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  • John Petersen
    , contributor
    Comments (29573) | Send Message
     
    I was drafting the following comment when APH put up this new Concentrator. Since the numbers are important, I'm going to repost the comment here and trust that everyone will forgive the duplicative spam.

     

    "I thought it might be helpful to clarify some of my thoughts on when the PIPErs might run out of stock. My workbook from early February estimated the total number of shares remaining to be sold by Parsoon at 4.6 million and the total number of shares remaining to be sold by the PIPErs as a group at 23.1 million. At that point I made two heroic assumptions that seem reasonable but could be wrong.

     

    First I assumed that Parsoon was the most aggressive PIPE investor and that they'd do almost anything to get their 15% of daily volume. If that assumption is accurate, then it would take a total of 30.9 million shares of cumulative trading for 15% to exceed 4.6 million shares.

     

    By my count, cumulative trading from January 29th stands at 36.6 million shares this morning. So I think the odds are pretty good that Parsoon has left the building and we only have three remaining PIPE investors.

     

    My second assumption is fuzzier. I believe the PIPE investors drove the price down into the $.10 range because they wanted to force everybody else away from the pay window with pricing that was too ugly for anybody who wasn't desperate to sell and didn't have the ability to get a larger number of shares for the same amount of money. They basically wanted to put themselves in a position where they didn't have to compete with other sellers except for each other. While I don't believe its possible for any seller to account for 100% of sell-side volume, it would not surprise me to learn that the PIPErs represented 80% to 90% of all sell-side volume for the last several months.

     

    If one assumes that the PIPErs represent 80% of sell-side volume, or 40% of all reported volume, it will take 57.8 million shares of cumulative trading from January 28th to take them out completely. At 90% of sell-side volume, or 45% of all reported volume, the number would be 51.4 million.

     

    As I noted earlier, we're currently at 36.6 million since January 28th, so I think its almost certain that the PIPErs will be out before end of the month."

     

    The Excel Workbook is here: http://bit.ly/1bkFygB
    5 Mar, 06:04 AM Reply Like
  • bazooooka
    , contributor
    Comments (2353) | Send Message
     
    Heck if we can do a few million today and the rest of the week and maybe do 10-15M shares next week - then this one might be put to bed by mid month (under the most optimistic case).

     

    Dare we dream a double digit percentage pps rise is near?
    5 Mar, 06:12 AM Reply Like
  • John Petersen
    , contributor
    Comments (29573) | Send Message
     
    If I'm right about the PIPErs strategy of preempting the bid and forcing everybody else away from the pay window we could see a triple digit percentage over a few days.

     

    The big unknown for me is "How will the base behave?" We will almost certainly have some percentage of the investors who bought over the last couple months flip out when they have a nice gain from a dime. We will also have some longer term holders who will want to exit when they're even. I *think* that most who have bought over the last four years despite the price chart from hell won't be happy until they have a multi-bagger on their entry price. I also *think* that an improving price will cause some investors who currently consider themselves overweight to change their opinions and decide they're really underweight. I have no earthly idea what the relative percentages in each class will be and that's why the next few months will be a priceless education for me.
    5 Mar, 06:15 AM Reply Like
  • bazooooka
    , contributor
    Comments (2353) | Send Message
     
    Well we got the double digits I was hoping for. =) Maybe add another nickel 2moro and some people will have a quick double of those 9 cent buys not long back. Good call so far.
    5 Mar, 04:24 PM Reply Like
  • danpm4life
    , contributor
    Comments (87) | Send Message
     
    Just to add to the complexity to JP's % stock sales calculations, it took me 44 trades to build up my 500k + position to get to an avg $0.188 cost per share. The highest price I paid was $0.42 a share & lowest price paid was $0.0921. The bottom fisher that I am, I will leave in my 25k order @ $0.856, even though I now no longer believe HTL's assertion that we would hit the mid-8's.

     

    When I checked AXPW's mid-day pricing, 24 of my trades are now positive.
    When the AXPW share price hits my desired multi-bagger price targets, I plan to exit in a similar staged manner. However, because I'm sold on the disruptive nature of the PbC, & if AXPW is able to convert multiple market RFP's into recurring sales, I will be keeping and perhaps adding to a core holding to watch this baby mature.
    6 Mar, 03:35 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17304) | Send Message
     
    Dan: You missed my post that my belief we would NOT hit the $0.08xx near-term got a big boost?

     

    For several days, starting last week I said market had been positioned to go higher by those who can position it thus.

     

    Don't snooze sir! ;-))

     

    HardToLove
    6 Mar, 04:08 PM Reply Like
  • danpm4life
    , contributor
    Comments (87) | Send Message
     
    HTL, guilty as charged. These posts have been filling up so quickly of late that I'm doing more skimming than reading. Easy to miss not when it's NOT capitalized!

     

    Keep up the great effort. Your #'s & commentary, along with JP's pipers sales #'s have helped keep some perspective during the past 2 + years I've been watching AXPW & this concentrator.
    6 Mar, 06:42 PM Reply Like
  • renim
    , contributor
    Comments (1047) | Send Message
     
    looks like automotive Ultrabattery is now for sale
    http://bit.ly/OZMBHr
    drop in replacement for current single battery, idle stop batteries
    5 Mar, 06:43 AM Reply Like
  • John Petersen
    , contributor
    Comments (29573) | Send Message
     
    I believe Furukawa's license to make the Ultrabattery for use in automotive applications is limited to Japan and Thailand while East Penn's license covers the rest of the automotive world.

     

    If you visit the Ultrabattery website and click on FAQs, you'll find the following:

     

    "Can the UltraBattery replace regular car batteries?

     

    No. UltraBattery® are only suitable for use in high-rate Partial State of Charge applications, such as for hybrid electric vehicles."

     

    http://bit.ly/1jR2zh3
    5 Mar, 06:50 AM Reply Like
  • Mr Investor
    , contributor
    Comments (2511) | Send Message
     
    JP, interesting. If true, then Kia would have to do biz w/ E Penn if Kia wanted to use the UB for world mkts, which I can't imagine they won't. Since u have mentioned ur conversation w/ EP's leader at the ELABC where you concluded EP does not want to pursue auto OEM, either EP has changed its mind (a lot can happen in over a year) or Kiawill not be using the UB.
    5 Mar, 08:27 AM Reply Like
  • John Petersen
    , contributor
    Comments (29573) | Send Message
     
    East Penn is a family company and that makes its management team pretty conservative. They've kept all their manufacturing in Lyons Station, PA and focused on high margin products instead of trying to compete in the OEM market with the likes of JCI and Exide. When I spoke with their chairman at the ELBC she explained that their primary interest at the time was stationary and they were taking a "go slow" approach because they didn't want to expose the family to the risk of a "big mistake." While Sally could have been hiding the ball, she was pretty forthright in saying that they thought stationary was a better opportunity for the Ultrabattery than automotive. Under the circumstances I don't think the Ultrabattery is a lead contender for the KIA business.
    5 Mar, 08:38 AM Reply Like
  • renim
    , contributor
    Comments (1047) | Send Message
     
    if you visit furukawa ultrabattery website it says

     

    "エンジン始動のたびにバッテリーは多大な電力...

     

    Battery could consume a great deal of power to each of the engine start-up. Further, charging would be controlled during travel

     

    ...engine start-up....

     

    These are for Japanese idlestop cars.

     

    for example, the ECHNO IS UltraBattery Q-85 is a drop in replacement for the Q-85 battery used in Mitsubishi Mirage http://bit.ly/1mV5GcH Mitsubishi Mirage is a 1 battery idlestop car.
    5 Mar, 08:56 AM Reply Like
  • dlmca
    , contributor
    Comments (337) | Send Message
     
    JP

     

    Thanks for your very useful post

     

    We are all looking forward to the "priceless education"

     

    Anyone have a date for the next CC and when TG has to again face the music? It usually leads to some positive news to keep us civil
    5 Mar, 07:02 AM Reply Like
  • John Petersen
    , contributor
    Comments (29573) | Send Message
     
    Since this year's Form 10-K is due on March 31st, I'd look for a conference call on either the 31st or the 1st.
    5 Mar, 07:14 AM Reply Like
  • jveal
    , contributor
    Comments (673) | Send Message
     
    From end of last concentrator

     

    Axion Power Names Veteran Trucking Industry Executive Dr. James A. Smith as Special Consultant

     

    http://bit.ly/1mV1M3l
    5 Mar, 08:28 AM Reply Like
  • John Petersen
    , contributor
    Comments (29573) | Send Message
     
    Dr. Smith has been a good friend to Axion for a long time. Most recently, he jumped in with $200,000 last May when Axion needed to place $1 million of subordinated debt to make the PIPE deal come together. Jim made his living as a doctor but he grew up in a trucking family and has been actively engaged in the heavy hauling end of the business for decades. I look forward to working with him.
    5 Mar, 08:42 AM Reply Like
  • Retired Aviator
    , contributor
    Comments (1468) | Send Message
     
    With his $200k converting into shares (prob at 26c) that makes him a sizable common shareholder of at least 750,000 shares, which I like. He's deep in a hole on the shares that haven't even converted yet so he'll definitely be motivated to get the pps a lot higher than 26 cents.
    5 Mar, 09:31 AM Reply Like
  • D. McHattie
    , contributor
    Comments (1826) | Send Message
     
    He looks like he's an Axionista at heart.

     

    I wonder if he's even getting paid or if he views his reward as the pleasure of helping sheppard this project to fruition.

     

    Given the recent $200k that he contributed, even if he's being paid, it's kinda like he's paying himself anyway.

     

    D
    5 Mar, 09:36 AM Reply Like
  • John Petersen
    , contributor
    Comments (29573) | Send Message
     
    Dr. Smith was a member of the "founders group" that created Axion and bought shares in the same price range I did. As I said he's been a very good friend of the company for over a decade.
    5 Mar, 09:51 AM Reply Like
  • ARGE
    , contributor
    Comments (730) | Send Message
     
    I would have like to have seen another reference besides ePower, something as simple as, "and other projects in the trucking industry".
    5 Mar, 11:29 AM Reply Like
  • RuggedDC
    , contributor
    Comments (183) | Send Message
     
    I am curious as to what tangible efforts Dr. Smith's appointment will bring to the mix.

     

    What is to be gained by Axion by adding an additional level of executive to the ePower relationship. Conversely, what about the ePower relationship suggests an extra executive is needed.

     

    I think it's "nice" that Axion originator Dr. Smith is brought back closer to the company, but I really don't grasp how there's a role that needed to be filled.

     

    JP, do you know if it's still Buffalo where Dr. Smith is currently based?
    5 Mar, 12:52 PM Reply Like
  • RuggedDC
    , contributor
    Comments (183) | Send Message
     
    ARGE,
    I had exactly the same reaction, and was disappointed to see the function thus _constrained_ to the ePower relationship.
    5 Mar, 12:56 PM Reply Like
  • John Petersen
    , contributor
    Comments (29573) | Send Message
     
    I think Smitty will add a lot to the mix. He grew up in a trucking family that hauled heavy freight between the US and Canada and grew up working on diesel engines and learning the trucking business from the inside. He ultimately decided that scalpels were lighter than wrenches and paid better to boot, but his high level participation in the industry didn't stop until they sold the family company in 2005. Now that he's retired and living in warmer climes, he's learned that playing golf just isn't that exciting. My understanding of the relationship is that Jim will be working with ePower to help develop markets for batteries manufactured by Axion. The network he's developed over 40+ years in the business and his hands-on experience with running a respectable fleet should be very valuable to both companies.

     

    More than anything else, Axion needs a visible path to revenue growth instead of paths that are wrapped in the soundproof black canvas of NDAs. ePower fits the bill nicely because we want the exposure even more than Axion does. Symbiosis is a wonderful thing!
    5 Mar, 01:03 PM Reply Like
  • D-inv
    , contributor
    Comments (3935) | Send Message
     
    Different eyes see different things. The PR reads, "... Dr. James A. Smith has been named a special consultant to the Company and liaison to ePower Engine Systems,...."

     

    To me that language means Dr. Smith has been engaged to give advice on developing trucking markets generally as well as liase with ePower and their marketing efforts.
    5 Mar, 02:29 PM Reply Like
  • nogoodslacker
    , contributor
    Comments (871) | Send Message
     
    Is he going to be an Axion employee, or just a consultant? I thought the latter.
    5 Mar, 02:43 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17304) | Send Message
     
    03/04/2014: EOD stuff partially copied from the blog (up now).
    # Trds: 196, MinTrSz: 37, MaxTrSz: 67500, Vol: 2651888, AvTrSz: 13530
    Min. Pr: 0.0950, Max Pr: 0.1010, VW Avg. Tr. Pr: 0.0977
    # Buys, Shares: 76 787884, VW Avg Buy Pr: 0.0987
    # Sells, Shares: 118 1839304, VW Avg Sell Pr: 0.0972
    # Unkn, Shares: 2 24700, VW Avg Unk. Pr: 0.0972
    Buy:Sell 1:2.33 (29.71% "buys"), DlyShts 722847 (27.26%), Dly Sht % of 'sells' 39.30%

     

    On this hallowed day of new shares for the market, it was honored by abstinence by “late-day weakness” – a “fast” if you will. It is a wonder, is it not?

     

    The average of the lowest 20 VWAPs times 80% today is $0.0764 vs. $0.0764, $0.0766, $0.0767, $0.0768, $0.0768, $0.0769, $0.0772, $0.0775 and $0.0777 on prior days. 80% of today's VWAP is $0.0781 vs. $0.0774, $0.0779, $0.0773, $0.0770, $0.0749, $0.0742, $0.0752, $0.0763 and $0.0785 on prior days. These are potential prices for the next tranche of shares to the PIPErs.

     

    Today's low, high, VWAP, trade volume, and daily short sales moved -0.21%, -3.81%, 0.93%, 243.32% and 335.40% respectively. Price spread today was 6.32% vs. 10.29%, 9.14%, 5.26%, 7.86%, 15.44%, 6.59%, 9.23%, 8.42% and 3.59% on prior days. ...

     

    On the traditional TA front, we had ... Add in that the low sat right on the newer short-term descending (former resistance) support, rather than trying to depart upward from it, and I'm even less bullish. Yes, we confirmed a break above it – but ...

     

    Recall I said “My expectation is that we'll ride atop that descending line, at best, for “a while”. But with new shares in the PIPErs' hands, I could be completely wrong about that and we could drop below it again quickly. A pull away above would surprise me”. With today's volume, it may not take long to find out “what's next”. The oscillators might be giving a clue ... or another “head fake”.

     

    ... Price is bumping its head on the 50-day SMA, today $0.1002, and my long-term descending resistance, ~$0.10 today. Both have been tested in the past and exhibited strength so I don't expect we'll move above them quickly.

     

    Larger trades (>= 15K) occurred on 56 of 196 trades, 28.57%. These 1,601,229 shares were 60.38% of days volume, and traded at a VWAP of $0.0976. 13 of these trades, 23.21%, were buys ...

     

    On the sell side ARCA looked more like normal traders or investors today. Regardless of that, the “sell” percentage continues to grow as “buy” percentage shrinks.

     

    In the non-traditional TA area, today's buy percentage, 29.7% was a big drop from 41.8%, 42.5%, ...

     

    The usual stats and additional thoughts are in the blog here.
    http://seekingalpha.co...

     

    HardToLove
    5 Mar, 08:31 AM Reply Like
  • greentongue
    , contributor
    Comments (753) | Send Message
     
    Having "Lead-Carbon" in the news can only be good. Especially since it is not linked to fires. ;)
    5 Mar, 08:44 AM Reply Like
  • Patrick Young
    , contributor
    Comments (985) | Send Message
     
    http://bit.ly/1mV68HF

     

    The writer of this article speculated that it is perhaps Axion Inside.
    5 Mar, 08:59 AM Reply Like
  • jveal
    , contributor
    Comments (673) | Send Message
     
    PY, good find. Great PR for Axion whether it is the battery chosen by Kia or not. Great expose on Li battery weakness.
    5 Mar, 09:18 AM Reply Like
  • nogoodslacker
    , contributor
    Comments (871) | Send Message
     
    They also mention it was designed in Germany, which seems like a positive indicator toward PbC. Not getting my hopes up yet, but that would be a huge win.
    5 Mar, 11:02 AM Reply Like
  • Mr Investor
    , contributor
    Comments (2511) | Send Message
     
    ngs, huge as in 75 cents to a dollar w/in a week. But, even though it looks like Kia won't be using the UB, and Axion has recently had a relationship with Hyundai/Kia, I'm still guessing that Kia goes cheapo if at all possible, at least for gen 1. Not sure who that'd be. I am unaware of a JCI lead-carbon. I think someone here mentioned Exide has one? Any of the other biggie suppliers?

     

    Certainly is confusing, though, as an argument can be made that it looks like their app will need a 48v battery that is very good at DCA for a long time, otherwise the user will notice some big bad things, like power drops and mileage drops. There may be no "cheapo s/s battery approach" that will work well enough. Nowhere to hide this time.

     

    Any Genesis sightings on the Axion-cam?
    5 Mar, 11:25 AM Reply Like
  • wtblanchard
    , contributor
    Comments (2389) | Send Message
     
    >Mr I>

     

    Here's my "dark horse:"

     

    Iindelco??? posted this link a while back referencing a "lead-carbon" battery, and also what appeared to be a pic of the PowerCube in a related link???

     

    http://bit.ly/1gToTWc

     

    Related About page:

     

    ShenZhen Kweight Technology Development Co.,Ltd is one of the earliest companies has years of experience in the R&D design, production and sales of maintanince-free VRLA battery,Deep cycle battery,Gel battery,Solar battery and UPS battery.
    Our company covers about 26000 square meters. Its comprehensive strength is getting closer with some world-class Level VRLA battery manufacturers after about 10 years’ development. By means of several times of large-scale technology improvement with some domestic and overseas professional organizations and relative companies, our product quality, technology and service can be rated as world-class level.

     

    We use the most advanced professional equipments to manufacture batteries and do quality control. And our annual production capacity is approx. 280 million Vah. Since establishment of our company, We actively promote the comprehensive quality control system, treat the quality of the products as company’s life. We have passed the ISO9001 Quality Management system, RoHS Environmental Management System, ENCE and American UL certificate etc.

     

    Our company owns a number of Technology patents, our main products all kinds of VRLA batteries for energy storage system, such as wind and solar energy. Covering large, medium and small different VRLA maintanience free batteries, over 300 varieties. They are widely used in a lot of different fields in domestic and overseas, such as Telecommunications, Power Station, UPS, EPS, Mobile Power Supply, Solar and Wind energy.

     

    ======================...

     

    I hate to be paranoid, and I know JP has made some comments about some reasonable security efforts/"environment" that he knew of, but I do occasionally wake up in a cold sweat from "The Chinese stole our secrets" dream ...
    5 Mar, 12:43 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2511) | Send Message
     
    WTB, I don't lose any sleep over that one at all. Way down my list of concerns.

     

    Production: Others can try to make a PbC, but a case has been made here that the proprietary manufacturing processes will be hard to duplicate.

     

    Sales: Then they have to effectively sell them. Kia would not be legally allowed to sell a non-Axion PbC anywhere that it violates an Axion patent. Like the US and at least some other big parts of the developed world.
    5 Mar, 12:52 PM Reply Like
  • Barood
    , contributor
    Comments (89) | Send Message
     
    Ngs,

     

    Why Germany would be indication toward pbc? What is the link?
    5 Mar, 07:51 PM Reply Like
  • mrholty
    , contributor
    Comments (824) | Send Message
     
    A long time ago some sleuthing showed that a shipment occured from a independent battery testing company in Germany back to axion.

     

    The weight was consistent with a small amount of batteries that would be used to be verified the specs/production quality whatever. Due to its location in Germany we almost all assumed it was being done on behalf of BMW. The only concern (which was brought forward by a battery expert (Ed Buiel) was the weight didn't fit for a traditional PBC battery but instead for an normal AGM battery.

     

    With the additional article on the Kia setup stating that this came from their R&D lab in Germany it could have been for them.

     

    I'd love to get Mr. Buiel's take on this Kia setup.
    5 Mar, 08:11 PM Reply Like
  • tripleblack
    , contributor
    Comments (13444) | Send Message
     
    I wonder how the weight would jibe with a 48v setup...
    6 Mar, 07:59 AM Reply Like
  • John Petersen
    , contributor
    Comments (29573) | Send Message
     
    An AGM battery in the European L5 case size weighs about 60 pounds while a comparably sized PbC weighs about 42 pounds. The reason I picked L5 case size is that Axion owns the molds to build both 12-volt and 16-volt L5s. If you used three 16-volt L5s to assemble a 48-volt system, the weight would be 126 pounds vs 60 pounds for a conventional 12-volt system with a single L5 battery. So you're basically doubling the battery weight for four times the power. With that kind of a power system, I don't see any reason to believe that a supplemental starter battery would be required.
    6 Mar, 08:13 AM Reply Like
  • tripleblack
    , contributor
    Comments (13444) | Send Message
     
    Thanks JP. That makes sense. Now I wonder how that sort of thing jibes with the original shipping weight we were looking at from the testing in Germany...
    6 Mar, 08:14 AM Reply Like
  • John Petersen
    , contributor
    Comments (29573) | Send Message
     
    Ed Buiel said that the weight of the German shipment we found did not fit the PbC. It's one thing to figure out what a hypothetical system might weigh and another to force a specific data point into that hypothesis.
    6 Mar, 08:47 AM Reply Like
  • nogoodslacker
    , contributor
    Comments (871) | Send Message
     
    Because they have business relationship with BMW, which supposedly introduced the to a European manufacturer to be a second supplier of PbC batteries. Based on that, I assume they are known within German auto design community.
    6 Mar, 08:56 AM Reply Like
  • carlosgaviria
    , contributor
    Comments (785) | Send Message
     
    Hi. Mr John:

     

    I have a question:

     

    You write: "An AGM battery in the European L5 case size weighs about 60 pounds" to: 12 volt., 16 volt. or 48 volt?

     

    If is 12 volt.: 4x60=240 pounds. (48 volt.)

     

    Saludos-Carlos
    6 Mar, 09:05 AM Reply Like
  • tripleblack
    , contributor
    Comments (13444) | Send Message
     
    Of course. As I recall the data point the original conversation hung from was the assumption that 12v batteries were being tested, and some division into the total weight would yield an indication as to what sort of batteries. Change the case size and nature of the batteries, and the idea that Axion was shipping traditional AGM batteries to Germany for testing (which always seemed possible but odd to me) might be wrong.

     

    All eaten up with hypotheticals, the whole affair, but interesting all the same.
    6 Mar, 09:08 AM Reply Like
  • iindelco
    , contributor
    Comments (8856) | Send Message
     
    IIRC Dr. Buiel also indicated that Combatec, who returned a shipment to Axion on 2/19 last year, would not be able to test a PbC battery as they only have facilities to test standard LABs.
    6 Mar, 09:10 AM Reply Like
  • John Petersen
    , contributor
    Comments (29573) | Send Message
     
    The PbC uses lead-acid chemistry, but it behaves very differently from flooded and AGM batteries because each cell is part battery and part supercapacitor. Because of the differences in the way the PbC behaves, one of the first steps in a development relationship with BMW would be introductions to the companies that make electrical system components for BMW like Bosch, Valeo and others. While the work with BMW and the introduction to another battery manufacturer might not raise general awareness of the PbC in the automotive design community, the introductions to electrical system component suppliers most certainly would.

     

    In earlier conference calls TG said that a first tier electrical component supplier had joined Axion's Phase II SBIR grant application as a partner. While the copy one of the Axionistas got under the FOIA was heavily redacted and didn't identify the partner, the odds are very high that it was a Bosch or Valeo class supplier. The bottom line is that the people in the auto industry who need to know what the PbC can do understand its strengths and weaknesses very well.
    6 Mar, 09:11 AM Reply Like
  • Ranma
    , contributor
    Comments (1419) | Send Message
     
    I recall the weight being the factor, but don't recall any facility issue. Anyone else?

     

    Isn't the testing process the same for PbC and LAB? Run a bunch of cycles of discharge and recharge?
    6 Mar, 09:12 AM Reply Like
  • tripleblack
    , contributor
    Comments (13444) | Send Message
     
    Dr. Ed might have been talking about the lab's lack of the knowledge base or gear to do a full tear down and analysis post testing (something which is normally done for these affairs). In that case, the batteries would have to be wrapped up and shipped to somewhere they COULD be torn down and examined...
    6 Mar, 09:15 AM Reply Like
  • Ranma
    , contributor
    Comments (1419) | Send Message
     
    The batteries were shipped back to Axion... I find the suggestion by Dr. Buiel that they were AGM batteries extremely odd if not cynical.
    6 Mar, 09:21 AM Reply Like
  • John Petersen
    , contributor
    Comments (29573) | Send Message
     
    When Axion makes a 16-volt battery they don't change the external dimensions of the battery case so a 16-volt L5 has exactly the same dimensions as a 12-volt L5.

     

    The thing that makes the difference between a 12-volt and a 16-volt battery is the number of cells inside the case and the number of electrodes in each cell. In the simple case of a 12-volt battery with a 6" x 12" footprint, each of the six cells inside the case would be 6" x 2" and have a total of 12 electrode plates. For a 16-volt battery you mold two more dividers into the case, reduce the cell size to 6" x 1.5" and reduce the number of electrodes in each cell from 12 to 8. The size and weight don't change, but the battery has higher power.
    6 Mar, 09:25 AM Reply Like
  • Mayascribe
    , contributor
    Comments (9598) | Send Message
     
    JP: When you say, "...owns the molds," are you speaking of the battery casings?
    6 Mar, 09:57 AM Reply Like
  • John Petersen
    , contributor
    Comments (29573) | Send Message
     
    Battery cases are injection molded plastic. While there are companies that sell standard sized cases with six cells for 12-volt batteries, you have to order custom molds if you want a standard size case that's separated into eight cells instead of six. Typically a set of molds costs about $100,000 and Axion owns several sets for different sized cases.
    6 Mar, 10:03 AM Reply Like
  • Mayascribe
    , contributor
    Comments (9598) | Send Message
     
    JP: Okay, thanks. Pretty sure Axion used to import their battery casings from China, and then they went domestic, and I believe the casings are currently made in Louisiana, or some deep south state.

     

    (This is 2012 "greyed matter" info)
    6 Mar, 10:15 AM Reply Like
  • iindelco
    , contributor
    Comments (8856) | Send Message
     
    I remember seeing the import statement for the molds. They came from the Asia Pacific region which is were many mold shops buy their tools as they are very competitive.
    6 Mar, 11:01 AM Reply Like
  • John Petersen
    , contributor
    Comments (29573) | Send Message
     
    We bought a couple sets of 16-volt molds as part of the original New Castle purchase and I know that Axion's had additional molds made, but I'd hate to try and guess how many different case sizes they can do in 16-volts.
    6 Mar, 11:11 AM Reply Like
  • Mayascribe
    , contributor
    Comments (9598) | Send Message
     
    iindy: I'll verify seeing that import statement as well. But in 2012, at the PowerCube unveiling, a fellow who works with Wells Fargo from Erie, PA, and I were snooping around the "small mountain of battery casings," and he pointed out to me the shipping label, and those casings were shipped from somewhere in the deep south.
    6 Mar, 11:16 AM Reply Like
  • KentG
    , contributor
    Comments (367) | Send Message
     
    Maya, East Penn supplied all materials for the toll contract. I would assume casings as well.
    6 Mar, 11:24 AM Reply Like
  • bazooooka
    , contributor
    Comments (2353) | Send Message
     
    JP,

     

    For Axion to have a 48v system does that mean it has to be (4) 12v or (3) 16v batteries? Is there no such thing as 48v all in one case?

     

    Wouldn't space constraints and cost make it very unlikely that KIA would build a system based off of 3+ batteries?
    6 Mar, 11:30 AM Reply Like
  • iindelco
    , contributor
    Comments (8856) | Send Message
     
    Maya, Understood. I am of the opinion that Axion bought the tools in the Asia Pacific region and had them shipped to a molding house in the US that runs the cases for them. This is done all the time by many manufacturers. For 12 VDC vs 16 VDC they could have one side of the tool common, the exterior, and have application specific half tools for the different cell count.

     

    BTW, Axion did this because, as they say in manufacturing, it's expensive to ship air. Shipping empty battery cases from China, as one example, would cost an arm and a leg.
    6 Mar, 11:42 AM Reply Like
  • Mayascribe
    , contributor
    Comments (9598) | Send Message
     
    KentG: I don't think that East Penn would supply casings for the PbC. Just the flooded batts.
    6 Mar, 11:49 AM Reply Like
  • Mayascribe
    , contributor
    Comments (9598) | Send Message
     
    iindelco: I have a question pending right now with Import Genius. Not a member, so perhaps they won't respond. But in my foggy memory, and I may be mistaken, I do recall seeing a bill of lading from China that was about empty battery casings shipped by ship, and not by air. I think it was in 2008.

     

    But perhaps you are correct, and they were the tools to make the casings.
    6 Mar, 12:04 PM Reply Like
  • KentG
    , contributor
    Comments (367) | Send Message
     
    maya, IMHO the mountain of casings had to be for the toll contract as we would have noticed more revenue if they were for PbC's but I could be wrong.

     

    thx
    6 Mar, 06:58 PM Reply Like
  • jveal
    , contributor
    Comments (673) | Send Message
     
    11 cent purchases at 9:33 AM!!!!!
    5 Mar, 09:34 AM Reply Like
  • Mr Investor
    , contributor
    Comments (2511) | Send Message
     
    Strong start. There's now a 200k bid at 10.9 cents. We'll see how long this rally lasts. Either way, another chunk of PIPEr shares will be gone.
    5 Mar, 10:10 AM Reply Like
  • Mr Investor
    , contributor
    Comments (2511) | Send Message
     
    To me, this is just a small taste of what soon could be. The PIPErs are nearing their end, the sector is rapidly heating up, and we should be getting closer and closer to sales/order/contract announcements from the Co. The fuel is building up nicely.
    5 Mar, 10:25 AM Reply Like
  • LabTech
    , contributor
    Comments (1781) | Send Message
     
    I like it when authors point out little facts like this:

     

    "Compared with Li-ion, Axion claims two to four times faster recharge rates when the battery is partially-charged, as well as “significantly better cold temperature performance.”
    An often-overlooked feature of most Li-ion cells is that they cannot and must not be charged below 0°C, and have poor output current below 0°C."
    5 Mar, 09:37 AM Reply Like
  • Retired Aviator
    , contributor
    Comments (1468) | Send Message
     
    0 celsius is of course 32 fahrenheit so can that be right??? I think the author is losing credibility fast at surely they meant 0 fahrenheit.
    5 Mar, 09:41 AM Reply Like
  • DRich
    , contributor
    Comments (4429) | Send Message
     
    >Retired Aviator ... It is true ... but not in the absolute terms the author implies.
    5 Mar, 09:56 AM Reply Like
  • Retired Aviator
    , contributor
    Comments (1468) | Send Message
     
    DRich> Does it hurt Li-ion cells to charge them below 32 F? Sounds like a very large drawback if so.

     

    This winter we've gone weeks and weeks without the daily high even reaching 32 let alone the other 23 hours of the day. I bet we've spent more time in single digits than double since the holidays. Cold spells of this length could be murder then on your lithium powered HEV's battery.
    5 Mar, 09:59 AM Reply Like
  • LabTech
    , contributor
    Comments (1781) | Send Message
     
    RA,
    Here's a link that explains a lot of the problems with EV batteries and the cold. As DRich said, it's not as absolute as the author implies, but cold is not good for a Li-ion battery.

     

    http://bit.ly/1mViuzJ
    5 Mar, 10:16 AM Reply Like
  • Mr Investor
    , contributor
    Comments (2511) | Send Message
     
    RA, I assume that's why li-ion systems have thermal mgmt and algos---minimize use of them at low and high temps. Not nearly the same problem w/ the PbC---you get good performance almost all the time, without the expensive 'facilitating stuff'.
    5 Mar, 10:19 AM Reply Like
  • DRich
    , contributor
    Comments (4429) | Send Message
     
    >Retired Aviator ... Lots of Li-on chemistry uses water as part of the electrolyte which distorts the barrier layers within a cell even if it never actually turns into an ice crystal. I can't speak to how large format packs are "wired", but I'm sure there is protective circuitry. We provide it in safety light circuits. Our solution has always been to provide a defrost cycle consisting of a dummy load and duty cycle routine that keeps the internal temperature of battery operational to provide current and allow recharge. A few milliamps goes a long way.

     

    It both greatly reduces the length of time the device works per charge and overall life of the battery. But if people insist on being seen and working outside in -20 degF, then the trade-off is what it is ... Still it is not a good idea to let a battery go too low in SOC in extreme hot or cold. The next recharge could get interesting & hazardous. I'm sure that large format batteries like those in HEV's & EV's (even laptop PC's) can go for months on simple protection circuits similar to ours but there is a long term price to pay for operating in extreme environs.
    5 Mar, 10:40 AM Reply Like
  • bazooooka
    , contributor
    Comments (2353) | Send Message
     
    You may want to read some of those Tesla road warrior trips where they go to bed with 30% charge (presumably with car left outside in cold climates) and wake up with less then 10% and then worry if they can get to their next fast charge station.
    5 Mar, 02:14 PM Reply Like
  • Valleywood
    , contributor
    Comments (660) | Send Message
     
    Very exciting day today. The roads are safe enuff for SWMBO to venture out and spend the day with my 94 yr. old Mother-in-Law. And I get to leave the farmlette, go into town for a haircut, buy some groceries, and pick up some altered bluejeans. Altered jeans. That's something you tall lean folks don't understand. People like JP. I'm not out for revenge in the next kingdom. I would however in the next universe like for basketball rims be six feet high and for all tall lean athletic guys to be very very very slow. Weak big & tall guys might be good too. :>)

     

    From the Stick-In-The-Mud Department, even though my spirits are high I would like to remind folks of a recent event noted on this board. Plug, Fuelcell, etc. have jumped recently. They have jumped on significant news involving Wallmart as a customer in North America. Jumped as in triple or quadruple. It required news.

     

    We have a severe supply/demand imbalance. The worst I've ever seen or in fact even believed was possible. (live 'n learn) So I think we could find a quick triple next month to somewhere in the $.33 range. But I don't think we'll see skyrockets in flight, afternoon delight, or any of that stuff. I think we'll still have to wait for sustainable sales news before we can really get frisky.
    5 Mar, 09:46 AM Reply Like
  • raleigh731
    , contributor
    Comments (283) | Send Message
     
    VW,

     

    Ahhhhh, loving my FCEL today. Hope I don't blow it by being too greedy!!
    5 Mar, 10:25 AM Reply Like
  • bazooooka
    , contributor
    Comments (2353) | Send Message
     
    A triple is "skyrockets" to those who bought near 10 cents. Those days may be numbered. Even a break into the .20s get the stock back to levels that have been seen since 2012/13.
    5 Mar, 02:18 PM Reply Like
  • nogoodslacker
    , contributor
    Comments (871) | Send Message
     
    Absent any sales announcement, I don't see how it could get above the pre-PIPE price. We're in the same situation as before the PIPE with double the number of shares.
    5 Mar, 02:48 PM Reply Like
  • Valleywood
    , contributor
    Comments (660) | Send Message
     
    Raleigh, I'm being greedy over FCEL. Rugged reminded me of them just in the nick of time. (Thanks, Rugged!) It was a good idea in 2000 when people were goofy. Reality set in, and the stock . . . . corrected. At current levels it's now a good idea. We might have backtracking soon here or we might not. Whatever the case I remain convinced it's a good story. I may sell to remain in the game with House Money, but the idea makes sense.

     

    Who will be standing in twenty years is anybody's guess. The way around that is to buy them all. Your odds improve considerably that way. :>)
    5 Mar, 02:54 PM Reply Like
  • Retired Aviator
    , contributor
    Comments (1468) | Send Message
     
    "We're in the same situation as before the PIPE"

     

    Yeah, that situation is a drastically undervalued market cap. Except we are 10 months further along in the countdown to significant sales, whenever that is.
    5 Mar, 02:54 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2511) | Send Message
     
    ngs, I do. The sector is reheating. Was bitter cold last year.

     

    That being said, good announcements will be needed at some point, to keep any rally going.
    5 Mar, 03:02 PM Reply Like
  • raleigh731
    , contributor
    Comments (283) | Send Message
     
    Thanks VW,

     

    I'm holding and watching....I think thotdoc is, too. He's long FCEL. All in all a good day today. It would be interesting to see all the stocks that Axionistas are LONG in. I've seen several ideas on this concentrator that I didn't follow up on, and watched them go UP!!! Anyway, I'll take a few more days like this, please. Do I hear a choo-choo?...of course not, it's electric!!!!
    5 Mar, 05:50 PM Reply Like
  • John Petersen
    , contributor
    Comments (29573) | Send Message
     
    For fans of the coolest ideas going I present the WalMart Wave Concept tractor trailer. It's a battery dominant carbon fiber job powered by a Capstone turbine.

     

    http://yhoo.it/1mVjJPn

     

    Even I have to admit that it's too cool for words. Fortunately I know that trucking is all about getting freight from origin to destination at the lowest cost and I suspect that the WalMart Wave can't offer a return OF investment, much less a return ON investment.
    5 Mar, 10:25 AM Reply Like
  • Alphameister
    , contributor
    Comments (1431) | Send Message
     
    Somewhat easier today to contemplate the type of explosive upmove by AXPW that we've been expecting for years. In a field with incredible potential, and despite my reservations about management, I continue to see AXPW as the best value and reward-risk ratio by far. Still haven't sold a share of this stock and think it will be sooner rather than later that this laggard begins following in the recent footsteps of some of my other significant energy related holdings (QTWW, ZBB, MY and even ABAT). As traders begin to scour the investment universe for overlooked opportunities in a suddenly very hot sector, AXPW is sure to be a major beneficiary.

     

    I would like to see Axion management become aggressive in pursuing speaking engagements at brokerage conferences for small-cap and micro-cap technology companies. Such opportunities are arguably more important to us at this stage of the company's development than appearances at trade shows.
    5 Mar, 10:26 AM Reply Like
  • Mr Investor
    , contributor
    Comments (2511) | Send Message
     
    I'm with you, AM. Axion's marketing of its stk has been incompetent. Even just a little boost should help a lot. Investors are opening their wallets. Should help the next raise, but the other part is getting the stk price up in the meantime. Hire a promotions company. There are some good, ethical ones out there. OHRP uses one and they've been awesome. Axion has an incredible story to tell. Up til now, that storytelling has been mostly handled by JP, who's been phenomenal. But now's the time to open that up.
    5 Mar, 10:39 AM Reply Like
  • ARGE
    , contributor
    Comments (730) | Send Message
     
    Waiting for a call from a stock broker with a hot tip about AXPW trying to get my business.
    5 Mar, 11:37 AM Reply Like
  • Mr Investor
    , contributor
    Comments (2511) | Send Message
     
    Good luck. The reputable houses generally have a "non-solicitation" rule for penny stocks. You have to tell them you want to buy shares. The broker himself can't even buy shares, as that is considered solicitation (of himself).

     

    Such a long history of penny stk scams has made the biggest retail players in the industry pucker up. Just another reason to get above $1/$2 or even $5 and off the OTCBB.
    5 Mar, 12:30 PM Reply Like
  • John Petersen
    , contributor
    Comments (29573) | Send Message
     
    Of all the goals I set for myself a decade ago, the only one that remains unrealized is "off the OTCBB." It may take a while for the price to climb high enough to satisfy the minimum bid price requirements, but everything else is already in place and has been for a long time.
    5 Mar, 12:34 PM Reply Like
  • ARGE
    , contributor
    Comments (730) | Send Message
     
    Well i do get fliers and email for penny stocks, after the last broker I talked to did not want to accept no for an answer I should have started selling him an AXPW.
    He would have been impressed at the 33% increase today, given the one he was pushing was targeted for a 33% in 6 months.
    5 Mar, 05:02 PM Reply Like
  • Patrick Young
    , contributor
    Comments (985) | Send Message
     
    Found this article from 2008 very informative: http://bit.ly/1ickjGg

     

    Look at the table on page 3. PbC has the lowest $/Wh/kg of any technology. Of the companies considered disruptive in 2008:

     

    A123: went bankrupt

     

    Firefly: went bankrupt

     

    Atraverda: went bankrupt

     

    AltairNano: no sales, no good partners, ABAT has competing technology. An aside: (ALTI) is a compelling short here and (OTCPK:ABAT) a compelling long.

     

    EEstor: fairydust, was acquired

     

    CSIRO: not a real company, licenses upon licenses, inferior Axion knockoff

     

    Axion Power: no debt, strong partners, direct sales plan, disruptive technology on the verge of commercialization, 10 cents a share!
    5 Mar, 10:46 AM Reply Like
  • dlmca
    , contributor
    Comments (337) | Send Message
     
    I think we all should take heart with Dr. Smith and others recently committing to AXPW

     

    We are putting the band back together

     

    These are all accomplished people who would not just jump in without first understanding the potential and wanting to be part of it

     

    Perhaps today has started the tomorrow we have all believed in

     

    Suspect the 22,000 at $.095 I had remaining on a larger order will never be filled. Fine by me

     

    5 Mar, 11:14 AM Reply Like
  • D Lane
    , contributor
    Comments (1215) | Send Message
     
    All the excitement here and in batteries generally is too much. I went long AXPW again today.
    5 Mar, 11:23 AM Reply Like
  • Mr Investor
    , contributor
    Comments (2511) | Send Message
     
    I loaded up a bit yesterday in the 9's. Lucky bast***. So far, lol. I just wanted to get ahead of the PIPEnd. The sector heat-up is just a big bonus.

     

    Still have a bid in the 9's.
    5 Mar, 11:35 AM Reply Like
  • Patrick Young
    , contributor
    Comments (985) | Send Message
     
    The final insult in this saga of injuries has been to watch other energy stocks surge, but not AXPW.
    5 Mar, 11:36 AM Reply Like
  • Mr Investor
    , contributor
    Comments (2511) | Send Message
     
    Gonna be additional fuel when/if some of those profits come here to repeat. Seen that before, like in biotech recently.
    5 Mar, 11:38 AM Reply Like
  • D. McHattie
    , contributor
    Comments (1826) | Send Message
     
    I also bought another 29k yesterday. Devil made me do it.

     

    D
    5 Mar, 11:39 AM Reply Like
  • SMaturin
    , contributor
    Comments (2105) | Send Message
     
    D> Me too, at close yesterday. Picked up another 50K shares at .0999, hoping we have now seen the bottom.

     

    Basis now down to 0.18. Still holding every share I've bought in past 26 months.

     

    Big change in this board's tone in the past week.
    5 Mar, 11:41 AM Reply Like
  • DRich
    , contributor
    Comments (4429) | Send Message
     
    >SMaturin ... Humbug!
    5 Mar, 11:42 AM Reply Like
  • SMaturin
    , contributor
    Comments (2105) | Send Message
     
    Yup. That bug's hummin' cause it's got Axion Inside!
    5 Mar, 11:47 AM Reply Like
  • raleigh731
    , contributor
    Comments (283) | Send Message
     
    Mr I and all. I picked up another 10K @.097 yesterday, too. Might add more.
    5 Mar, 12:04 PM Reply Like
  • geopark
    , contributor
    Comments (257) | Send Message
     
    Have also been enjoying those sub .10 shares.

     

    Holding 50K as a trading position and 75K sub .11 trading shares.

     

    Have a .1099 25ksh aon/day ask in today. Don't really expect it to hit but I really like the risk/reward/reward scenario. Lose it all/quick short term win/slow long term win.

     

    One quick short term win so far, 25Ksh, 207% annualized gain.

     

    My other 100K are pure investment, non trading shares.
    5 Mar, 01:46 PM Reply Like
  • danpm4life
    , contributor
    Comments (87) | Send Message
     
    I'm thinking that a 33.63% surge to .1335 is not bad. I welcome more of these kind of days...
    5 Mar, 04:11 PM Reply Like
  • Patrick Young
    , contributor
    Comments (985) | Send Message
     
    I rescind my earlier moaning. Now lets back up sector hype with industry-leading deals. Like tomorrow! Ten cents will be a distant dream of those who lacked conviction.
    5 Mar, 04:17 PM Reply Like
  • geopark
    , contributor
    Comments (257) | Send Message
     
    Filled @.115 @12:29:34, 26sec<smart money half-hour, while I was out to lunch.

     

    Left plenty on the table vs .1301 close, no worries, happy with my booked gain ($474).

     

    Overall, I believe the appointment of Mr. Smith is yet another sparrow arriving, indicating that the Axion Power Spring is indeed arriving.

     

    And of course JP's PIPER analysis is probably more significant. Didn't he say something recently about 'interesting times a' comin'.
    5 Mar, 04:30 PM Reply Like
  • bazooooka
    , contributor
    Comments (2353) | Send Message
     
    I hope you got a fistful since you might have made a quick 50% if 2moro starts the way today finishes.
    5 Mar, 04:31 PM Reply Like
  • ARGE
    , contributor
    Comments (730) | Send Message
     
    Well got a free, brand new JCI battery for my car yesterday! The last one I bought (with a partial pro-rated warranty BTW) at Walmart was made by Exide, and leaked.
    So at least one of my investment in batteries has paid off!;-)
    5 Mar, 11:50 AM Reply Like
  • Patrick Young
    , contributor
    Comments (985) | Send Message
     
    http://bit.ly/1hLnGBk

     

    More press.
    5 Mar, 11:50 AM Reply Like
  • Patrick Young
    , contributor
    Comments (985) | Send Message
     
    Nice to see management is getting the message about making more noise in the media.
    5 Mar, 11:51 AM Reply Like
  • Mr Investor
    , contributor
    Comments (2511) | Send Message
     
    "Article contributed on behalf of Axion Power". Just a rehash of their recent blog post on a seemingly obscure website, but hey, it might be > nothing.

     

    Not sure if Axion really is trying to tell us something or just tossing out whatever they think they can.
    5 Mar, 11:57 AM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2559) | Send Message
     
    "In 2013, we plan to roll out the next generation NS 999, outfitted with a bank of more technologically advanced hybrid lead-carbon batteries developed by industry partner Axion Power International.”

     

    Hmm. Almost finished with the 1st quarter of 2014. No sightings.

     

    IF Kia has chosen the PbC and IF we actually find out about it, I hope the event is not similar to NS buying one set of batteries in spring of 2012 ... waiting to take delivery until December 2012 and then, still not publicly using the batteries for anything other than testing and research.
    5 Mar, 11:59 AM Reply Like
  • raleigh731
    , contributor
    Comments (283) | Send Message
     
    PY,

     

    Good article, however, at the end, the author identifies "AXIOM" as a source. JP, I'm thinking maybe a company name to AXIOM might not be a bad idea....after all, look how many people mis-spell the company's name. lol!!
    5 Mar, 12:10 PM Reply Like
  • tripleblack
    , contributor
    Comments (13444) | Send Message
     
    http://bit.ly/1fHbqmk
    5 Mar, 12:21 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2511) | Send Message
     
    Spot-on comment by thotdoc.
    5 Mar, 12:25 PM Reply Like
  • Patrick Young
    , contributor
    Comments (985) | Send Message
     
    (MXWL) up on PT raise
    5 Mar, 12:27 PM Reply Like
  • Retired Aviator
    , contributor
    Comments (1468) | Send Message
     
    I was researching MXWL late last week. Still got a browser tab open to their investor relations info page which is still showing a quote of $10.22 in my non-refreshed tab. But in a few trading days it has jumped to $14.70.

     

    Kinda frustrating. I didn't buy any since my research was in progress. :(
    5 Mar, 01:28 PM Reply Like
  • Ranma
    , contributor
    Comments (1419) | Send Message
     
    Sometimes I buy first based on price action then research for exit strategy...
    5 Mar, 01:36 PM Reply Like
  • RuggedDC
    , contributor
    Comments (183) | Send Message
     
    MXWL is actually the reason I discovered (and subsequently went heavily into) Axion (courtesy of Mr. Petersen).

     

    I "discovered" MXWL in 2007/2008, then built the bulk of my position in 2011 through 1H 2013, as many opportunities to "buy on dips" presented themselves.

     

    It was through following MXWL news flow that I discovered JP's former periodic assessments of AltEnergy stocks.

     

    I eventually became curious about this "holy grail" of energy storage, Axion…

     

    With most(?) of the industry names now having disappeared, I miss those periodic industry reviews by JP.

     

    …And, JP, I've been curious for a while to hear any update on your opinions regarding Maxwell!
    5 Mar, 01:50 PM Reply Like
  • nogoodslacker
    , contributor
    Comments (871) | Send Message
     
    I sold MXWL at $8-ish to buy more Axion. Go figure. FML.
    5 Mar, 02:50 PM Reply Like
  • Retired Aviator
    , contributor
    Comments (1468) | Send Message
     
    FWIW, as far as I can tell from my cursory Maxwell research thus far, I think selling it to buy Axion was smart. It's just that the market has strongly disagreed (so far).
    5 Mar, 02:57 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2389) | Send Message
     
    Daily Beast comments on Telsa????

     

    No attribution ... sad. Not clear if all their reporting is original stuff or not ...

     

    U.S. NEWS 03.01.14

     

    Tesla Looks Like a Bubble, Will It Pop?

     

    After years of being underappreciated by Wall Street, financial analysis’s are predicting ludicrous growth rates for Elon Musk’s electric car company.

     

    http://thebea.st/1ndb8nK
    5 Mar, 12:49 PM Reply Like
  • John Petersen
    , contributor
    Comments (29573) | Send Message
     
    They forgot the word When after the comma in the title.
    5 Mar, 12:52 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2389) | Send Message
     
    Correction: author is:

     

    "Daniel Gross is a columnist and global business editor at The Daily Beast"

     

    http://thebea.st/1fHgOWw

     

    links to his other stories

     

    .
    5 Mar, 01:08 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2389) | Send Message
     
    Maxwell not just busy in trucks as Iindelco just posted at end of 309:

     

    Ultracapacitor energy storage offers metro operators 20% savings
    03 Mar 2014

     

    http://bit.ly/1fHfhj6

     

    South Korea rapid transit efforts ... looks similar to Septa-Saft-ABB-Maxwell... stuff

     

    repeating Iindelco's link:

     

    "benefits to class 3 through 6 medium duty trucks that it has been offering previously to class 7 and 8 heavy duty diesel trucks."

     

    http://bit.ly/1ncSUTl
    5 Mar, 12:53 PM Reply Like
  • iindelco
    , contributor
    Comments (8856) | Send Message
     
    What's up w/ the x0001 ask volume. Been happening at times today and I've never seen it before. It's almost like a signaling method between mm's
    5 Mar, 01:13 PM Reply Like
  • tripleblack
    , contributor
    Comments (13444) | Send Message
     
    Almost?
    5 Mar, 01:18 PM Reply Like
  • iindelco
    , contributor
    Comments (8856) | Send Message
     
    TB, OK. :-P
    5 Mar, 01:35 PM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2559) | Send Message
     
    Interesting, NYSE contacted ZBB on unusual trading.

     

    http://mwne.ws/1gRPm4P
    5 Mar, 01:25 PM Reply Like
  • kevin lemm
    , contributor
    Comments (88) | Send Message
     
    Article contributed on behalf of Axiom Power International, Inc. and re-posted in agreement with EarthTechling.

     

    subject matter battery operated locomotives from Norfolk Southern

     

    http://bit.ly/1hLnGBk
    5 Mar, 01:50 PM Reply Like
  • kevin lemm
    , contributor
    Comments (88) | Send Message
     
    Sorry for the repeat I see this was posted earlier.

     

    I'm having a hard keeping up with this pace. I should just buy my stocks and get back to work.
    5 Mar, 01:58 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2511) | Send Message
     
    kevin, yes, this article was posted twice already. It's just a version of Axion's recent blog article, best I can tell. Like a re-tweet.

     

    Speaking of tweets and such, does anyone here write about AXPW anywhere else---twitter, scutify, etc.? This is a fantastic place here at SA, but it is a wider world. After all.
    5 Mar, 02:03 PM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2559) | Send Message
     
    More info on Green Charge Networks ... seemingly a similar model to Rosewater ...

     

    http://bit.ly/P15z0l
    5 Mar, 02:05 PM Reply Like
  • John Petersen
    , contributor
    Comments (29573) | Send Message
     
    Green Charge Networks model is actually closer to SolarCity's. What they're doing is bundling storage and purchase price financing that they can sell to users for a price that's roughly equal to the anticipated electricity cost savings.

     

    In markets like California, for example, commercial customers pay about $.17 per kWh for electricity consumption, but they pay a demand charge of $13.36 per kW as measured during the 15 minutes per month when their power consumption is highest. Using batteries to save $.17 electricity is senseless. Using them to shave a couple kW off the demand charge can be quite economic.

     

    Since the average 7-11 owner doesn't want to splash out tens of thousands to buy a system but would like to save a buck or two on his electric bill and get a green arm band to boot, the idea is marketable as long as outfits like Green Charge Networks and SolarCity can wrap the storage and the money into an integrated package.
    5 Mar, 03:19 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2389) | Send Message
     
    Reminds me of Ameresco, a company that's been at this financing biz a lot longer, though not without some debate on the buy and sell side ...

     

    http://bit.ly/1mWBw8U

     

    I think they take a bigger picture when it comes to energy efficiency, but I wonder if they're cheered or bummed at the "Johnny come Latelys" ...
    5 Mar, 07:48 PM Reply Like
  • Masi
    , contributor
    Comments (422) | Send Message
     
    Looks like the PIPErs are really dumping some shares today. From what I can tell it is close to or above 500K shares. HTL, does my estimate seem close to you?
    5 Mar, 02:17 PM Reply Like
  • John Petersen
    , contributor
    Comments (29573) | Send Message
     
    I had always assumed they'd dial back the selling once there was no benefit in keeping the price depressed. I guess these guys work under policies that say all stock received in PIPE transactions must be converted to cash ASAP. I guess it doesn't make sense for them to worry about pennies on the last few million shares. I'm really looking forward to ZRPSD – zero remaining PIPE shares day.
    5 Mar, 03:21 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17304) | Send Message
     
    Masi: Sorry couldn't answer. Yesterday's volume, combined with Power Etrade Pro presenting prior day trades, which I entered in my spreadsheet even after I though "Gee those first six seconds trades look just like yesterday's" and not waking up until 11:30 to the fact they *were* yesterdays trades, got me behind.

     

    To recover and not lose any data, I started taking snapshots of the trade screens, saving them as .png files, running them through an OCR program, writing Q&D sed scripts to convert OCR errors as I discovered them, got them into .csv format, and, late last night, had all data correctly loaded so nothing lost.

     

    Anyway, yes - it's pipers. Recall several times over the last week I said they had set the market up for a rise, as usual, and this week that we would rise, maybe Monday, but might be Tuesday.

     

    Add in the timely speculation on KIA, the news of Mr. Smith ...

     

    I posted in 309 about the "magic" and also that we've been here before (see what happened EOM Jan to late Feb).

     

    HardToLove
    6 Mar, 12:02 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9598) | Send Message
     
    Added 30,000 shares in the gamer account, and 50,000 in the brokerage account today.

     

    CNBC just featured PLUG, Fuel Cell, and Ballard Power. Would love to add AXPW to that list!

     

    Congrats to Axionistas who own any of the above, like Thotdoc!
    5 Mar, 02:27 PM Reply Like
  • thotdoc
    , contributor
    Comments (1417) | Send Message
     
    Thanks.

     

    Exited both yesterday in the AM. Waiting for a pullback on FCEL into the 2.25 range; will begin to step back in at 2.50 slowly. It's all about sales at FCEL.
    6 Mar, 09:59 AM Reply Like
  • danpm4life
    , contributor
    Comments (87) | Send Message
     
    thotdoc, yesterday I sold Apr '14/$3 strike calls on 2k of my 5k shares of FCEL @ $0.70. thinking FCEL was due for a pull back. If FCEL closes @ 3 or above at expiration, the buyer has paid me $3.70 a share for my 2,000 shares. If it closes under 3, I get to keep the $1,375 premium & it lowers my FCEL costs by $0.275 a share. If the buyer takes my 2k shares @ $3.70, then I'm playing with OPM for my remaining 3k shares. I'm thinking of a final exit price north of $5-. When you buy back in slowly, do you have an exit target price &/or timeline?

     

    And thanks again for your Dec '13 posts on fuel cells. It was what triggered my relook into BLDP, FCEL & PLUG.
    6 Mar, 05:21 PM Reply Like
  • mrholty
    , contributor
    Comments (824) | Send Message
     
    Anybody who watches facebook Altoona Works page (and I know there are several of us) on news of the NS999 should take a look.

     

    They are announcing via GoRail that NS is bringing 6963 to Washington for next week as part of Railroad Day on Capital Hill and its going to Union Station.

     

    A big ho-hum right. Well they state that there will be a big announcement at that time. Did I mention that part of its cab is painted Green. You know eco colors?

     

    The GoRail people think its in the colors of the GoRail logo which is an org designed to push frieght rail. What if 6963 is the battery loco that we've been wondering about. Not a bad place for a debut.

     

    http://on.fb.me/1fHvzIZ
    5 Mar, 03:01 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2511) | Send Message
     
    That loco was a SD60 that was rebuilt to a SD60E. "Ten years ago today, GoRail was founded to promote the public benefits of shipping more freight by rail. To celebrate, we have a big surprise coming at Railroad Day on Capitol Hill next week." So I'm guessing NS will stress the environmental benefits of shipping by rail. We haven't even seen the NS999 in the yard, yet, much less the tougher-to-solve OTR. I'd guess there's about one chance in 100 that it's the battery OTR.

     

    AltoonaWorks did mention earlier this year that a new 6 axle project would be announced at some point.

     

    Would be great, though, if NS announced something with the PbC in 'em. Get some PR credits w/ Washington. If Axion's blog post and it's repost today is a hint, maybe sump'n is up.
    5 Mar, 03:14 PM Reply Like
  • mrholty
    , contributor
    Comments (824) | Send Message
     
    It may just be to commemorate 10 years since the start of GoRail as the colors are correct. But when they state there is an announcement and then a pic of the side that was taken and posted to a rail site and then taken down by request (probably NS) it tells me I want to know.

     

    Guess we will know on March 13, 2014.

     

    Add: Its probably nothing but why would NS allow multiple locations to publish front pics but work to remove a side pic from view. That said, I'm always looking for an angle.
    5 Mar, 03:21 PM Reply Like
  • Patrick Young
    , contributor
    Comments (985) | Send Message
     
    http://bit.ly/1gaLjiz

     

    It is a diesel SD60E
    5 Mar, 03:24 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2389) | Send Message
     
    Remember, these railfan photographers get excited (and have a mailing list posting engine name+number, time, direction, whether the engine is facing "forward" or "backward") whenever an engine gets painted in a very distinctive style.

     

    So that's most of what's going on here in my opinion.

     

    I'm on that mailing list waiting for a mention of the NS-999 ... and it's been a long wait!
    5 Mar, 07:56 PM Reply Like
  • mrholty
    , contributor
    Comments (824) | Send Message
     
    Wt - I don't disagree but initially if you are NS and you want to make Congress notice then do it with something green. Granted the other Tier1 guys there wouldn't like the focus on NS when they are they together but we are months past when NS said they would roll out the NS999.

     

    I found the side/back pic. I now don't believe its what we want unless one can convince me otherwise. I want good news, any good news. I bought AXPW on the idea of rail, not auto and I'm frustrated by this market.

     

    http://on.fb.me/1ibB7ZO
    5 Mar, 10:47 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2511) | Send Message
     
    Somebody wants in. > 400k shares bid at 11.5 cents.

     

    This might take us over 4 mil shares on the day.
    5 Mar, 03:29 PM Reply Like
  • Josh Greene
    , contributor
    Comments (60) | Send Message
     
    400K bid by NITE at .115...
    5 Mar, 03:30 PM Reply Like
  • Josh Greene
    , contributor
    Comments (60) | Send Message
     
    I really was wondering if that was fat fingered - but apparently not so far.
    5 Mar, 03:32 PM Reply Like
  • jveal
    , contributor
    Comments (673) | Send Message
     
    I would say all the recent "chatter" has people jumping off the sidelines so they don't miss the train.
    5 Mar, 03:34 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9598) | Send Message
     
    Sheesh! I sure am glad I added 80,000 shares in the mid-tens earlier today. Gamer account shows 12.41 cents right now? Up 24%? Wow.
    5 Mar, 03:43 PM Reply Like
  • Patrick Young
    , contributor
    Comments (985) | Send Message
     
    fat fingered...LMFAO
    5 Mar, 03:44 PM Reply Like
  • LabTech
    , contributor
    Comments (1781) | Send Message
     
    Maya,
    Now if the price would just go up 300% more, then one of my accounts would be back to even. It was a very nice day. Some of us just need a lot more of them.
    5 Mar, 04:36 PM Reply Like
  • bazooooka
    , contributor
    Comments (2353) | Send Message
     
    Be careful or you might get back to near the number of shares you had back in yesteryear. 100k grabs here and there don't take long to add back up.
    5 Mar, 04:38 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9598) | Send Message
     
    Lab & zooooka: Been a loooooong time since I averaged...up.
    5 Mar, 04:45 PM Reply Like
  • Patrick Young
    , contributor
    Comments (985) | Send Message
     
    Largest volume day since December 24.
    5 Mar, 03:40 PM Reply Like
  • Ranma
    , contributor
    Comments (1419) | Send Message
     
    And here I was thinking anything above 11 cents would signal a great up day for AXPW tomorrow too.
    5 Mar, 03:47 PM Reply Like
  • Josh Greene
    , contributor
    Comments (60) | Send Message
     
    Also, not much inventory around .13 - or the PIPErs are done, or out for the day. Also, wondering who TEJS is.
    5 Mar, 03:43 PM Reply Like
  • Patrick Young
    , contributor
    Comments (985) | Send Message
     
    Hallelujah!
    5 Mar, 03:46 PM Reply Like
  • Patrick Young
    , contributor
    Comments (985) | Send Message
     
    First time I have been in the black in this stock since early 2012.
    5 Mar, 04:03 PM Reply Like
  • Patrick Young
    , contributor
    Comments (985) | Send Message
     
    That being said, if I had simply put all my money in the S&P way back when, I'd be up 40%.
    5 Mar, 04:37 PM Reply Like
  • Josh Greene
    , contributor
    Comments (60) | Send Message
     
    Interesting - could close anywhere from .11 to .13 in the next 10 minutes.
    5 Mar, 03:47 PM Reply Like
  • Ranma
    , contributor
    Comments (1419) | Send Message
     
    LOL Josh, you gave yourself a 2 cent spread and still totally missed! =)
    5 Mar, 04:00 PM Reply Like
  • Josh Greene
    , contributor
    Comments (60) | Send Message
     
    well, to be fair , we were at .115 vs. .122 when I said that... pretty much the only time this year there's been a gap that wide on bid/ask, and that it's gone up that much - so, happy to be wrong :)
    5 Mar, 04:05 PM Reply Like
  • bazooooka
    , contributor
    Comments (2353) | Send Message
     
    13 cents was pretty close; what's your call for tomorrow's open and close?
    5 Mar, 04:43 PM Reply Like
  • Josh Greene
    , contributor
    Comments (60) | Send Message
     
    My general rule of thumb is if something that's been laying dormant moves up, it usually goes up on the 2nd day - so I'd say open at around .135 for a small gap up, and prob close around .145 after briefly hitting .15. Of course, who the hell knows - you've got a cross current of PIPErs, a bunch of recent folks who are up 30% in 2 days, and a whole lot of overhead from anyone who bought on the way down.
    5 Mar, 05:09 PM Reply Like
  • Retired Aviator
    , contributor
    Comments (1468) | Send Message
     
    Josh> I like your thinking and normally I'd agree with you 100%. However in this case the rest of the alternative energy sector small caps have been on fire for weeks or months and AXPW has been left out as the unloved step child the whole time. I think that is probably changing quickly here. In the catching up, closing up another ~3 1/2 cents tomorrow is my guess at $.1662.

     

    Anybody else care to place a guess? Guessing closes at the market open tomorrow.
    5 Mar, 05:23 PM Reply Like
  • Occam's_Razor
    , contributor
    Comments (1140) | Send Message
     
    @Retired Aviator: I'm probably gonna be laughed at, but I think we hit .20c intraday tomorrow with a close around .17ish...

     

    But that's just me...
    5 Mar, 05:35 PM Reply Like
  • ARGE
    , contributor
    Comments (730) | Send Message
     
    Good thing is that there was a nice volume pop as well as a price tick, just can't be pipers selling of holding back. Mr. Smith calling friends and family about what he saw his 1st day at Axion???? ;-)
    5 Mar, 06:28 PM Reply Like
  • bazooooka
    , contributor
    Comments (2353) | Send Message
     
    And KIA rumors, NS rumors, and dissection of a 6 month old NS update etc...
    5 Mar, 06:28 PM Reply Like
  • rastros
    , contributor
    Comments (35) | Send Message
     
    WOW. Good for us!
    5 Mar, 03:56 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (1476) | Send Message
     
    a little taste. yum.
    5 Mar, 04:01 PM Reply Like
  • John Petersen
    , contributor
    Comments (29573) | Send Message
     
    I apologize for double posting spam but I just put this comment on No 309 when I really wanted it to go here.

     

    "I have two Instablogs in the archive about supply and demand rodeos I watched unfold with former clients.

     

    http://bit.ly/uzNPG2
    http://bit.ly/xHrjyl

     

    While these earlier experiences were agonizing at the time, they didn't hold a candle to the last four years with Axion. If the earlier deals were house cats then Axion is a lion and while I think I know how felines behave I'm not confident in my ability to predict the behavior of lions based on my experience with house cats.

     

    I'm not yet comfortable with the idea that the PIPErs are out of stock, but they are running low and I'm preparing for the educational opportunity of a lifetime."
    5 Mar, 04:35 PM Reply Like
  • kevin lemm
    , contributor
    Comments (88) | Send Message
     
    Mr. Petersen thank you for your efforts and sharing your professional expertise.

     

    It feels good to feel good.
    5 Mar, 04:49 PM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2559) | Send Message
     
    Old Locomotive Wiki on Altoona Works BP#4

     

    The NS; Norfolk Southern/Altoona Works, BP4 #999 is a type of rebuilt four-axle, 1,350hp EMD battery-powered electric locomotive (though with a diesel locomotive's body and components) built in 2009 by the Altoona Locomotive Works (formerly the Juniata Locomotive Works) facility from the Norfolk Southern railroad, and is the only one of its kind built, though it is to be joined by 12 similiarly powered locomotives, according to Norfolk Southern's "Sustainability Report."

     

    The type is rebuilt from an EMD GP38
    5 Mar, 04:45 PM Reply Like
  • Patrick Young
    , contributor
    Comments (985) | Send Message
     
    Did we know about the 12?
    5 Mar, 05:15 PM Reply Like
  • iindelco
    , contributor
    Comments (8856) | Send Message
     
    Weren't some of these Wiki sites for Axion and NS 999 set up by an Axionista some time ago. It was about the time Bang was setting up the search engine for this site as well as a list of links for Axion and industry related material.
    5 Mar, 05:28 PM Reply Like
  • nogoodslacker
    , contributor
    Comments (871) | Send Message
     
    Nice to finally have an up day. Now back to sleep. Wake me up when they sell some batteries.
    5 Mar, 04:47 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9598) | Send Message
     
    I wonder if Howard Berkowitz is paying attention.
    5 Mar, 04:50 PM Reply Like
  • Occam's_Razor
    , contributor
    Comments (1140) | Send Message
     
    @Maya: I'm just glad you got back in... it would've made you sick (or at least me sick) to watch Axion go back up to your sell point with no shares bought low.
    5 Mar, 04:54 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9598) | Send Message
     
    Occam: Thanks. My whiskers have been twitching for about a week. When I was on the phone with my broker today, I told him I'd hang myself if KIA hit and I wasn't in. ;-)

     

    Funny part was he called me after FINRA sent him a "compliance" letter, about how my portfolio was overweight with MLPs. By law he had to ask me questions like: Is your client aware that he is overweight in MLPS? Is he an experienced trader? Etc. We laughed, and then I segued into buying some Axion, after explaining the current state of affairs about Axion.

     

    I had him pull up the PLUG, FUEL and Ballard Power charts. Hot money is back. He had zero problem with me buying back in.

     

    I called him back around 3:50 PM to tell him to give FINRA a hat tip for their timing. ;-)

     

    Broker marveled at AXPW's movement today.
    5 Mar, 05:53 PM Reply Like
  • Occam's_Razor
    , contributor
    Comments (1140) | Send Message
     
    Just a little math... even with Axion at .30c (and assuming we will have, say, 215 million shares outstanding, Post PIPE) would only value Axion at 64 Million.

     

    Wasn't Axion valued well North of 100 Million not too long ago?

     

    So the... um.... 64 million dollar question is: Is 64 million correct or way too low for this promising tech...
    5 Mar, 04:59 PM Reply Like
  • John Petersen
    , contributor
    Comments (29573) | Send Message
     
    Axion's market cap was about $100 million in Q1-10 and briefly returned to that level in Q1-11 (see the market cap graph in the header), but it's been on a downhill slide ever since because of the immense selling pressure. Since Axion didn't have a commercial manufacturing process, didn't have any visible potential customers and didn't have any documented third party testing in Q1-10, I tend to think it's worth more now than it was then, but what do I know?
    5 Mar, 05:03 PM Reply Like
  • Ranma
    , contributor
    Comments (1419) | Send Message
     
    IMHO, Axion at maturity would be valued at 1-2 billion depending on market conditions. The comparison I make is to Polypore (PPO) which makes filtration and separators to process Li-ion. Axion as an electrode maker or licensor would be comparable if lead-carbon lives up to its promises.

     

    At current number of shares, that would put AXPW in the 5-10 dollar range in a few years.

     

    My guess is that small sales can get us to the 20-30c range. 50c-1 dollar on further project progress like NS999 or Kia. Any big production wins should garner us 2-3 dollars.

     

    All while market conditions permit. This cuts both ways (positively too). If alt-energy becomes a hot sector and Axion has big news over this year and next, I think AXPW could reach a near-term overvalued phase at $5 (overvalued in that the company hasn't reached cash generating maturity).
    5 Mar, 05:20 PM Reply Like
  • Patrick Young
    , contributor
    Comments (985) | Send Message
     
    My gut (by comparison with other companies) tells me a minimum fair valuation for AXPW is about 250 million.

     

    Anywhere from 250-1000 million is also possible fair valuation.

     

    With growth fully priced in, could trade somewhere in the $10-$20 range.
    5 Mar, 05:22 PM Reply Like
  • bazooooka
    , contributor
    Comments (2353) | Send Message
     
    What was the all time low market cap? Past few weeks or back in Dec. 2011 when share count was much lower? Anyhow, last time it made 100%+ run, maybe this time we can do the same. I will settle for a return to the 100M market cap level. That at least is legit microcap level. Right now we are nano-cap although we have the SA following of something much larger.
    5 Mar, 05:25 PM Reply Like
  • John Petersen
    , contributor
    Comments (29573) | Send Message
     
    December 2011 hit a low of $23.4 million with 85.5 million shares outstanding. We're just coming off a low of $19.4 million on January 28th assuming a fully diluted share count of 215 million.
    5 Mar, 05:34 PM Reply Like
  • bazooooka
    , contributor
    Comments (2353) | Send Message
     
    Well, then were already past the 2 most notable all-time marketcap lows. I dont think it will be too far fetched to get to 50M again like we saw in the early 2012 spike off the bottom. Also that cap number would still be a reasonable multiple of sales if we assume 8 figure PbC sales in the next several years.
    5 Mar, 05:44 PM Reply Like
  • dlmca
    , contributor
    Comments (337) | Send Message
     
    JP

     

    Absolutely agree

     

    Nice move today

     

    I expect just the start
    5 Mar, 05:09 PM Reply Like
  • michaelga
    , contributor
    Comments (24) | Send Message
     
    We are all happy with the 33% rise --- the $0.03 rise.
    There are many reasons why Axion ""should"" rise, but, let's keep in mind that many in the battery/storage industry have skyrocketed in the past few days. That may or may not sustain us. I suspect we'll see some volatility in the next few 'time units'... There is no predicting any of this, of course.

     

    Meanwhile it is fun (but, already speculating about 20 bucks!!? ;-)
    5 Mar, 05:45 PM Reply Like
  • Amouna
    , contributor
    Comments (1456) | Send Message
     
    Encouraging dynamics for the stock today, I would treat it with caution though as long as the PIPERS can still be m*ss around with the price. Hopefully good news on the sales front is coming soon to give it a price boost!
    5 Mar, 06:14 PM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2559) | Send Message
     
    Love the speculation. But my guess is that we end down tomorrow with the PIPErs blowing out most of the rest of their shares.
    5 Mar, 06:19 PM Reply Like
  • bazooooka
    , contributor
    Comments (2353) | Send Message
     
    Stefan, I agree the PIPErs are on the other side of these Axionista trades. But what do you think will happen later this month when they are out of ammo (if they're not already)? Do you think will have low volume and nonplussed Axionista ruling the day or do you think we will still have million/day type demand without the normal stock supply we've been accustomed to. I debate this myself but it would suck if the Axionista only buy when PIPErs are there to crush. I so think sans the crusher, a 15M share week could really move the stock.
    5 Mar, 06:27 PM Reply Like
  • Ranma
    , contributor
    Comments (1419) | Send Message
     
    I don't think the remaining PIPErs are as aggressive. They seem to be happy selling while keeping price firm. That is, limiting their market impact. They easily could have done worse when the price was still 9c but didn't. Nor did they kill today's rally. I don't expect them to kill any rally tomorrow either.
    5 Mar, 06:50 PM Reply Like
  • Occam's_Razor
    , contributor
    Comments (1140) | Send Message
     
    @Ranma: My thought for the night is this: What happens if the remaining three PIPE'rs see today's price action (i.e., up 33%) and decide to hit the brakes (on selling) just to see where the price goes. And what if they (oh my God) actually *add* to their position, since they are *already* playing with the House's money???? Ok... I'll pass the dooby to someone else... sorry
    5 Mar, 11:41 PM Reply Like
  • iindelco
    , contributor
    Comments (8856) | Send Message
     
    F&#%... http://bit.ly/1gSuNFx
    5 Mar, 06:28 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9598) | Send Message
     
    I'm already getting sideline queries. I'm guessing we close up another couple of pennies tomorrow.

     

    Seems like some fat catfish are beginning to muck up the river bottom.

     

    ####

     

    KIA does have a plant in Georgia. So Axion can make the batteries in New Castle and one day, ship them south in an ePower truck! How cool would that be?
    5 Mar, 06:37 PM Reply Like
  • DRich
    , contributor
    Comments (4429) | Send Message
     
    Wow!!!!

     

    What a strange reaction from this forum to a small change.
    5 Mar, 06:42 PM Reply Like
  • Mr Investor
    , contributor
    Comments (2511) | Send Message
     
    From fear to greed in about a week.
    5 Mar, 06:45 PM Reply Like
  • bazooooka
    , contributor
    Comments (2353) | Send Message
     
    Or from broke to less broke and for some they might even be above their average cost for once. Greed at a 26M market cap seems a little early.

     

    Let's see if we get to 20 cents and watch how people handle a 2 bagger on recent buys. I assume your not going to flip your 9 cents shares too quickly.
    5 Mar, 07:00 PM Reply Like
  • iindelco
    , contributor
    Comments (8856) | Send Message
     
    DRich, still laying on the dumpster? Hey we just got 3 centavos back. I expected,

     

    http://bit.ly/1kzvut0
    5 Mar, 07:14 PM Reply Like
  • SMaturin
    , contributor
    Comments (2105) | Send Message
     
    Zooook,

     

    My 9-ers are at the bottom of a deep sock drawer. I am just tickled that I may have slurped up the last nines forever at the close yesterday. Scum sucking bottom dweller that I am, that was freekn luck.

     

    Maybe.....

     

    Fingers crossed.
    5 Mar, 07:52 PM Reply Like
  • DRich
    , contributor
    Comments (4429) | Send Message
     
    >iindelco ... Far too much energy to expend when nothing has materially changed.
    5 Mar, 08:42 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (1476) | Send Message
     
    It takes far less energy to smile than frown, bitch, whine or fear. I'm smiling now. Super easy. Never had a single day $2000 gain before. It can go away tomorrow, I'll smile and buy.
    5 Mar, 09:05 PM Reply Like
  • isthisonebetter
    , contributor
    Comments (250) | Send Message
     
    ii,

     

    I'm watching this dancing porcupine video for at least the 13th time and I'm still laughing uncontrollably each time. Not sure if I should have admitted that, but it's the truth.
    5 Mar, 11:10 PM Reply Like
  • Occam's_Razor
    , contributor
    Comments (1140) | Send Message
     
    @SMaturin: My lowest *block* of shares were bought at .0903... I remember thinking (at that moment) that time will either label me a genius or a fool.... the jury is still out 'till we get some freakin sales....
    5 Mar, 11:46 PM Reply Like
  • iindelco
    , contributor
    Comments (8856) | Send Message
     
    "KIA does have a plant in Georgia. So Axion can make the batteries in New Castle and one day, ship them south in an ePower truck! How cool would that be? "

     

    It would be cool but I highly doubt it. Axion's battery plant is not what they would be looking to source from. Not up to OE standards and probably highly inefficient. Thus the need for a tier 1 partner.
    5 Mar, 06:47 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9598) | Send Message
     
    iindy: I was just messin' 'round.

     

    But, Axion can make 3000 PbCs a day, IIRC. I agree, though, a Tier 1 partner is needed for the big gains to happen.
    5 Mar, 06:58 PM Reply Like
  • iindelco
    , contributor
    Comments (8856) | Send Message
     
    Figured as much Maya. We're all happy to get a little relief rally. Just want to make sure those that don't know automotive understand the path to supplying the industry if Axion gets a call to arms. Let's hope TG's talks with the potential partner eventually bear some fruit in the sector.

     

    BTW, nice buy in. Congrats and an additional welcome back!
    5 Mar, 07:06 PM Reply Like
  • dance621
    , contributor
    Comments (174) | Send Message
     
    Darn. Well will ya look at that. Turn my back for a couple of hours and wow. Looked back at the comments above. So does anyone have any theories about the move? Surely not the PR release. Are we agreeing on general alternative energy sentiment following the moves yesterday? Seemed more like someone was talking up a position to me. Wonder if Doc Love can throw any light on how one-sided that late buying was. I think the best thing about todays rally was the huge volume shifting which presumably mostly made up PIPE shares.
    5 Mar, 07:26 PM Reply Like
  • D Lane
    , contributor
    Comments (1215) | Send Message
     
    >Are we agreeing on general alternative energy sentiment following the >moves yesterday?

     

    dance, yes
    I'm thinking the sentiment has finally changed. Check out ZBB's gains this week alone. I've never seen anything like it and I don't see a logical reason why the stock is worth 3x more now than it was on Friday.
    5 Mar, 10:11 PM Reply Like
  • isthisonebetter
    , contributor
    Comments (250) | Send Message
     
    What did you guys do to my AXPW shares while I wasn't watching? $0.104 last I knew...
    5 Mar, 07:47 PM Reply Like
  • tahoe1780
    , contributor
    Comments (96) | Send Message
     
    ARPA-E Please see last paragraph: http://bit.ly/1gSIowD
    5 Mar, 07:56 PM Reply Like
  • jcrjg
    , contributor
    Comments (172) | Send Message
     
    Maya,

     

    Not too long ago you said that you did not think Axion was a good investment. What changed your mind?

     

    Thanks
    5 Mar, 08:12 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9598) | Send Message
     
    jcrjg: Sure. I got into Axion Power way back not because of the grid possibilities, and not because of because of Norfolk, or the railroad possibilities. I got into Axion because of the possibilities in the automotive sector, with BMW doing the trail blazing. One-offs in the grid sector, and that even if Norfolk starts buying more PbCs, all of that together, and given that I think that the PbC is priced too high to be competitive in the grid sector, just did not do it for me. I did not see a clear path toward Axion being eventually cash flow even anytime soon.

     

    For me, the clearest path to recurring and sustainable and meaningful sales was via the automotive sector.

     

    But as time waned, and TG's comments about looking more toward lower hanging fruit, and that BMW "seemed" to be moving in another direction, introducing new vehicles that did not have Axion inside, my opinion of Axion being "investable" also waned.

     

    So with my broker leaning on me to bail before the PIPE deal, I felt compelled to sell.

     

    The KIA possibility now changes the story about potential recurring sales.

     

    A while back, I wrote that AXPW shares were in the "rocking chair," while the PIPErs continued to pummel the price. That's soon coming to an end. Given that there seems to be "some" chance that KIA will adopt the PbC, and add in that there may soon be a supply squeeze, I feel pretty safe that Axion has graduated from being un-investable, to now being "tradeable."

     

    The real reason why I dropped a toe back in last week, and added more this week, was JP's supply coming to and end theory.

     

    If KIA does adopt the PbC, then Axion once again becomes investable long term.

     

    I'll add that someone asked a few days ago if whether or not I "liked" (or stopped liking) Granville. I've never stopped liking Granville since the day I met him. But I did question what the heck was going on, and like everyone else, questioned the lack of communication from New Castle, and especially questioned the value that Axion was getting from their PR department.

     

    Though the articles coming out seem to be poorly written, or not well thought through, at least there are now articles.

     

    One more reason why I bought back in is that hot money seems to be coming back into this sector in a big way.

     

    Hope this helps!
    5 Mar, 09:46 PM Reply Like
  • jcrjg
    , contributor
    Comments (172) | Send Message
     
    Maya,

     

    thanks that is very helpful.
    6 Mar, 07:42 AM Reply Like
  • tripleblack
    , contributor
    Comments (13444) | Send Message
     
    Maya: "I feel pretty safe that Axion has graduated from being un-investable, to now being "tradeable."

     

    Absolutely. My take as well.
    6 Mar, 08:08 AM Reply Like
  • alsobirdman
    , contributor
    Comments (366) | Send Message
     
    When we got under .105 today I had my finger on 50-100K but decided to wait a bit. Then, taking advantage of one of the benefits of "working from home", I took a little nap at 1530 hours. What a surprise when I woke up.

     

    Can't wait to see what tomorrow brings. I do think people are thinking "I better get on before the train gets any further away".

     

    Now I'm already dreaming how long to wait before getting rid of my old $2.10 shares.
    5 Mar, 08:25 PM Reply Like