but I can't find it now.

     

    Maybe I posted only in my mind's “virtual reality”.

     

    Anyway, my thought this morning, when there were no trades for over thirty minutes and I then watched ~94.5K go at prices from $0.2699 down to as low as $0.2520, was that the triggering of stop-losses worked and some market-maker cleaned up.

     

    Recall that the prior day's short sales were 85,189 (excluding the out-of-hours trades @ $0.2720 and $0.2600, which would add a tad over 10K). If we take the reported shorts and the two extra trades we get ~95K possibly sold short.

     

    Does that number sound familiar? Does a VWAP of $0.2552 in "covering buys" for today's early 95K in trades look like an attractive profit to a market-maker that naked-shorted into yesterday's VWAP of 0.2715? Add in fees from the exchanges for both the naked shorting trades and the covering buys (larger fees for the buys than the sells) and it must have been an okay day. Doesn't sound like much, but it all adds up doesn't it?
    ======================...

     

    Today's short sales aren't available yet.

     

    HardToLove

     

    EDIT: Shorts just came up: 193537, ~35.6% shorts - right around where I think it should settle if the big sellers are about out.
    1 Oct 2012, 05:38 PM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2479) | Send Message
     
    If my memory serves correctly, tomorrow is the SAE presentation and Axion will be able to put the new paper on their website.

     

    http://bit.ly/R89S4R

     

    Organizers of this section:
    Paul Menig, Tech-I-M; Steve Nadig, Daimler
    Trucks North America LLC

     

    http://bit.ly/U317yQ

     

    http://bit.ly/U31DNe
    1 Oct 2012, 05:58 PM Reply Like
  • Tim Enright
    , contributor
    Comments (1341) | Send Message
     
    Thanks Stefan, I am very much looking forward to the presentation...
    1 Oct 2012, 08:01 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    Stefan, Thanks for keeping an eye on this. We'll need to see what comes out of it. Daimler, Jeez.

     

    I hope he doesn't say anything too compelling. We might tank for sure!
    1 Oct 2012, 07:00 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    No surprise here re: a lawsuit.

     

    Nissan says class action lawsuit over Leaf batteries "lacks merit"

     

    http://aol.it/QTkJPI
    1 Oct 2012, 07:07 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17244) | Send Message
     
    10/1/2012: AXPW EOD stuff partially copied to the concentrator
    # Trds: 85, MinTrSz: 175, MaxTrSz: 50000, Vol 543197, AvTrSz: 6391
    Min. Pr: 0.2520, Max Pr: 0.2780, VW Avg. Tr. Pr: 0.2596
    # Buys, Shares: 52 282518, VW Avg Buy Pr: 0.2602
    # Sells, Shares: 33 260679, VW Avg Sell Pr: 0.2590
    # Unkn, Shares: 0 0, VW Avg Unk. Pr: 0.0000
    Buy:Sell 1.08:1 (52.0% “buys”), DlyShts 193537 (35.6%), Dly Sht % of 'sells' 74.24%

     

    I put a comment about the early action and Friday's shart sales above. I avoid repeating it to save space. It can be found here.

     

    http://seekingalpha.co...

     

    On a more general note ...

     

    The shorts sales peaks continue to get lower while the lows continue higher. Still looking like volatility is leaving this metric. Today's value is right around the area I'm expecting to be “normal” if the big sellers are out. Combined with volume showing a slight up trend, it looks like some stability is not far off. I do expect volume to start to reduce until we get some news, if the big sellers are out. This is predicated on the assumption that a large percentage of former big seller shares have migrated to the hands of investors, not traders.

     

    That may be a risky assumption.

     

    The average trade sizes are hanging in at the 10, 25 and 100-day averages, but we had a couple trades today that were at the extremes of what we commonly see. A “sell” of 39,373 @ $0.2520 within that early 95K I discussed, and a “buy” of 50K at $0.2540 at 11:07. If I take these two out of the calculation, our average trade size drops to 5,468, which would put the size near the low end of what we've been seeing and around 1.5K below the 10, 25 and 100-day averages.

     

    I'm not concerned because if the majority of the larger sellers are now out I would expect to see the average trade size start to trend a bit lower, especially if the retail buyers that “go large” are pretty much sated for now. I expect many potential buyers are awaiting both good news and positive price movements.

     

    On the traditional TA front, I have to laugh. To make sure I read this as accurately as possible, I started up the magnifier on the computer and AFAICT the closing price of $0.265 is a fraction more then 1/10th of a penny below the descending support line of the trading channel, apparently $0.266x. The price just doesn't want to break below, so far. The bad news is that now every oscillator is showing weakness and the prices have finally started a round of lower highs and lows again – three days in a row now. I'm waiting to see what happens in another day or two when any shares backing prior short sales will have flowed through the system. With the market-makers apparently doing covering buys regularly, we should start getting waves of price appreciation and depreciation as they manipulate our market to maximize their profits since (we hope) they don't have any big customers pressuring them to sell regardless of price.

     

    The “Dly Sht % of 'sells'” stuff from the instablog is omitted here.

     

    HardToLove
    1 Oct 2012, 07:17 PM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2479) | Send Message
     
    Interesting article on Daimler. They clearly have a strong investment in lithium ion batteries.

     

    http://bit.ly/O1uihT

     

    "To secure its pioneering role over the long term, Daimler acquired a 49.9 percent share in the Evonik subsidiary Li-Tec in 2008. The joint venture “Deutsche Accumotive GmbH & Co. KG” was also established, in which Daimler holds a 90 percent share. The aim of this cooperation is the development and production of lithium-ion batteries specifically designed for use on board road vehicles. As of 2012, Daimler will thus have at its disposal exclusive production capacities for advanced lithium-ion batteries, which can then be manufactured according to requirements for all automotive applications – from hybrid to electric automobiles, and for both passenger cars and commercial vehicles."
    1 Oct 2012, 10:47 PM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2479) | Send Message
     
    Going back to the Mercedes investment in a Li-ion battery manufacturer ... could this be what a strategic investment would look like?
    2 Oct 2012, 09:14 AM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    A couple recent examples of strategic deals are the investments that Toyota, Daimler and Panasonic made with Tesla. Toyota and Daimler were primarily interested in buying drivetrains. Panasonic was primarily interested in selling lithium-ion cells. None of them took an overwhelming ownership interest but each of them made a significant cash investment. The most important feature of the deals is that all of them are just sitting on the stock because their key motivation was an ongoing business relationship.
    2 Oct 2012, 09:43 AM Reply Like
  • wtblanchard
    , contributor
    Comments (2380) | Send Message
     
    Long! Eventually you get to this:

     

    "The disc-shaped electric motor is conveniently located in the torque converter housing between the engine and the 7G-TRONIC seven-speed automatic transmission. The compact unit also functions as a starter motor and generator. The hybrid module for example includes the ECO start-stop function. During braking, the electric motor functions as a generator and can recuperate kinetic energy. The energy recovered by this means is stored in a new high-voltage lithium-ion battery specially developed for automotive application. The major advantages of the lithium-ion battery over conventional batteries are its higher energy density and more favorable electrical efficiency despite its more compact dimensions and lower weight. The battery has an exceptionally high cycle stability – a service life of at least ten years is attainable under normal conditions of use."

     

    Noticed the "high voltage" phrase .... if that's key, then might the size benefits of lithium be a big plus? Cost? Well, does a Daimler buyer really mind?

     

    If our best niche is this class of car, I'm not sure we're a slam dunk. I suppose we might have a safety edge, but I don't have a feel for how (and at what expense) that might be mitigated by designers.
    2 Oct 2012, 10:50 AM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    Their lithium batteries are being used in HYBRIDS, not their simpler stop-start systems.
    2 Oct 2012, 11:02 AM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2479) | Send Message
     
    John,

     

    Not to parse language with you, but can't this language be read either way?

     

    "As of 2012, Daimler will thus have at its disposal exclusive production capacities for advanced lithium-ion batteries, which can then be manufactured according to requirements for all automotive applications – from hybrid to electric automobiles, and for both passenger cars and commercial vehicles."

     

    As a caveat, I initially began this line of investigation b/c of the recent references to trucking and the organizer of the SAE section that Axion is presenting at today. I want nothing more than to see Axion picked up in an auto/trucking application.
    2 Oct 2012, 11:17 AM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    Read the sentence. It speaks of "applications from hybrid to electric."

     

    I won't be surprised to see some carmakers go to lithium-ion batteries for their micro-hybrids, but there can't be a mass exodus because the manufacturing capacity for that many lithium-ion batteries doesn't exist and while I'm no big fan of lithium-ion batteries in electric cars, that's because I view electric cars as a waste of perfectly good batteries that could be doing something important.
    2 Oct 2012, 11:29 AM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2479) | Send Message
     
    Understood, but it also speaks of "all automotive applications . . . and for both passenger cars and commercial vehicles."

     

    I feel like their speaking out of both sides of their mouth.

     

    Either way, I am encouraged by what appears to be a new found awareness by Daimler of the PbC.
    2 Oct 2012, 11:57 AM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    I didn't see anything in the article that indicates Daimler is aware of the PbC, although frankly I'd be surprised if they weren't. I always like to be careful when it comes to new names because unsubstantiated rumors are rarely good for a company like Axion.
    2 Oct 2012, 12:07 PM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2479) | Send Message
     
    I was pointing to the organizers of the SAE section in which Axion is presenting today.

     

    http://bit.ly/R89S4R

     

    Battery and Energy Storage (CV404)
    Commercial vehicles need battery power to start the engine, supply demand when instantaneous demands of the alternator
    are exceeded, and, supply significant power during the 10 hours/day that a driver is not driving. Further challenges arise
    from anti-idling regulations, hybrid and electric vehicles, new load requirements.This session explores challenges and
    developments in battery chemistry, monitoring batteries, managing electrical power, quiescent current’s effects, battery maintenance.

     

    Organizers of this section:
    Paul Menig, Tech-I-M;

     

    Steve Nadig, Daimler - Director Mechatronics, Chassis, Drivetrain and Vocational Systems, Daimler Trucks North America

     

    There are only two oral presentations in this section. One from AVL Powertrain Engineering and one from Axion.
    2 Oct 2012, 12:13 PM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    I'm sorry for the misunderstanding. That's great news because Enders gives good presentation.
    2 Oct 2012, 12:20 PM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2479) | Send Message
     
    No worries. I think we heard an undercurrent from the annual meeting concerning trucking and this is one of the first independent clues I have found.
    2 Oct 2012, 12:25 PM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    I'd always assumed that the trucking reference was to a company named ePower Engine Systems that I sent to Axion a while back. They've built a series hybrid Class 8 tractor that uses a small (±200 hp) turbo-diesel and large string of (±50) lead acid batteries to power a pure electric drivetrain. ePower apparently had a world of problems with the string behavior of conventional lead-acid batteries and as far as I know they want to test the PbC. Since ePower is a small company one has to take their claims of 12-14 mpg with a grain of salt, but the CEO came highly recommended by a close personal friend and the concept is intriguing.
    2 Oct 2012, 12:46 PM Reply Like
  • Rick Krementz
    , contributor
    Comments (2162) | Send Message
     
    wtb, "high voltage" is not significant. All battery cells (including Li) are less than 4 volts. High voltage batteries string them in series, up to many hundreds of volts. Does not matter if Pb, Li, Ni, Zn, etc.
    2 Oct 2012, 01:09 PM Reply Like
  • D_Lane
    , contributor
    Comments (50) | Send Message
     
    I would love to hear of the PbC being tested in hybrid tractors . . .

     

    ePower has a website here: http://bit.ly/Wgr3V2
    As you say, their claims appear to be too good to be believed.
    2 Oct 2012, 07:56 PM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    They've agreed to sell a couple retrofits to a regional trucker who wants to be a guinea pig and is willing to accept the risk of failure. Their idea is pretty straightforward. The diesel genset is adequate for acceleration through about 25 mph and for steady state speeds of 60 mph, so the batteries are only used for acceleration from 25 to 60 and for hill climbing. I'd love to see a guy in his garage beat the big boys.
    2 Oct 2012, 11:36 PM Reply Like
  • D_Lane
    , contributor
    Comments (50) | Send Message
     
    If the retrofits will be PbC equipped, that is even more interesting.
    3 Oct 2012, 08:11 PM Reply Like
  • D-inv
    , contributor
    Comments (3881) | Send Message
     
    ePower's system description claims all components are off-the-shelf, proven gear. I see nothing on their site suggesting PbC batteries might be used.
    3 Oct 2012, 09:24 PM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    The last conversation I had was that they were going to do one with AGM and one with PbC, and let the batteries duke it out.
    3 Oct 2012, 11:53 PM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2479) | Send Message
     
    An interesting older article on the progression of start stop though the 2000s with the various manufacturers -

     

    http://bit.ly/QldqRI

     

    "Ford originally planned to launch a Fiesta equipped with an idle stop system in 2006, but postponed the launch because the system would boost the price by 500-700 Euros per unit. It is likely that Ford may install the system after the autumn of 2008, when Fiesta will have been fully remodeled."

     

    ■Valeo and Bosch supply simple and low-cost systems with no auxiliary power units (guess APU was proven to be necessary)

     

    Couple other interesting bits throughout ...
    2 Oct 2012, 12:29 AM Reply Like
  • Johhny rambo
    , contributor
    Comments (117) | Send Message
     
    I thought Canada and US had a pretty big rail system .
    Well I just got back from a 2 week trip to India, where every day of the year they transport 50 million people on their 14,000 trains.

     

    I have never experienced anything like it in my life !

     

    If only they had some money,and or environmental concerns, I could not even imagine the conversion rate to energy efficiency.

     

    None of this takes into account freight and cargo trains,no idea what that would look like, I am just counting passenger trains, WOW !
    2 Oct 2012, 01:14 AM Reply Like
  • Rick Krementz
    , contributor
    Comments (2162) | Send Message
     
    Yep, JR, the world is a big place. Next trip, try China - its train system is bigger and 100 years advanced over India (and at least 50 years advanced over the US).

     

    The mighty US is mighty provincial in many things. The US train system is an antique - the fastest Acela has slower NYC-DC times than 50 years ago. China built a 800 mile 200+ mph train for $32b, only double what the Boston "Big Dig" highway project (< 5 miles, 50 mph speed limit) cost.
    2 Oct 2012, 07:51 AM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2479) | Send Message
     
    Tim, this article is for you ...

     

    http://bloom.bg/PJbKR4
    2 Oct 2012, 01:17 AM Reply Like
  • Tim Enright
    , contributor
    Comments (1341) | Send Message
     
    Thanks. I thought it was funny that Daimler laid claims to the high numbers when it was the trailer that showed the biggest gains. The new truck had gains of only .6 (7.7-7.1) over the current model but the trailer had 1.6 (9.3-7.7).

     

    Still, I would be very interested in the tweaks they made to both...
    2 Oct 2012, 07:20 AM Reply Like
  • Futurist
    , contributor
    Comments (2124) | Send Message
     
    "Pulling a conventional trailer, the new model averaged 7.7 mpg, Achenbach said. A current Cascadia model pulling a commercially available trailer got 7.1 mpg on the route. The American Trucking Associations estimates current big rigs average about 6.5 mpg in real-world conditions. "

     

    OK, so $6,000 in engine and tractor aerodynamics gets a truck owner .6mpg savings.

     

    But if you buy the new aerodynamic trailer you save 4 mpg.

     

    I don't know what the trailer cost but if I'm a truck owner that is the thing I'm buying.
    2 Oct 2012, 07:34 AM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    I don't know, Does anyone find it odd that you can get that level of improvement out of an aerodynamic trailer and nobody has done anything that I can tell of other than the wind fairing on top of the rig.

     

    We just can't be that mentally challenged can we? I mean this number is mind numbing.
    2 Oct 2012, 07:51 AM Reply Like
  • metroneanderthal
    , contributor
    Comments (1498) | Send Message
     
    Agree iindelco,
    When looking for pictures of the new aerodynamic trailer came upon the 1935 Bowlus Road Chief caravan (camper trailer) that had aerodynamic principles and was shaped like an aircraft wing. Seems old Bowlus was way ahead of his time.
    http://bit.ly/VaQzgq
    2 Oct 2012, 08:30 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    Nice find Metro.
    2 Oct 2012, 08:39 AM Reply Like
  • H. T. Love
    , contributor
    Comments (17244) | Send Message
     
    Wow! I loved the interior shots!

     

    HardToLove
    2 Oct 2012, 08:43 AM Reply Like
  • SMaturin
    , contributor
    Comments (2096) | Send Message
     
    Iindelco,
    It looks like the aerodynamic changes are significant and were created in Daimler's wind tunnel. They also added smart systems to predict road conditions and optimize fuel use:

     

    "The optimized aerodynamic features on the new Cascadia Evolution were developed using Daimler Trucks North America’s proprietary, state-of-the-art wind tunnel – the only full-scale, OEM owned and operated wind tunnel for big rigs in North America. In addition, the truck was extensively tested on highways throughout the United States, and underwent almost three million miles in combined reliability and fuel economy testing. With new, standard features that seamlessly combine the Cascadia’s already sleek profile with enhanced aerodynamics, the Cascadia Evolution incorporates several frontal area updates designed to improve airflow and aerodynamics including a new air dam, bumper closure and a hood-to-bumper fill.

     

    "Cooling enhancements include a 1,400 square-inch radiator, which features a revised baffling system and new radiator mounting design that contribute to improved cooling capacity and increased durability. Also standard with the Cascadia Evolution is Freightliner’s proprietary Run Smart Predictive Cruise™ system. This innovative technology evaluates the road profile more than one mile in advance, determines the most efficient vehicle speed, and then adjusts the actual speed of the truck for maximum fuel efficiency."

     

    http://bit.ly/UDCTWu

     

    http://bit.ly/U6cfuI
    2 Oct 2012, 08:44 AM Reply Like
  • Tim Enright
    , contributor
    Comments (1341) | Send Message
     
    The aerodynamics of the tractor have been on the forefront for a long time so improvements come in small measures. Trailers outnumber tractors by a fair margin and are kept in service a long time.

     

    Most of the contracted freight requires X number of trailers to be on the shippers property at all times. The truck arrives at the shipper with an empty trailer and leaves with a full one. This is called drop and hook.

     

    The spot freight market is different because the freight is live loaded and unloaded. The truck arrives with an empty trailer and is loaded while while the truck waits.

     

    The numbers mentioned in the article for the trailer improvements match with the research that I have done. However, in the drop and hook scenario you can see why the bean counters might not be in a rush to retrofit all those trailers.

     

    The thing about testing in a wind tunnel is you only test for head winds. A far more resistive wind comes from the side because there is more surface area. Those box trailers with the skirting that runs the entire length of the trailer between the wheels works well in a head wind but not so good otherwise. A better solution is to skin the underside so as not to catch air and then direct the wind around the tandem axles in the last six feet. They also catch it on the backside of the tandems and redirect it up to break the suction that forms on the rear doors...
    2 Oct 2012, 09:20 AM Reply Like
  • wtblanchard
    , contributor
    Comments (2380) | Send Message
     
    Imagine redesigning trailers, but with intermodal constraints in mind ... in particular double-stacks.

     

    What percentage of trailers are intermodal?
    2 Oct 2012, 11:24 AM Reply Like
  • Stilldazed
    , contributor
    Comments (2093) | Send Message
     
    WT,
    Intermodal is done mostly with containers, all the double stacks you see on trains are containers (trailers don't get double stacked). Containers are lifted on and off a chassis ( a frame with the axle assemblies) to go onto or off the train. There are different sized containers and the chassis have sliding frames to expand to fit the container size as well as the axles sliding to make the weight road legal. Containers run on the road for generally short distances (usually 60 miles or less) to and from shippers and receivers from railheads and ports. If you include the containers from the ports and not just those used for domestic shipping there are millions of them. Intermodal has taken over the majority of long distance shipping, but if you want something across country fast and reliably it is sent by long haul truck. A load sent by train takes at least two days longer, a day to build and a day to disassemble the train plus any railhead switch over time (it is not unusual to take up to two weeks from the day shipped to the day received on a cross country load, a truck can make the same load in 3 to 5 days).
    2 Oct 2012, 01:24 PM Reply Like
  • Tim Enright
    , contributor
    Comments (1341) | Send Message
     
    I will add that we are seeing more containers on platform trailers (flatbeds and step decks) from/to shippers and receivers in all locations. If you ship something overseas put it in the container yourself and avoid the drayage fees.

     

    The aerodynamics of a container is pitiful! It's a brick only worse because of the corrugated sides and top. The loss is 1 mpg minimum...
    2 Oct 2012, 02:23 PM Reply Like
  • Rick Krementz
    , contributor
    Comments (2162) | Send Message
     
    Tim, I wonder if shrink-wrapping a container would improve its aerodynamics.
    2 Oct 2012, 02:32 PM Reply Like
  • Tim Enright
    , contributor
    Comments (1341) | Send Message
     
    I suspect so. I have given serious thought to throwing a set of 8' drop tarps on one...
    2 Oct 2012, 02:44 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    Well guys thanks. All that being said I'd bet a boat load that 4 MPG is an attention getter and something far less is real world. But your perspectives and links mean far more than my gut feel.

     

    Tim, We don't have all the numbers but 4 MPG with new trailers seems like it would offer a pretty good payback. Of coarse this all depends on how much Daimler wants to be rewarded for their efforts. And if it's aerodynamics, I'd expect knock offs pretty quickly. Seems like minor adjustments could get around any patent pretty quickly.
    2 Oct 2012, 02:58 PM Reply Like
  • Tim Enright
    , contributor
    Comments (1341) | Send Message
     
    iidelco, that would be a safe bet IMO. Real world is optimistically 1.5 mpg or roughly $15k a year. More than enough to make the mods and come out ahead if your tractor-trailer ratio is 1-to-1. If your ratio is 1-to-4 not so much...
    2 Oct 2012, 03:16 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    Understood Tim. So put em on the long haul heavy duty cycle routes first.

     

    Cherry pick. The tree's loaded.

     

    Nobody sells something as simple as shoes as a "One size fits all" solution. So don't do it with tech. either. A tool box is filled with tools for a reason. Master mechanics can play them like a fiddle. The smart salesmen and the smart operators will find the obvious places first.
    2 Oct 2012, 03:35 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    Metro, Neat.

     

    Lot's of focus on weight reduction and aerodynamics on the exterior, Then add a ton of stainless steel on the interior. Materials have come a long way. Maybe not for durability and ease of recycling but surely for weight and cost reduction.

     

    BTW, That trailer looked like it was for the stylin' set!
    2 Oct 2012, 08:42 AM Reply Like
  • D Lane
    , contributor
    Comments (1211) | Send Message
     
    Stop-start news: looks like a (small) win for Maxwell:
    http://bit.ly/QG8Grx
    2 Oct 2012, 09:38 AM Reply Like
  • metroneanderthal
    , contributor
    Comments (1498) | Send Message
     
    Interesting that a 5% fuel economy boost would be an issue for a car with a 700 hp motor and price tag to match.
    2 Oct 2012, 09:55 AM Reply Like
  • SMaturin
    , contributor
    Comments (2096) | Send Message
     
    Greener-than-thou bragging rights.
    2 Oct 2012, 09:57 AM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    I suspect the legal fees for the contract negotiations may exceed the future product revenue to Maxwell, but it's certainly a high profile win.
    2 Oct 2012, 10:04 AM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    Reminds me of the lithium ion SLI battery win awhile back in a Porsche. You can get a Swatch and it works just as well as a Rolex for telling time but there's no distinction in that. If you have the resources why not.

     

    But keep it in the proper perspective. Toys for boys and big ones at that.

     

    For the rest of us there is..........reality!

     

    PS I'm happy to feel blessed having access to the Swatch. And I'm really being serious.
    2 Oct 2012, 01:12 PM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    I can just imagine Ricco Suave saying to the blonde in the bar "Hey baby, ya wanna see my really tiny starter battery?"
    2 Oct 2012, 01:38 PM Reply Like
  • nakedjaybird
    , contributor
    Comments (2651) | Send Message
     
    Depends on the bar and how close it is to Axionistias.
    3 Oct 2012, 03:07 PM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    I just published a new article on TheStreet that will be the first in a series based on my ELBC presentation.

     

    http://bit.ly/U6zLHS
    2 Oct 2012, 10:06 AM Reply Like
  • CO3
    , contributor
    Comments (245) | Send Message
     
    JP: A glutton for punishment ??
    At least you'll be able to cut & paste your replies to the "comments" from previous answers on this blog ....

     

    Love the one from the guy using math to prove you wrong ....
    "On a cobalt equal basis, the model S is a cheaper way to save gas per dollar spent." Yikes .....
    2 Oct 2012, 03:21 PM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    Actually it will be a series of five or six articles. Tomorrow is recycling realities.
    2 Oct 2012, 03:23 PM Reply Like
  • timzinski
    , contributor
    Comments (81) | Send Message
     
    Interesting. Today Shai Agassi is ousted as CEO from Project Better Place, but he will stay on as a board member and shareholder.

     

    http://bit.ly/SAt0XI

     

    TimZ
    2 Oct 2012, 12:33 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    Interesting Tim.

     

    That's like voting out the Pope. Or worse yet St. Elon.

     

    He's been a lauded spokesperson for a long shot.
    2 Oct 2012, 02:15 PM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    That's usually the way things go. A visionary starts a company and promptly starts running into problems that ultimately lead to his ouster. I think he may have company on the unemployment line sometime in the next year.
    2 Oct 2012, 02:20 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    You know John you're right. Thanks for bringing me back to reality.
    2 Oct 2012, 02:37 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    Well, The air in the Axion trading room smells just a little different today. We'll wait for HTL's numbers but it just feels like the wind is shifting just a little. Too early to really tell but a subtle shift is better than what we've seen of late.
    2 Oct 2012, 12:44 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17244) | Send Message
     
    (AXPW) through 12:43
    # Trds: 64, MinTrSz: 139, MaxTrSz: 10000, Vol 96317, AvTrSz: 3567
    Min. Pr: 0.2610, Max Pr: 0.2750, VW Avg. Tr. Pr: 0.2711

     

    Through 12:29 ...

     

    # Buys, Shares: 17, VW Avg Buy Pr: 0.2714
    # Sells, Shares: 9, VW Avg Sell Pr: 0.2659
    Buy:Sell 4.21:1

     

    Yesterday's VWAP was $0.2596, so we've a nice little bump in that.

     

    As expected, volume has come down. I expect short sales absolute volume will, of course, but percentage is hard to judge. If trend holds, it ought to be a bit lower than yesterday's ~36%, but not in the absurd region.

     

    HardToLove
    EDIT: delayed stuff came in, buy:sell 5.65:1 now, buy VWAP $0.2720, sell $0.2662.
    2 Oct 2012, 12:59 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1498) | Send Message
     
    "The air in the Axion trading room smells just a little different today"
    It's probably my anti-dandruff shampoo.
    2 Oct 2012, 01:05 PM Reply Like
  • jakurtz
    , contributor
    Comments (1909) | Send Message
     
    So who is the numbnuts MM on .275 now?
    2 Oct 2012, 01:17 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    HTL. Thanks for the early afternoon traffic report. It does smell a little different.

     

    But it is hard to get a real sense of it over the.......... Is that shampoo? lol

     

    (Thanks for the laugh metro.)
    2 Oct 2012, 01:19 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17244) | Send Message
     
    JAK: FANC was there but ARCA jumped in with $0.273.

     

    There's been a reasonable amount of movement on the bid/ask MM positions today. On the ask, at various times, NITE, ATDF, ASCA, TEJS, like that. On the bid, less movement - Citadel seems to be the most frequent and longest-duration best bid.

     

    HardToLove
    CORRECTION: My ETrade Pro Level II froze up again - best ask right now is indeed $0.275 per Time & Sales and Watch list.
    2 Oct 2012, 01:28 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    Sniff sniff sniff. Can't quite figure out the full magnitude yet. Darn shampoo.

     

    Metro, Your humor is so often a breath of fresh air. Disregarding times spent walking under bridges!
    2 Oct 2012, 03:41 PM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (5804) | Send Message
     
    The lower the sp, the lower the offering price....
    2 Oct 2012, 01:39 PM Reply Like
  • billa_from_sf
    , contributor
    Comments (369) | Send Message
     
    I apologize for asking this question three times, but no one has noticed it yet and given me an answer. I apologize also for not being able to find the answer for myself.

     

    Does anyone know how operating temperature range for PbC batteries compares with the operating temperature range for AGM batteries?

     

    The reason I ask is that the Leaf EV, I believe it was, had problems in AZ because extreme heat was wearing out its batteries too fast.

     

    Assuming SS goes to AZ, a question in my mind is whether on a temperature basis, all other considerations aside, PbC has an advantage in extreme heat over AGM.

     

    Thanks.
    2 Oct 2012, 02:00 PM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    The PbC is a type of AGM battery, but it has fewer problems with heat than conventional AGM batteries which hold up pretty well.

     

    The problem with the Leaf has been a rapid permanent loss of battery capacity from heat damage.

     

    AGM batteries don't have comparable problems.
    2 Oct 2012, 02:06 PM Reply Like
  • Rick Krementz
    , contributor
    Comments (2162) | Send Message
     
    Billa, I am pretty sure (not know) that a PbC would be the same, or slightly better, than traditional lead AGM batteries. The PbC is an AGM (advanced glass mat); the difference is the PbC has one lead sheet replaced with an amorphous carbon sheet. The carbon should be less susceptible to heat damage than the lead it replaced.

     

    The Leaf does not use lead AGM batteries; it used lithium batteries. Very different chemistry, and much more susceptible to heat damage.

     

    Auto engineering is important. If the battery is placed in the engine compartment and gets really hot next to the manifold, all battery types suffer. Batteries now are often placed in cooler areas, such as under the back seats.
    2 Oct 2012, 02:13 PM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    The latest count on my ELBC presentation is 383 page views and 341 unique visitors for an average of 18 minutes and 40 seconds.
    2 Oct 2012, 03:25 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    It's premium content but you can get the message from one paragraph. Plus the vehicle is getting poor ratings because they launched it with too many software bugs. They should have listened to Paul Masson.

     

    http://bit.ly/wADLlv

     

    Fisker's Posawatz: Launch Plan ‘Overly Ambitious;’ Alliance, IPO Desired

     

    http://bit.ly/PURHjI

     

    Good luck with that IPO.
    2 Oct 2012, 03:25 PM Reply Like
  • carlosgaviria
    , contributor
    Comments (783) | Send Message
     
    Hi:
    S.O.S. I need 10,000 to buy and the Elephant escapes me!!!
    Good day.
    Carlos.
    2 Oct 2012, 03:40 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    Good luck Carlos - 15 minutes to go
    2 Oct 2012, 03:43 PM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    Whenever I think about elephant leftovers, I worry about that last ziploc bag hiding behind the mayonnaise jar.
    2 Oct 2012, 03:46 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    Please don't identify its contents for us.
    2 Oct 2012, 03:50 PM Reply Like
  • Occam's_Razor
    , contributor
    Comments (1137) | Send Message
     
    No te preocupes, Carlos.... manana es otro dia!!
    2 Oct 2012, 04:03 PM Reply Like
  • carlosgaviria
    , contributor
    Comments (783) | Send Message
     
    Occam:
    Muy dificil!!!
    Two days chasing the elephant (0.25/0.26/0.275) and I could not catch. Tomorrow started strongly, only need 10K more.
    Have a godd night.
    Carlos.
    2 Oct 2012, 04:11 PM Reply Like
  • carlosgaviria
    , contributor
    Comments (783) | Send Message
     
    Glo, glo, glo!!!!
    2 Oct 2012, 03:45 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    Where's a market order for 100,000 when you need it at 3:58? - LOL

     

    (not me this time... someone else's turn...)
    2 Oct 2012, 03:48 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    20,000 more anyone?...
    2 Oct 2012, 03:54 PM Reply Like
  • Occam's_Razor
    , contributor
    Comments (1137) | Send Message
     
    I'll take my turn... thank you very much!
    2 Oct 2012, 03:56 PM Reply Like
  • SimpleInstrument
    , contributor
    Comments (79) | Send Message
     
    I was talking with a friend about executing x number of shares at about 1430; this guy is looking at the volume and gets this cute doctor evil finger thing going and states “think I'll buy a million shares”. Who knows; his business isn't my business... even among friends. I'll now add for awhile; until I see how things pan out on one segment.
    5 Oct 2012, 12:18 AM Reply Like
  • Occam's_Razor
    , contributor
    Comments (1137) | Send Message
     
    Just accumulated my last tidbits (for now, anyway)... this thing is going higher!

     

    I'll go on the record and call the bottom in AXPW, yesterday.
    2 Oct 2012, 03:53 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    Nice work OR.
    2 Oct 2012, 04:01 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    Okay HTL... what the heck happened in the last 15 minutes of trading? That was nuts.
    2 Oct 2012, 04:00 PM Reply Like
  • bangwhiz
    , contributor
    Comments (2235) | Send Message
     
    Does someone know something we don't?
    2 Oct 2012, 04:13 PM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    That was an interesting 15 minutes. Another couple days like this and we may have us a rodeo.
    2 Oct 2012, 04:13 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17244) | Send Message
     
    Jon: my guess is MMs accumulating all day(s) long to satisfy a decent buy order or two: saw 150K go @ $0.298, 30K $0.289, 34.6K $0.285, 40.2K $0.2725.

     

    I suspect larger, but they were in parts. Temporal proximity and similar price makes me think there were more larger ones.

     

    A little after 17:30, when shorts become available and I've looked at stuff, maybe I'll have a better guess.

     

    Keep in mind that MMs, for big clients, can spend days moving price down so they can then accumulate to fill a big order. That "Market Participants Guide", or whatever it's title is, that I linked some time back details this sort of stuff. In our case, if it was over days, the EOQ sellers did the work for them.

     

    We know that NITE has one or two big clients, as well as creditors now, don't we?

     

    No trades for 2:08 hrs/min and then the last 40 minutes 44 trades for 476K shares. roughly 79.6% of the day's total volume. So I think my guess is likely.

     

    I just hope it's not that *^#$%@#$ Special Sits or Blackrock.

     

    HardToLove
    2 Oct 2012, 04:31 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    Thanks HTL.

     

    I might need to order my own TFH soon, but I like your explanations.
    2 Oct 2012, 04:34 PM Reply Like
  • tripleblack
    , contributor
    Comments (13436) | Send Message
     
    HTL: I suspect it may well include Blackrock in the mix.
    2 Oct 2012, 04:40 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17244) | Send Message
     
    TB: I was figuring they might be there too, but I stll hope not because if they are starting to add again I assume they'll dump at some reasonable gain - what did JP mention? Roll your cash for +20% four or five times a year?

     

    I don't know they'll do that, of course, but it's one more stupid thing to have to think about.

     

    It would be nice to have a real market instead of a construct designed to hide everything.

     

    <*sigh*>

     

    HardToLove
    2 Oct 2012, 05:55 PM Reply Like
  • Occam's_Razor
    , contributor
    Comments (1137) | Send Message
     
    Thank goodness for dry powder when you need it! This is about to get fun again...
    2 Oct 2012, 04:01 PM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    We may be facing a sequel of the period starting 12-29-11 where the high, low,close data was as follows

     

    29-Dec-11, $0.30, $0.25, $0.27
    30-Dec-11 $0.28 $0.25 $0.27
    3-Jan-12 $0.31 $0.28 $0.30
    4-Jan-12 $0.33 $0.30 $0.32
    5-Jan-12 $0.40 $0.32 $0.39
    6-Jan-12 $0.45 $0.39 $0.41
    9-Jan-12 $0.44 $0.40 $0.43

     

    Once we see $.40, there's no calling the top.
    2 Oct 2012, 04:09 PM Reply Like
  • jakurtz
    , contributor
    Comments (1909) | Send Message
     
    As long as the newbies of the bunch don't pre-ejaculate their shares from the excitement of rising 20%.

     

    (hope that wasn't too colorful for some)
    2 Oct 2012, 04:12 PM Reply Like
  • bangwhiz
    , contributor
    Comments (2235) | Send Message
     
    If some people are fishing for minnows I don't give a crap.
    2 Oct 2012, 04:18 PM Reply Like
  • alsobirdman
    , contributor
    Comments (362) | Send Message
     
    HAHAHA. I was actually thinking "Honey, come in here quick, Axion just went up a couple cents"
    2 Oct 2012, 04:19 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17244) | Send Message
     
    ABM: It's hard to resist the thrill of a meteoric rise from the depths of $0.26, isn't it?

     

    I'm not ashamed to admit I get a charge out of it and feel excitement. Partly because, I guess, I keep myself so tightly reined in, when it's doing the opposite, so that I don't make decisions based on emotions.

     

    It's nice to just let go and holler YEE-HAW! :-))

     

    HardToLove
    2 Oct 2012, 04:41 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    Bang, There's nothing wrong with fishing for minnows for sure.

     

    I'm just hoping we're done with the big fishermen that bet their farm on "The Big One" and have given up trying. They have been packing their gear for what seems like a lifetime. I think it's a reasonable fishing spot from everything I've read but all the commotion associated with pulling up stakes has made fishing here less than gratifying for some time.

     

    Hopefully today was a sign that the last full sized camper is fully packed and backing out of the parking lot. Much more enjoyable seeing fishermen big and small coming and going with various catches and a stories about the big one they are gonna catch. Doesn't assure success but it's better than sitting down and flipping the coin and calling "knurl (sides)" month after month.

     

    And heck, If nothing else we thought we saw an above average fish today that didn't quite look like a bottom feeder. Not that there's anything wrong with that but a fresh face is nice for a change.
    2 Oct 2012, 05:09 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    Disciplined momentum traders require at least three days of trading in the same direction for confirmation of a reversal.

     

    It was a nice 15 minutes, but we're still in the woods trading at less than 20% off our all-time lows.

     

    We're in bottom-feeder territory until somewhere in the mid .30s.

     

    There's still time to pick up cheap shares here, and there's still a lot of room to go up to the heights that some folks are waiting for (as confirmation) to buy back in or buy more.
    2 Oct 2012, 05:20 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    Jon, Understood. But we're in the approximate range of when we thought we'd have traded enough volume to offer an exit for those seeking such at what we feel are unreasonable prices. Days like today just help to ensure they can conclude their exit and we can start seeing more rational trading patterns.

     

    Don't care too much about the momentum crowd. They are part of a stocks normal crowd. Having multiple players with high percentage holdings in a less than high liquidity stock and wanting out at any cost can happen but is not normal.

     

    I'm mostly excited for the change of seasons coming if not here.
    2 Oct 2012, 05:33 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    iindelco,

     

    Didn't want me such the damp rag. Just trying to maintain perspective. I figure we're about 35 points down at the start of the 2nd half of the championship game, and our goal is to win the SuperBowl. Today, we may have opened the 2nd half with a touchdown run, but there's still a long way to go win 2 games... not to mention all the distractions.

     

    Okay... reeling myself back in from wild analogies...

     

    I care a lot about the momentum crowd, they will add leverage to share price moves... (and I'd add more to that, but dinner's on...)
    2 Oct 2012, 07:01 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1498) | Send Message
     
    After the last several months of watching price falter and squealing like Ned Beatty on a canoe trip, am hoping that Burt Reynolds has finally shot arrows through the four hillbillies (Q, SS, Bancruptcy, and BR.) and am still being cautious in case somebody is still out there lurkin.
    2 Oct 2012, 07:17 PM Reply Like
  • CO3
    , contributor
    Comments (245) | Send Message
     
    Que Banjo ....
    Cut to SMILING Hillbilly ....

     

    Now that you've burned it into my mind,
    I'll remind you of that mental image when we're celebrating our riches Metro ....
    2 Oct 2012, 07:24 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    Jon, No problem for sure. I'm a realist. One blip does not make a trend.
    2 Oct 2012, 07:51 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    Metro, True story.

     

    Pulled up to a corner store in Canada about 15 years ago. Limo parked outside with a Playboy model for a chauffeur. Ran in to get drinks for the wife and kids quick for our drive back to the States. As I walk in there's ole Ned looking at something to buy. Put his head down so as not to be bugged. I got my drinks and departed after him. Got to the car and the wife was excited and asked if I said anything. Explained the head down moment and said "Don't worry. I did't squeal on him." Wasted. I don't think she watched the whole movie if any of it. Not a woman's thing.

     

    Man if I was with a group of buddies and I had that opportunity we'd be bringing that up forever! :)
    2 Oct 2012, 08:16 PM Reply Like
  • Occam's_Razor
    , contributor
    Comments (1137) | Send Message
     
    Liquididty was strong into the close. I suspect MMs were manoevering.
    I had no problem getting fills.
    2 Oct 2012, 04:18 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17244) | Send Message
     
    (AXPW): A little preliminary info about that surge.

     

    b4 surge: 119217, VWAP 0.2716, buy 99328 VWAP $0.2725, sell 19889 VWAP $0.2672
    Lst 40 m: 478579, VWAP 0.2913, buy 343840 VWAP $0.2937, sell 134739 VWAP $0.2849

     

    HardToLove
    2 Oct 2012, 05:32 PM Reply Like
  • dastar
    , contributor
    Comments (228) | Send Message
     
    I haven't seen any AH trades lately. Wondering if Quecrus is about done....
    2 Oct 2012, 06:11 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17244) | Send Message
     
    Dastar: we had a couple rinky-dink out-of-hours: 5K pre-market and 5,057 AH 9/28. But they didn't look like they were Quercus related to me.

     

    HardToLove
    2 Oct 2012, 07:48 PM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    >Dastar: Based on the assumptions that Quercus (1) started selling again on September 12th when the 10% AH trades started showing up, and (2) that they've stuck to their historical pattern of selling just a hair less than 10% of daily volume, I've calculated that their net remaining position is about 150,000 shares.
    2 Oct 2012, 11:47 PM Reply Like
  • jpau
    , contributor
    Comments (714) | Send Message
     
    Do their warrants expire next year?
    3 Oct 2012, 08:37 AM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    The Quercus warrants are exercisable at $.75 and expire in three tranches:

     

    2,857,143 warrants expire January 13, 2013;
    2,380,953 warrants expire April 6, 2013; and
    4,761,905 warrants expire June 29, 2013

     

    Since warrant exercise price of $.75 has to be paid to Axion in cash on the exercise date and the underlying shares have not been registered under the Securities Act, the only practicable way for Quercus to exercise the warrants will be in some form of registered back to back offering through an underwriter. Under the circumstances, the warrant shares are not likely to pressure the market like Quercus' original common shares did.
    3 Oct 2012, 08:56 AM Reply Like
  • jpau
    , contributor
    Comments (714) | Send Message
     
    if by some miracle the share price should get to a dollar, would that make it worthwhile for Quercus to exercise? If so, wold that work out to $6mil give or take for Axion?
    3 Oct 2012, 12:26 PM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    The proceeds to Axion from a full exercise would be $7.5 million.

     

    If the stock price was only $1, the proceeds from a deal would go $7.5 million to Axion and $2.5 million, less costs, to Quercus. That strikes me as a pretty difficult deal to justify. As the price goes north of $1, it gets increasingly interesting to Quercus because each additional $.25 on the stock price would be another $2.5 million to them.
    3 Oct 2012, 12:46 PM Reply Like
  • SMaturin
    , contributor
    Comments (2096) | Send Message
     
    We Need A Dollar!

     

    http://bit.ly/Pwu9iA
    3 Oct 2012, 01:45 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17244) | Send Message
     
    SMaturin: That was beautiful.

     

    HardToLove
    3 Oct 2012, 01:54 PM Reply Like
  • jakurtz
    , contributor
    Comments (1909) | Send Message
     
    Thought you would like this JP. "Italians buy more bikes than cars for the first time in 50 years"

     

    http://on.mktw.net/SwWhXt
    2 Oct 2012, 07:00 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    Anyone have an Idea what Skoda is up to?

     

    Seems like LAB's of some form but the blog is implying perhaps some added device under the seat in the passenger compartment. Maybe one of those Russian NiC asymmetric supercap/battery hybrids? Or one of the posters found one of Putin's KGB mandated devices?

     

    'Green' Fabia goes on and on

     

    http://bit.ly/SwZEOd

     

    Stop and start - effect on battery life etc

     

    http://bit.ly/WgrcI0
    2 Oct 2012, 07:57 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    Not that its that helpful, but Skoda is owned by Volkswagen group.

     

    Skoda cars are getting much better over the years. Of course, my wife is Czech and Skodas are what we often get when we rent a car while visiting family.
    2 Oct 2012, 08:03 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4152) | Send Message
     
    I should add, if you find something to read in Czech... we can get it read if it seems handy.
    2 Oct 2012, 08:05 PM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    Jon. Thanks. That's new to me and very helpful. Generally strategies are pretty consistent within industrial groups for obvious reasons. And yes. I can see where Skoda;s inclusion in the VW family would have advanced their tech a little from the Soviet era.

     

    Thanks for the translation offer.
    2 Oct 2012, 08:23 PM Reply Like
  • Renzo
    , contributor
    Comments (349) | Send Message
     
    I emailed Dr. Dickinson about the discrepancy between the SAE paper text and Figure 8 legend.

     

    He responded that the data points are now up to 22 and 18 weeks for the two PbC and AGM batteries and that the data should be updated soon.

     

    Apparently the difference between the PbC batteries and the AGM continues to grow. I'll look forward to seeing the updated data.
    2 Oct 2012, 09:04 PM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2479) | Send Message
     
    Interesting commentary from an EV website discussing the challenge that stop/start may or may not pose to EVs.

     

    JP is cited ...

     

    http://bit.ly/SxgQmT
    3 Oct 2012, 12:06 AM Reply Like
  • John Petersen
    , contributor
    Comments (29433) | Send Message
     
    What most commenters don't get is that stop-start is being forced by emissions and fuel economy regulations rather than consumer choice.
    3 Oct 2012, 12:15 AM Reply Like
  • Stilldazed
    , contributor
    Comments (2093) | Send Message
     
    Stefan,
    From the spelling of some words, this article was written by a non American English speaker. Their view of stop/start may not tally with the American view about EPA requirements and regulations.
    3 Oct 2012, 12:29 AM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2479) | Send Message
     
    SD - I think your right. I don't think it's a correct view, I just thought some of the points were interesting. For example, for the people whose "green in their wallets is worth more than the green in their ideology" but still profess a desire to be green - stop/start could be a cheap alternative.

     

    He mostly set them up as strawmen to give up a couple points so he could come to his final conclusion.
    3 Oct 2012, 12:39 AM Reply Like
  • Stilldazed
    , contributor
    Comments (2093) | Send Message
     
    Arggh,
    After I posted I saw that JP had answered in a much more economical and to the point fashion than I had.
    3 Oct 2012, 12:40 AM Reply Like
  • iindelco
    , contributor
    Comments (8751) | Send Message
     
    Stefan, Well that was a very interesting read. The author tried to take a very broad swipe at the topic and compress it into an article where the audience had to be thinking, What? I mean, I can fill in the gaps based on having read a little on the topic. Can you imagine understanding zero about the topic and walking away with any value from the read. I see no bias in the article just compression that would never work.

     

    Example: A description of how nuclear fusion really works in 50 pages of an article and no more than eight letter words. Plus possible applications.
    3 Oct 2012, 01:08 AM Reply Like
  • Axion Power Host
    , contributor
    Comments (425) | Send Message
     
    Author’s reply » ..
    AAAAA VVVVV AAAAA VVVVV
    VVVVV AAAAA VVVVV AAAAA

     

    New concentrator available.

     

    http://seekingalpha.co...

     

    VVVVV AAAAA VVVVV AAAAA
    AAAAA VVVVV AAAAA VVVVV
    3 Oct 2012, 07:09 AM Reply Like
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