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  • Josh Greene
    , contributor
    Comments (78) | Send Message
     
    First?
    27 Mar 2014, 07:39 AM Reply Like
  • Rick Krementz
    , contributor
    Comments (3126) | Send Message
     
    Segundo
    27 Mar 2014, 07:55 AM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    Regarding NS,
    It seems odd that NS would present with us at a conference in November, call us their partner in the Sustainability Report and then give us a boot in the tush so soon afterwards - at least from a hunter-gatherer point of view.
    27 Mar 2014, 08:00 AM Reply Like
  • greentongue
    , contributor
    Comments (974) | Send Message
     
    Not "boot in the tush" but "hush hush".
    27 Mar 2014, 08:20 AM Reply Like
  • Futurist
    , contributor
    Comments (2109) | Send Message
     
    I have asked myself the same question Metro. It makes no business sense to me that developing locos and rail yard slugs that save gas and pollutants are put on the back burner.

     

    I have to assume that all is well with the program. I say that because of the public hand shaking. I also assume something physical is wrong with putting the parts together. Thus no action.

     

    I guess a third scenario could be that secret testing is taking place and the large order is forthcoming. That would be the "Edward Snowden theory"
    27 Mar 2014, 09:25 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    Lead-acid batteries do not like sitting on a shelf because they start to deteriorate the moment they move from the formation room to the loading dock. While they have longer sell by dates than fresh vegetables, they can't sit on a shelf for more than a few months without suffering irreversible damage. For a large installation you want the batteries to be as fresh as possible when they go into service. Battery users know this and they time their purchases to avoid storage problems.

     

    I don't believe NS is so poorly managed and technically inept that they'd take delivery of the batteries without knowing when the batteries would be put to work. Since I don't think NS is stupid or wasteful but I know they're very publicity shy after the 2009 PR fiasco with the NS 999, I'm convinced the real work is going on someplace other than Altoona.
    27 Mar 2014, 10:05 AM Reply Like
  • Nicholas Chen
    , contributor
    Comments (2793) | Send Message
     
    I spent the last two weeks trying to wiring together and install a power supply I built and designed, mostly mechanical issues. I thought it'd only take a day or two. Building stuff doesn't follow timelines unless it's at the mass production phase.
    27 Mar 2014, 10:10 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    John, It'd almost have to be some stationary mock up. If it was out in the real world there would most probably be some comments or pictures on line titled WT heck is that?

     

    I'm in the something is happening and the NS 999 platform is no longer the lead unit camp.
    27 Mar 2014, 01:21 PM Reply Like
  • froggey77
    , contributor
    Comments (3266) | Send Message
     
    A reminder that in January TG said NSC was going to build the OTR locomotive. (on that local TV program.)
    If Axion had been kicked to the curb, I don't think TG could have been using their name.
    27 Mar 2014, 08:18 PM Reply Like
  • nogoodslacker
    , contributor
    Comments (1301) | Send Message
     
    froggey, whenever TG publically says something about a project, it seems to be the kiss of death that ensures the project will never go anywhere.
    28 Mar 2014, 09:27 AM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (4037) | Send Message
     
    "In one embodiment, a battery-toting locomotive is directly coupled with and positioned between two diesel-electric locomotives, wherein the batteries recover energy from regenerative braking and/or supply power to drive traction motors."

     

    The wording above only appears in the abstracts of the latest versions of the patents from Barbee/NSC (versioning is inscrutable to me actually, so I used filing dates and publication dates to create the series of patents/pubs through time) It comes from US 20130167752 A1 and US 8136454 B2.

     

    The following wording also appears in these documents for the first time and it suggestively occurs right after a mention of the problems with lead-acid battery strings:

     

    "Even with improved batteries having high level of charge acceptances configured in long parallel strings, the inherent physical and chemical characteristics of these batteries nonetheless limit the energy storage system's ability to recapture a high horse power locomotive's via braking power. For example, a six-axle locomotive may generate 4,000 horsepower from regenerative braking, however, even batteries with high charge acceptance rates typically cannot accept more than 1,000-2,000 horsepower even in multiple parallel strings for long braking intervals. As a result, excess regenerative energy is lost. Simply increasing the amount of batteries used in an energy storage system to recapture the excess power is not a viable solution, because of the large amount of weight additional strings of batteries add to the train's load. Specifically, the additional weight of long strings of batteries may result in a net inefficiency. Further, federal regulations limit the total amount of weight allowed on an axel of a railcar. Accordingly, there is a need to manage a locomotive's regenerative power generation over time (energy) in order to accommodate the physical and chemical characteristics of an energy storage system."

     

    In other words, even if someone were to fix the DCA short-comings of lead-acid batteries, which may in fact concomitantly improve string behavior, such as the carbon pasters or even the UBs, you may then encounter a weight problem when you increase the number of batteries to fully optimize the capture of regenerative braking energy.
    I don’t have the knowledge to break this down further, but it seems to me that they are increasingly setting up the embodiment of the invention to include larger strings of lighter PbCs, such as battery-toting OTR tenders which are charged by the diesels on other platforms and either drive off-platform traction motors or their own.
    In any case, since this is the first mention of the weight of a huge string of lead-acid batteries as a short-coming, I can see no other alternate purpose for it.
    29 Mar 2014, 03:25 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (4037) | Send Message
     
    btw, the latest two are also the only embodiments of the patents that include a mention of lead-carbon batteries.
    29 Mar 2014, 04:05 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (4037) | Send Message
     
    sigh, I have found that the first of the two statements I said only just appeared recently in the patent abstract was actually in the earliest(?) "version" US20100275810 A1, but subsequently disappeared.

     

    arrrrgh, they SHOULD have closed the patent office.
    http://bit.ly/1gNKu4M
    29 Mar 2014, 04:19 PM Reply Like
  • greentongue
    , contributor
    Comments (974) | Send Message
     
    Do you think that the PbC being lighter is a plus or that it was already considered in the "Specifically, the additional weight of long strings of batteries may result in a net inefficiency"?
    30 Mar 2014, 08:31 AM Reply Like
  • Patrick Young
    , contributor
    Comments (1947) | Send Message
     
    It sounds like the language about weight-to-power ratio refers mainly to the idea of putting all the batteries on a single locomotive, since they mention maximum-weight-per-axle (about 40 tons). However, as freight trains may weigh up to 20,000 tons loaded, the additional of a couple "battery cars" weighing a couple hundred tons each to achieve full recovery of the engine horsepower doesn't seem unfeasible to me.
    30 Mar 2014, 02:22 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    I think the size of the storage needs to be studied for the respective routes including things like speeds, topography, stops, consist sizes and their respective frequencies, battery capabilities and mass etc. These variables need to be imparted in a model to determine the sweet spots sizing the battery loco size(s) and number required to optimize the intended routes.

     

    This modeling would also generate the directions given to the engineer concerning speeds and other guidance to optimize things like fuel use and targeted time of arrival to optimize the entire system.

     

    This is directionally what I think GE and NSC are working on although I'm positive I'm not near qualified enough to even imagine all the information that needs to be imparted on the model and then generated along with the adjustments that need to be made real time during each trip. I think there are some teams having a blast working on this one!
    30 Mar 2014, 03:00 PM Reply Like
  • froggey77
    , contributor
    Comments (3266) | Send Message
     
    A bit of memory work here. There was a plan to make standard sized rail-cars with PbC in them. depending on the route and other needs; they would attach one or more Power Cars. PC for rails. This is as opposed to the yard slug where it is all one unit. (It says here.)
    30 Mar 2014, 09:26 PM Reply Like
  • Retired Aviator
    , contributor
    Comments (2856) | Send Message
     
    I had proposed a while back a theory that the exceptionally harsh winter might have caused NS to pull research guys off the 999 project to help with equipment breakdowns or track maintenance. One of our resident NS experts commented that he thought it a plausible explanation as 'emergency' shifts of manpower do happen in NS.

     

    He said the workers actually relished emergencies as the regulatory supervisors gave them a long leash then instead of the usual nitpicking oversight.
    30 Mar 2014, 09:31 PM Reply Like
  • Patrick Young
    , contributor
    Comments (1947) | Send Message
     
    When it comes to spooking potential investors who are looking at the company for the first time, nothing beats a CFO resignation.
    27 Mar 2014, 10:01 AM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (4037) | Send Message
     
    I think a lead PIPE would beat that in any room.
    29 Mar 2014, 04:03 PM Reply Like
  • hschindler
    , contributor
    Comments (27) | Send Message
     
    We seem to have a barrage of intelligent investors hanging around this concentrator(CFO or not). What we need is some momentum traders to shake things up and come after our shares.
    30 Mar 2014, 05:28 AM Reply Like
  • Patrick Young
    , contributor
    Comments (1947) | Send Message
     
    On the other hand, if we got one piece of good news... A utility sale for example, and to someone besides a boutique solar installer.
    27 Mar 2014, 10:07 AM Reply Like
  • Mr Investor
    , contributor
    Comments (3221) | Send Message
     
    It's still early, but what was broad selling has narrowed to only NITE (w/ ATDF doing it's usual 1/100 of a penny dance around the bid and ask). All the other MMs are well into the 16's.

     

    I added some down here.
    27 Mar 2014, 10:40 AM Reply Like
  • Mr Investor
    , contributor
    Comments (3221) | Send Message
     
    We had over 200k of quick buying push the price back up into the low 16's. Then NITE got tired of waiting and moved the ask back down a bit.

     

    Watching Level II the past couple days, clear to me that someone(s) been selling a lot thru NITE. No idea who it is or how many shares they have left. For the most part it looks managed to me, like someone's spending a lot of time following the trading and adjusting accordingly.

     

    Take NITE away, and to a smaller extend ATDF, and the selling appetite looks pretty weak.
    27 Mar 2014, 12:53 PM Reply Like
  • RBrun357
    , contributor
    Comments (821) | Send Message
     
    It has appeared that both NITE and a ATDF have been elbow to elbow at the pay window with NITE being just a little more agressive with the elbows!

     

    I am thinking that the PIPERs have not yet been exhausted of their shares.
    27 Mar 2014, 12:57 PM Reply Like
  • RBrun357
    , contributor
    Comments (821) | Send Message
     
    Also, both ATDF and NITE are on the bid side with .1541 and .1540 respectively.
    27 Mar 2014, 12:59 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3221) | Send Message
     
    RB, but NITE and to a lesser extent ATDF have often had much bigger offer sizes than when we were sure they we PIPE pipes. Also, early in the day, such presents, when executed, could easliy violate the 15% max rule. For those two reasons I'm guessing that it's some other seller for the most part. Can't tell who, though---Axionista whale taking some off the table, a mo player from a couple weeks ago taking profits, etc.

     

    But maybe it's simply a couple PIPErs speeding up the sales of their remaining shares.
    27 Mar 2014, 01:06 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    I won't be convinced the PIPErs are out of shares until I see FINRA short percentages in single digits. I may be interpreting the FINRA data incorrectly, but I suppose time will tell.
    27 Mar 2014, 01:08 PM Reply Like
  • RBrun357
    , contributor
    Comments (821) | Send Message
     
    Mr. I,

     

    I agree with most of your thoughts but I am not convinced that some of that pushing is not from PIPE residue! That stuff is hard to completely clean up and it takes time to rid all of the build up!
    27 Mar 2014, 01:33 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19531) | Send Message
     
    MrI: "selling appetite ... pretty week".

     

    That's deceptive though. It's been strong for several days now. Today continued it with the only real surprise being that price held up as well as it did.

     

    Three days (oldest to today)
    buy % ..... sell %
    57.79% 42.21%
    30.51% 69.49%
    29.31% 70.69%

     

    I could agree strongly with "buying sentiemnt held up well", which I think would be supported as price rises even as sell percentages attain the levels shown.

     

    I don't post this just as an exercise, but hope it helps better assess what's really happening. But it's only data, not knowledge and certainly doesn't tell the whole story.

     

    MHO,
    HardToLove
    27 Mar 2014, 05:19 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3221) | Send Message
     
    HTL, the full quote of what I wrote is, "Take NITE away, and to a smaller extend ATDF, and the selling appetite looks pretty weak."

     

    IOW, NITE and ATDF are doing the lion's share of the selling, based on what I've seen watching Level II all day long the past two days. The other folks haven't been selling much at all, except for very early today. When all four PIPErs were selling, we also saw ARCA (usually taking the lead) and one other MM who I forget. Now we're down to two uglies then a big gap to just about everyone else.

     

    FYI, I wrote a comparison of today's trading to the day we learned Trego resigned---see far below. Very similar. I suspected that might happen, which is why I added today at about 1.5 cents below yesterday's close.

     

    Encouraging, but hey, it's only a day.
    27 Mar 2014, 07:03 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19531) | Send Message
     
    MrI: I recognize what you wrote about NITE and ATDF, but since ATDF has always been the most active, pre and post-piper (if that's where we are), and NITE has been relatively very active since the PIPE, I'm not sure we would want to try and judge by taking them out of consideration.

     

    That would be similar to taking all the bigger volumes out of my EOD stuff, leaving only the exceptional items, and trying to assess results from that.

     

    However I do see what is highlighted - the other MMs that had been more active than their normal pre-PIPE behavior are less aggressive on the sell side now.

     

    HardToLove
    28 Mar 2014, 07:04 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    Until recently, we had four PIPE investors who could each represent 15% of daily trading volume. Since the sell side on the OTC can't represent more than 50% of total volume over any appreciable period of time, we basically had a situation where four big dogs who each wanted 15 pounds of meat a day were fighting each other over a total of 50 pounds while cooperating in an effort to keep the competing species (retail sell-side) away from the prize. As soon as the first big dog left, the prize was more than the three remaining big dogs could eat or protect.

     

    With the price surge at the beginning of the month I think the competing species got more aggressive and the remaining big dogs decided that a couple pounds less meat at a much higher price was better for them.

     

    While my interpretation could be wrong, I believe the reported FINRA shorts are a good proxy for stock sales by the big dogs and the market maker behavior you focus on is less significant. That's why I keep looking for a big drop in the FINRA short percentage as an indicator that all the big dogs are gone. We saw a drop into single digit percentages at the beginning of last year when the 2009 shares were finally absorbed. What I'm looking for is a pattern where history rhymes.
    28 Mar 2014, 07:48 AM Reply Like
  • Mr Investor
    , contributor
    Comments (3221) | Send Message
     
    JP,

     

    I think Level II can and does, at least sometimes, add very useful info. For example, ARCA started becoming much less aggressive a little in advance of the recent price surge. Having what IMO turned out to be a leading, actionable indicator is a holy grail of investing. I used it as part of my decision to buy back in at 9-10 cents. Not saying it was the only factor at all, just one that actually helped.

     

    The SHO short report data is much more confusing to me, as you and HTL can't even agree on what the SHO short report numbers represent.

     

    This is how I rank the importance of a some of AXPW's recent stk mkt activity data:

     

    1) your calc's estimating when the PIPErs would be done.

     

    2) Level II activity by what I think are/were the PIPErs usual MMs, in order from most aggressive to least: ARCA, NITE, ATDF, and the 4th I can't remember, but that's ok because they were least consequential.

     

    3) the SHO short reports.

     

    4) TA. IMO TA's day will come when AXPW is a mature stk. We're just not there yet.

     

    Of course, everyone is free to pick and chose among these choices and more, and rank them however they want. Nice to have choices. This blog's been very helpful in that.
    28 Mar 2014, 10:14 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19531) | Send Message
     
    MrI: One additional thing crossed my mind that's easy to overlook regarding the buy:sell meanings.

     

    The "sells" are trades where the bid was hit and do not necessarily correlate strongly to what activity we see on the asks.

     

    The asks did, and still do, give very useful information. But for *me*, those stepping around the asks to hit the bid being in preponderance seems much more impactful in price behavior, overall, in the current (and prior) environment than what we see on the asks might suggest.

     

    Ditto when we see buyers step around the bids, as was seen back in Nov. '12 when the grind up started.

     

    MHO,
    HardToLove
    28 Mar 2014, 10:42 AM Reply Like
  • RBrun357
    , contributor
    Comments (821) | Send Message
     
    Mr. I,

     

    The same thing again today with NITE pushing to the front of the line with ATDF right behind. Together they are stopping any advance.
    28 Mar 2014, 11:00 AM Reply Like
  • Mr Investor
    , contributor
    Comments (3221) | Send Message
     
    HTL, the reason I isolated the selling activity of NITE and ATDF is that it helps give a glimpse into a post-ugly world. Yet another rally was halted by those two today (yep--RB!). Of course they are currently the reality, by what does the mkt look like when they're gone, which is prob soon if they are PIPErs. Today, the answer per Level II, like a lot of other recent days, is we prob quickly rise to the 18's then back to 20 or more. The retail MMs ETRF and CDEL, for example, are at 18 and 19.3, respectively.
    28 Mar 2014, 11:03 AM Reply Like
  • RBrun357
    , contributor
    Comments (821) | Send Message
     
    If only we knew how many shares NITE and ADTF had to unload yet??

     

    There is also BNCH sneaking in there with 5,000 shares offered at $.1795.
    28 Mar 2014, 11:11 AM Reply Like
  • Mr Investor
    , contributor
    Comments (3221) | Send Message
     
    RB, we should get a pretty good idea from the 10-K late Monday and comparing those numbers to JP's spreadsheets.
    28 Mar 2014, 11:19 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    My theory on the daily FINRA short reports is that the bulk of the reported short sales are restricted securities that have to go through additional back-office procedures before the market maker has good delivery.

     

    All of the 2009 investors got restricted stock in the offering which means that even after the resale registration statement went effective, the formality of an opinion of counsel was required to remove the restrictive legend before the seller could make good delivery to a market maker.

     

    The 2012 investors bought shares that were registered on Form S-3 before the offering. So they would have gotten clean stock certificates to begin with and the FINRA short data wouldn't be impacted one way or the other.

     

    The PIPErs bought restricted notes in connection with their original purchase and should have received restricted paper when the payments were made. Like the 2009 offering, I think their sales should be reported as short-sales until all back-office work is finished, although it looks like a couple of them found a way to skirt that particular complication.

     

    From January 2010 through April 2013, the cumulative reported FINRA short volume was 59.6 million shares. I think 45 million of those shares came from the 2009 investors, 9 million came from Quercus and 3.5 million came from other legacy holders that would have had to clear back-office processing.

     

    Since June 4, 2013, the cumulative reported FINRA short volume was 52.5 million shares, or just about half the number of shares I believe the PIPErs have received and sold.

     

    It's just a theory, but it does tie to my experience with how market makers behave when they're dealing with sub-$1 OTC securities.
    28 Mar 2014, 11:35 AM Reply Like
  • obieephyhm
    , contributor
    Comments (1591) | Send Message
     
    out of curiosity, do you stay up nights thinking up these anologies, do they come to you as your write or is the one of the perks of having been a lawyer for so long?

     

    (no snark intended . . . I find your analogies fascinating . . .)
    28 Mar 2014, 01:07 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    Sometimes apt analogies can be very useful, particularly when they bring to mind a memory of something that we've all seen on TV. I've used this one a couple times before. I think they're more useful as a blogger's tool than a lawyer's tactic.
    28 Mar 2014, 01:59 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19531) | Send Message
     
    RBrun: Keep in mind that NITE and ATDF serve a lot of different brokers - they are both MMs that many broker/dealers might use for their orders.

     

    For example, PY posted that NITE services his orders.

     

    I highlight this *only* because it is so easy to assume that when PIPers go we would see NITE get less aggressive. Barring other factors that may be completely true. But if some other factor, such as price range rising to a point of substantial profit (e.g. the recent $0.18-$0.23 area), NITE could remain just as aggressive as with the PIPErs.

     

    The same could hold for a price range, or time of hold, that exceeds the maximum pain threshold of some larger longs.

     

    Further obscuring transparency is that some brokers or dealers may use multipl MMs, as does ETrade when they don't handle them in-house (that will stop when the sale of their MM unit completes).

     

    I am *not* discounting the utility of these indicators, just saying don't get too focused on them in isolation.

     

    MHO,
    HardToLove
    29 Mar 2014, 06:51 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    For a long (long) time the boosters and the naysayers have agreed upon one thing on these APCs: Axion needs recurring sales, and "substantial" sales. Everything else is secondary...

     

    And that includes the future plans of the soon to be ex-CFO.

     

    I am still fascinated by some of the hints that tell me that TG MIGHT (just might) come through with what he promised us months (years) ago. This time...

     

    So its a gamble based upon wisps of data and clouds full of speculation, all about sales.
    27 Mar 2014, 10:49 AM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    >tripleblack ... Hints? Where did you possibly find such a thing?
    27 Mar 2014, 10:56 AM Reply Like
  • D. McHattie
    , contributor
    Comments (1844) | Send Message
     
    Or solid visibility into sales, Trip. Solid expectation of future sales. But yes, sales.

     

    D
    27 Mar 2014, 10:59 AM Reply Like
  • Patrick Young
    , contributor
    Comments (1947) | Send Message
     
    Someone needs to ask TG about the battery terminals. "Tom, on February 24, 2013 you accepted shipment of 1 ton of battery terminals. Even if you can't say who or what they were for, can you say how many batteries can be built from that, are they for PbC, and are you building them now?"
    27 Mar 2014, 11:19 AM Reply Like
  • Mr Investor
    , contributor
    Comments (3221) | Send Message
     
    PY, 10 tons (20,700 lbs gross weight), and the US port arrival date was 2/24/2014, but I hear you. ;^)

     

    http://bit.ly/1g2RL0o
    27 Mar 2014, 11:30 AM Reply Like
  • nogoodslacker
    , contributor
    Comments (1301) | Send Message
     
    PY,
    Or just simply ask them, what is their current order backlog? Don't need to violate any NDA's to answer that one. You might not like the answer, though.

     

    Other questions:
    -Last summer it was stated that Multilink would offer PbC-equipped power supplies. When can we expect to see the PbC battery offered in Multi-link's power supply catalog?

     

    -Last summer you projected to announce significant sales before the November conference call. It is now 4 months after the fact. Can you give us an update on the nature of those significant sales, whether they would be recurring sales, and when they might actually occur?
    27 Mar 2014, 11:31 AM Reply Like
  • JohnM121
    , contributor
    Comments (519) | Send Message
     
    It's a valid question about battery terminals. Here is the answer I expect:

     

    The toll contract involves purchases of components from third parities. The most timely and cost-effective path in this case is to have those components delivered directly to the location where they are used.
    27 Mar 2014, 11:31 AM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Yes a "hint". Maybe involving a "wisp" of a "substantial" order or three...

     

    Then we could say it was "recurring".

     

    Oh well. Maybe it will all work out.
    27 Mar 2014, 11:42 AM Reply Like
  • WayneinOregon
    , contributor
    Comments (1110) | Send Message
     
    NGS> " It is now 4 months after the fact."

     

    Not to quibble, but it's actually been 7 1/2 months since TG's August 15th projection of significant sales within three months.
    27 Mar 2014, 12:22 PM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    >WayneinOregon ... That's a little nit-picky. We've still got 12 or so years before the PbC starts becoming an open commodity. We've just got to give the potential customer base a little time.

     

    Look at such a "break-through" such as NatGas for rail service fuel. It has been tested & evaluated since 1988 and still not in service. What's the rush for batteries?
    27 Mar 2014, 12:45 PM Reply Like
  • gezeke
    , contributor
    Comments (28) | Send Message
     
    This is an order for batteries - not lead electrodes!
    Look closely at the description -written for someone who may visually inspect contents.

     

    DRY BATTERY(LEAD ACID BATTERY LEAD TERMINALS PLASTIC PCS RUBBER CAP)THIS SHIPMENT CONTAINS NO WOOD PACKAGING MATERIALS

     

    It says- you should see dry batteries - that look like lead acid batteries (w/) lead terminals (w/) plastic pieces (and) rubber cap (on lead terminal) Many batteries now have built in plastic handle for easy handling. Perhaps the reason for 'plastic pieces'.
    27 Mar 2014, 01:31 PM Reply Like
  • gezeke
    , contributor
    Comments (28) | Send Message
     
    Sorry, just noticed this is an import, not export...so internal components for battery before assembly. Keep in mind the 'electrode' is generally attached to an infrastructure of lead that hides inside the battery. The electrode is like the 'tip of the iceberg' concerning the quantity of lead used to connect plates.
    Sorry for the misinterpretation. Also THANKS to MInvest for the actual shipping info.
    27 Mar 2014, 01:36 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3221) | Send Message
     
    gezeke, no problem, I just copied the link CoryM provided back in Concentrator 315.

     

    iinde, u kinda recalled seeing a similar import manifest previously, as in a year or two ago or something---do you or anyone else have that? If so, and it's also of large weight, then I suppose that probably implies non-PbC parts given the relatively small sales to date.

     

    That being said, I'm looking forward to Maya's speculation on what the recent shipment represents. Then Tues morning seeing if TG will add some color/explanation.
    27 Mar 2014, 02:01 PM Reply Like
  • blauschuh
    , contributor
    Comments (430) | Send Message
     
    I believe it was 9/2012 and the shipment was for 14,xxx kgs.

     

    http://bit.ly/OYvG7I
    27 Mar 2014, 02:18 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3221) | Send Message
     
    Thx blauschuh (blue shoe?). Do we know the contents? Sorry for my laziness, just figured if someone already knows, that would save time.
    27 Mar 2014, 02:40 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11198) | Send Message
     
    Mr I: My conclusion about the terminal shipment is that it was a mass quantity buy at discount (as others here have intimated), and Axion will going forward use the terminals on a as needed basis.

     

    My curiosity is still in limbo as to why Axion buys these terminals from an outfit in China. The only thing I can come up with is that the terminals are not entirely made of lead, but also of some super secret conductive REE, either mixed in with the terminal, or maybe rather that the terminal is coated with an REE to meliorate the speed of how fast electrons can be absorbed or dispensed by the PbC.

     

    With China still controlling around 90% of the world's REE trade, OPEC-like, maybe the only place in the world that the terminals can be presently made, is in China. I just don't know what to think of about how Axion is depended upon China to make their PbCs.

     

    I'm about 80% sure that the terminals are for making PbCs, and not destined for the TurboStart battery for antique and muscle cars. Further, I doubt they are for the toll contract with East Penn. Most certainly East Penn makes their terminals in-house, and would supply the terminals in conjunction with the terms of the toll contract.

     

    I've never done a whole lot of research in Axion's TurboStart division. A couple of days ago, I poked around the website, but couldn't come up with any sales numbers. It's something I would like to know more about.

     

    Another (admittedly weak) angle to this rather large purchase may be geopolitically motivated. If China decides to pull a Putin, and do some land grabbing in the South China Sea, and our POTUS decides to slap on some trade restrictions, well...that would motivate me to stock up just in case.

     

    Not exactly parallel, but didn't Axion import some activated carbon from Japan not long after the Fukushima event?
    27 Mar 2014, 02:40 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Mr. I, I use the following site. I searched for "Axion". You can see on pages 1 and 2 they have received various shipments under different derivations of their name.

     

    http://bit.ly/1kmqTHY
    27 Mar 2014, 02:41 PM Reply Like
  • blauschuh
    , contributor
    Comments (430) | Send Message
     
    further googling....

     

    from:
    http://bit.ly/1jacj6C

     

    2012/09/27Battery Non-dg(lead Acid Battery Lead Terminal) This Shipment Contains No Wood Packaging Materials

     

    2013/07/31Dry Battery(non-haz)( Lead Acid Battery Lead Terminal Plastic Pcs) This Shipment Contains No Wood Pa...

     

    Appears to be the same shipment description. Also, it appears from this latest link that there was also a shipment in 2013.
    27 Mar 2014, 02:44 PM Reply Like
  • blauschuh
    , contributor
    Comments (430) | Send Message
     
    I originally thought that these "plastic pieces" may have been some kind of shipping/tray system to keep the terminals from clanking around. Perhaps one half of the terminal lodged in the tray, the other half exposed and covered with a rubber cover, as lead damages easily, and just lumping a bunch of terminals in a box would cause them to be damaged/marred during shipment due to the malleability of lead.
    27 Mar 2014, 02:49 PM Reply Like
  • blauschuh
    , contributor
    Comments (430) | Send Message
     
    2012/09/27 Tianjin Myxz Export&import 14496.0 KG Battery Non-dg(lead Acid Battery Lead Terminal) This Shipment Contains No Wood P...

     

    2012/04/15 Tianjin Myxz Export & Import Trade 8649.0 KG Battery Case(lead Acid Battery,brass Bolt, Charger,plastic Sheet) This Shipment ...

     

    2013/07/31 Tianjin Myxz Export&import Trade 9446.0 K Dry Battery(non-haz)( Lead Acid Battery Lead Terminal Plastic Pcs) This Shipment...

     

    2011/05/23 Tianjin Myxz Export Import Trade 6492.0 KG ------------ Cmau2100430 Description--------- Lead Acid Battery Brass Terminals ...
    27 Mar 2014, 03:12 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Blauschuh, I might look at having the same plastic part that protects the customer interface when built into a battery as terminal shipping dunnage as well, protecting the fragile surfaces. The rest might be protected enough base on packaging them tightly such that they can't bang around. Might also investigate pouring the lead terminals in matrices that are the broken apart at the user. These multi-terminal matrix "assemblies" might fare better in shipping such that they stay oriented/nested and can be packaged consistently. Many things to investigate to reduce shipping costs but we'd have to know specifics in many areas to choose the best path for cost and quality.

     

    I've danced this dance many times. :-I
    27 Mar 2014, 03:30 PM Reply Like
  • Mathieu Malecot
    , contributor
    Comments (1290) | Send Message
     
    Pretty much. where it's from is as important as where it's going.
    27 Mar 2014, 06:50 PM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    "We've just got to give the potential customer base a little time."

     

    DRich ... I got a chuckle out of this comment. Funny how people look at time differently.
    28 Mar 2014, 12:18 AM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    Mr. I -

     

    Then Tues morning seeing if TG will add some color/explanation.

     

    Seriously? ... you've been around here too long.
    28 Mar 2014, 12:19 AM Reply Like
  • Mr Investor
    , contributor
    Comments (3221) | Send Message
     
    Stefan, if someone asked what these shipments are for, he just might explain, at least a little, e.g., they're for the _____ batteries mostly. AFAIKR, no one's asked yet.
    28 Mar 2014, 01:08 AM Reply Like
  • ARGE
    , contributor
    Comments (724) | Send Message
     
    Mayascribe, RE: "super secret conductive REE".
    Or it could be that the only other place they could get cost effective, recycled lead, terminals was from Exide and they did not want to do business with them if they could help it, given the history.
    28 Mar 2014, 08:39 AM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (4037) | Send Message
     
    One thing seems certain to me: Axion Power is definitely NOT making their batteries from wood!
    28 Mar 2014, 05:15 PM Reply Like
  • Patrick Young
    , contributor
    Comments (1947) | Send Message
     
    This is what 1000 shipping containers looks like: http://bit.ly/1iDZUqS

     

    A similar structure composed of PowerCubes could provide both 1 GW of demand response power for 30 minutes and 100 MW of load shifting power for 10 hours.

     

    1 million batteries = 300 million dollars = fraction of the cost of similar sized natural gas peaker plants
    27 Mar 2014, 11:40 AM Reply Like
  • Patrick Young
    , contributor
    Comments (1947) | Send Message
     
    To end fossil fuel burning we must:

     

    Switch baseload generation from coal to nuclear (next gen, inherently-safe molten salt thorium-breeder-reactor).

     

    Make up the difference from nat-gas and oil and meet demand fluctuation with a combination of distributed renewables and battery frequency-reg and load shifting.

     

    Motive power is more difficult:

     

    Ultimately, trains should be electrified by the track itself and deceleration would feed directly into the grid.

     

    Passenger vehicles may be powered either by batteries (expensive) or by hydrogen fuel cells.

     

    Fully electric trucks and service vehicles, as well as planes and ships are probably impractical, so hydrogen fuel cells are probably the best longterm solution.

     

    In any case, with either, gas-turbine, ICE or fuel cell, a hybrid drive train is still beneficial, and would require a PSOC battery.

     

    Even if natural gas is used in a methonal-fueled cell, it should be relatively easy to capture the CO2 stream from the reaction and use part of the drivetrain power to compress and store it on board until the next refeuling when it is transferred back to the fuel station for reselling or sequestration.

     

    As far as the market for PbC in 2050, I see it mainly in two areas:

     

    The larger and more exciting is the parallel growth in solar/wind use and the need for frequency regulation. (hundreds of GW's)

     

    The other is in providing on-board management of a hybrid drive-train no matter what fuel is behind the generator. (millions of vehicles).
    27 Mar 2014, 12:36 PM Reply Like
  • gezeke
    , contributor
    Comments (28) | Send Message
     
    PY - a very good list. I agree. The only major problem I see is lack of foresight from CEOs and elected officials. Short-term incentives like pay bonuses and re-election, respectively, keep us from moving forward unless stockholders/voters exert clear & forceful direction (with consequences) for these leaders.
    27 Mar 2014, 01:09 PM Reply Like
  • ARGE
    , contributor
    Comments (724) | Send Message
     
    So what does a NG peaker plant cost?
    I am with you on the LFTR, estimated cost from proof of concept is a $B, the benifits are are in the $Ts.
    27 Mar 2014, 02:02 PM Reply Like
  • Patrick Young
    , contributor
    Comments (1947) | Send Message
     
    http://bit.ly/OYtVHD

     

    Half of vehicle models will have start-stop in 2021.
    27 Mar 2014, 02:08 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    PY, I'm in the camp that says that if you ignore this you failed. Your list is important but this IMO must be a part of any sustainable solution.

     

    UC Berkeley Professor: A Condom Per Day Keeps Climate Change Away

     

    http://bit.ly/1dCrSnV
    29 Mar 2014, 12:36 AM Reply Like
  • Patrick Young
    , contributor
    Comments (1947) | Send Message
     
    iindelco-

     

    Conservation is not going to work. Even if populations slowly decline, try telling the ~6 billion people on the planet that don't yet have personal computers and air -conditioners that they're not allowed to have them.
    29 Mar 2014, 11:25 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Patrick, Agreed. I'm saying that the planet will not support the population we have today and it's continuing to grow. We need to figure out some way to reduce the population over time to a more rational level or we can wait for the old fashioned methods to appear at random. The latter events have historically not been so kind.

     

    Irrespective of the above, creativity to support a sustainable population, with all its wants, will still be required and we'll need all the solutions we can get.

     

    I fear we are mold on bread and the baker retired.
    29 Mar 2014, 12:01 PM Reply Like
  • greentongue
    , contributor
    Comments (974) | Send Message
     
    "A Condom Per Day" while effective in "culling" the wise, those that remain will still proliferate. It doesn't resolve the issue it just changes the makeup of the remaining population.

     

    What we need is an increase of resources. There is an entire universe to expand into but we are too busy acting like "crabs in a bucket."
    29 Mar 2014, 03:15 PM Reply Like
  • Patrick Young
    , contributor
    Comments (1947) | Send Message
     
    >greentongue I totally agree. Malthusians are always proven wrong. If i were Bill Gates, and wanted to make a lasting impact on humanity, I would put my money into funding research on wormholes and faster-than-light travel.
    30 Mar 2014, 02:29 PM Reply Like
  • AlbertinBermuda
    , contributor
    Comments (872) | Send Message
     
    There is usually lots of chatter leading up to the end of quarter with most negative comments aimed at our CEO.

     

    Axion has remained solvent for a decade. Very few sales but the product has grown and is now ready for the market to use.

     

    TG has been on the record promising sales which as of yet apparently have not materialized.

     

    The product works, no one disputes that. It is not a panacea but it does satisfy the requirements of several niches in a broad spectrum of battery applications.

     

    TG's job is to nurture Axion and to make it a success. He serves at the pleasure of the board. The board, in theory, represents the interests of the shareholders. Any concerns that shareholders have should be addressed to the board.

     

    TG has skin in the game as an employee, a shareholder and a holder of options. His interests in my opinion are aligned with the rest of us shareholders. I cannot imagine TG willfully misleading shareholders. If sales were on the horizon but have failed to materialize or have simply been pushed off into the future there is little that he can do about that. Yes of course it would be nice to have a shareholder update letter but in my experience those are few and far in between.

     

    We will hear what he has to say next week. Some of us will buy or sell based on what we hear. I suspect that most will do nothing.

     

    Personally, I have the resources to buy more but will not without very good sales announcements. Regardless of the CC I will not sell as I believe in the product.
    27 Mar 2014, 12:34 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3221) | Send Message
     
    Then after the longest wait of the year for the YE conf call, nice to have the next one only 6 weeks after that.
    27 Mar 2014, 04:34 PM Reply Like
  • Charlieburg
    , contributor
    Comments (49) | Send Message
     
    Does anyone know if NSC has a shop in Carlisle PA?
    27 Mar 2014, 01:08 PM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    >Charlieburg ... AFAIK Norfolk doesn't have shop facilities or even fueling racks in Carlisle, Pa. (or anywhere close by). They do have a Crescent Corridor intermodal terminal nearby in Harrisburg

     

    http://bit.ly/OYtYDf

     

    Nearest small loco shop is in the sorting yard at 218 N Enola Rd, Enola, PA (Google Earth) where maintenance, like bearing, truck, engine & fueling, is done. Not a major repair shop.
    27 Mar 2014, 02:09 PM Reply Like
  • Charlieburg
    , contributor
    Comments (49) | Send Message
     
    Thanks DRich!

     

    I thought I had read in a PA. newspaper (online) they were going to do the work on the new electric loco in a location different than Altoona. Carlisle was in my brain but, it appears I was incorrect!
    27 Mar 2014, 04:22 PM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    >Charlieburg ... Long ago & far away (October 3, 2012) the local New Castle News ran an article siting the test facility of the NS999 outfitted with Axion PbC's being in Neshannock Township. It is true that Norfolk has a very small classification yard with a very small loco maintenance shop Northwest of New Castle out in the township.

     

    http://bit.ly/Rdk1NC

     

    It is a possibility ... just not likely. Those pesky railfans would have spotted it by now but anything remains in the realm of the possible.
    27 Mar 2014, 05:14 PM Reply Like
  • gezeke
    , contributor
    Comments (28) | Send Message
     
    If, as some suggest, the shipping container described in MrI's copy of 'bill of lading' contained only lead electrodes - a quick calculation shows that the shipping container contains only ~2% product. A very inefficient shipment regarding product and space. I suggest that the shipment may in fact be 'dry battery'...perhaps all battery components - less C plates- to assemble the AXION PbC battery. These components may be proprietary to an asian company - thus AXION ships the completed product back OR as most of us initially thought, parts made to AXION's specs for future axion sales. There is just too much space in this container IF it contains only lead electrodes.
    27 Mar 2014, 03:39 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11198) | Send Message
     
    gezeke: What quick calculation?
    27 Mar 2014, 03:46 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Containerized shipments are based upon weight most of the time, though volume does affect the size container utilized.

     

    In this case it was a rather small container (20'), but the weight was sizeable (over 20k pounds). Lead components are one of the heaviest loads/volume.
    27 Mar 2014, 03:52 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11198) | Send Message
     
    Trip: Agreed. A 20 foot shipping container weighs around 2.5 tons.

     

    --Limit Weight

     

    Several visitors to this website asked me how much 20' container weight limit is. Here's the answer: max gross weight of 20’ container is 24 tons including weight of container itself and cargo loaded inside. That limitation is stipulated in ISO 668:1995.

     

    http://bit.ly/OYQa08

     

    ####

     

    So at 20,700 lbs, Axion is only using about half of the maximum weight that can be shipped in a single 20 foot container. I'm not sure about the rules of high seas shipping, but I would imagine that another shipment from another company could also be involved with the same container.
    27 Mar 2014, 04:11 PM Reply Like
  • blauschuh
    , contributor
    Comments (430) | Send Message
     
    If I recall there was mention of "9 PCS". Does anyone have the link that shows this? Maybe it's my imagination.

     

    If this was a pallet count then a 2x4 layout of pallets would be around 8' x 16' in the container, with a little bit extra to squeeze in the 9th pallet.

     

    I would imagine that a whole heap of lead would not be stacked that high for fear of it toppling over during shipping.
    27 Mar 2014, 04:36 PM Reply Like
  • blauschuh
    , contributor
    Comments (430) | Send Message
     
    Found it ... It's listed as 9 CTN. I'd imagine this is actually pallets.

     

    http://bit.ly/1g2RL0o

     

    Number of Pieces

     

    9 CTN
    Gross Weight

     

    9389 KG
    27 Mar 2014, 04:48 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    CTN stands for "carton".
    27 Mar 2014, 04:55 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19531) | Send Message
     
    At ~2.2lbs/kg, those are some heavy "cartons".

     

    I'm thinking it's more like those plastic/metal boxes you see forklifts moving around.

     

    HardToLove
    27 Mar 2014, 05:03 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    I've seen them use containers like this for bulk shipping w/o a return loop. The corrugated can be pretty sturdy having significant burst strength. Also separators and smaller internal containers, while adding cost, can also be utilized if necessary. The large external container is fastened to the pallet to prevent it from sliding off as this might compromise the bottom of the container. Fully packing out the seatainer also really adds significant strength to the entire load vs discrete cartons .

     

    http://bit.ly/1foZj8J
    27 Mar 2014, 05:16 PM Reply Like
  • blauschuh
    , contributor
    Comments (430) | Send Message
     
    Yes, but they probably aren't true cartons...I'd imagine each "Carton" is probably a bunch of smaller containers with a stacked mound of terminals. Those are then lumped onto a pallet and then that is surrounded by a few layers of heavily strapped cardboard and shrink wrap.
    27 Mar 2014, 05:20 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19531) | Send Message
     
    Iindelco: I've also seen those cardboard ones used for aluminum blanks. As long as the forklift driver didn't skew a stack they held up well. Soon as any leaning got started they had a tough time.

     

    I'm suspecting that for lead stuff they would have to be quite a bit stouter. Maybe more layers of "walls" or something.

     

    HardToLove
    29 Mar 2014, 06:57 PM Reply Like
  • gezeke
    , contributor
    Comments (28) | Send Message
     
    Pure lead is approx. 312kg/cuft. Container is 1280 cuft. Container filled with PB is ~400,000kg. Shipment is actually ~9000kg. 9000kg/400000kg=~2.2%
    27 Mar 2014, 04:01 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19531) | Send Message
     
    Wednesday's EOD stuff.
    03/26/2014: EOD stuff partially copied from the blog (up now).
    # Trds: 130, MinTrSz: 9, MaxTrSz: 100000, Vol: 1410109, AvTrSz: 10847
    Min. Pr: 0.1640, Max Pr: 0.1750, VW Avg. Tr. Pr: 0.1702
    # Buys, Shares: 50 430192, VW Avg Buy Pr: 0.1713
    # Sells, Shares: 80 979917, VW Avg Sell Pr: 0.1697
    # Unkn, Shares: 0 0, VW Avg Unk. Pr: 0.0000
    Buy:Sell 1:2.28 (30.51% "buys"), DlyShts 496517 (35.21%), Dly Sht % of 'sells' 50.67%

     

    The average of the lowest 20 VWAPs times 80% today is $0.0792 vs. $0.0784, $0.0777, $0.0773, $0.0769, $0.0767, $0.0766, $0.0766, $0.0765 and $0.0764 on prior days. 80% of today's VWAP is $0.1361 vs. $0.1359, $0.1353, $0.1363, $0.1339, $0.1354, $0.1376, $0.1361, $0.1284 and $0.1285 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 0.61%, -1.69%, 0.16%, 123.71% and 90.54% respectively. Price spread today was 6.71% vs. 9.20%, 11.11%, 6.06%, 4.87%, 12.84%, 10.43%, 11.05%, 6.33% and 16.67% on prior days.

     

    A couple exceptional trades affected a few of these metrics today. First, at the open a 456 share trade at $0.1640 set the low of the day. The next lowest price seen was, again, $0.1650 and occurred at quantity. At 13:35 a trade of 645 shares at $0.1750 established the high of the day. The next highest price was, again, $0.1749 for 3K shares at 09:43, followed by $0.1740 which had some quantity. Discarding these three trades, ...

     

    The larger trades (>= 15K) occurred on 26 of the 130 trades, 20.00%. These 829,995 shares were 58.86% of day's volume, and traded at a VWAP of $0.1705. 8 of these ...

     

    Everything continues to look like consolidation for now. It's gone long enough ...

     

    As with yesterday's concern that volume was higher on a down day, today repeated that. Volume more than doubled yesterday's as our high and close were lower and VWAP moved up only 0.16%.

     

    The rest is here in the blog.
    http://seekingalpha.co...

     

    HardToLove
    27 Mar 2014, 04:07 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    I must admit to being surprised concerning the trading today. I was shocked at the strong open w/ volume and I was equally shocked we held 15 cents. Pretty good volume for those that wanted out based on the CFO news offset by those hoping for some positive cc details. All in all I'm, err well, surprised!
    27 Mar 2014, 04:36 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    I attribute the volume to the CFO announcement. I also attribute the price drop bouncing off a bottom to the CFO announcement. I attribute the price support to the upcoming CC and hope of "substantiality".

     

    The Axionista herd is living on hopium these days, and to my mind is beginning to resemble photographs of the liberation of Nazi death camps from the end of WWII...

     

    TG tossing out a Hershey bar, er, news of a "substantial order" might ignite a riot.
    27 Mar 2014, 05:03 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19531) | Send Message
     
    TB: "might ignite a riot"

     

    LoL!

     

    That captured my imagination!

     

    HardToLove
    27 Mar 2014, 05:07 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    TB, Very good, we're in agreement. I did expect a softer price at the open and lower lows due to the CFO news though.

     

    Next up. The bouncy shoe cricket event.
    27 Mar 2014, 05:57 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3221) | Send Message
     
    iinde, last night I went back to Trego's resignation as CFO, to see what happened to the stk price, thinking that it might serve as a comparable. Posted what I found on the last Concentrator. Turns out that today's trading was pretty darn comparable---last time we ended down about 1/2 cent after being down as much as 1.5 cents, on a bit less than twice the previous day's volume. Today we ended down about 3/4 cent after being down as much as 1.6 cents, on volume roughly 50% higher than yesterday.

     

    There the comparable ends, though, IMO, as after the close last time, Tom Conrad announced he chose AXPW. The following day the price rose over 2 cents. Despite all the pain we've endured, we're a resilient bunch.
    27 Mar 2014, 06:47 PM Reply Like
  • Nicholas Chen
    , contributor
    Comments (2793) | Send Message
     
    I'd say it shows that there are far more Axionistas reading these Concentrators than not. Which means any real good news should see this stock fly with less pullback than other pennies.
    27 Mar 2014, 07:07 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Mr.I, Thanks for sharing your comparative research effort. It is interesting they were pretty close in the effect in both cases. Shows I was wrong in my expectations. Could in fact be the Axionista resilience.
    -
    Ranma, agreed. But we get so little.
    27 Mar 2014, 07:12 PM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    TB - Been talking about getting my head slapped for awhile ... Put up or shut up.
    28 Mar 2014, 12:29 AM Reply Like
  • Nicu Mihalache
    , contributor
    Comments (1073) | Send Message
     
    "Despite all the pain we've endured, we're a resilient bunch."

     

    This is not far from N. Taleb's recent tweet:
    "The main characteristic of a trader is a capacity to take a lot of pain without enjoying it."
    28 Mar 2014, 05:47 AM Reply Like
  • Mayascribe
    , contributor
    Comments (11198) | Send Message
     
    Okay, you fantastic "sluethers," knocking around the I-Net today, I learned that the POTUS (well, the EPA) shut down the last US lead smelter last year. Some believe it was a back door way to increase the cost of ammunition (which apparently failed).

     

    Does this now mean that Axion has to import lead bars from a Canadian smelter like General Smelting or Metalex? Or, maybe from a Mexican lead battery recycler? And if so, shouldn't there be an import bill of lading for the importation of lead bars?

     

    Does anybody attending the 2013 SC recall pallets of lead bars at the Clover Leaf facility like I saw back in 2011?

     

    Gotta go find my snoop hat.

     

    ####

     

    Indy, I suspect the Axionistas were the buyers providing support today. I didn't partake, though tempting it was. For now, I have enough shares until Tuesday.
    27 Mar 2014, 05:06 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (4037) | Send Message
     
    From East Penn website:
    http://bit.ly/1lcZKri

     

    "These facilities include our modern U. S. EPA permitted lead smelter and refinery and recycling center where we recycle virtually 100% of every used lead-acid battery returned to us. Thank you for visiting our site. Please contact us with any questions."

     

    The sustainability report gives more details.
    29 Mar 2014, 12:04 PM Reply Like
  • AlbertinBermuda
    , contributor
    Comments (872) | Send Message
     
    I have a certain amount of experience in shipping heavy materials in 20ft containers via ship.

     

    Many times I have imported large volumes of chain for my marine maintenance business. Bulky items such as the chain used for anchoring a ship would be loaded onto standard shipping pallets. 90 foot lengths would be strapped together and then strapped to the pallet. Similarly smaller diameter chain would be loaded into barrels and then placed, usually 4 barrels per pallet, strapped together and then the whole shrink wrapped for stability.

     

    To save on shipping costs sometimes these items would be consolidated with lighter weight cargoes for other importers. The light/bulky stuff on top and mine at the bottom. Consolidation does add a delay in delivery but can save lots of $$$$$$.
    27 Mar 2014, 05:48 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11198) | Send Message
     
    AIB: Does the gross weight of 20,700 lbs. on the bill of lading also include the weight of the shipping container? Or, just the gross weight of what's being shipped?
    27 Mar 2014, 06:34 PM Reply Like
  • AlbertinBermuda
    , contributor
    Comments (872) | Send Message
     
    Maya,

     

    A typical 20ft container weighs about 66,000lbs at max load. The container itself will be about 5,000lbs which leaves about 61,000lbs for the cargo within.

     

    The weight on the Bill of Lading is the weight of the cargo and its packaging so in this case the 20,700lbs is what was purchased by Axion.
    28 Mar 2014, 03:06 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11198) | Send Message
     
    Thanks, AIB. Have a great weekend.
    28 Mar 2014, 03:14 PM Reply Like
  • AlbertinBermuda
    , contributor
    Comments (872) | Send Message
     
    Hobbling around exercising my new titanium knee!
    28 Mar 2014, 03:20 PM Reply Like
  • Milo2
    , contributor
    Comments (43) | Send Message
     
    From the previous concentrator I said I would eat crow if the price did not drop significantly today from the CFO resignation.

     

    I can tell the board here that crow is not bad. I sauteed it with a mild poblano chili and Fresca cheese, and smothered it with a homemade salsa verde. Chased with a Dos Equis Negro and shot of Patron tequila I might make more incorrect calls going forward.
    27 Mar 2014, 06:29 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Milo, I like...

     

    I can see where it could be a different sort of intoxication, being "drunk on failure". Or perhaps "sated with missed opportunity".

     

    Just be sure pick out all the Axionista birdshot pellets prior to consumption.
    27 Mar 2014, 06:32 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Milo2, Might I make a suggestion. It provides better contrast to the depth of succulent crow. My fav. in the region but I do think it's now imported if you're in the States. Enjoy your crow but don't expect volunteers to join you. Not even w/ the cerveza as a teaser.

     

    http://bit.ly/1gHg4Be
    27 Mar 2014, 07:00 PM Reply Like
  • raleigh731
    , contributor
    Comments (306) | Send Message
     
    Milo,

     

    does it "taste like chicken?"
    29 Mar 2014, 02:44 PM Reply Like
  • D-inv
    , contributor
    Comments (4843) | Send Message
     
    Anyone aware of particular sectors/industries receiving AND RETURNING a lot of shipping pallets? (caps for emphasis)
    27 Mar 2014, 09:16 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11198) | Send Message
     
    Conflicting info! It appears that East Penn has its own in-house battery recycling plant, as well as a smelter.

     

    Is East Penn providing Axion with lead bars?

     

    --East Penn has also replicated its environmental practices in its China facility, which has its own wastewater-treatment, ventilation, and air-pollution-control systems, including a scrubber system to remove acid fumes and prevent them from reaching the environment. But whereas East Penn’s Lyon Station facility operates its own battery recycling center and lead smelter, battery recycling in China is handled by a third-party recycler that is certified to ISO 9001, ISO 14001, and OSHA 18001 standards.

     

    http://bit.ly/16WjRHe
    27 Mar 2014, 10:07 PM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    Maya,

     

    When I was at the tour of the Axion plant that actually had people working (as opposed to the Pbc plant), there were people in front of large fire looking machines ... what would appear to me to be a smelter??? Maybe Axion has a couple too?
    28 Mar 2014, 12:33 AM Reply Like
  • Mayascribe
    , contributor
    Comments (11198) | Send Message
     
    Stephan: Guess. I proffer that a smelter looks a whole lot different than a "melter." Not so sure Axion retains the permits to be a smelter.

     

    Of all the some nearing 80,000 comments and a bazillion APC links, I don't recall ever before reading that East Penn has a plant in China. In other words, Axion has for years enjoyed a partnership with a sister with an already established footprint in China.

     

    Hence, maybe this is why TG has before spoken of China as where Axion could license its IP. Right through East Penn.
    28 Mar 2014, 01:21 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    Axion does not have smelting or recycling facilities or permits to build such facilities. I believe it uses recycled lead rather than pure virgin lead in its batteries.
    28 Mar 2014, 06:04 AM Reply Like
  • ARGE
    , contributor
    Comments (724) | Send Message
     
    I do remember an early youtube clip of a man at Axion poring molten lead into a mold, to make a battery.
    28 Mar 2014, 09:57 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Can't find the picture where they were showing the lead ingots stacked on a pallet prior to the casting operation.

     

    http://bit.ly/1myy2s0

     

    http://bit.ly/1myy4QK

     

    http://bit.ly/1myy56Y
    28 Mar 2014, 01:01 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (4037) | Send Message
     
    I have never read where virgin lead has been proven superior to recycled lead. I have heard the opposite.
    28 Mar 2014, 06:09 PM Reply Like
  • brianfscott
    , contributor
    Comments (51) | Send Message
     
    On Graham's departure:
    The consensus seems to be that Graham, upon becoming an insider, discovered the ship was not only sinking but on fire as well. He came, he saw, he fled. (It's fun to speculate about things we don't know happening behind the curtain)

     

    Here is another scenario (I smoked the last off my hopium coming up with this...)

     

    Graham was psyched by all the (hypothetical) imminent sales announcements (which he was privy to due to his "insider status").

     

    His former/likely future employer in the (M&A field) is salivating over the prospects of a multibagger, just one problem. If they launched an "restructuring" event while SG was CFO, it would be at the least unseemly, and likely, illegal due to assumed possession of non-public information, obtained presumably, from a "former" insider.

     

    Hence SG needs to leave, now, before the upcoming news rockets the share price. The sooner he is no longer an insider, the sooner his previous/potential future employer can pounce.

     

    Is there a period of time required to no longer be considered an insider? Something like a statutory revirgination waiting period?

     

    Please shoot this theory down so I can return to being miserable. (BTW I am calling 3/26 the nadir of axionista sentiment. Once Simon and Garfunkle are rolled out, it can only get better and great work, 48, really enjoyed it!) TFH off.
    28 Mar 2014, 05:17 AM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (4037) | Send Message
     
    venit, vidit, et fugit.

     

    He came, he saw, he fled.

     

    Can't help myself. Old habit from a bad habit. Way way back when I smoked a pack of Marlboros a day; upon every pack appears their logo which contains the words: Veni, vedi, vici. That's what got me started.
    28 Mar 2014, 06:22 PM Reply Like
  • 481086
    , contributor
    Comments (3431) | Send Message
     
    uhmm, perhaps a double bottom...? ;)

     

    ----------------------

     

    Well I think it's fine, talking jumbo trains.
    Or hoping a ride, down the trucking lane.
    But it's been all a bummer, from this slot machine.
    Yes, wish all you want to if you want, 'cause you won't get anything.

     

    I know we've come a long way,
    We're aging day to day,
    But tell me, when does the piper pay?

     

    Well we rolled down roads made of fresh green cash.
    For our sorry loads, trumping empty gas.
    And we made them long, and we made them tough.
    But now they just go on and on, and it seems that we can't get off...

     

    Oh, I know we've gone a long way,
    We're aging day by day,
    But tell me, when does this sucka pay?

     

    Well we've wracked our eyes, till papers fill the air.
    But we keep on hoping higher
    'til there's no more choom up there
    Will you make us laugh, or just make us cry?
    Will you ever let us live, or finally doom us to die?

     

    Oh, I think we've come a long way,
    We've aged a thousand days,
    But tell me, is this gonna ever pay?
    28 Mar 2014, 06:40 AM Reply Like
  • WayneinOregon
    , contributor
    Comments (1110) | Send Message
     
    48> I sure wish TG had even a fraction of the creative thinking that you have...
    28 Mar 2014, 11:47 AM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    I second that WIO.
    28 Mar 2014, 01:14 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19531) | Send Message
     
    03/27/2014: EOD stuff partially copied from blog (up now).
    # Trds: 155, MinTrSz: 6, MaxTrSz: 80000, Vol: 1980546, AvTrSz: 12778
    Min. Pr: 0.1500, Max Pr: 0.1660, VW Avg. Tr. Pr: 0.1576
    # Buys, Shares: 51 580539, VW Avg Buy Pr: 0.1587
    # Sells, Shares: 104 1400007, VW Avg Sell Pr: 0.1571
    # Unkn, Shares: 0 0, VW Avg Unk. Pr: 0.0000
    Buy:Sell 1:2.41 (29.31% "buys"), DlyShts 616644 (31.14%), Dly Sht % of 'sells' 44.05%

     

    Keep in mind everything was today influenced, apparently, by the announced resignation of our newly-minted (only about 5-6 months ago) CFO.

     

    The average of the lowest 20 VWAPs times 80% today is $0.0800 vs. $0.0792, $0.0784, $0.0777, $0.0773, $0.0769, $0.0767, $0.0766, $0.0766 and $0.0765 on prior days. 80% of today's VWAP is $0.1261 vs. $0.1361, $0.1359, $0.1353, $0.1363, $0.1339, $0.1354, $0.1376, $0.1361 and $0.1284 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 -8.54%, -5.14%, -7.40%, 40.45% and 24.19% respectively. Price spread today was 10.67% vs. 6.71%, 9.20%, 11.11%, 6.06%, 4.87%, 12.84%, 10.43%, 11.05% and 6.33% on prior days.

     

    There was a single trade, affecting the closing price, of 1K at $0.1582 (the only trade at that price) at 15:57, the last trade of the day. The trades just prior were in the $0.1567-$0.157 range. With out this trade our close would've been $0.1567.

     

    The larger trades (>= 15K) occurred on 39 of the 155 trades, 25.16%. These 1,200,400 shares were 60.61% of day's volume, and traded at a VWAP of $0.1590. 10 of these ...

     

    I think it's worth noting yesterday's larger blocks stuff since that was quite similar, especially on the percentages: ...

     

    Doesn't look like consolidation now, with the possible exception of consolidating at a lower range. It's worth noting that our close and VWAP was just below the rising support (should now become resistance) of the banner. ...

     

    This was the fourth consecutive day of higher volume on a down day, with yesterday's volume more than doubling the prior day and today over 40% higher than yesterday's volume with today's VWAP down 7.4%. ...

     

    Everything else is in the blog here.
    http://seekingalpha.co...

     

    HardToLove
    28 Mar 2014, 09:07 AM Reply Like
  • greentongue
    , contributor
    Comments (974) | Send Message
     
    JP:
    Has a blogger or reporter had a chance to ride in an ePower truck? Can we expect some posting on the interweb about the experience?

     

    Sure would be good to get some news relating to Axion besides their CFO quitting.
    28 Mar 2014, 09:16 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    Our primary reason for attending the truck show is to facilitate discussions with component suppliers and fleet operators. Since we're still working on optimizing coordination between the engine and the generator to minimize fuel burn rates, we'd rather avoid reporters and bloggers until that work is finished.

     

    It's important to remember that we're blazing a new path doing something nobody else has even tried. That has engineers at several companies scratching their heads and finding ways to make their products do what we want them to do instead of what they were designed to do.

     

    It takes time and asking "are we there yet" does not accelerate the process. When I have something to talk about I will do so.
    28 Mar 2014, 09:26 AM Reply Like
  • Larry Meade
    , contributor
    Comments (111) | Send Message
     
    JP,

     

    As I used to tell my girls we will get there when we get there so enjoy the ride.
    28 Mar 2014, 12:57 PM Reply Like
  • greentongue
    , contributor
    Comments (974) | Send Message
     
    I understand.
    However, we get in such a funk here when all we think about is the bad. Remembering that there is something Good in the works, even if not right this second, helps with my/the mood.
    28 Mar 2014, 01:56 PM Reply Like
  • Milo2
    , contributor
    Comments (43) | Send Message
     
    "are we there yet" Sounds like the cross country trip we took with Dad and Mom in the 50's in our old Buick. :)
    28 Mar 2014, 10:17 AM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    "Are we there yet?"

     

    Mom: "No, we're lost, and Dad refuses to stop and ask directions".

     

    "OK. When will we get there?"

     

    Mom: (Resigned sigh). "Soon".
    28 Mar 2014, 10:21 AM Reply Like
  • SMaturin
    , contributor
    Comments (2268) | Send Message
     
    "Mom! Johhny's picking his nose again! Make him stop! it's grosssss!"

     

    "Dad! I need to pee! Pull over!"

     

    "OK, son, just let me find that electric fence."
    28 Mar 2014, 10:23 AM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (4037) | Send Message
     
    But let's be honest, who actually wants Mom to drive instead?
    28 Mar 2014, 06:10 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    You will NOT see this in the States. 8-O

     

    Chinese mall to open special parking lot just for women

     

    ""The lot offers wider parking spaces especially designed for female drivers, who tend to cause twice as many collisions in parking lots than in other places, according to insurance company data," the Global Times says.

     

    Specially trained female parking guides will also be on hand to direct the drivers when they pull in, the Global Times says."

     

    http://usat.ly/1dBBMWC
    28 Mar 2014, 06:29 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    LOL. I want to put this data into the mouth of the poor, downtrodden male in the insurance commercials where the company rebates a few dollars whenever you manage to go a whole month WITHOUT wrecking your car...
    28 Mar 2014, 06:43 PM Reply Like
  • Josh Greene
    , contributor
    Comments (78) | Send Message
     
    Not sure who BNCH is on level 2, but I like them - looks like someone must have place a market order for like 300K shares.
    28 Mar 2014, 10:46 AM Reply Like
  • Patrick Young
    , contributor
    Comments (1947) | Send Message
     
    I was watching a video about how environmentalists often fail to accomplish anything because they are hostile towards the existing infrastructure and therefore fail to build powerful coalitions. For example, resisting the keystone pipeline does not help your case for solar. It hurts it.

     

    This got me thinking, maybe I have been too hostile towards the industrial lead-acid business. It pays some of Axion's bills. But more importantly, forget about NSC, BMW, MultiLink, and BySolar. These are interesting stories, but the real win will look something like, "Axion Power International (OTCQB:AXPW) and EnerSys (http://bit.ly/1hi9CPR) sign strategic partnership to manufacture and distribute Pb-Carbon batteries for the grid and mild-hybrid markets."

     

    This is supremely important because it gives OUR customers confidence, but also opens up EnerSys's customer base to PbC as well.

     

    More than sales, I want to hear from TG how the talks with the big battery manufacturers are going.
    28 Mar 2014, 11:24 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19531) | Send Message
     
    PY: Your mention of the environmentalists hurting their cause reminded me of an article a read a couple years back that supports what you say.

     

    Apparently, for a long time, they had been generally supportive of NG conversions of many types. Then as solar made more inroads and looked to be viable at the same time NG conversions of various types began to do the same, they supposedly switched to opposing NG because they were afraid it would hamper the continuing more widespread conversion to NG.

     

    HardToLove
    28 Mar 2014, 11:31 AM Reply Like
  • JohnM121
    , contributor
    Comments (519) | Send Message
     
    I recall seeing an interview with a si****a club leader some years back after they had decided to switch from supporting methane use to opposing it. They supported it since it emits half of the CO2 as coal. But when it became competition for wind and solar, they switched to began the anti-fracking campaign. Now the word fracking is commonly preceded with the qualifier "controversial".
    28 Mar 2014, 12:39 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (4037) | Send Message
     
    In the 70's, big American cities resembled those in China today. Let's not forget that. Extreme environmentalists have the worst influence on overall public environmentalism, but a pleasant and safe environment is of great value. Sometimes I just want to reach out and slap the screeching bitches (not speaking of female dogs) for obstructing a good cause. Since I mentioned dogs, PETA often has the same negative influence on efforts to promote better animal husbandry and humanity. Posted by a tree-hugging hound-loving hunter.
    28 Mar 2014, 06:54 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19531) | Send Message
     
    Crap: "... hamper the continuing more widespread conversion to NG"

     

    s/b

     

    "... hamper the continuing more widespread conversion to solar"

     

    HardToLove
    29 Mar 2014, 06:59 PM Reply Like
  • Retired Aviator
    , contributor
    Comments (2856) | Send Message
     
    A huge problem with environmentalism, of which I consider myself a part, is the lack of market test. Businesses are constantly tested for their efficiency through competition as uncompetitive ones fail. Not true of conservation organizations or non-profits more generally.

     

    What they are selling is not a product or service but a story to hopeful contributors who invariably are lousy at weighing the results of the organization the way that a market test would. But in the end weighing is everything.

     

    Feeding one hungry child for a month is great, but not if it costs a million dollars. Cleaning oil spill junk off 100 common pelicans might be a worthwhile activity if it costs $1000 but it's a terrible waste at $500,000. Most ecology types who I know personally don't look at the numbers anywhere near enough.
    30 Mar 2014, 11:27 PM Reply Like
  • Retired Aviator
    , contributor
    Comments (2856) | Send Message
     
    JohnM> Yes the environmentalist 'position' is quite malleable over time. Let's not forget the highly vocal and popular "No Nukes" campaign of 30 years ago that has quietly reversed completely to many environmentalists now +supporting+ new nuclear power plants. The irony is that the No Nukes movement and Three Mile Island disasters were instrumental in practically halting new nuke plants for decades. Too bad all the wasted effort and then complete reversal of position as nukes are now hailed as the best solution to fill the gaps that wind and solar cannot.
    30 Mar 2014, 11:36 PM Reply Like
  • WayneinOregon
    , contributor
    Comments (1110) | Send Message
     
    My Charles Schwab account is showing a Bid of .0616 and an Ask of .358. ???
    28 Mar 2014, 11:51 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19531) | Send Message
     
    WiO: That's a tech glitch I think. Current is $0.1621/$0.1669.

     

    HardToLove
    28 Mar 2014, 12:05 PM Reply Like
  • WayneinOregon
    , contributor
    Comments (1110) | Send Message
     
    Thanks HTL, looks like my glitch is fixed. Sure was nice however to see an Ask of .358; perhaps later this year???
    28 Mar 2014, 12:21 PM Reply Like
  • Larry Meade
    , contributor
    Comments (111) | Send Message
     
    JP, Again thank you for all your efforts to keep us all informed.

     

    Again USAA came through for me to rollover all the shares in my IRA to my ROTH BEFORE the share price would cost me more in taxes!!!!

     

    I have been with USAA for 52 years. They handle all my insurance, mortgages, checking, credit cards and investment accounts. When I go online I see all may accounts on a one page overview.
    28 Mar 2014, 12:55 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3221) | Send Message
     
    Larry, I've used USAA for car insurance my whole adult life. Highly recommend them---inexpensive, excellent service. A few fender-benders were handled quickly with extremely limited time input required from me, and my rates have never gone up from those or moving violations. I even used them for what I call "day insurance" for my '59 Triumph TR3. I'd call them right before I would drive it, start the insurance, then call them back right after I was done. Something like, $1.21 for a day. Quite possibly the best large company I've ever done business with.
    28 Mar 2014, 01:10 PM Reply Like
  • isthisonebetter
    , contributor
    Comments (385) | Send Message
     
    Only my 401(k) isn't with USAA. I use them for for everything else and couldn't be happier. I knew a guy who was talking about leaving USAA because he was going to find a better rate for car insurance; that never came to fruition.
    28 Mar 2014, 05:33 PM Reply Like
  • WayneinOregon
    , contributor
    Comments (1110) | Send Message
     
    The following is part of a transcript from a Nightly Business Report segment that aired this past week: This link will take you to a 2-min. video. --- http://bit.ly/1jfITEd

     

    ---
    LEBEAU: The start of X4 production means BMW is once again expanding in South Carolina, steadily adding jobs to a plant where more than 7,000 already work. Since 2008, increasing demand for luxury SUVs has led BMW to more than double production at the Spartanburg plant...

     

    MICHAEL ROBINET, IHS (NYSE:IHS) AUTOMOTIVE: There is no doubt that at some point, BMW in South Carolina could be the largest location for BMW production anywhere in the world.
    28 Mar 2014, 01:56 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Cummins announces fuel economy improvements for heavy-duty lineup

     

    "Since 2010, Cummins has made numerous improvements to the ISX15 to deliver up to 7% better fuel efficiency; customers moving from a pre-2010 engine could experience up to 10% improvement. Over the past three years, combustion optimization, reduced parasitic loads, enhanced low-end torque to support downspeeding, Selective Catalytic Reduction (SCR) optimization and the addition of a naturally aspirated air compressor have contributed to the significant gain in fuel economy.

     

    ISX15 SmartTorque2 (ST2) ratings are available with the SmartAdvantage Powertrain, which delivers an additional 3-6% fuel-economy improvement. (Earlier post.) Jointly developed by Cummins and Eaton, the SmartAdvantage Powertrain integrates the Eaton Fuller Advantage Series automated manual transmission and Cummins ST2 ratings to operate the engine in the fuel-economy “sweet spot” and deliver excellent low-end torque and precise shifting, to help every driver perform like the best driver in the fleet."

     

    http://bit.ly/1h3wyOv
    28 Mar 2014, 02:17 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Tesla beefs up battery shields, NHTSA ends fire probe

     

    "Documents posted on the NHTSA web site said that the agency "believes impacts with road debris are normal and foreseeable. In this case, Tesla's revision of vehicle ride height and addition of increased underbody protection should reduce both the frequency of underbody strikes and the resultant fire risk.""

     

    "Tesla is not recalling cars already on the road, but will "retrofit the shields, free of charge, to existing cars upon request or as part of a normally scheduled service," Musk wrote."

     

    http://usat.ly/1hiF6Wb
    28 Mar 2014, 02:24 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Its good to be a government crony.
    28 Mar 2014, 02:32 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    Do you have any idea what it will cost to add titanium under-body shielding to a Tesla Model S? I really don't but I have to imagine that the fix won't be cheap. I wonder what the overall cost will be to upgrade the 30,000 cars on the road – $30 to $60 million perhaps? More?

     

    In any event I'm amazed that Tesla was able to engineer a recall and major safety upgrade without calling it one.
    28 Mar 2014, 02:40 PM Reply Like
  • SMaturin
    , contributor
    Comments (2268) | Send Message
     
    All that titanium.

     

    Maybe that's why he needs to be first to Titan.

     

    Let's hope he can safely bypass Krypton.
    28 Mar 2014, 02:47 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    While aluminum ingots trade on the spot market for $0.76/lb the current price of titanium ingots is closer to $8.25 lb.

     

    http://bit.ly/1hiJILW

     

    From what I understand, Titanium is very difficult to work with because it's so tough.
    28 Mar 2014, 02:53 PM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    "In any event I'm amazed that Tesla was able to engineer a recall and major safety upgrade without calling it one."

     

    Creativity.
    28 Mar 2014, 02:56 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    And IIRC, Russia is the largest supplier by geographic location.
    28 Mar 2014, 03:16 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Some large TI operations in Africa, southern region... Some with rich monazite ore (also containing untapped REEs).

     

    Targets of organized labor unrest, though, so subject to convenient bouts of disruption if the right buttons are pushed.

     

    Interesting side note: One of the largest and richest sources for niobium, titanium, and tantalum is Lynas' Mount Weld mine now ramping up REE production in Australia. 2nd biggest niobium deposit known, and it is thought that they will also be major producers of titanium and tantalum when they start mining the niobium (also used in high strength alloys).
    28 Mar 2014, 03:21 PM Reply Like
  • tahoe1780
    , contributor
    Comments (111) | Send Message
     
    Yeah, saw it here: http://bit.ly/1k0biN5
    28 Mar 2014, 03:25 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    I'd guess under your lower limit but it's still in ouch territory. But no way to know w/o seeing the design and the assembly implications.

     

    Hey, why don't they just swap them when they get the automated battery swap stations up shortly?
    28 Mar 2014, 03:40 PM Reply Like
  • obieephyhm
    , contributor
    Comments (1591) | Send Message
     
    creativity and . . . a lot of stupid people . . .
    28 Mar 2014, 04:23 PM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    Obie -

     

    Unfortunately for us, investors that bought into TSLA in the 20s when we were calling them stupid are looking brilliant right now ... while investors in Axion are looking rather intellectually inferior. Or maybe it's just dumb luck and intellectual bad luck.

     

    You never know when that could change, but I quit holding my breath a long time ago.

     

    At least the battery industry is interesting to learn about.
    28 Mar 2014, 04:49 PM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    Gee, so let's see. They build a gigafactory to make the batteries 30% cheaper (when you don't count paying for the battery plant) and then they wrap them in titanium to make the shielding 1000% more expensive. Hmmm...remind me again how the Model E is only going to cost $35,000 with a titanium battery shield??
    28 Mar 2014, 08:43 PM Reply Like
  • obieephyhm
    , contributor
    Comments (1591) | Send Message
     
    I'm not referring to the investment in the car company which, on a strictly personal note, doesn't interest me beyond the PT Barnum aspect of St. Elon. I'm referring to those who take the aggregate of what he says and think it represents either scientific or economic reality -- I believe 'sheeple' might be an appropriate label for them -- now or in the future. The vast majority of his spew is little more than very expensive and short-term environmental snake oil, imo. Well and convincingly sold but still snake oil.
    29 Mar 2014, 01:47 PM Reply Like
  • Occam's_Razor
    , contributor
    Comments (2303) | Send Message
     
    <<<<In any event I'm amazed that Tesla was able to engineer a recall and major safety upgrade without calling it one.>>>>

     

    Must must be nice to have that kinda' clout!

     

    Furthermore, must be nice when the NHTSB does NOT make it mandatory to immediately retrofit those Model S's already on the road in circulation... or even EVER!

     

    So the Fed's require "future" models to incorporate the upgrade, but NOT existing ones???

     

    Truly amazing....

     

    Not to rant, but this reminds me of how "in bed" the FAA is with the ATA. It's sickening... but I digress...
    29 Mar 2014, 05:04 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    Tesla may have avoided a formal recall, but their Q1 earnings will include an extraordinary charge for the estimated costs of retrofitting the existing 30,000 car fleet with underbody armor.

     

    A more extensive analysis should hit the main pages by tomorrow morning.

     

    As Rachel is fond of saying, "you may be able to beat the rap but you can't beat the ride."
    29 Mar 2014, 05:12 PM Reply Like
  • Carnardie
    , contributor
    Comments (263) | Send Message
     
    JP: "In any event I'm amazed that Tesla was able to engineer a recall and major safety upgrade without calling it one."

     

    If that amazes you, then you don't pay much attention to the NHTSA. For instance, from Bloomberg (http://bloom.bg/1gb6As7):

     

    "Earlier this year, the agency and Chrysler Group LLC clashed over fixing 2.7 million Jeep Grand Cherokees for gasoline tanks that can leak in a crash. The agency says 51 people have died in post-crash fires.

     

    Chrysler initially challenged a government-requested recall, which would have set up a rare public hearing and court case, before agreeing to a “voluntary campaign” to provide more protection in rear-end collisions."

     

    Apparently, the NHTSA doesn't care what the fixing is labeled, as long as it happens. Nothing special for Tesla here, except that instead of fighting the NHTSA, Tesla was proactive about testing (over 150 tests performed), and sharing of information with the agency.
    29 Mar 2014, 05:24 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Now I'm seeing the Ask at $.358...
    28 Mar 2014, 03:12 PM Reply Like
  • Josh Greene
    , contributor
    Comments (78) | Send Message
     
    well, here's hoping for that someday...
    28 Mar 2014, 03:25 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19531) | Send Message
     
    Wake up TB! Wake up! You were giggling uncontrollably yelling "I'm rich! I'm rich!". :-))

     

    WiO did it first though!

     

    HardToLove
    28 Mar 2014, 03:29 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Yes, I was referring to the earlier report...
    28 Mar 2014, 03:36 PM Reply Like
  • WayneinOregon
    , contributor
    Comments (1110) | Send Message
     
    Stay asleep TB! Stay asleep! Nothing wrong with being rich in dreamland! :) --- I wonder what 48 could compose by mixing words from John Lennon's song Imagine with Axionista dreams...
    28 Mar 2014, 03:41 PM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    HTL,
    TB would be yelling I'm rich, I'm rich!! I would be yelling..."I'm even in one of my accounts...I'm even in one of my acounts!"
    28 Mar 2014, 08:45 PM Reply Like
  • 481086
    , contributor
    Comments (3431) | Send Message
     
    and it shall be delivered unto you:

     

    --

     

    Imagine we one day slept in
    Not really hard to guess at why
    No luscious sales to grow us
    Eluded in every buy
    Imagine all us people
    Looking for the day...

     

    We imagine there's a country
    where they might know what to do
    No bribe to buy the lithium ion
    And where they hate sulfation too
    Imagine no more people
    Giving us the fleece..

     

    They all say that we're just dreamers
    Hope we're not the only ones
    We think someday they'll join us
    When Te$la finally comes undone

     

    We imagine no concessions
    To cronies' evil fans
    No need for greedy plumbers
    A world of working plans
    Imagine all our batteries
    Powering half the world...

     

    They may say we're all just dreamers
    we hope we're not the stupid ones
    We think we know the reasons
    Why in the end PbC will have won
    28 Mar 2014, 09:55 PM Reply Like
  • RBrun357
    , contributor
    Comments (821) | Send Message
     
    Mr. I, HTL,

     

    Around 12:30 I noticed NITE backed off to $.23 but I was unable to watch the rest of the day. Did NITE stay backed off all afternoon? Was ATDF the only one at the window??

     

    Thanks
    28 Mar 2014, 04:03 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3221) | Send Message
     
    RB, I didn't watch the whole time this afternoon, but when I did, IIRC NITE was at 23. I coulda missed one of their dive bombs back down to the mkt, though, because sometimes it only lasts for a short time.

     

    I've seen them pull away when the volume slows to a crawl, like it did a lot this afternoon. Or maybe they had their fill today and went home early for the week.

     

    Hey, I guess I'd rather have the dive bombs by them and ATDF then the constant attack by all four guys. If they're the remaining PIPErs, every day they're active is a day closer to freedom.
    28 Mar 2014, 04:16 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19531) | Send Message
     
    RBrun: They were there all day. There could be some erros here as it's all manual for now.

     

    Pre-mkt they entered the ask at $0.23, along with ARCA. Now, keeping mind mind I can't catch all the changes ... Showing only changes ...

     

    10:03 $0.16x15K NITE, then back to $0.23
    10:13 $0.1675x7Kx5K ATDF NITE
    10:25 $0.1673x10Kx5K ATDF NITE
    10:42 $0.17x5K NITE
    10:53 $0.1675x28K NITE
    10:58 $0.1649x10K ATDF/$0.165x28K NITE
    11:06 $0.167x7.5K NITE
    11:21 $0.165x5K NITE
    11:57 Back to $0.23 I *think*, but could be $0.17 - I goofed this entry.
    12:19 $0.23x52Kx40Kx3K NITE ARCA ATDF (masked)
    13:08 $0.1688x5K NITE
    13:34 $0.1685x5K NITE
    13:53 $0.1683x5K NITE
    14:10 $0.1675x5K NITE back to $0.23 @ 14:45 peek
    14:59 $0.1665x5K NITE back to $0.23 at 15:07
    15:50 $0.1626x14K ???? - might be them - didn't catch it.

     

    HTH,
    HardToLove
    28 Mar 2014, 05:26 PM Reply Like
  • RBrun357
    , contributor
    Comments (821) | Send Message
     
    HTL,

     

    Thanks for that, I appreciate it.

     

    RBrun357
    28 Mar 2014, 05:44 PM Reply Like
  • Patrick Young
    , contributor
    Comments (1947) | Send Message
     
    HTL: I am serviced by NITE and I have a GTC order for 10,000 shares at 0.23.

     

    50 shares got executed a few days back when we spiked up. Must have caught or even precipitated the peak.
    29 Mar 2014, 11:35 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19531) | Send Message
     
    Thx PY. Hope you make out well on the remainder.

     

    HardToLove
    29 Mar 2014, 11:43 AM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (4037) | Send Message
     
    Strange but true! Every Googler knows AXION is hooked up with a big railroad. But I'll bet there are many here who have also found that there is another "hybrid railroad play" named AXION, which has been around just as long, if not longer! I found them doing DD on AXPW years ago. Today I started a position in AXIH with 1000 shares, a nano-cap out of my home-state (almost home-town) Rutgers, which has probably the largest chemistry R&D budget amongst universities in America for years.
    Without risk of repeating myself: GO AXION!! GO AXION!!
    28 Mar 2014, 05:55 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19531) | Send Message
     
    Edmund: I entered AXIH a couple months back after Freya (could have been her hubby - they share sometimes) brought it up after running up to $1.43 and said she thought it had more to go. But it looked consolidating to me, so I waited and took a sock drawer starter position at $1.05.

     

    I think it will be a winner down the road.

     

    TB thinks a couple years before it really starts to roll, and that seems reasonable. But I really like that they are getting all vertically integrated and have a plastics recycling unit in hand that can assure supply of raw material input and start making some $ fairly quickly w/o depending on immediate acceptance of their engineered products.

     

    HardToLove
    28 Mar 2014, 06:36 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (4037) | Send Message
     
    Very cool, HTL. Not surprised to see someone else with AXIH here, even if it has never gotten a mention, AFAIK. It is rather comforting in fact. On the other hand, the OOIL coincidence a few Concentrators back wierded me out. Had me thinking that maybe I was being played by O's NSA and/or IRS trying to claw back my overpaid taxes through an underhanded government stock manipulation program. Go ahead, chuckle, but they take half your paycheck, too. You don't think that's all they want or have their eyes on, do you? Still laughing? OK, maybe, but not quite all the way to the bank, I imagine.
    28 Mar 2014, 07:10 PM Reply Like
  • D-inv
    , contributor
    Comments (4843) | Send Message
     
    Have some AXIH socks also.

     

    Actually, was thinking about potential new AXIH products when I asked if anyone is aware of any industries/sectors that send shipping pallets back to their suppliers or use pallets under incoming materials to ship their own outgoing production.

     

    Roofing tiles/panels strike me as another product with some potential for AXIH. (Hail storms ruin large numbers of asphalt shingle roofs every year.) Trailer frames anyone?
    28 Mar 2014, 08:21 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19531) | Send Message
     
    D-Inv: I've been aware of reusable pallets and containers going back many years now. But that was from being exposed to them in work situations and I've no idea of what companies might make them.

     

    HardToLove
    29 Mar 2014, 11:46 AM Reply Like
  • Stilldazed
    , contributor
    Comments (3953) | Send Message
     
    Hi DI,
    Chep pallets might be a company your looking for. http://www.chep.com
    29 Mar 2014, 12:11 PM Reply Like
  • D-inv
    , contributor
    Comments (4843) | Send Message
     
    HTL, Still -- Thanks for the feedback.
    29 Mar 2014, 01:40 PM Reply Like
  • RBrun357
    , contributor
    Comments (821) | Send Message
     
    Ed,

     

    Could you fill me in regarding your statement about OOIL?

     

    Thanks,
    28 Mar 2014, 08:24 PM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (4037) | Send Message
     
    There's nothing much to it, RBrun. Libertarian dark humor?Anyway, someone here mentioned they were invested in OriginOil and I thought (as I am as well) "What's the chances of that?" There aren't that many holders of either stock, so it just struck me that day as somewhat disturbing (uneasiness was my actual gut reaction). Anyway, I typically suspect a common cause rather than random coincidence. For example, I have spent quite a bit of money proving that whenever I buy a stock, its price goes down. How can I explain THAT? Exactly: The government is using insider information from the NSA or the IRS or the FBI or Goldman Sachs to get even more of my money. Other times I just like cracking myself up by taking potshots at them. It's a fairly universal diversion where folks have real freedom of speech. They hate it, so I love it. Anyway, I still have my OOIL - up a notch today. The two brothers are so good-natured and they really do a lot of product demos and marketing. They have legit tech, too, IMO. Someone said there wasn't anything on their site explaining the technology, but that's not accurate. I have 4000 shares now. The have a very open website with lots of small successes.
    28 Mar 2014, 11:46 PM Reply Like
  • RBrun357
    , contributor
    Comments (821) | Send Message
     
    Ed,

     

    Thanks for your response, I was wondering if there was some news out on OOIL that I had missed. I too own a few shares of the brothers stock and have been following their progress. I like their technology so I was sucked in! They are really good at marketing and spending money plus the CEO has set himself up with 30 million shares so if they can get the share price up he will make a killing! They were suppose to announce the date for their petro showcase this past week but that did not happen, another case where a CEO was suppose to do something but failed! This condition seems to be similar with many stocks that I follow.

     

    God Luck to You and your future buying.
    29 Mar 2014, 10:18 AM Reply Like
  • Edmund Metcalfe
    , contributor
    Comments (4037) | Send Message
     
    Thanks, RBrun, may the bottom be always underneath you.

     

    Now I have question for you: where did you read/hear that they were supposed to announce the petro showcase date?
    29 Mar 2014, 12:22 PM Reply Like