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  • Axion Power Concentrator 127: July 15, 2012 203 comments
    Jul 15, 2012 6:59 PM | about stocks: AXPW

    These instablogs and the people who maintain them have no relationship whatsoever to Axion Power International. To our direct knowledge no person with a current relationship to Axion Power International other than being a shareholder participates in these instablogs.

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    Updated July 15th...

    HTL's New Chart Tracking Insta from July 7th

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    Axion Power's Weighted Moving Average Price and Volume:

    (updated through close July 13th)

    (click to enlarge)

    Axion Power Concentrator Comments:

    (updated through July 7th)

    (click to enlarge)

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    Links to valuable Axion Power research and websites:

    The Axion Power Concentrator Web Sites created by APC commentator Bangwhiz it is a complete easy-to-use online archive of all the information contained in the entire Axion Power Concentrator series from day one; including reports, articles, comments and posted links.

    Axion Power Wikispaces Web Site, created by APC commentator WDD. It is an excellent ongoing notebook aggregation of Axion Power facts.

    Axion Power Website, the first place any prospective investor should go and thoroughly explore with all SEC filings and investor presentations as well as past and present Press Releases.

    Axion Power Chart Tracking, HTL tracks AXPW's intra-day charting.

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    Be sure and either follow the Axion Power Host ID on Seeking Alpha or click the check-box labeled "track new comments on this article" just ahead of the comments section!

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    WARNING: This is a troll free zone. We reserve the right to eliminate posts, or posters that are disruptive.

    Enjoy!

    Disclosure: I am long AXPW.

    Stocks: AXPW
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Comments (203)
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  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    I'll pass but it looks like fun for someone else.

     

    Self-Balancing Wonderbike One-Ups the Segway

     

    http://bloom.bg/Lr5HBU
    15 Jul 2012, 08:47 PM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    Great, just what every motorist wants to see on the road in front of them. A motorized vehicle that goes 10 mph slower than the speed limit for most city streets.
    15 Jul 2012, 11:18 PM Reply Like
  • 42itus1
    , contributor
    Comments (232) | Send Message
     
    I didn't even think of that, I assumed it would be marketed for shopping at Costco, HomeDepot or the mall! Having them on the street could be scary!
    16 Jul 2012, 01:59 AM Reply Like
  • D. McHattie
    , contributor
    Comments (1844) | Send Message
     
    So ingenious yet so useless.

     

    D
    16 Jul 2012, 07:20 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    LabTech, Are you going to go buzzing around at 25 mph in traffic with potholed streets on a unicycle!

     

    You'd have to change your moniker to LabSpecimen. :)
    15 Jul 2012, 11:36 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    ... or Organ Donor.

     

    Honda's version is here – http://bit.ly/NbJ4m8 – complete with pretty girl.
    16 Jul 2012, 01:49 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Yes, I remember the Honda version. Far more cultured (The pretty girl!).
    16 Jul 2012, 07:56 AM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    IINDelco,
    I had spine surgery a decade ago. Since then, I don't go buzzing around the streets of Durham in/on anything that doesn't have 4 wheels and a vehicle around me that has seatbelts. The two aren't related, but my balance isn't what it used to be. My point is that I can accept bicycles on the road, especially if there is a bike lane. But when you put a motor on something, that is licensed to be rode on city streets, it should at least be able to go the posted speed limit. IMHO.
    16 Jul 2012, 09:34 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    LabTech, I like all the modes of transport until you mix them up. I learned that when going to college while using a Honda 750 as "cheap" transportation. I'll never forget the look on the doctors face when a nurse came out of a back room holding an aerosol can and said, "Doctor, We have this new spray on antiseptic/pain killer for that now." This was AFTER spending 45 minutes to an hour with only the back of my head and my heals touching the table while he scrubbed me with a Scotch Brite pad to get the stones out of the large areas of road rash. (3 days later was finals week to, so I really got to enjoy it.)

     

    Cheap lesson I took advantage of. No permanent damage other than a few superficial scars. Bye bye cheap transport.
    16 Jul 2012, 09:53 AM Reply Like
  • Bylo-
    , contributor
    Comments (426) | Send Message
     
    Hmmm... I think instead of having knee replacement surgery, I'll just have one of those things implanted. Cyborg power!
    16 Jul 2012, 09:57 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    Iindelco: "debreedment" - I remember it well from my first MC accident.

     

    We'll have to swap stories sometime.

     

    HardToLove
    16 Jul 2012, 10:30 AM Reply Like
  • D-inv
    , contributor
    Comments (4777) | Send Message
     
    "scrubbed me with a Scotch Brite pad"

     

    :-) Ahh, the memories. My similar stemmed from opening the throttle on a 5hp Husky motor scooter on an unpaved road which suddenly changed to sand. The Husky became the rider and my back "the braking wheel." :-) No stones to scrape off, but no swimming till the skin regenerated.
    16 Jul 2012, 10:57 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    Mine was nowhere near as glamorous. I was doing about 30 mph downhill on my bicycle a couple years back when a cat ran into my front wheel. He was across the street by the time my right side hit the pavement wearing nothing more protective than spandex. Thank goodness for helmets.
    16 Jul 2012, 11:18 AM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    A few years ago I was riding road bicycles with my friend a PhD in Chemistry. He was behind me and I stopped to wait for him and he didn't show around the sharp bend. I rode a couple hundred meters back to him and he was standing by the side of the road with his helmet split in half, his face covered in blood and speaking nonsensically. The gentleman who was attending to him asked me "Is he always like this?"

     

    Moral of story: Always tighten the front skewer.

     

    He broke his hip on his next ride with me and his wife won't let him go with me anymore.
    16 Jul 2012, 02:29 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    I'll ride with you Metro, but the weather is nicer here than it is there.
    16 Jul 2012, 02:32 PM Reply Like
  • Deamiter
    , contributor
    Comments (165) | Send Message
     
    I can't claim to have experience with horrible road rash, but I HAVE crashed on a beautiful wood velodrome while going about 30. I got most of the big splinters removed right away, but two months later, I found a particularly sneaky 1.5"-long splinter working its way out of my elbow!
    16 Jul 2012, 03:33 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    Thanks for the offer. I think you would regret it as I am slow, tire easily, whine a lot, perspire profusely, drivers often swear at me, stop at every café for refreshments, have only 9 speeds, and don't shave my legs.
    16 Jul 2012, 03:37 PM Reply Like
  • D-inv
    , contributor
    Comments (4777) | Send Message
     
    ".... found a particularly sneaky 1.5"-long splinter working its way out of my elbow!"

     

    :-) The hybridization work out.
    16 Jul 2012, 03:38 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    My kind of rider. I'm Clydesdale Class myself.
    16 Jul 2012, 03:44 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    I innocently chose a cute little ditty for my first mtn bike ride. Porcupine Rim trail in Moab. Doh!
    16 Jul 2012, 04:00 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    That's about as sensible as the guys we see riding the Matterhorn. They take the ski trams up and the trails down, although the real animals ride both directions. Not for me thanks.
    16 Jul 2012, 04:14 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    It was insane for a novice like me. At one point I flew over my handlebars and got too banged up to ride the slickrock the next day. Bummer.

     

    So I migrated to beach volleyball. Soft landings. Friends. Drinks. Repeat on Sunday.
    16 Jul 2012, 04:33 PM Reply Like
  • bangwhiz
    , contributor
    Comments (2240) | Send Message
     
    Gotta add my bike wreck. Flat out in high gear racing a moped. Running at least even too! I was on the way to judo class about 13 or 14. Judo suit was tied to the handlebars. Suit came loose and went into the front fork instantly stopping the front wheel. Up, over and away! Broke my collarbone. Wish I had a video of that wreck. All I know is I flew a damn long way through the air before landing on my shoulder!

     

    I was a dependent living in Cambodia at the time (mid-50's). The Surgeon General of the US was visiting the country and attending a dinner party with my parents. He and my parents left and came to the Vietnamese doctor's office that was attending me and he set my collarbone.
    17 Jul 2012, 12:45 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Bang, Now that's service.

     

    BTW, You were ahead of your time. You watch some of these new Judo junk movies (I've not been so inclined) and people are flying all over the place like Super Man Judo warriors. Now you just have to get a little more graceful on the landing. :)
    17 Jul 2012, 12:56 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    Well, BW's story elicits a similar from me.

     

    Riding downhill on a paved road with my oldest boy on the handlebars (a big no-no now) when the heel of his show sole swung into a space between the spokes and the front fork, instantly locking the wheel.

     

    We *both* went flying. My *only* thought was to keep my body off of him.

     

    Well, thanks to being rather gangling, and therfore clumsy, at various points in life as I spurted to 6'2" and having taken judo for a long time along with karate, I'd always been very good at taking nasty spills and emerging from them relatively unscathed.

     

    The end of this story is my son had *no* damage, not even a scratch.

     

    I had a scrape on my knee, very minor, and sore wrists for about a week or so.

     

    Thanked the Lord all around for that one.

     

    Without my training I would've probably locked my elbows (a major cause of broken wrists during falls) and broke both my wrists. But I distinctly recall thinking "flex, flex".

     

    'Course, I can't recall ever panicking during a situation like this - saved my but many times on the MC and in other cases (a spin in a Cesna 152 with no spin training being a best example - "I remember reading about this" I thought and then I kicked the rudder and eased the elevators). It ended well as here I am.

     

    HardToLove
    17 Jul 2012, 02:50 PM Reply Like
  • 481086
    , contributor
    Comments (3431) | Send Message
     
    How did you get into the spin in the 152 in the first place? 'Course I understand if you'd rather not say... ;) Were you solo? And I can't help also wondering about the, uhh, altitudes... entry and exit.. hopefully you recovered with angels and not just cherubs. ;)
    17 Jul 2012, 03:13 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    48: Practicing for short-field take-off with 50 foot trees at end of runway.

     

    Got my altitude, did my clearing turns and started pulling the yolk back as prescribed. I'd always had trouble keeping the ball centered and they had always had us practice at half-throttle. I was prepping to take exam with a retired military examiner and I knew he wouldn't go for that half-throttle stuff.

     

    So I went full-throttle. The wing dropped and the first turn or so I thought "Holy $h*t". Sometime before the completion of the second turn I had the epiphany of "I read about ..." and executed just fine.

     

    Scared me I thought. But not must have been as bad as I thought because on the way back to the field I saw some nice phone poles and started practicing turns around a point and figure eights.

     

    The wrap up is that I did go take my test and flopped when the wing dropped again and I lost about 30-feet of altitude (well within limits) and recovered without entering a spin but ended up heading 180 degrees the other way. No spin, just what I guess would be a slick fighter maneuver.

     

    Back on the ground, he started out in true military fashion (which I know from my father) "Someday you'll be a good pilot ... $h*t, you are now. Your problem is procedure boy! Procedure!".

     

    Well, I went and got re-married and never got my license. That was around the time rates were skyrocketing due to insurance hikes.

     

    But I got a few "hanger flying" stories as my instructor told me she let me do a lot of things with *way* fewer hours than her other students she'd had because I had "good judgment". This was even as I told her about every misadventure I had when I was on solo short and long cross-country flights, practicing radio navigation, etc.

     

    HardToLove
    17 Jul 2012, 06:11 PM Reply Like
  • Futurist
    , contributor
    Comments (2109) | Send Message
     
    John,
    Your Honda video led me to this one:
    http://bit.ly/Mt3gAr

     

    This has one of the best discussions of population growth, traffic growth, infrastructure capabilities, etc. Basically why the smaller vehicle must be made in the future. Fact filled. I immediately thought of your resource constraint statements.

     

    Enjoy.
    16 Jul 2012, 07:29 AM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    For battery neophytes like myself, some easy to read background info on charge rates, (i.e. C3 etc,) battery size codes (i.e. group 31), amp hours, and other info.
    http://bit.ly/M2B4zH
    16 Jul 2012, 07:46 AM Reply Like
  • Rick Krementz
    , contributor
    Comments (3088) | Send Message
     
    Yes, metro, Windsun has some good, readable information on batteries. However, East Penn has differing information, especially regarding AGM and gel batteries. Since they actually make the batteries, I consider their info more authoritative. See http://bit.ly/M3o0tY.
    16 Jul 2012, 12:56 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    thanks Rick for link.
    16 Jul 2012, 02:12 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Way OT but for the wind power guys. I remember when they were proposing mounting repeaters this way for the wireless industry before the cell tower / wired guys won for broadband.

     

    I guess that's one way to farm for laminar flow.

     

    Are These Giant Flying Turbines the Energy Answer?

     

    http://bloom.bg/M2DvCm
    16 Jul 2012, 08:03 AM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    Gee, can you imagine what a flight of geese would do to one of these things? Please make sure I'm not around when that propeller comes spinning down!
    16 Jul 2012, 09:38 AM Reply Like
  • D-inv
    , contributor
    Comments (4777) | Send Message
     
    An altogether different approach supposedly does away with rotors, turbines, towers, etc.
    http://bit.ly/Mz68FH
    16 Jul 2012, 11:06 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    DJ reports Quercus sold 224K, 7/10-7/13, $0.33 - I can't find the filing yet. ~2.256M shares total daily volume puts them right on their mark of ~10%.

     

    HardToLove
    16 Jul 2012, 09:08 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    http://1.usa.gov/ND4anK
    16 Jul 2012, 09:26 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    I just saw that. I'm glad they took advantage of those two higher volume days.
    16 Jul 2012, 09:12 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    That leaves Quercus with 481,800 shares between now and mid-September and takes my Blackrock balance estimate down to ±1.7 million shares remaining.
    16 Jul 2012, 09:30 AM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    Nice. The end is getting much closer. Also like that Axionista buying is being announced on this blog again.

     

    Would be helpful if someone updated the Estimated Shares Left after each trading day, for Blackrock, Quercus and BK Trustee.
    16 Jul 2012, 12:54 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4073) | Send Message
     
    While I don't like to disclose every purchase I make (as I'm up to my eyeballs in Axion stock), I always try to let HTL know since he is masterfully tracking all activity.
    16 Jul 2012, 01:19 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    Jon, thanks for the 100k mention.
    16 Jul 2012, 01:36 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4073) | Send Message
     
    Getting tempted to buy 712 shares... except its nice to know that selling lot is still there. Wondering what happens when the last 16,712 shares of that goes away.
    16 Jul 2012, 01:39 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    There's or buddy from the compensation trust again. Talented bunch.

     

    283k @ .315 USD.
    16 Jul 2012, 10:11 AM Reply Like
  • jakurtz
    , contributor
    Comments (1959) | Send Message
     
    Is it the same MM? I think it was NITE before. I don't know if all the shares would go through the same MM or not.
    16 Jul 2012, 10:21 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    jakurtz, Sorry I don't have level II. Need to wait for one of the others that have it to answer your question.
    16 Jul 2012, 10:32 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4073) | Send Message
     
    I think that weird number was a tease. It evaporated. I showed 283,712 shares at the .315 ask... and then it was gone.
    16 Jul 2012, 10:49 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    It's still there - 283K $0.315 MM VERT, second in line. On the bid, 290K $0.3139, 1st in line, MM VFIN.
    10:57 EDT

     

    hardToLove
    16 Jul 2012, 10:59 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4073) | Send Message
     
    sorry... its 288,712... and it is back on my screen... but I still think its nonsense
    16 Jul 2012, 11:11 AM Reply Like
  • RBrun357
    , contributor
    Comments (820) | Send Message
     
    HT

     

    With a spread of only .0011 you would think one big trade should go off between the 290k bid and the 283k ask !
    16 Jul 2012, 11:02 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    It's almost silly. But hey. That's the market. Who's gonna flinch?
    16 Jul 2012, 11:06 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    RBrun357: Yep, LoL! We've seen them stare each other down for 1/100th of a penny for hours a few times.

     

    HardToLove
    16 Jul 2012, 11:07 AM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    >H.T.Love ... I would imagine that to a trader, with no intention of a long term hold, every 1/100th of a penny counts. The only thing that I like about these standoffs is it gives some hope that some one is willing to bet something might happen to the upside and holds off collapse.
    16 Jul 2012, 11:14 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Wouldn't ya' know it, Some third party jumps in and ruins the almost perfect stare down.

     

    Me, All I want for Pre-Christmas is lots and lots of volume so we can see where this thing can go on it's own two legs without old baggage. As we can see from the sector, it already has enough of a load to carry.
    16 Jul 2012, 11:20 AM Reply Like
  • RBrun357
    , contributor
    Comments (820) | Send Message
     
    There goes 100K !
    16 Jul 2012, 11:18 AM Reply Like
  • RBrun357
    , contributor
    Comments (820) | Send Message
     
    Was that you HT? ;-)
    16 Jul 2012, 11:19 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4073) | Send Message
     
    Negative. That was me, the impatient, impertinent, and imwise.
    16 Jul 2012, 11:22 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Jon, We thank you for your zealous behavior.

     

    Now back to ZzzZZZzzzZ
    16 Jul 2012, 11:41 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    DRich agree. And along those lines, another 100K went at the ask, $0.315 just now.

     

    I'm beginning to think that Special Sits might be our buyer, as suggested some days back. We had another 100K on 7/10 and a decent 51.9K on 7/11.

     

    And on my experimental charts, average trade size and buy:sell has held up fairly well even as price has been under pressure.

     

    HardToLove
    16 Jul 2012, 11:23 AM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    >H.T.Love ... share price has the same problem as the product. Both would be just fine with one moderately well-heeled believer stepping forward. So we wait. I'll buy when I see things headed north.
    16 Jul 2012, 11:46 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4073) | Send Message
     
    I am not a Special Sit... though some teachers of mine thought so when I was younger
    16 Jul 2012, 11:59 AM Reply Like
  • runSILVERrun
    , contributor
    Comments (44) | Send Message
     
    I find it amazing that someone would dedicate $31,500 to this stock at this time. While I have some more reading to do on this one, what I see so far is a very speculative stock that has as much a chance of folding as it does doubling in the next year. I love seeking out the small overlooked stock with potential but am far from convinced that this one is it. Talk in here doesn't help all that much either. Lot of silly unrelated posts and little in the way of straight facts to make one see how this is a solid investment. $31.5k? Thats nuts if you ask me but no one said any of us were sane in this crazy messed up world.
    17 Jul 2012, 02:53 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    runSILVERrun:

     

    Sometimes when you run toward a strange swimming pool you have never visited before and take a flying leap into the deep end...

     

    You discover there's no water in the pool.

     

    Ouch.

     

    Some will jump to the conclusion that such behavior indicates some lack of smarts on the part of the groaning heap bleeding at the bottom of the empty pool, but I believe that hope springs eternal...

     

    So try again. Read the introductory article at the top os the page of this, the most recent of 127 similar Concentrators all narrowly focused on AXPW and its niche market. Note that the phrases highlighted in blue are links to the sort of data which will make the ringing noises in your head fade, and help to heal all those karmic scrapes and bruises you accumulated as you plummeted amongst us from outer space.

     

    Then come back and visit. With the proper preparation, I assure you that there is much to learn here.
    17 Jul 2012, 03:09 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    In February of this year Axion sold its last offering at $.35 a share. The current market price represents a 10% discount to that offering price. Most who have paid attention to Axion and studied its business and technology thought the last offering was sold at a bargain basement price. The 10% discount from the February offering price is solely attributable to sales by somebody else's bankruptcy trustee. Those who know what they're looking at see value. It sounds like you need to focus on silver (just like all the other trolls who've haunted this forum over the last year).
    17 Jul 2012, 03:12 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4073) | Send Message
     
    Yawn.

     

    I put in another buy order in the .2x range.

     

    Stocks that get the attention of traders and mo-mo heads put in higher lows and higher highs. As I see it, the first step is a higher low than .25.
    17 Jul 2012, 05:47 PM Reply Like
  • jpau
    , contributor
    Comments (960) | Send Message
     
    Try as I might, I couldn't get myself to pull the trigger today. I wanted to, just couldn't commit.
    17 Jul 2012, 06:32 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    jpau, Buying and selling needs to be a decision based on your own circumstances. What others are doing and why might be part of the thought process but your decision needs to be tailored for your own risk/reward ratio and personal needs.
    17 Jul 2012, 06:58 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    I agree with Iindelco. I've learned the hard way that for me missing a little upside is much less stressful than getting hammered to the downside for things that I was expecting to move in my favor in short order.

     

    So I've had to get comfy with ignoring the "I could've bought $x.xx cheaper" and *certainly* forget about "It'll never get cheaper than this", as it almost certainly does in those cases.

     

    I've settled on picking some price ranges that suit me - a really low price that might not be the lowest or a higher price when it's looking like it is in (or starting) a sustained move up.

     

    I've learned to try and avoid (not always successfully) those places in between.

     

    For me, managing the risk and opportunity cost have become just a normal part of my thinking now.

     

    As to "couldn't commit", I've done that hundreds of times and will do it hundreds more, I'm sure. I've never regretted not losing the money I didn't commit and learned to ignore the gains I might have missed.

     

    MHO,
    HardToLove
    17 Jul 2012, 07:27 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4073) | Send Message
     
    couldn't have said it any better than iindelco and HTL - kudos to all three of you
    17 Jul 2012, 08:18 PM Reply Like
  • RBrun357
    , contributor
    Comments (820) | Send Message
     
    Jon,

     

    I see another 135k sitting there at $.315 waiting for you!
    16 Jul 2012, 11:33 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4073) | Send Message
     
    -LOL-
    16 Jul 2012, 11:59 AM Reply Like
  • RBrun357
    , contributor
    Comments (820) | Send Message
     
    The original 283k ask is getting absorbed but the original 290k bid is still in tact! HHmmm! What is your take HT?
    16 Jul 2012, 11:50 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    RBrun357: It means that someone came in and hit the ask that was not sitting in the bid queue at $0.315 or lower.

     

    Could be like I do: I don't put stuff in early and let it sit - I pull the trigger, usually at the ask but sometimes mid-point. If I don't get hit quickly, I cancle. All this to avoid giving advantage to the MMs or others I don't trust.

     

    I notice the $0.315 is now VERT 41K and a 5K from FANC.

     

    Through 11:51:49, buy:sell 4.03:1. So lots of buys coming to the ask.

     

    HardToLove

     

    EDIT: I notice I'm not familiar with MM VFIN and VERT. I wonder if they are the two sides of the same MM. This is one of the ways they force buyers to pay a higher price. Let's see if the VFIN bid goes away when VERT is exhausted.
    16 Jul 2012, 12:15 PM Reply Like
  • RBrun357
    , contributor
    Comments (820) | Send Message
     
    I agree with the buys coming from the sidelines and not published as the 290k continues to be on the bid on VFIN. I came in on the .315 and took a few of those original 293k shares myself. The interesting thing will be if the 290k hangs around at $.3139 or gets adjusted once the remaining 36k at .315 are consumed.
    16 Jul 2012, 12:28 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    VERT M The Vertical Trading Group, LLC, Trading
    VFIN M Vfinance Investments, Inc, OTCBB/PINK SHEETS

     

    A good resource seems to be http://bit.ly/xDSLL3

     

    HardToLove
    16 Jul 2012, 01:09 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Despite ambitions, growing gap in battery-powered cars

     

    http://bit.ly/PZqSgc
    16 Jul 2012, 01:24 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Lot's of wanna be cars for sale at real car prices. Actually might be worth it for certain functions but then you get back to the fact you're driving with full sized vehicles and buses.

     

    This tiny electric car folds up for easy parking.

     

    http://bit.ly/McU555
    16 Jul 2012, 02:04 PM Reply Like
  • Tim Enright
    , contributor
    Comments (1345) | Send Message
     
    iindelco, that would fit nicely on my upper deck! actually, I think I could turn it around once I got up there. 5' long and all wheels turn 60 degrees. But alas, I have no plug!
    16 Jul 2012, 08:49 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Tim, Solar panels and one of those helium filled windmills.

     

    You'd never get any sleep. You'd be the talk of the driving circuit with more ears than an Iowa corn field. Well an Iowa corn field in a year with more precipitation. :(
    16 Jul 2012, 09:26 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11197) | Send Message
     
    Bankrupt Valence (VLNC) commences after hours trading on OTCQB, down to a nickle per:

     

    http://yhoo.it/OBTSoe
    16 Jul 2012, 05:03 PM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    Maya,
    Yes, I was just reading that. I went to the message boards on Yahoo to read the reactions. Half of them are trying to set up litigation to sue and the other half are talking about why this is a great buying opportunity, claiming they doubled their value from 2.5 cents to 5 cents. Volume was 31.8 million shares, though on OTCBB, as we know, that's really "only" 15.9 million shares!
    16 Jul 2012, 05:30 PM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    John,
    Question to you regarding Valence. There were about 16 million shares sold today, which means someone also bought 16 million shares. Granted they were for 2-5 cents each, but it is my understanding that when a company goes into bankruptcy the current stocks become basically worthless and aren't part of any stock offering that might go forward after the company emerges from BK (assuming they emerge). So why is anyone buying the stock? Are they hoping to get control of the patents, or hoping that there will still be money left over to make the stock worth more than a nickel a share? Just trying to understand some level of logic here?
    Thanks.
    16 Jul 2012, 09:46 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11197) | Send Message
     
    LabTech: Remember GM, when it went bankupt, and shares traded for months afterwhich? This is why:

     

    -- Krenn and others who buy stock in bankrupt companies such as Lehman Brothers, Washington Mutual, and Borders hope there will be money left over for equity holders after all the debt is repaid.

     

    Above extracted from this Newsweek article about why shares of a bankrupt company keep trading after bankruptcy:

     

    http://buswk.co/MC3YG7
    16 Jul 2012, 10:02 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Labtech, Also don't forgert short covering. Nasdaq site is wiped but.

     

    http://aol.it/MunLMS

     

    Short Interest
    Current Month (Mil) 11.18
    Previous Month (Mil) 14.09
    Short Interest Ratio (Days) 12.30
    16 Jul 2012, 10:10 PM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    Maya,
    Gotcha. Thanks for the link. The VLNC message board is really full of venom for Berg. Basically they seem to think that he orchestrated the whole BK for a tax write off and to then have the company all to himself. But that's the part I don't understand. I understand he holds half the company's stock, and a lot of it's debt, but wouldn't the patents have to be sold for him to get any value for his stock as well? I don't see how he can get control of the company coming out of BK unless he is the one who buys the patents? And wouldn't that look strange to the SEC?
    16 Jul 2012, 10:19 PM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    IINDelco,
    Yes, I read that in Maya's link as well. Though I have to be honest that I understand very little about short selling and covering. I understand the basics, but for the most part I'm of the opinion that shorting shouldn't be allowed, so I've never really studied it that much.
    16 Jul 2012, 10:22 PM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    Was just reading up on Chapter 11. Now I understand. Since Berg is one of the major creditors he can have a say in how the company reorganizes and comes out of Chapter 11 (assuming it does). So then, since the creditors can often accept stock in the reorganized company as payment, he would be able to get a majority of the new stock and not be burdened by the other general stockholder's who will lose everything, or the debt of the previous company before BK.
    16 Jul 2012, 10:41 PM Reply Like
  • Deamiter
    , contributor
    Comments (165) | Send Message
     
    Wow, LabTech, I was going to type the exact same question to John once I got through new comments...

     

    I'll just go sit back down in the back corner.
    16 Jul 2012, 11:03 PM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    Deamiter,
    Nonsense! Come sit with me. I'm up in the 3rd balcony. I've got a nice corner seat. The only problem is this pillar that seems to always be blocking my view! Oh, and there is this leak in the roof. It's not too bad, but the slow, constant drip on your head just reminds you that, the show is coming, but the waiting does try your sanity!
    17 Jul 2012, 12:05 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    It's tidier for stockholders to sell if they plan to take a tax loss and it's also tidier for shorts to buy and cover their position. There are also some who are willing to splash out a couple pennies a share on the off chance that lightning might strike. I'm surprised that Valence didn't pull the plug a couple years ago, but I've seen the outcome as inevitable for a long time.
    17 Jul 2012, 12:44 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    (AXPW) 7/16/2012 EOD stuff.
    # Trds: 48, MinTrSz: 288, MaxTrSz: 100000, Vol 454228, AvTrSz: 9463
    Min. Pr: 0.3100, Max Pr: 0.3220, VW Avg. Trade Pr: 0.3145
    # Buys, Shares: 35 364603, VW Avg Buy Pr: 0.3151
    # Sells, Shares: 13 89625, VW Avg Sell Pr: 0.3119
    # Unkn, Shares: 0 0, VW Avg Unk. Pr: 0.0000
    Buy:Sell 4.07:1 (80.3% “buys”), DlyShts 329088 (72.4%)

     

    The short sales percentage is the highest I've recorded since 2/6 and the third highest absolute volume of short sales. It suggests to me Blackrock was present since they are still in cretificates as far as we know. Even if Quercus was in, their volume should be ~41.3K.

     

    Regardless, the support by buyers remained strong, as evidenced by reasonable volume, good buy:sell ratio and average trade size. Even backing out the 100K trade, we had an average trade size of 7,380 and a buy:sell of 2.95:1 which is 74.7% “buys”.

     

    John's been tracking an estimated running balance and today's comment early in the day suggests that that Blackrock is down to 1.7M+/-. If Quercus is not in to day, we can safely knock off another 300K or so.

     

    On the experimental charts, nothing of note has changed, except of course the huge short sales percentage. On the traditional TA front, ... "fugedaboudid" - nasty as one would expect when BR and maybe the Mega-C trustee are visiting. These folks are like fish - after three days visiting, they start to stink.

     

    HardToLove
    16 Jul 2012, 06:04 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    If the BK trustee shares don't show on the FINRA reports, then Blackrock appears to be the big seller of paper shares. I haven't been keeping close track, but it appears that their pace of selling has quickened, perhaps quite a bit? If so, the good news is that at this pace they will be gone soon; the bad news is their bigger sales are coming at the same time that the assumed heavy-handed BK trustee is selling and Quercus is, too (although "only" 10% every day). So there well could be two big sellers bailing at the same time, if only for several weeks more.

     

    The other good news is the decent demand in spite of this well-known selling.
    16 Jul 2012, 07:03 PM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    HT -

     

    Question about the number of shares that move in this OTC situation where a sale counts as a buy and a sell. Lets say volume for the day is listed at 450K. Doesn't that really mean only 225K were moved from seller's hands?

     

    So rather than 45K shares for Quercus in said example (10% of volume), wouldn't it be closer to 22.5K shares?
    16 Jul 2012, 07:24 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    Stefan,
    They sale 10% of volume, which works out to 20% of sales volume. So Q would sell 45k using your example from above.
    16 Jul 2012, 08:49 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    Mr Investor,
    Given your scenario, that is why I am waiting to purchase more shares in the near future instead of now. If there is good news that drives price up before I purchase, I've already got enough shares.
    16 Jul 2012, 08:51 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    Given Q's history, they miss hardly any days selling, so I think it is safe to assume they were in today.
    16 Jul 2012, 08:56 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    HTL and John,
    "DlyShts 329088 (72.4%)" so does this ostensibly mean that BR sold some of this 329,088 today and will continue selling tomorrow, or near future?.
    16 Jul 2012, 09:06 PM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    Thanks metro. So in my example, Q would account for 45K of sellers' volume and there would be another 180K to attribute to other sellers for the day?
    16 Jul 2012, 09:10 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    metro--me, too, on all counts.

     

    With perhaps 3mil-3.5mil shares left for the Big 3 to sell, at the current daily average volume pace maybe we'll see the ending in a month, after the Q2 earnings release/conf call.
    17 Jul 2012, 12:03 AM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    If we attribute close to 100% of the FINRA shorts to stock coming from certificate form and sellers can only make up half the total sales volume for the day ... why did we have total volume for today of 454K, but 329K daily shorts? Where are the daily shorts over 227K coming from?

     

    Sorry, if someone has covered this before.
    17 Jul 2012, 12:15 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    I found the daily short number puzzling. It's possible that market makers have to deal differently with a bankruptcy trustee, but who knows. To keep my analysis simple, I've assumed a total overhang of 4.6 million shares on July 9th (1.9-Blackrock, 2.0-Mega-C and 0.7-Quercus) and I'm following cumulative volume. When the total reaches 9.2 million, we should be down to vapors on the sell side. It currently stands at 2.7 million shares.

     

    The current price range seems to be another pre-empt but I expected it to be from the Bankruptcy Trustee rather than Blackrock.

     

    July volume currently stands at 3.75 million shares compared with 3.82 for the month of June. At this rate the selling may not survive through the Q2 conference call in mid-August. Then we get to find out what the stock is worth, as opposed to what somebody is willing to sell it for.
    17 Jul 2012, 12:25 AM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    Assuming the BK trustee is now holding the shares in a brokerage acct., do those shares have to be registered? In my ancient history I held unregistered shares in a brokerage acct. plenty of times. So perhaps the BK shares being sold are part of the FINRA short numbers, not just Blackrock's and Q's?
    17 Jul 2012, 01:07 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    The shares held by the bankruptcy trustee are not restricted, but I don't know whether the fact that they're being sold for the benefit of a bankruptcy estate makes a difference at the market maker level. If there are additional hoops that the market participants have to jump through then the sales might be reported as shorts even though the paper is unrestricted.

     

    That's why I've decided the safest thing to do is look at the entire known overhang and work backwards from there. We know who those players are and *think* we know how many shares they each have. As long as the totals work out there's no need to try and figure it out play by play.
    17 Jul 2012, 01:41 AM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    yes,
    17 Jul 2012, 08:37 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    Mr Investor: "If the BK trustee shares don't show on the FINRA reports"

     

    I started to post scenarios but it got really long really quickly. The opaqueness of the process prevents drawing a definite conclusion.

     

    The long and the short of it, AFAICT, is that stocks in certificate form are about the only ones that we can know for certain their impact on short sales.

     

    AFAICT, all shares that have entered the CEDE and DTC processes can both trigger and *not* trigger short sales flagging, depending on a lot of variables.

     

    Is the source broker the owner of a market-maker or not, are the shares transferred (via DTCC on-line ports?) to the owned market-maker account (at the DTCC?) before or after the sell is executed by the market-maker, etc.

     

    For other highly-liquid issues I watch on major exchanges, typical short-sales percentages (which I believe are *predominately MM mechanics effects, not "real" short sales as we would think of them) seem to hover in the 40%-60% range most often. This suggests to me that most times electronic trading results in a sequence of: sell order entered at brokerage by on-line customer is forwarded to MM; MM executes and flags as short; shares are transferred (via DTCC portal?) from brokerage account to MM account at DTCC; MM account is "netted" at a later time (but this is not mandatory as MM could make covering buys prior).

     

    However, it seems reasonable, with all the on-line facilities the DTCC has added over the years, that transfer of shares to the MM account could be done prior to or simultaneously to the passing of the sell order to the market-maker. In such a case, no flagging as short would be required.

     

    AXPW seems different, maybe because it's OTC and that seems to consist of a single (based on the fact that a single MM code is used for all bids and asks and a different single MM code is used for a trade executions) NASDAQ-provided platform. All the short sale averages (which at one time, before my experimental charts, I had calculated at 30.6%) stay below 35% (in fact, the maximums for the 10, 25 and 50 are 32%, 28% and 24% respectively - the 100 day doesn't have enough time to be meaningful yet).

     

    So it appears that AXPW on the OTC has something that is different from the other stocks I happen to follow.

     

    HardToLove
    17 Jul 2012, 08:54 AM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    Except that the three's expected selling paces are not similar--the trustee was expected to sell rapidly, Q is still expected to sell 10% consistently, and Blackrock's somewhere in the middle. At least BR was. The pace can have a big effect on the stock price, of course, at least in the short run.

     

    And on the other direction when the selling's over.
    17 Jul 2012, 09:33 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    Stefan: AFAICT, based on observation of total volume changes on Level 2 observed by others and myself, not for trades executed on shares that reside in brokerage accounts (that own market-makers?).

     

    We have observed 1:1 changes in total volume when we entered sell orders and saw them filled.

     

    There are other scenarios, at least one of which I think John can/has elucidated, where a sale results in two transactions. maybe for those in certificate form?

     

    But even those would not affect daily short sales and John has noted a strong correlation between certificate shares and daily short sales.

     

    Regardless, with the electronic platforms in predominate use now, even that 1:2 ratio may be under attack. We (I?) just don't know enough details to say for sure. But in today's environment, when the certificates are converted, if I understand what John has explained, CEDE becomes the "owner", the shares are registered in "street name" and "reside" at a brokerage, and the real owner is the "holder of record"(?) (used for such as making sure you get your dividends, etc.).

     

    Which of these steps involve a "sale" is not known by me. But it does *appear* that the *majority* of cases would no longer involve a 1:2 ratio as mechanisms seem to exist to increment and decrement accounts (at the DTCC?) to transfer shares to a market-maker owned by the brokerage holding the shares.

     

    Of course, there are brokerages which don't own a market-maker, but even there they may have some kind of arrangement? With brokerages, market-makers, exchanges, DTCC increasingly electronically connected, I *suspect* that the number of 1:2 trades is decreasing.

     

    In ignorance, on incomplete information, lots of deductions involved,
    HardToLove
    17 Jul 2012, 09:41 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    I *think* the trustee has set its pre-empt price low enough that Blackrock won't follow. If that's true we should see about 5 million shares trade in the sub-$.35 range as the trustee sells 2 million shares and Quercus sells 500,000.

     

    Once the trustee is gone, I'd look for the price to rebound slightly to $.35-$.36 as Blackrock sells the balance of its position. From that point forward, the white hats should be firmly in control.
    17 Jul 2012, 09:44 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    Stefan: *if* John's observations are correct, the short sales really are 1:1. Blackrock is still in certificate form - they would be all shorts I think. The Mega-C shares may reside at a brokerage that doesn't have electronic access and their sell orders might have to be "phoned in", resulting in short sale flagging. Even if they have electronic access, the sell order could be placed with the MM before shares are transferred - a short sale flag is mandatory then.

     

    Market-makers could be doing short sales in response to other sell orders for shares *not* under their control and those would be flagged as short sales.

     

    The numbers you cite are one of the stronger indications that the 1:2 may not be as predominate as it was in the past. IOW, "and sellers can only make up half the total sales volume" is not the way to look at it, IMO. Observation, as I mentioned in some other comments today, suggests that *many* (most?, all?) trades are 1:1. It's mostly electronic and computers are good at seeing a match between a sell and a buy as a single transaction against a single set of shares and adding the number of shares correctly.

     

    MHO,
    HardToLove
    17 Jul 2012, 10:06 AM Reply Like
  • JohnM121
    , contributor
    Comments (500) | Send Message
     
    9.2 - 2.7 = 6.5 million shares. At .315, that is a tad above $2 million to clean them all up. That's more than I can buy, but maybe there is facebook employee among us looking for a safer diversification.
    17 Jul 2012, 11:11 AM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    I will add that on two occasions, both low volume days, my trades represented well over half of the total volume. IIRC, one day I bought about 70k shares and the total volume was about 100k and the other I sold about 100k and the volume was about 160k. Only two data points, but the 2:1 assumption (total volume to end-user volume) wasn't even close.
    17 Jul 2012, 11:27 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    MrI: "Only two data points, but the 1:1 assumption wasn't even close"

     

    Can you clarify your meaning? If you're referring to daily short sales or ...?

     

    HardToLove
    17 Jul 2012, 11:30 AM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    Sorry--typo. Edited my comment above.
    17 Jul 2012, 11:45 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    There isn't always a double count on the OTCBB. If your brokerage firm has a buy order for 5,000 shares from one client and a sell order for 5,000 shares from another, it will usually do an in-house cross where there's a single 5,000 share print for the trade. Likewise, big blocks are frequently routed through the Instinet which also results in a single print instead of a double count.

     

    I assume a double count in all my estimates and calculations because that's the easiest and safest way to estimate the number of shares that have moved from the hands of sellers to the hands of buyers. The assumption invariably results in a number that's a little lower than reality, but I'd rather over-estimate available supply than under-estimate it.
    17 Jul 2012, 11:53 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    MrI: Thanks.

     

    HardToLove
    17 Jul 2012, 11:53 AM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    Building in that buffer is a good thing, IMO, because we've had some significant selling from Axionistas and probably others from time to time, so the recent supply has not been solely from the Big 3. Ditto for the remaining supply from the Big 3, IMO. Holding conviction is being tested almost daily now. We're almost back to 30 cents as I write this.
    17 Jul 2012, 12:11 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    I find it encouraging, regardless, that in spite of the knowledge shared here, folks come in and hit the ask even as it moves down.

     

    As of 12:27 w/~148K traded, buy:sell is 1.81:1.

     

    Of course it will change but I think, as John has pointed out many times, this is slowly moving shares from weaker to stronger hands.

     

    HardToLove
    17 Jul 2012, 12:44 PM Reply Like
  • jveal
    , contributor
    Comments (644) | Send Message
     
    New Quercus filing.
    http://bit.ly/LmkGZ9

     

    Same as link JP gave above.
    16 Jul 2012, 06:12 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    For anyone interested. They are starting to propose rules about shipping asymmetric capacitors.

     

    http://bit.ly/MCcmFw
    16 Jul 2012, 10:49 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    For anyone interested here is a good resource site for EV battery manufacturers. The upper search box shows them in alphabetical order. Hey Axion's noted!

     

    Haven't totally researched the site for other amenities.

     

    http://bit.ly/NspS22
    16 Jul 2012, 11:26 PM Reply Like
  • magounsq
    , contributor
    Comments (956) | Send Message
     
    Hmmm

     

    Similar challenge for AXPW?

     

    ZBB Energy Retains Three Part Advisors as Investor Relations Counsel
    http://bit.ly/NvcMyd
    17 Jul 2012, 09:43 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Yeah, Axion could use this. Of coarse it depends on the $ involved.
    17 Jul 2012, 10:11 AM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    On previous Concentrators, my posts asking about the IR role and whether Allen & Caron are good enough for it met with about zero replies. I've talked with them once, and was not impressed. Perhaps they are extremely good at working in the background, or maybe Axion doesn't pay them for IR work, only PR work.

     

    Either way, thank goodness we have JP. He's effectively filled the IR role way better than most hired guns ever would. At no cost to Axion.
    17 Jul 2012, 10:17 AM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    I don't know if we need someone helping investors understand what the stock is worth, and why it is a good investmen,t as much as we need OEMs understanding the product and why they should build their systems around it.
    17 Jul 2012, 10:31 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    LabTech, Last I knew Axion was still running around with tin cup in hand to keep the doors open until they finish testing. As such educating investors remains a necessary evil.
    17 Jul 2012, 10:51 AM Reply Like
  • Al Marshall
    , contributor
    Comments (631) | Send Message
     
    I met Joseph Allen, Chairman and CEO of Allen & Caron at the Annual Meeting and spoke with him for several minutes. He's an older gentleman who obviously has a very long-standing, and I would say, close relationship with the principles at Axion.

     

    I would put him in the East Coast establishment type of mold. He wasn't working the room trying to promote Axion with the people present (it sure seemed like he knows everyone who matters) and if anything was staying out of the way of shareholders meeting management.

     

    While his firm has an office in Irvine, CA, I don't have the impression that Mr. Allen is working the Facebook millionaires crowd. I'm not sure that's Mr. Granville's style either. I find that a little frustrating, but we have to take the bad with the good. Somehow, I don't think someone like Marissa Meyer would be the right person to run Axion. Ya think she'd have the patience?

     

    I don't remember too many specifics from my conversation with Mr. Allen, but I thought he was helpful, quite friendly, and surprisingly patient with me.
    17 Jul 2012, 02:55 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    apm, thanks.
    17 Jul 2012, 04:07 PM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    IINDelco,
    The stock has moved a few million shares in a week or two. The problem isn't that we don't have people willing to buy it. The problem is that we don't have people willing to spend more than $0.25-0.35/share on it because that's what some large holders are dumping it on the market for. If the company could get some real sales, that show a pipeline for the future, then I think we will have more buyers than we know what to do with. If you look at John's profile you will see he has over 53K followers. Obviously they all aren't Axionistas, but they know about Axion. Give them a reason to buy the stock and they will. IMHO
    17 Jul 2012, 10:23 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4073) | Send Message
     
    LabTech,

     

    JP definitely has a lot of followers as one can see from the comments on his articles...
    ...however the 53,000+ followers is a misnomer.... there was a short-lived time period when SeekingAlpha randomly assigned followers to authors... all the authors with over 40,000 followers are beneficiaries of this window in time... as well as some with less than that number.
    17 Jul 2012, 11:01 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    I had 1,650 followers when that program started and 52,956 when it ended, so I think of myself as having a few thousand real followers. Unfortunately I'll never have a firm grasp on the number because of SA's once upon a time effort to promote its most read contributors.
    17 Jul 2012, 11:49 PM Reply Like
  • Rick Krementz
    , contributor
    Comments (3088) | Send Message
     
    Similarly, my comment count and likes count have been frozen for weeks, maybe months.
    18 Jul 2012, 06:48 AM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Rick, it may be that SA is no longer "counting" comments and Likes posted on blogs, but only Articles. There was some discussion that this would be done. SA sees zero value in the instablogs, and little value in commentary beyond what it might add to an Article.

     

    Those of us who have been here a while remember when this was not the case, and commentary was acknowledged as one of the noteworthy activities which make SA work.

     

    At the point where our contributions were so rudely discounted, I decided that my motives for participating here were unchanged, regardless what odd notions might have permeated SA management. In a very real sense I (and I suspect, many of those who post up to these Concentrators) do so despite the site structure, rather than because of it.
    18 Jul 2012, 08:26 AM Reply Like
  • Rick Krementz
    , contributor
    Comments (3088) | Send Message
     
    Thanks, TB. Makes sense mathematically, if not rationally.
    18 Jul 2012, 08:54 AM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    Jon,
    I stand corrected, but I still think the fact holds, if not the numbers. Granted, as John always says, 90% of the market has never heard of Axion, but there are still enough investors out there that have that the stock could move up if there was a big enough reason to push them off their walls and a final end to the dumping of the stock by the current sellers. IMHO
    18 Jul 2012, 10:10 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4073) | Send Message
     
    No disagreement from me LabTech.
    18 Jul 2012, 10:14 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    I think I've typically said that 99.99% of the market doesn't know Axion exists, but it's not worth quibbling over ;-) It's still "The Greatest Story Never Told."
    18 Jul 2012, 10:39 AM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    John,
    You've got 276 articles plus instablogs. The problem isn't that the story hasn't been told. The problem is that most investors don't have a library card yet or haven't had an automatic ringer go off that tells them there is a new stock they should read the book about. Let NS order the batteries for 50 electric switchers, or BMW announce they are putting the PbC into one of their new start-stop models and I think their will be a lot of investors rushing for the Cliff notes.
    18 Jul 2012, 10:48 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    That's exactly the point. I probably reach 6,000 to 10,000 readers a week and I think the vast majority are long-term followers as opposed to new eyes. Some readers who make the time to study, think and understand become buyers. Most become watchers because they're waiting for Axion to prove something. I believe there are several fence sitters for each Axionista, but that belief and $5 will get you a cup of coffee at Starbucks.

     

    http://seekingalpha.co...
    18 Jul 2012, 10:56 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4073) | Send Message
     
    ...or you can make the coffee at home and buy 15 shares of AXPW with the money left over
    18 Jul 2012, 11:04 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    LabTech, Where the stock is trading and the volume have little to do with the fact that Axion will need cash (Hopefully sooner rather than later). The only thing that the stock price does for them is change the possible interest and issue price of additional shares in a future offering. Both the value of the current shares and of any subsequent financial instruments Axion chooses to sell require getting their story out. The story is enhanced not only by added events but also how it's relayed. TG is no Mister Rogers.

     

    I'm here because of the technology. I'm less comfortable with the path to commercialization because it's not clear to me. One more good bite from another interested monster would clear a s--t load of fog.
    18 Jul 2012, 11:07 AM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    " One more good bite from another interested monster would clear a s--t load of fog."

     

    True enough.
    18 Jul 2012, 11:20 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    "Most become watchers because they're waiting for Axion to prove something"

     

    And therein lies the difference between *huge* gains and just *great* gains - those willing to risk a bit (act somewhat foolishly from many POVs?) and wait a lot will be feeding shares to many of those others.

     

    Necessary for markets to work.

     

    MHO,
    HardToLove
    18 Jul 2012, 12:47 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    Just remember that plan when the time comes because my biggest fear is that the float will be too tightly held when the selling ends. We don't want a situation where the price goes from $.30 to $5 in a week because nobody will believe it can hold. A nice steady ramp is much more credible.
    18 Jul 2012, 12:53 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    IIRC, wasn't there a mention, or reported sighting of several (or a few) institutional investors at AGM? Or was that like a bigfoot sighting?
    17 Jul 2012, 11:03 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Nice to see the comments at the end focused on batteries. To me that seems constructive.

     

    BMW system not fairing so well for a mid luxury vehicle.

     

    Consumer reports:

     

    Stop idling! Stop-start systems have great promise for saving fuel

     

    http://bit.ly/NBUHCC
    17 Jul 2012, 11:06 AM Reply Like
  • 43933
    , contributor
    Comments (23) | Send Message
     
    Has anyone noted this, I searched the concentrator for Durathon and found nothing. This appears to be a real threat to some of Axions potential and it is real and large in the commitment of capital. Any thoughts because this worrisome to me. After all, Immelt sleeps in the Lincoln bedroon.

     

    http://bit.ly/M6E4ed

     

    GE announced today [July 10] that it will invest an additional $70 million to expand its Durathon battery manufacturing plant. The new batteries are half the size of conventional lead acid batteries but last ten times longer. They are the result of a $100M R&D investment, and are targeted at telecom and utility operators.
    17 Jul 2012, 11:07 AM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    It was first discussed in concentrator 125, believe it was mayascribe who first linked the article.
    17 Jul 2012, 11:19 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    Durathon is a GE brand for the sodium nickel chloride battery commonly known as the Zebra. It was developed for use in EVs by Daimler who eventually sold the technology to a Swiss company that's now known as FZ Sonick. Over the last 10 years, FZ Sonick has put a fleet of about 3,000 electric cars and buses on the road in Europe and while the battery performs well, customers are reluctant to pay the price premium for electric drive.

     

    The Zebra is a high temperature battery that operates in the 300° C range and prefers discharge periods in the 1 hour plus range. It's an energy battery, rather than a power battery like the PbC. GEs current focus of selling the Durathon as a fuel saving technology for use in remote cell phone towers that are currently powered 24/7 with diesel generators is a very sensible approach and they'll probably be quite successful.

     

    I've toured the FZ Sonick facility and am amazed at the complexity of their manufacturing process. Each 100 wh cell has roughly 15 precision components. – http://bit.ly/Njxotj – Once the cells are assembled, they're put into insulated packs and shipped to the customer. If a charged pack is not maintained at the right operating temperature, it becomes non-functional and will typically take 24 to 48 hours to get back up to heat.

     

    From what I understand, GE plans to use the Durathon in its hybrid locomotive, but that's as close as it comes to being competitive with the PbC. It's not suitable for use in automotive applications because the minimum pack size is about 15 kWh and consumers are scared by high temperature batteries. It doesn't have the charge acceptance required for battery-powered locomotives. If you're not running it up and down on a regular basis, the efficiency losses from keeping the battery hot get overwhelming.

     

    The bottom line is that GE has a good product in the Durathon, but that product is not likely to be competitive in the markets Axion is focused on.
    17 Jul 2012, 11:31 AM Reply Like
  • D-inv
    , contributor
    Comments (4777) | Send Message
     
    GE's new battery strikes me as quite likely to garner significant market share in stationary applications where energy density is called for. Earlier links and discussion noted a high internal operating temperature (300 C), significant weight (400 lbs), high charge acceptance, less high discharge, long life cycle. Either don't remember or haven't seen a cost/kWh figure.
    17 Jul 2012, 11:54 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    The latest Lux report pegs the manufacturing costs for Zebra batteries at $550 per kWh at the system level before depreciation, overhead, profit and transportation.

     

    http://bit.ly/M6QiUp

     

    Since GE is pretty adamant about maintaining margins, I'd expect a user price in the $700 to $1,000 per kWh range.
    17 Jul 2012, 11:57 AM Reply Like
  • Al Marshall
    , contributor
    Comments (631) | Send Message
     
    Here's a recent Business Week article on Durathon:

     

    http://buswk.co/No9nUM

     

    Apologies if it's already been posted.
    17 Jul 2012, 03:02 PM Reply Like
  • amishelvis
    , contributor
    Comments (143) | Send Message
     
    I got to the AGM early, and I wished I had studied the name tags better. I do remember a few small/ mid size regional people, Two from Pittsburgh and one from Erie. Anyone else?
    It has occured to me that one larger house could wipe out all the excess float with 5-M$
    17 Jul 2012, 12:21 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    I think the number is closer to $2 million at this point, but professionals are usually bottom feeders too, which means they want to lurk as long as possible before slurping up the crumbs. Right now it looks like the bankruptcy trustee may be doing a dutch auction thing and dropping the price a little each day until somebody takes him out. That kind of thing seems sensible to many lawyers who don't understand that they're just setting the stage for a mexican standoff. – http://bit.ly/M8snYx
    17 Jul 2012, 12:58 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    Thanks, amishelvis. I was hoping to make the gathering, in which I was going to focus on talking with the investment folks. Not sure they'd tell me much, but Q told Maya what they're doing during last year's gathering, so maybe I woulda learned something valuable.

     

    Maybe some of the firms you saw have been doing a lot of the buying lately.

     

    Might only take about $1mil to take out the remaining Big 3 shares: if 3.5mil left x 30 cents. Small change in the grand sheme of things.
    17 Jul 2012, 01:01 PM Reply Like
  • 43933
    , contributor
    Comments (23) | Send Message
     
    Thanks for all responses to my Durathon Question, much appreciated. And fast! I should have known that you all were up on this item. A long time lurker and holder.
    17 Jul 2012, 01:36 PM Reply Like
  • D Lane
    , contributor
    Comments (1677) | Send Message
     
    I would appreciate hearing from our experts about the potential value of this hybrid truck application: http://bit.ly/LwjZ4m

     

    They are using JCI lithium-ion in work truck applications--especially trucks that need power while they are stationary.
    17 Jul 2012, 01:45 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    It looks like the economic proposition may be a tough one. They claim fuel savings of up to 1,750 gallons, or roughly $7,000 per year. A 28 kWh battery pack probably represents $28,000 in end user cost while the hybrid drive and labor would be an add on from there. Without a clear number for balance of system costs, I can't figure a payback period, but six to eight years for cash on cash seems likely.
    17 Jul 2012, 01:56 PM Reply Like
  • D Lane
    , contributor
    Comments (1677) | Send Message
     
    Thanks John. I wonder what the lifespan of such a truck would be? I'd guess at least 15 years.
    17 Jul 2012, 02:16 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    Without knowing a lot more than I do I'd hate to guess.
    17 Jul 2012, 02:21 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Crash Recovery System -Technology update

     

    TECHNOLOGY UPDATE - START/STOP SYSTEMS

     

    "The problem with such ultra-capacitors is not the electrical danger as they operate with only 5.2 volts but the potential damage to the capacitor in the event of a collision or during extrication activities as these capacitors contain the chemical acetonitrile as a solvent. Acetonitrile is highly flammable and harmful by inhalation, ingestion, and/or skin contact.

     

    Emergency responders should need to exercise caution not to damage an ultra-capacitor while working on a vehicle with rescue tools. On vehicles currently available with this technology (Peugeot and Citroen vehicles with e-HDI engines) the ultra-capacitor is mounted in the left front fender area. The position of these capacitors, as well as some background information, has now been added to the Crash Recovery System. If an existing ultra-capacitor has been damaged in the accident, responders should take extra precautions when working in close proximity the device. The manufacturer of the capacitor and of the vehicles advice responders to wear full personal protective equipment, including respiratory protection."

     

    http://bit.ly/NuejaM
    17 Jul 2012, 01:52 PM Reply Like
  • D Lane
    , contributor
    Comments (1677) | Send Message
     
    I take it this is referring to ultra-capacitors from MXWL?
    17 Jul 2012, 02:05 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Yes.

     

    Axion PBC is an asymmetric capacitor and uses the same electrolyte as standard LABs.
    17 Jul 2012, 02:07 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11197) | Send Message
     
    Hopefully, Rosewater has read this development:

     

    http://bit.ly/NGXqoT
    17 Jul 2012, 02:37 PM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    >Mayascribe ... I would hope so also. I just get the feeling that Axion is about 3-5 years behind in the utility space.
    17 Jul 2012, 02:48 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    Man, what a linkfest!

     

    Including (ultimately):
    http://bit.ly/ORGE7Y

     

    They say they're battery agnostic, but sure seem to mention lithium a lot.

     

    They even have a page related to "Communication & Information Security" ... not overly detailed, but at least they've got one.
    17 Jul 2012, 07:28 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    WTB: "... but sure seem to mention lithium a lot".

     

    A sure way to get Dr. Chu's DOE money coming their way.

     

    HardToLove
    17 Jul 2012, 07:36 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    Three Ways Norfolk Southern Can Cash In On The Shale Gas Boom
    July 16th, 2012 by Trefis Team

     

    http://bit.ly/Q4AV4P

     

    Of course they don't say how long it'll take or analyze the odds of any of the 3 actually coming true.
    17 Jul 2012, 03:18 PM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    >wtblanchard ... I wouldn't hold my breath waiting for NatGas to become any railroad's fuel of choice. Did you see the fire a few weeks back of a freight accident? Now add 10k lbs of gas to this and place it in a populated area.

     

    http://bit.ly/NHenQ8

     

    Too much can go wrong. There is a reason you don't often see flammable tankers near the head of a train. Infrastructure & handling are expensive. Numbers 2 & 3 are good possibilities.
    17 Jul 2012, 04:04 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    Some nice end of day volume.
    17 Jul 2012, 03:33 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    It looks like the bankruptcy trustee's dutch auction continues. I've seen this play before and can only thank heaven that he's rapidly running out of stock. My best guess is that the clearance sale ends tomorrow.
    17 Jul 2012, 03:49 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    How many shares would you guess the trustee has left? And are you thinking a capitulation sell-off happens tomorrow?
    17 Jul 2012, 04:19 PM Reply Like
  • 481086
    , contributor
    Comments (3431) | Send Message
     
    By all means! Let them blow it out of every available orifice! ;) But please, just get 'er done...
    17 Jul 2012, 04:01 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Darn. My lurking $.29 order was not filled.

     

    Oh well. MegaFish will be back. Tomorrow looks likely...

     

    A few got a taste of the Fish at $.295 today...
    17 Jul 2012, 04:11 PM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    48,
    Amen! This guy has all the subtitles of a 300 lb gorilla screwing a chimp. Just get it over with.
    17 Jul 2012, 04:20 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Sorry my fellow testudine. Twas not my intent to keep sustenance from thy mouth. Perhaps the feeding will be far better in the morgen.
    17 Jul 2012, 04:50 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11197) | Send Message
     
    Ding, ding, ding! -- Lurking bell going off. We just hit 30 cents. Ding, ding, ding!

     

    The water temperature is a-changing.

     

    What's this? Ahh! Do I see mud stirring? Other fins beginning to move in the murk? Was that SpongeBob Squarepants that just shot out mid-stream? Leading a bunch of tongue-wagging Snorks?

     

    OOOH! That streamside cheap bastard turtle just slid gently into the water!

     

    My whiskers are twitching. Things getting competitive, I see. Ah! A juicy huge morsel coming my way. I can sense it, smell it. There it is. I see it! Here it comes! Wow. There's lots of 'em!

     

    SPLASH!

     

    Sheesh! What happened? Some "Springer" spaniel just gobbled 'em all up, hauled 'em right out, never to be seen again, this far upriver.

     

    Sigh.

     

    I'm getting hungry...for more shares.

     

    Sincerely,

     

    Mr. Inpecunious Catfish, LLTE (Lots Left To Eat)
    17 Jul 2012, 04:10 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    Total volume since the tenth currently stands at 3,419,700. Since we know Quercus will account for 340,000 shares of selling, the maximum sales by the trustee are ±1.5 million (plus possible single count crosses). My best guess is tomorrow will be the last day of the fire sale, although it's always possible that something could be left over for Thursday morning.

     

    This is exactly the same pattern we saw in May and June of 2010 when the bankruptcy trustee and the liquidator for FURSA were going at it hammer and tong day in and day out. They shoved a combined total of 3.5 million shares into a market that was accustomed to daily volume of less than 40,000 shares.

     

    For anybody who's ever questioned my view that the drop from $1.15 would never have happened without bad behavior, these last few days are a stark example of what can happen. It's a pattern you won't see often, but one you should tuck away in memory for future reference.
    17 Jul 2012, 04:23 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    John,
    My spread sheet total for July 10-17 is 3,419,437.00. Total sales would be about 1,709,718 if Quercus total is 20% than that would be 341,943 shares. Remaining total sales would be about 1,367,744. If we subtract this number from 2 million that Mega-C originally intended to sell, then that leaves Mega-C with about 640,000 shares left to sell, if one makes the assumption they make up 100% of sales volume-Quercus. I'm think we need about another 2,000,000 in total volume to be somewhat sure they are cleared out to account for any other sellers. My 2 Cents and if my speadsheet math is correct and also assuming Mega-C began selling on the 10th and that Blackrock has not sold any shares since the 10th.

     

    Would be nice to get high volume over next several days to clear them out. I'm looking for my buying opportunity.
    18 Jul 2012, 08:41 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    It really looks like the bankruptcy trustee is running a dutch auction and cutting the price a little each day to force shares into the market faster.

     

    While I'd love to assume that Quercus and the bankruptcy trustee are the only sellers, there's always going to be some background sales from holders who have to pay for vacations, tuition or heaven knows what else.

     

    If Quercus was 10% of the last two days, they'll be limited to ±366,000 shares between now and September 12th, but I do agree that your 2 million share estimate is in the right ballpark.
    18 Jul 2012, 09:03 AM Reply Like
  • Mayascribe
    , contributor
    Comments (11197) | Send Message
     
    VLNC, AONE, ABAT: Should You short Battery Stocks?

     

    http://bit.ly/Q4FZWM

     

    -- Overall, there are very few opportunities for investors to buy the shares at current prices; however, aggressive selling, especially in A123 Systems, could bring some profits. AONE still has got some juice in it, so a bankruptcy filing is still at least six months down the line, but till then the trend would be on the downside.

     

    Would be quite odd that when AONE goes bankrupt, Axion will be taking off...at least that's my opinion.
    17 Jul 2012, 04:38 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11197) | Send Message
     
    Today: Exide announced it's fiscal first quarter CC today, to be held August 3, at 9:00 AM EST

     

    http://bit.ly/Q4HHaE
    17 Jul 2012, 05:02 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11197) | Send Message
     
    Here we go again with potential scamming involved with the Chevy Volt. This time it's with Chevy's new 60 day trial period, and $7,500 rebate. Basically, if you buy a Volt, a loophole exists where you "can" still deduct the subsidy, even if you return it, and so can dealerships selling Volts between themselves.

     

    -- IRS tax form 8936, for plug-in motor vehicle credit, does not have any minimum time requirement for buyers to own their qualified vehicles. The vehicle only has to be new and purchased during the tax year being claimed. Buyers of Volts will have documentation and VIN numbers for qualifying vehicles. The 60 day return policy lays the groundwork for a very easy way to scam the IRS out of $7,500. Buyers will most likely have to eat registration fees and sales tax paid that will be deducted from refund. So, in an effort to save taxpayers millions of dollars on the potential scam and save GM and its shareholders from losing more millions of dollars on the Volt, I suggest the Volt be exempted from the return program.

     

    http://bit.ly/MipS4o

     

    ARRGH!
    17 Jul 2012, 05:10 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    People can be creative. Like the government trying to push dollar coins on the populace. They were selling them at the post office and allowing people to buy them on their credit cards. So people were buying as much as they could, turning them in at their bank, and paying off their credit card on time. This allowed them to keep the rewards from their credit card company without spending any money.
    17 Jul 2012, 05:25 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    And easy and guilt free it must be when it's seen as "... scam the IRS out of $7,500". Yep. Nobody considers ripping of a big impersonal, hated government bureaucracy to be a bad thing.

     

    If they realized they were stealing from their neighbors, you, me, ... maybe they would care more, but I'm not sure.

     

    HardToLove
    17 Jul 2012, 06:39 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Yep HTL, If it's stolen from the government or a large corporation it seems to be OK far too often. I guess that's how people justify it. You're not stealing from "someone", or that's the rational.
    17 Jul 2012, 06:52 PM Reply Like
  • 481086
    , contributor
    Comments (3431) | Send Message
     
    Hey, it's all rigged anyway, nobody got there on their own, nothing is legit, you're a sucker if you think so, the 1% aren't paying their fair share, and centuries of oppressive patriarchy have been ripping you off ever since you were born, so why not, don't be an idiot... get yours!
    17 Jul 2012, 07:18 PM Reply Like
  • D-inv
    , contributor
    Comments (4777) | Send Message
     
    "... allowing people to buy them on their credit cards. ... and paying off their credit card on time."

     

    :-) Par of that sounds like me. I figure where the price of something I want is the same whether I pay cash or credit card, credit card gets it (unless there is a convenience factor of some kind). Typically, a high proportion of my credit card purchases are pure short-term consumables with balance due paid in full.
    17 Jul 2012, 05:49 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Same here. Have one for about 30 years and never paid a dime of interest.

     

    But in this case they are not buying anything! :)
    17 Jul 2012, 05:57 PM Reply Like
  • siliconhillbilly
    , contributor
    Comments (2697) | Send Message
     
    Buried in the opaque bottom mud, the silicon entity sleeps in a low power state. But distributed sensors detect morsels slowly sinking thru the water! An interrupt causes awareness to increase. Will the tempting bait sink far enough to trip the threshold? The entity waits in near real time mode, synthetic hunger sharpened.

     

    OK, I couldn't help myself ;-)) It has been a long time since I placed a limit order for more AXPW. But it's on sale!
    17 Jul 2012, 05:50 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Modicon called it "Dim Awareness". :)

     

    But they were not quite as poetic.
    17 Jul 2012, 06:00 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Lots of science fiction fans here, I see...
    17 Jul 2012, 06:37 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    Made me wanna watch Matrix I and III for the 50th time.
    17 Jul 2012, 07:25 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    (AXPW) 7/17/2012 EOD stuff.

     

    # Trds: 83, MinTrSz: 100, MaxTrSz: 50000, Vol 708896, AvTrSz: 8541
    Min. Pr: 0.2955, Max Pr: 0.3200, VW Avg. Trade Pr: 0.3075
    # Buys, Shares: 51 335112, VW Avg Buy Pr: 0.3089
    # Sells, Shares: 32 373784, VW Avg Sell Pr: 0.3062
    # Unkn, Shares: 0 0, VW Avg Unk. Pr: 0.0000
    Buy:Sell :1.12 (47.3% "buys"), DlyShts 193437 (27.3%).

     

    One AH trade of 9K at $0.30 at 16:08:49

     

    If I see anything worth noting that might not be obvious, I'll post it later or in the morning.

     

    This has entered my ridiculous price range now and I tried to get an All-or-none 60K buy filled late in the day, but no joy. But I'm not going to settle for any partial fills - I'll get it all or get it none - makes no difference.

     

    Maybe tomorrow I'l have more sense and just go for half that. Maybe not.

     

    HardToLove
    17 Jul 2012, 06:55 PM Reply Like
  • D-inv
    , contributor
    Comments (4777) | Send Message
     
    Fascinating stuff. Minimum trade size of 100 shares, maximum trade of 50,000 shares and average size of 8,541.
    17 Jul 2012, 07:24 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    Sweet.

     

    Cancelled my GTC at 25.5 cents. Not sure where I'll get in.

     

    Shaping up to be a veddy in-ter-esting rest of the week.
    17 Jul 2012, 07:29 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4073) | Send Message
     
    Mr. I - cancelled because you're looking for a lower price or just because you want to see how the action plays out before picking your spot?
    17 Jul 2012, 08:20 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    Hey Jon, how it plays out.
    17 Jul 2012, 10:03 PM Reply Like
  • Jon Springer
    , contributor
    Comments (4073) | Send Message
     
    Thanks Mr. I - makes sense to me.
    17 Jul 2012, 10:59 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Question for John.

     

    John, I'm assuming that in this older article 2009 the company BMW was working with was Maxwell Technologies since they are headquartered in San Diego.

     

    "Lipka says a British study has shown that if every New York City taxicab were replaced with an auto stop-start vehicle, we’d save 10.8 million gallons of gas per year and 105,000 tons of CO2 emissions. “All of the new 1, 3 and 5 series BMWs, as well as the Mini Cooper, are going to use this auto stop-start system, with capacitors supplied by a San Diego company.”"

     

    http://bit.ly/MHsl4e
    18 Jul 2012, 01:07 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    I have to assume that the reference was to Maxwell since they're the only San Diego firm I know of that's active in the automotive space. I do find it fascinating that the December 2009 article seemed to be giving the BMW nod to Maxwell but by September 2010 Axion was the golden child.
    18 Jul 2012, 02:03 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    JP: "... Axion was the golden child".

     

    If they don't hurry up Axion will be "the golden geriatric" in a retirement home when BMW decides to pull the trigger! ;-))

     

    HardToLove
    18 Jul 2012, 07:00 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    I keep cautioning readers that it takes about a decade to move a battery innovation from the Eureka! moment to a commercial product that's manufactured at commercial scale on a production line staffed by tech school graduates in gimme caps. If Axion hits that point by its 10th anniversary in September 2013 we should all be quite happy.
    18 Jul 2012, 08:09 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Thanks John, I'd not bumped into that document in the past and thought you'd be more familiar than I. It's always interesting to find past documents like this and compare them to how things play out. The good doctor is a real fan of our beloved asymmetric capacitor and holds a few patents in the area. Need to see if I can find out where he's at in his research now.

     

    He sure did seem to think a hybrid battery/supercap was in BMW's future at the time.
    18 Jul 2012, 08:39 AM Reply Like
  • Axion Power Host
    , contributor
    Comments (523) | Send Message
     
    Author’s reply » New APC this way:

     

    http://seekingalpha.co...
    18 Jul 2012, 07:26 AM Reply Like
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