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  • Axion Power Concentrator 130: July 23, 2012  198 comments
    Jul 23, 2012 8:54 AM | 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 21st...

    HTL's New Chart Tracking Insta from July 7th

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    Axion Power's Weighted Moving Average Price and Volume:

    The last 10 days have been very strong from a volume perspective so instead of sharing a single chart that combines price and volume data, I've attached copies of the more detailed price and volume charts I refer to on a regular basis. The timescales aren't a perfect overlay, but they're very close and I think it's useful to see how price activity and volume have correlated in the past.

    Over the last two years we've had a sequence of unfortunate events where big holders who *should* have been stable became persistent sellers. The list of significant stockholders and groups that emerged on the scene as persistent sellers is lengthy and includes:

    2010 sellers: FURSA; Liquidation Trust; and Small 2009 investors.

    2011-2012 sellers: Winner Estate; The Quercus Trust; Special Situations; Blackrock; and maybe Manatuck Hill

    Most of those sellers are ancient history because they're either out of stock or almost out of stock. As near as I can tell, there's nobody left that holds large enough blocks to push the market around. I find the current volume spike particularly encouraging because it seems to be a final blow out of the last shares remaining in weak hands. Given the number of shares that have already traded this month I think there's a good chance that our persistent sellers will be out of stock before the mid-August conference call.

    (updated through close July 20th)

    (click to enlarge)

    Axion Power Concentrator Comments:

    (updated July 21st)

    (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 (198)
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  • Deamiter
    , contributor
    Comments (165) | Send Message
     
    So... what are the yellow regions in the graphs supposed to signify?
    23 Jul 2012, 09:45 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    The yellow is 2011. I just put the highlight in to make it easier to do timeframe comparisons.
    23 Jul 2012, 09:59 AM Reply Like
  • Deamiter
    , contributor
    Comments (165) | Send Message
     
    Thanks! I was trying to find some deeper meaning in that mysterious year-long highlighted region!
    23 Jul 2012, 03:43 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    No deeper meaning at all, just a visual cue that was a easier on the eye than vertical gridlines.
    23 Jul 2012, 04:23 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    Noticed that in hotstocked.com that for AXPW price and volume information the exchange is now listed as OTO vice OBB. Also volume info is not showing on otcmarkets.com. Anyone else notice this, or having issue seeing volume? And looks like MM is trying to take price higher as last transaction was at .31 for 4,000 shares and MM put in 100 share transaction for .3295 just after.
    23 Jul 2012, 10:07 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    The time and trade data is showing up on http://www.otcbb.com using their Depth/LII option.
    23 Jul 2012, 10:19 AM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    Thanks JP.
    23 Jul 2012, 10:27 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    Metro: I think there's a data feed problem: ADVFN shows nada on the trades screen. However, ETrade Pro is showing L2 and T&S, so if you need anything, just holler.

     

    Subsequent to your post, ask has dropped to $0.3239 from ATDF. And that was stepped down from other $0.32xx asks earlier.

     

    HardToLove
    23 Jul 2012, 10:41 AM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Definitely something odd going on, HTL. 2 of my AXPW screens just flashed, then painted a new quote of .342...

     

    I wish it were true, but I'm thinking its BS...
    23 Jul 2012, 11:02 AM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    I'm wondering if Fish is finished and now we move back to .35 until BR is finished. If so, Fish must have been in the market before 10 July, or is just taking the morning off to see if price will go up a little bit if he quits hammering it.
    23 Jul 2012, 11:07 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    TB: Trades went
    0.3419 5000
    0.3419 10000
    0.3420 23600
    0.3400 10000

     

    10:50-11:05

     

    HardToLove
    23 Jul 2012, 11:09 AM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Very odd, all my OTCBB data is garbled right now. TAMO just did the same thing, except there I'm seeing .18 on the OTCBB board, and .15 on the Schwab (usually they agree and mark time together). I believe the .18 is correct in that case...

     

    Spooky. Some ghosts in the machine today.
    23 Jul 2012, 11:12 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    (TAMO) showing $0.151/$0.18 bid/ask ATM.

     

    HardToLove
    23 Jul 2012, 11:13 AM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    Yep, only one big-ish sell today: 75k at 31 cents. Other than that, over the last day and 105 minutes, there's no heavy-handed selling. We also have seen the pattern re-emerge of "up 2 cents a day when there's no big selling", more or less.
    23 Jul 2012, 11:15 AM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    It was, now back to .18. I guess something is slowing down OTCBB data. Schwab is showing no updates, no volume data at all.
    23 Jul 2012, 11:18 AM Reply Like
  • jakurtz
    , contributor
    Comments (1959) | Send Message
     
    Scottrade is also showing nothing on its main quote page, but their streaming quotes are showing everything as normal.
    23 Jul 2012, 11:24 AM Reply Like
  • Deamiter
    , contributor
    Comments (165) | Send Message
     
    Google finance is messed up too. Good times.
    23 Jul 2012, 03:45 PM Reply Like
  • Rick Krementz
    , contributor
    Comments (3088) | Send Message
     
    A few questions....

     

    From Axion's site http://bit.ly/MSbI79 you get this spec sheet: http://bit.ly/MSbI7b

     

    Is this PbC? If not, why are they discharging to 1.67 volts (12 volt nominal)? Are these regular AGM batteries for sale in regular channels?

     

    Why does this page http://bit.ly/MSbJru talk about PbC for hybrid vehicles? Isn't this a dead subject?

     

    Weren't PbC batteries offered for sale here http://bit.ly/K6kBrD in the recent past? (Or is my memory making things up?).

     

    All these pages are copyright 2007-2009, which is three years ago. Shpuldn't they have been updated?
    23 Jul 2012, 10:11 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    The Turbo-Start products are the legacy line that had an established reputation with racing and classic car aficionados. They're all specialty AGM products, although having the 16-volt Turbo-Start case made it really easy to test and build 16-vot PbC devices without spending six figures on new case molds.

     

    Hybrid is one of those very broad words. It's unlikely that the PbC will be used in a Prius-class full hybrid, but the goal of the Axion-GM project is to make PbC a contender for the LaCrosse-class mild hybrids.

     

    I don't believe PbCs have ever been offered for sale to the public. As far as I know, nobody gets their hands on a PbC without a signed NDA and extensive discussions with the technical staff about the proposed use.
    23 Jul 2012, 10:37 AM Reply Like
  • MitchS
    , contributor
    Comments (47) | Send Message
     
    Rick,
    In answer to your first question, I believe the 1.67 V is Volts per Cell (VPC). Now I don't know how that can be determined in normal use, as only the two electrodes are accessible to the user (12 V nom.), unless there is some sort of monitoring circuitry that determines individual cell voltage or lowest cell voltage in the battery.
    Mitch
    23 Jul 2012, 10:52 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    MitchS, Remember that the PBC battery is noted for equalizing very well. As such there is pretty good assurance that measuring the full battery voltage and doing the math gives a good reading of individual cell voltage. Far better than LABs
    23 Jul 2012, 11:31 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    The only place I've seen any signs of a fishing lure to sell the PBC battery is here. I don't think this is intended to sell units but to look for commercial relationships. My read.

     

    http://bit.ly/P2yigE
    23 Jul 2012, 11:36 AM Reply Like
  • MitchS
    , contributor
    Comments (47) | Send Message
     
    iindelco,
    Roger, but note the SureEnergy data sheet that Rick linked is a regular AGM battery (that Axion has had on their website for years). Since it's marketed for UPSes, it definitely is not a PbC (or bio-carbon, with nod to Rick). Perhaps I shouldn't say 'definitely,' but if I were looking for a regular, plain-Jane UPS battery, I'd prefer a higher-energy AGM, not a high-power PbC.
    Mitch
    23 Jul 2012, 11:41 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Yes, It's AGM. And the 1.67 is VPC as labeled (Volts Per Cell). I'd also bet in most instances AGM is the way to go for UPS. I'd also guess there are special cases. Most articles I've read on choosing or designing UPSs indicates you really have to know many aspects about how the unit will be charged, used, climate etc. in order to select or design the right components. I'd agree based on what I've read.
    23 Jul 2012, 01:14 PM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    Rick,
    As far as the PbC for hybrid vehicles, if you look at the image, it's of a pick-up truck that Axion modified years ago when they were still considering the PbC for full hybrid vehicles. Since then, they've realized that the PbC is too heavy and doesn't hold enough energy for full hybrids, so like John responded, they have concentrated on the micro-mild class of hybrids for SS. The problem with Axion's website, is that much of it hasn't been updated in years, and so they are still showing images and information for things they are no longer focusing on. Quite frankly, I find it rather lazy on their part, but that's just my opinion. I know it costs money to update a website, but since it is the face you show the public, I still think it should be done everyone once in a while.
    23 Jul 2012, 01:55 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    Iindelco: as a long-time user of home BBS systems, I sure wish I could get a PbC-based unit. Why? Because the standard LA doesn't last beyond a few 100% DOD and AGM wouldn't do much better.

     

    A PbC would handle that w/o problems for a very long time. So give me a larger BBS with PbC and I'd pay a premium for it.

     

    Of course, this is not a UPS, but the topic reminded me of how dissatisfied I've been since most of my computers run 24x7. And the power drop seems to come when I'm not present to run around like a chicken with my head cut off shutting everything down.

     

    HardToLove
    23 Jul 2012, 02:07 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    LabTech, Since various government agencies and industrial groups supported this effort I'd probably leave it up for reference and to continue to show them that they got something for their money. "Never look a gift horse in the mouth" kinda thought.

     

    http://bit.ly/NGOPWC
    23 Jul 2012, 02:19 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Thanks HTL. I'm sure there are special uses where it makes sense. Just don't see it for broad roll out on the USP side. Maybe in some areas that have heavy longer term cycling?Maybe targeting the more affluent is a good start. It's a matter of targeting the right niches.

     

    Oh, Almost forgot. Hot climates.
    23 Jul 2012, 02:27 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    HTL,
    How does that home Beer Brewing System (BBS) work for you? ;)
    23 Jul 2012, 02:40 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    After reading all the talk about 1.67 VPC, I decided to take another look at the spec sheet.

     

    The table specifies "Constant Power Discharge to 1.67 VPC," which is a simple 10-Volt cut off on the battery test. The cells start at ~2 VPC,
    23 Jul 2012, 02:50 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    The 1.67 VPC is simply the 10-Volt cut off level on a constant power test.
    23 Jul 2012, 02:52 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    Metro: As desscribed, not so well. It keeps going "flat"! :-((

     

    HardToLove
    23 Jul 2012, 03:57 PM Reply Like
  • Deamiter
    , contributor
    Comments (165) | Send Message
     
    Can't you just get a small UPS that sends a "shut down" command to all the PCs when the power goes out?

     

    Or do you just really enjoy running around frantically trying to save data in a brownout?
    23 Jul 2012, 04:01 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    I could do automatic shutdown on all, just never got around to it yet.

     

    HardToLove
    23 Jul 2012, 04:29 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    HTL, the first Axionista to own a residential PC. It comes with a very roundabout rebate.
    23 Jul 2012, 04:40 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    Tom Konrad defends my Tesla stance in his most recent pro-KNDI article on Forbes.

     

    http://onforb.es/ObyVEt
    23 Jul 2012, 11:54 AM Reply Like
  • siliconhillbilly
    , contributor
    Comments (2697) | Send Message
     
    Unfortunately, Tom still thinks suburban rooftop PV is a good idea.

     

    A quote from one of his recent articles:

     

    "Of course, plummeting solar prices open up a much easier way to profitably invest in solar: install a system on your roof."
    23 Jul 2012, 02:56 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    I was more impressed with this sentence:

     

    "Although Petersen is relentlessly negative on EVs, he has a great depth of experience with launching new technologies, and investors ignore him at their peril."

     

    There are any number of points where Tom and I disagree, but we respect each other's viewpoints even we stand in different shoes.
    23 Jul 2012, 03:04 PM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    SH,
    I think rooftop PV makes sense if you are in a sunny enough place, you have battery storage, and you are going to use the power yourself. Where it makes no real sense is as a augmentation for your local grid. I've got friends who put them on their roof. They had the money, got tax breaks for putting them on the roof, and the local utility gives them a discount for "selling" the power back to the utility. But if you look at Duke Energy's information you will find that they still need to keep running back-up for these systems, so the power is really just wasted. It gets DE green credits, and makes my friends feel like they are doing something for the environment, but in reality it has no real effect.
    23 Jul 2012, 03:13 PM Reply Like
  • 481086
    , contributor
    Comments (3431) | Send Message
     
    prices *are* falling... though there is still a lot more to go with BOS and install /labor/ permitting costs... but, I think if you live in a hot climate with a high AC bill, a certain amount of solarPV *could* make sense for you...
    23 Jul 2012, 03:31 PM Reply Like
  • Rick Krementz
    , contributor
    Comments (3088) | Send Message
     
    LT, grid connected PV is a crime. (At least in my mind)

     

    Off-grid, PV can make a lot of sense. I spend half the year off grid with PV as my only electricity.
    23 Jul 2012, 05:31 PM Reply Like
  • Rick Krementz
    , contributor
    Comments (3088) | Send Message
     
    From an overall society POV, grid-connected PV never, ever is economic. For an individual home owner, with lavish tax breaks and subsidies, high feed in tariffs, and every other user paying for the spinning reserves, it might look superficially attractive.

     

    Residential retrofit grid-connected PV is a total waste, and create additional instability on the grid. If we just gave a homeowner several thousand dollars and free electricity for life, everybody would be better off.
    23 Jul 2012, 05:34 PM Reply Like
  • magounsq
    , contributor
    Comments (956) | Send Message
     
    Rick

     

    ...and yet it continues...

     

    Wind, solar subsidy set for review

     

    http://bo.st/QtZ2bW

     

    ...at least it is being questioned if not stopped!
    23 Jul 2012, 08:50 PM Reply Like
  • bangwhiz
    , contributor
    Comments (2240) | Send Message
     
    Rick> Where are you when you are completely PV for 6 months? What size installation do you have? What kind of total power in terms I can understand as a layman do you produce? Do you have storage? How much if you do? Someday I will be done caring for my mother and I hope to just go on an extensive "walk-about" when I am done with it. Having a remote power option would be something to for me to consider.
    23 Jul 2012, 11:47 PM Reply Like
  • siliconhillbilly
    , contributor
    Comments (2697) | Send Message
     
    Lab: By the time you add storage to the other costs to prevent doing your little bit to destabilize the grid, there is just no way residential PV makes sense anywhere there is reliable grid power.

     

    Where the grid is unreliable or not available, PV combined with a good quality generator, or even wind turbines, can make sense. But only with the full-tilt passive home solar and insulation package. Shade trees. Ground source heat pump, etc etc.

     

    Solar residential PV isn't a "green energy" program, it's a disguised jobs program and federal-to-state money transfer scam. Always has been.
    24 Jul 2012, 12:00 AM Reply Like
  • Rick Krementz
    , contributor
    Comments (3088) | Send Message
     
    Bangwhiz, I live on an island off Maine which is way off the grid. Poor insolation, but I hate lugging gasoline for a generator and changing oil.

     

    I lived w/o electricity for several decades (propane gas refrigerator, gas lights, gas stove, wood for heat, etc.) and electrified six years ago (new wife). Besides, can't run Internet of off gas.

     

    I have 400 watts PV, in process of expanding to 1200 watts. About 10kwh storage in East Penn gel batteries, Outback inverter system. In the winter I use the gas lights a lot. I use very little electricity, usually 1 or 2 kwh per day. For more details, PM me.
    24 Jul 2012, 07:38 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    :)

     

    Solar Electric Backup for Disasters? Not as Easy as You Think

     

    http://huff.to/M70gty
    24 Jul 2012, 08:47 AM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    Excellent to the point article! Posted it on my Facebook wall as I think it covers a lot of important stuff for the "vaguely interested and marginally informed crowd" rather well.

     

    Thanks for posting that.
    24 Jul 2012, 10:16 AM Reply Like
  • magounsq
    , contributor
    Comments (956) | Send Message
     
    iinelco

     

    "Solar Electric Backup for Disasters? Not as Easy as You Think...The problem is, how do you store energy for when the sun isn't shining and the wind isn't blowing? ...And let's face it, we're stuck with 1859 technology when it comes to storing a lot of electrical energy at a reasonable price... "That's odd, they haven't changed much in all these decades..." ...Electric vehicles for backup power?...Great concepts, but unfortunately "in development" is the operative phrase right now...a more sensible approach for most people. ...Conserve energy ."

     

    Where have we heard this before?

     

    Thanks for the link!
    24 Jul 2012, 12:24 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    magounsq, When on the grid the primary focus should be to implement ways to conserve energy, then to look for more ways to conserve energy and then.......well you get the point. As others have pointed out wind and solar only make sense on grid if our affluent government is willing to reward the few via the spoils of many.

     

    There are exceptions to the rule and off grid is another story. The best example I've read about for off grid solar are the solar lamps with a small battery and LED lighting they are using to offset liquid fuel use in poorer countries. What a wonderful application of technology. Maybe our government officials should be assigned to work in the office of "pragmatic expenditures" before they are elected to higher office which allows access to our wallets. Nothing like being well grounded and having confirmation of PBC's before given more responsibility. It this case PBC is the definition assigned by a former college professor when he wanted us to remember very important formulas (pink brain cells or his meaning-The ones that are alive and working!)
    24 Jul 2012, 12:59 PM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    48,
    I went the other way. Instead of putting solar panels on my roof, I bought a house with five, 70 year old pinoak trees around it. I figure the shade from them in the summer saves me at least $100/month and they are cutting down on greenhouse gases at the same time by sucking up CO2! :-)
    23 Jul 2012, 04:16 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    Not to mention the evaporative cooling that occurs, usually measured in units of acres of trees though.

     

    Between the acres of trees around my house and the insulation qualities of the brick, I think I save quite a bit, although I've never tried to estimate it.

     

    HardToLove
    23 Jul 2012, 04:32 PM Reply Like
  • 481086
    , contributor
    Comments (3431) | Send Message
     
    I'm a lover of trees myself, but there can be room for panels too... for instance on an outbuilding, pool house, carport, garden shelter etc... the one nice thing about newer A/C panels with integrated micro-inverters is that even if one or more panels are shaded, the system output doesn't drop to near zero like a DC system with central inverter does... bottom line for me, solar has a long way to go, both technologically and economically, with many needed advances still things of the future, but I think the fundamental idea of converting solar photons to energetic electrons is sound and has great long-term potential... ;)
    23 Jul 2012, 04:36 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    OT for DRich: (CPST) has added a bunch of new videos. This one is the installation on the inland barge in Rotterdam where they're use in a CHP configuration.

     

    I was impressed by the brief glimpse of ice on some piping - it must be effective - at 1:24 into the video.

     

    http://bit.ly/MEr309

     

    HardToLove
    23 Jul 2012, 05:04 PM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    >H.T.Love ... Thanks. It is quite good. Now ... on to parallel hybrid drive for marine. I was a little surprised to hear the Capstones only save 15k Euros/year. I thought it would be higher. Oh, well, they seem happy with the system and it's good to see it in the field.
    23 Jul 2012, 06:15 PM Reply Like
  • Rick Krementz
    , contributor
    Comments (3088) | Send Message
     
    HTL, since the fuel is LNG (liquid = cryo) I would be very surprised if there wasn't ice. I think they inserted the cryo shot when talking about the absorption cooling, although they are unrelated.
    23 Jul 2012, 06:54 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    DRich: My best guess, it being an inland barge, is that it spends a lot of time moored (loading & off-loading cargo, waiting for assignment, ...?) and it's apparently not used for the propulsion. Add in the blend 20% diesel in, ...

     

    I don't know what the Euro was worth when it was made, but if we use ~$1.30, that's around $20K U.S.

     

    LoL! I see why, I think. I assume these on on-road prices? Commercial use cheaper?

     

    http://bit.ly/MXv7mc

     

    HardToLove
    23 Jul 2012, 06:59 PM Reply Like
  • Rick Krementz
    , contributor
    Comments (3088) | Send Message
     
    Anybody got a guess what's the cost of a 30kw Capstone?
    23 Jul 2012, 07:06 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    Rick: Since there are so many options, it varies. I think I have a GSA dealer link somewhere that has some pricing - I'll see if I can dig it up. Pinnacle Systems sticks in my mind but it's been a while. Let me dig a wee bit.

     

    BTW, they had a C15 in their technical section (I think for a Russian customer and looked like a de-rated C30), but it's not normally listed as a standard product and I don't know if they offer it.

     

    I'll get back in a bit with a couple links if I'm lucky.

     

    HardToLove
    23 Jul 2012, 07:11 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    Here's a place that advertises new and used.

     

    http://bit.ly/MBhZr0

     

    Here's the Pinnacle Sales googler doc - prices for all sorts of sizes and associated items.

     

    I popped the url into tinyurl in hopes it wouldn't get scrogged by SA

     

    http://tinyurl.com/cnb...

     

    HTH,
    HardToLove
    23 Jul 2012, 07:21 PM Reply Like
  • Rick Krementz
    , contributor
    Comments (3088) | Send Message
     
    Looks like c. $1700-2100 per kw is a typical price for a 30 kw Capstone turbine. A few quotes for a 30kw diesel generator are in the $500-900 per kw range.

     

    So roughly a turbine is twice to four times the capital cost of diesel. I thought the cost spread was more. Anybody have better numbers?

     

    (This may not be an apples2apples comparison. Turbines are likely to have longer life than diesel in 24/7 service. There is a large variety of options for both types of engines. Neither estimate includes exhaust heat recovery options.)
    24 Jul 2012, 08:07 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    Rick: Don't forget 40K-80K lifetime before rebuild, which is mostly replacing injectors and inspect turbine and air bearing for wear and R & R if needed.

     

    Also, no oil changes, once per year filter change (in most cases) is the only maintenance.

     

    Russia likes them for those reasons, remote monitoring ability, 99.9%+ up time in their remote areas, and extreme temperature tolerance.

     

    On new units there's a 5 and 9 year total maintenance package that helps those that want a long fixed TCO.

     

    HardToLove
    24 Jul 2012, 08:50 AM Reply Like
  • Rick Krementz
    , contributor
    Comments (3088) | Send Message
     
    HTL - I am not "anti-turbine", and recognize turbine's advantages for some niches. However, I do like respond to those who think turbines are the cheap and easy solution for everything, though.
    24 Jul 2012, 09:14 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    Rick: "... those who think turbines ..."

     

    Sort of like batteries in some quarters, eh?

     

    HardToLove
    24 Jul 2012, 10:30 AM Reply Like
  • D_Lane
    , contributor
    Comments (50) | Send Message
     
    Denver Transit (RTD) is testing a hybrid bus with a 30kW turbine.
    http://bit.ly/Pftp3T
    24 Jul 2012, 06:47 PM Reply Like
  • siliconhillbilly
    , contributor
    Comments (2697) | Send Message
     
    A serial hybrid bus that makes frequent stops and travels 0.1 mile per stop (or less) seems to make good sense. I hope they actually keep accurate records on its performance and PUBLISH the data.
    But I won't hold my breath.

     

    Wonder what size battery pack they use?

     

    24 Jul 2012, 08:20 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    D_Lane: Interesting. Designline went through some severe troubles and their survival was in doubt for me.

     

    Good to see them getting another shot at life.

     

    FYI: the long-term trials down in Charlotte NC have done very well while some up in the northeast have not fared so well (sabotage of the fuel is suspected).

     

    Some other stuff I've read seems to suggest problems with trying to get by on-the-cheap by undersizing the MT.

     

    Russia will probably do it right - A major city is replacing all their current lines with their "Ecobus". Being a new product line, there might be some hiccups, but I wouldn't be surprised to see them succeed.

     

    Regardless, there's a lot of competition in that space. I remain generally agnostic about general ground transport application until the folks that really know what they're doing (PCAR, US 1, Wrightspeed, Designline, ...) demonstrate viability. The the new units (more efficient) and/or more cost-competitive units (via economies of scale?) coming out could help.

     

    HardToLove
    25 Jul 2012, 04:56 AM Reply Like
  • D Lane
    , contributor
    Comments (1677) | Send Message
     
    This page from the manufacturer (DesignLine) has some specs for the 30kW microturbine plug-in hybrid bus.

     

    http://bit.ly/NuKWH1

     

    Power Storage
    Lithium Ion, 7200 A/H, 26.04 Kwh
    Main Inverters
    2 SemiKron advanced integration
    modules, 250 kW each.
    Motors
    2 Bosch Rexroth Idramat 3-phase AC induction motors, 120 kW
    25 Jul 2012, 09:56 AM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    I've not had time to look in depth, but I suspect this will be of interest as we explore it's potential. Thanks to Captainondeck at Investorvillage for the link.

     

    http://bit.ly/NNieQe

     

    HardToLove
    23 Jul 2012, 05:24 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    Quercus, if has been selling last few days, should have about 139,976 shares remaining. Since 10 July total volume has been 5,267,843 shares - at least according to my spreadsheet.
    23 Jul 2012, 05:25 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    metro, I estimate 183,590 (for this 850k share go-round). Either way, it's not much left. If recent daily volumes continue, they should be done with this go-round by the end of the week or so.

     

    1,617,352 shares total remaining as reported by Q in their 4/27/2012 Form 4, which was the final one from the last go-round. That = the amt. of shares at the beginning of the day on 6/25/12 (1,606,352 + 11,000 sold that day). Minus 850k shares = 767,352 shares to sell next go-round.

     

    The total O/S shares at the EOD 7/18/12 as reported by Q of 1,118,652, minus 767,352 shares = 351,300 shares remaining to be sold at the EOD 7/18, for this go-round. Assuming 10% of total daily AXPW volume for 7/19 thru 7/23 is Q sales, then they've sold another 167,710 shares, so 183,590 shares left this go-round.
    23 Jul 2012, 08:01 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    Mr I,
    Thanks for correction. I had thought erroneously Q was selling 800,000, vice 850,000. That puts our numbers pretty close together.
    23 Jul 2012, 08:53 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11197) | Send Message
     
    Follow up to San Diego County's decision regarding wind power (it passed, with contigencies):

     

    http://bit.ly/MXwD7G
    23 Jul 2012, 07:12 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Norfolk Southern to host second-quarter 2012 earnings conference call July 24, 2012, at 4:30 p.m

     

    http://yhoo.it/ME9WIj
    23 Jul 2012, 07:49 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    Another GE Durathon aritcle: http://smrt.io/Nssq1X

     

    Q&A: Inside GE’s battery business
    By Kirsten Korosec | July 23, 2012

     

    "SmartPlanet caught up with Prescott Logan, general manager of GE Energy Storage, to find out the story behind the company’s new Durathon battery, where its greatest market opportunities await and why it pursued this technology to begin with."
    23 Jul 2012, 11:19 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    (AXPW): 7/23/2012 EOD stuff (delayed because buy:sell unavailable while ADVFN was fixing whatever the problems with OTC stocks were - all good this A..M. thankfully). Due to the latness of the ADVFN data, no thoughts or comments yet.

     

    # Trds: 57, MinTrSz: 100, MaxTrSz: 75000, Vol 425158, AvTrSz: 7459
    Min. Pr: 0.3100, Max Pr: 0.3445, VW Avg. Trade Pr: 0.3304
    # Buys, Shares: 44 253518, VW Avg Buy Pr: 0.3360
    # Sells, Shares: 13 171640, VW Avg Sell Pr: 0.3222
    # Unkn, Shares: 0 0, VW Avg Unk. Pr: 0.0000
    Buy:Sell 1.48:1 (59.6% “buy”), DlyShts 139089 (32.7%)

     

    HardToLove
    24 Jul 2012, 09:01 AM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    Axion mention in this presentation -

     

    Control of Demand Response and Energy Storage Resources
    Optimization and Control for Smart Grids 2012 Los Alamos National Laboratory Workshop Santa Fe New Mexico

     

    http://bit.ly/PT9LZ4
    24 Jul 2012, 11:23 AM Reply Like
  • magounsq
    , contributor
    Comments (956) | Send Message
     
    ZBB Energy and Honam Petrochemical Successfully Complete Flow Battery Joint Development Milestone

     

    The Two Companies Now Will Focus on Next Phase of Storage Market Entry and Growth

     

    MILWAUKEE, WI--(Marketwire - July 24, 2012) -

     

    http://bit.ly/OWKtYA
    24 Jul 2012, 12:35 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    Guest Post: The Dawn Of The Great California Energy Crash

     

    Submitted (on Zerohedge) by Tyler Durden on 07/23/2012, though it also says:

     

    Submitted by PeakProsperity contributing editor Gregor Macdonald

     

    http://bit.ly/LLigZ5

     

    Interesting, but long, and it's only part 1. Gives you some historical perspective, includes comments on Nuclear and Oil production in the state.

     

    BUT ... fair warning regarding part 2: free executive summary; paid enrollment required for full access.
    24 Jul 2012, 12:39 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    So did the ugly muchacho take time off to let price recuperate and now join back into the fray?
    24 Jul 2012, 12:43 PM Reply Like
  • bangwhiz
    , contributor
    Comments (2240) | Send Message
     
    Looks that way to me. Wonder if it will drop into the 29's again? God will I be glad when these blood-sucking vampires are gone!
    24 Jul 2012, 12:56 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    metro and bang, I'm not so sure. To me it doesn't smell like the ugly muchacho. But hey, Maybe he took a bath?

     

    Anyway, Good nibbin' weather we're having. Let's hope for sunny skies and high volume with a focus on the latter. In the end it's up to Axion and they have been quiet as church mice. To tell you the truth I expected more noise from the rodents this year.

     

    Soooo we wait, but not all of us as we've seen. Decisions decisions......
    24 Jul 2012, 01:10 PM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    Someday we will all look back from the lofty $0.40 range and giggle.
    24 Jul 2012, 01:39 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    DRich: made me chuckle!

     

    HardToLove
    24 Jul 2012, 01:57 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    One of the last sentences stated by TG at last conference call was "We're buckling our seatbelts here, and it's full speed ahead." I guess it has been only two months, but seems like eons when I'm sitting with my seatbelt fastened expecting a near blackout inducing catapult takeoff, but realize I'm only hallucinating and am on a raft lost at sea with hammerhead sharks swimming by patiently waiting for me to expire, or jump into the water in a delirium. Okay, I feel better now.

     

    DRich,
    If price goes to .45 I will probably get a nosebleed from being at such height.
    24 Jul 2012, 02:04 PM Reply Like
  • DRich
    , contributor
    Comments (4819) | Send Message
     
    >metroneanderthal ... "sitting with my seatbelt fastened expecting a near blackout inducing catapult takeoff" ... I guess you don't fly often. Actual travel is only about 1/3 (if you're lucky) of the trip time. Often it is a lot less. People tell me I'm crazy for driving to Houston, S.A or Austin but often I'm give them a ride from the airport on both sides of the trip ... and I get to eat real food while waiting.
    24 Jul 2012, 02:14 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Yeah DRich, That was good for a laugh line formin' big ole' smile! :)
    24 Jul 2012, 02:34 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    Shoot, flying got so bad that last time I went to AZ to visit my mome I decided to drive. Well, in hinesty, I planned an extended stay and wanted my vehicle with me, but I would've rented a car and drove rather than go through the hassle.

     

    But I'm just contrary to all that HS stuff.

     

    HardToLove
    24 Jul 2012, 03:01 PM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (6282) | Send Message
     
    Bought some MXWL this morning.
    24 Jul 2012, 01:55 PM Reply Like
  • axion-nl
    , contributor
    Comments (184) | Send Message
     
    axion is now pink sheet. Does the management cares about its listing and when can they go to a better listing?>
    24 Jul 2012, 02:21 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    Axion has been traded on the OTC Bulletin Board for several years. You can get a quote on the pink sheets website, but it's an OTCBB security.

     

    Axion could upgrade its market listing at any time by implementing a large reverse split to boost the share price to a minimum of $2 for the Amex or $4 for the Nasdaq. The board has apparently considered the possibility for three years running and decided that a reverse split was not in the shareholders best interest. I agree.
    24 Jul 2012, 02:26 PM Reply Like
  • bangwhiz
    , contributor
    Comments (2240) | Send Message
     
    Not pink sheet - OTC.BB Drive by flame post?
    24 Jul 2012, 02:31 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    Time will tell. I think we can assume the moderator is watching and will act appropriately.
    24 Jul 2012, 02:35 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    John, Quercus last filed on the 18th of July. If they continued selling their normal 10% they should have filed another form 4 by now correct? Or, based on the prior discussions of rule changes could they have gone dark already?
    24 Jul 2012, 02:57 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    Reports on Form 4 must be filed by shareholders who are "beneficial owners" of more than 10% of a company's securities. For purposes of the beneficial ownership rules, shares issuable upon exercise of warrants are treated as shares owned. Once Quercus' ownership fell below the 10% level, it was entitled to check a box in the upper left hand corner of Form 4 indicating that it was no longer subject to the filing requirements.

     

    They checked the box on their last Form 4 so I don't expect any future transaction reports. –
    http://1.usa.gov/NljECI

     

    While Quercus is no longer subject to the Form 4 filing requirement, it will be subject to the filing requirements of Rule 144 until three months after the termination of its Form 4 filing requirement, so I expect to see one more Form 144 filing for the balance of their common stock holdings in mid- to late-September.
    24 Jul 2012, 03:13 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Thanks for helping the handicapped catch up. Again.
    24 Jul 2012, 03:42 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    It's nice to occasionally be a true expert.
    24 Jul 2012, 03:48 PM Reply Like
  • axion-nl
    , contributor
    Comments (184) | Send Message
     
    no not a flame post! Im a big investor from the Netherlands but i'm using Interactive Brokers. They stopped yesterday with real time data and also http://bit.ly/QyNW5I is changed. There's no previous data anymore in the chart. So I guess something changed in the listing....
    24 Jul 2012, 03:51 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    There has apparently been some sort of change in some of the broker linked reporting services. A bunch of people were reporting data problems yesterday. While it appears that most of the problems have been resolved, this may be something you want to ask your broker about tomorrow. You can confirm the OTCBB listing here:

     

    http://www.otcbb.com
    24 Jul 2012, 04:04 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Axion-ni I was also having troubles with several of my accounts, including this morning. Just this afternoon they cleared up and the normal data is available.
    24 Jul 2012, 04:15 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11197) | Send Message
     
    Same here. My Zecco Trading platform didn't report a share traded yesterday. Back to normal today, except "it thinks" we had an up day of $0.004, when Yahoo! shows we were down $0.0155.
    24 Jul 2012, 04:20 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    axion-nl, welcome to this Axion blog.
    24 Jul 2012, 05:19 PM Reply Like
  • Mathieu Malecot
    , contributor
    Comments (1284) | Send Message
     
    moving through shares very quickly now. it is going to be an interesting 2nd half.
    24 Jul 2012, 04:26 PM Reply Like
  • D-inv
    , contributor
    Comments (4777) | Send Message
     
    From SA Market Currents
    4:19 PM Norfolk Southern (NSC): Q2 EPS of $1.60 beats by $0.08. Revenue of $2.87B (+0.3% Y/Y) misses by $80M. Shares +1.1% AH.
    24 Jul 2012, 04:56 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    Apple missed big. Markets will tank tomorrow.
    24 Jul 2012, 04:58 PM Reply Like
  • D-inv
    , contributor
    Comments (4777) | Send Message
     
    "Apple missed big. Markets will tank tomorrow."

     

    Tomorrow will be an interesting day. I've guessed that a major part of Apple's miss was anticipated by the market due to lagging iphone sales by S, delay in introduction of the next iphone model, Apple pursuit of litigation strategy against Samsung, clearly strong sales of new Samsung S3. Too rationale?
    24 Jul 2012, 05:03 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    D-inv, Once again the devil is in the details. I quickly read one of the "for commoners" news flashes and part of their earnings beat was a one off tax advantage.

     

    Anyway, For Axionistas the hope is for a mention of NS999 and other plans related to their loco strategy. I suspect this is too deep dive for a quarterly report.

     

    BTW, relative to the NS999 it's been about 90 days since the announcement of the sale in 90 to 120 days. I can still find no clue on the internet that they are turnin' screws. Hopefully our board insider Mr. wtblanchard can bring us a sign at some point via his contact.

     

    I keep lookin' but so far all I've seen is.

     

    http://bit.ly/NIGzFr

     

    Thus....No signs.
    24 Jul 2012, 05:11 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    TB: started tanking AH on the 1-minute chart of SPY.

     

    HardToLove
    24 Jul 2012, 05:14 PM Reply Like
  • Mathieu Malecot
    , contributor
    Comments (1284) | Send Message
     
    i doubt it (was anticipated), read a negative article about Apple on SA. ok, found one? read the comments.
    24 Jul 2012, 05:19 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    I will do my next monthly query around Aug 1.

     

    I presume that AXPW would really like to be able to say at the Quarterly conference call in mid-August that they've delivered product whether the payment was in the quarter or not (and I guess that most of us are betting on Not.) Hopefully NSC will allow them to announce at least that!
    24 Jul 2012, 05:20 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    wtblanchard,

     

    As always, Thanks so much. :)
    25 Jul 2012, 09:23 AM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    The NSC conf. call transcript:

     

    http://bit.ly/OmImPA

     

    So, Norfolk Southern is doing ok.

     

    And the outlook, "we remain optimistic that our diverse franchise will generate volume growth ahead despite headwinds in coal and ongoing economic uncertainties."

     

    And, also good for us it looks like, "Our capital program and technology initiatives, both of which should benefit future quarters and years, are on or ahead of schedule and meeting our return expectations. Our cash flow is strong..."

     

    However, mgmt's primary focus sure seems to be on growth and customer service, not as much on cost reduction, although that's always important for a mature biz like theirs.

     

    Didn't expect it, but no mention of the 999, just like the last conf call. Capital discussion was on intermodal and stacking programs.

     

    Oh, and the stk mkt did not fall off a cliff today, at least so far. Good reports by Cat and Boeing evidently have helped offset the bad news outta Apple. More benefits of diversification.

     

    Lastly, just had 80k shares trade of AXPW at the former bid of 33.51 cents, another data point that not all the big sellers are done, it seems.
    25 Jul 2012, 10:41 AM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Mr. I , Thanks for the NS cc transcripts and the thoughts.

     

    Yes, I was happy AAPL was kept in perspective.

     

    PS I don't think many Axionistas would agree that all of their tech. initiatives are ahead of or on schedule.
    25 Jul 2012, 10:51 AM Reply Like
  • D-inv
    , contributor
    Comments (4777) | Send Message
     
    In previous APC, JP noted reference to a PbC13,000 farad capacitance rating in the GM-Axion grant proposal that failed to secure funding from DOE. It seems to me the stated 13,000 farad capacitance likely applied to the 16V PbC battery addressed in Axion's white paper on dual battery start/stop systems. Assuming 16V is appropriate, one can derive some other values of interest.

     

    Wikipedia suggests the farad (F) can be expressed as any of several difference equivalencies. Only one equivalency is addressed here:
    F = (W*s/V^2), where A=ampere, V=volt, s=second and ^2 indicates exponent.
    Let s = 1 and V = 16, then
    F=W/256
    W=256*13,000=3,328,000 watts or, since there are 3,600 seconds in an hour, 924.4 Wh at 1 ampere and 462.2 Wh at 2 amps.

     

    It has been suggested that the 30HT size batteries used in the PowerCube (and presumably for NSC's switcher locomotive) each
    store about 0.5 kilowatt of energy. That estimate does not appear to square with capacitance of 13,000 farads and 16 volts, but is quite close if one assumes the GM-Axion grant proposal addressed 12V PbC batteries.

     

    Let s=1 and V=12, then V^2=144 and F=W/144
    W = F*144 = 13,000*144 = 1,872,000 watt seconds or 520 Wh.

     

    Comments welcome.
    25 Jul 2012, 01:35 AM Reply Like
  • Rick Krementz
    , contributor
    Comments (3088) | Send Message
     
    D-Inv, doing calculations with volts on the bio-carbon battery is challenging since there is so much variance in volts produced. While the start/stop battery system uses a nominal 16 v battery, the battery is never at 16 v because the alternator is only putting out c. 14 v. At the lower end of its cycle, the battery may be at 11.5 v.

     

    Using 12 v as the assumed voltage seems reasonable. A further complication is that batteries have different watt hour capacities depending how slowly it is discharged. IIRC, the 30 HT has 500 whr capacity at C1 discharge, and 700 whr at C/20. At C10 the whr would be less than 500 whr.

     

    [C rate is the discharge rate. C1 = 1 hour, C20 = 20 hours, C/10 = 6 minutes. See http://bit.ly/PkyMyD for more]
    25 Jul 2012, 08:40 AM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    Interesting how in linked study how the Furukawa and East Penn UB's perform differently. I think this is same Sandia study linked before. I searched through past concentrators, but couldn't find the original link. Sorry if discussed before.

     

    http://1.usa.gov/MHHfde
    25 Jul 2012, 08:37 AM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    Interesting to note that slides 8 and 9 show at the bottom that they are cycled at 400 or 300 amps. Is that a comparison to the 100-200 amps that the PbC is cycled?
    25 Jul 2012, 09:09 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    That looks to be new testing from Sandia. I know that I've not seen it before. My only observations are:

     

    1. The picture of a 50 Wh failure event on Slide 3 increases my resolve to avoid a 24,000 Wh failure event like the plague; and
    2. The cycling currents of 0.4 C and 0.3 C seem pretty gentle for a 5% PSOC environment.
    25 Jul 2012, 09:23 AM Reply Like
  • BugEYE
    , contributor
    Comments (194) | Send Message
     
    Stefan, they use a large 1000ah battery pack. Therefore 300 or 400 amps are merely 0.3 to 0.4 C. The reason for such low current is stated as "Temperature rise in Ultrabattery® modules required reducing current for further testing"

     

    IIRC Ultrabattries are great energy storage devices but they are not that good for power applications.
    25 Jul 2012, 10:48 AM Reply Like
  • 481086
    , contributor
    Comments (3431) | Send Message
     
    Something I've often wondered about, and pardon if it's been covered before, but in the generic ultrabattery, for the half that is carbon electrode, how exactly does it differ from Axion's electrode? Isn't it quite a bit less advanced? With basically just some carbon slathered on a portion of the lead electrode? So, now, seeing marked disparities in tested performance between the furukawa ultrabattery and EastPenn's ultrabattery, and given EastPenn's deepening relationship with Axion (ie the toll contract), I can't help myself from committing the following leap of conjecture, and that is: Is there a chance that EastPenn and Axion have collaborated to devise and incorporate Axion-style carbon electrodes into EastPenn's version of the Ultrabattery? Clearly, it would seem EastPenn is doing something differently than Furukawa... Could Axion secret sauce be that something? I know it may be a tad nutty, but if true, the implications could be huge...
    25 Jul 2012, 12:51 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    48, I had read an article on the development of the carbon portion of the Ultrabattery and it indicated they did significant work to come up with a solution to get the lead and carbon to play nice together. I don't think it is anything like the solution for the PBC battery.

     

    This does not mean that Axion and East Penn didn't share some info. but I think their secret sauces are different.
    25 Jul 2012, 01:26 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    I would not be surprised to learn of collaboration between Axion and East Penn because they've had a close relationship for years. However, there are fundamental differences in the two technologies and I'm not all that sure that an Axion half-electrode would perform any better than an East Penn half-electrode.

     

    As I understand it, the big technical problem with the Ultrabattery is that during charging the lead-half electrode accepts charge preferentially and during discharge the lead-half electrode gives up charge preferentially. So in both charge and discharge, the advantages of the carbon are reduced by the preferential electrochemical activity of the lead.

     

    I'm way out of my depth on this particular issue and am just repeating an explanation I got from KT a long time ago.
    25 Jul 2012, 03:10 PM Reply Like
  • 481086
    , contributor
    Comments (3431) | Send Message
     
    Thanks iindelco, though I guess it'll still be something I wonder about. With all the talk of two-battery SS solutions, it occurred to me at least once that a possibly more palatable solution would be to package two smaller batteries (a smaller LA, and a true, but smaller PbC) all into one traditionally-sized car-battery case with one set of terminals..(but one which would also of course have to meet all performance requirements). Obviously that idea totally goons the whole Axion-Inside AGM plug-n-play plan, but still if EastPenn and Axion somehow collaborated deeply enough, it does not seem impossible that together they could produce such a battery, in house, in true real volume..

     

    ----

     

    Of course now, with a bit more consideration, I see that that's all nice to think about, but then I have to realize that in order for something like that to really be happening, they would have to have a very big customer waiting in the wings for just that specific product, otherwise, why make the sizable investment? Like John has often said, there's not much "if you build it, they will come" mentality present there. So, unless there's *quite* a lot going on that we don't know anything about (doubtful) then, to use an 80's favorite, I guess in the end, it's just: "never mind..."

     

    apologies to all.
    25 Jul 2012, 03:27 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    It would be a manufacturing nightmare.
    25 Jul 2012, 03:37 PM Reply Like
  • 481086
    , contributor
    Comments (3431) | Send Message
     
    That's kind of how I remember it too, from previous discussions that have touched on the ultrabattery. It's always seemed a strange platypus-like creature to me, but here it is in these tests outperforming standard VRLA reasonably well. I wonder how big a deal the ultrabattery all really is for EastPenn ... I guess like you've said it will be a win-win for them, if some customers want the UB, they've got it, if customers want PbC, they'll be able to produce that as well. Someday all will be revealed.. ;)
    25 Jul 2012, 04:17 PM Reply Like
  • Rick Krementz
    , contributor
    Comments (3088) | Send Message
     
    And a service nightmare. "Your cheap starting battery is dead, but I have to change the whole enchilada for a few hundred extra bucks."
    25 Jul 2012, 05:42 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    I reflect back on previous comments made by Axion that they were testing batteries for East Penn, IIRC. I'm betting that was the UB - but only a cup of coffee, and then there was TG's comment in last, or next to last CC, where he said the UB wasn't as good as advertised. Again, if Axion did the testing, I think TG would know how good a battery it is. All my supposition of course.

     

    I looked at a couple of studies today on the UB, and I'm happy with the PbC technology. My extrapolated conclusions are that the UB is not KIAS, doesn't have the charge acceptance of the PbC, and can have a heating problem - again, all info that I extrapolate. In other words, it isn't as good as PbC in some key applications, i.e. NS and start/stop. I'm guessing that high charge acceptance thing is going to grow in importance down the road with start/stop.
    25 Jul 2012, 06:22 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    7/24/2012: Copied from my instablog (up in 30 minutes or so).
    # Trds: 58, MinTrSz: 100, MaxTrSz: 12500, Vol 273030, AvTrSz: 4707
    Min. Pr: 0.3190, Max Pr: 0.3498, VW Avg. Trade Pr: 0.3334
    # Buys, Shares: 42 190404, VW Avg Buy Pr: 0.3327
    # Sells, Shares: 15 81986, VW Avg Sell Pr: 0.3348
    # Unkn, Shares: 1 640, VW Avg Unk. Pr: 0.3425
    Buy:Sell 2.32:1 (69.7% “buy”), DlyShts 97,464 (35.7%)

     

    Had an AH trade @ $0.32 for 5,566 shares (~2% of day's volume). I'm choosing to assume it's just miscellaneous market-maker action or a real after-hours trade.

     

    Looking at my experimental charts, I note that, although choppy, the volume has been moving up enough to start affecting the longer-term averages. The 25-day and longer averages have an upward trend.

     

    It won't be surprising that daily short sales percentages are doing the same. We're pretty certain that one or more big sellers, such as Blockrock, the Mega-C shares bankruptcy trustee, and Quercus, are in the market and we know two are in certificates (causing delays in delivery to the market-maker) and one (Mega-C) might have delivery delays even though the shares are with a broker.

     

    Average trade sizes has moved back into the lower part of “normal”, based on the averages, and the buy:sell ratio is holding up well in light of both larger sellers and higher prices. This apparent conflict (trade sizes reducing back to normal while price moves above the 10-day average and back to near the 25-day average), when combined with the buy:sell ratio generally weakening, may be foretelling a reduction of buying interest. I don't know, but I suspect at least a flattening of price and, if the heavy sellers don't get exhausted soon, even a weakening price.

     

    HardToLove
    25 Jul 2012, 08:55 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    The raw FINRA short total is 1.9 million shares since the 6th, or 1.3 million after netting out Quercus.
    25 Jul 2012, 09:29 AM Reply Like
  • jakurtz
    , contributor
    Comments (1959) | Send Message
     
    As always thanks HTL. It looked like we had a large buyer or two for several days eating up shares and that buyer(s) has now relaxed or is exhausted. The good thing is a lot of shares were eaten up and as I look around I am not sure we have any other selling whales in sight that can move the price much lower. The next month or two should be very interesting.
    25 Jul 2012, 09:30 AM Reply Like
  • Tampa Ted
    , contributor
    Comments (2652) | Send Message
     
    Do you have a current guesstimate for shares left in the hands of the big three?
    25 Jul 2012, 09:30 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    Not with any precision. The last data point we have for Blackrock is 5.2 million at April 30th. Quercus had 1.6 million on that date and we can figure 2 million more for the bankruptcy trustee – for 8.8 million shares in total.

     

    Total trading since May 1st is a hair shy of 16 million shares, 8 million on the sell side and 8 million on the buy side. Total FINRA short sales from May 1 are 4.4 million shares, with Quercus accounting for 692,000 shares of that total.

     

    It's only a guess, and could be way off the mark, but I'd estimate Blackrock at 1.5 million, Quercus at 925,000 and the bankruptcy trustee at zero.
    25 Jul 2012, 10:04 AM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    The Big 3 is rapidly becoming the Big 1, and if recent volumes continue, will be the Big Zero by about the mid-August conf call, as mentioned already.

     

    But, Quercus will still have 767k shares remaining to sell in their next round, probably starting in a couple of months, and the placement agents in the 2/3/12 direct deal can start selling their 801k shares in early 9/12. I suspect they'll be reasonable sellers, if they sell at all. So we'll have a Little 2.
    25 Jul 2012, 12:52 PM Reply Like
  • Mathieu Malecot
    , contributor
    Comments (1284) | Send Message
     
    i hope Quercus is the last remaining seller. they should do much better than blackrock and the trustee because of the way they've been unloading shares as a percent of volume.
    25 Jul 2012, 01:09 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    Allow me to create a visual.

     

    Quercus, Special Sits and the estate were all 800 pound sumo wrestlers when they tried to exit through the same door in 2011 and got into a nasty shoving match that crushed the stock price.

     

    Because of all the trouble in 2011, Axion built a bigger door.

     

    Quercus has been on a starvation diet for the last year and is now a 93 pound weakling. Blackrock was also a big bruiser a year ago, but it's slimmed down to 150 pounds.
    25 Jul 2012, 01:13 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    jk, we've almost concluded 4 trading days now since the wildest selling stopped. I've actually added some shares over these days, including today. I could be way the heck wrong, but I think we've seen the end of the cheapest of the cheap shares. I may be morphing into a lung fish.
    25 Jul 2012, 03:30 PM Reply Like
  • jakurtz
    , contributor
    Comments (1959) | Send Message
     
    I agree. I may have missed my boat adding a little, with all the headwinds I thought we would be in the .2x a little longer than we were. A few bigger hungry fish were out there earlier than I had counted on though. You and JS must have been in that pod of feeding killer whales, chomp chomp.
    25 Jul 2012, 03:45 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3217) | Send Message
     
    Well, I acted like a lung fish, and now I look like a lung fish, so...
    25 Jul 2012, 04:46 PM Reply Like
  • Mathieu Malecot
    , contributor
    Comments (1284) | Send Message
     
    personally waiting for 35 cents to break (over) before i add more. the paint is drying imo and it looks like someone's painted a mural.
    25 Jul 2012, 06:13 PM Reply Like
  • Tim Enright
    , contributor
    Comments (1345) | Send Message
     
    Mathieu. So, I thought you were out and in watch mode but you now are waiting to add "more". I am glad to see you are back in (increases my confidence) and in watch mode. I too am looking forward to the break over moment...
    25 Jul 2012, 09:48 PM Reply Like
  • Mathieu Malecot
    , contributor
    Comments (1284) | Send Message
     
    you can check my instablog for my positions. i triggered a wash to buy axpw back, so i am not sure how much my position should engender confidence.
    26 Jul 2012, 12:01 AM Reply Like
  • wtblanchard
    , contributor
    Comments (2410) | Send Message
     
    What's going on with the PowerGenix CEO?

     

    GTAT hiring of Calif. battery firm exec sparks speculation

     

    Tuesday, July 24, 2012

     

    http://bit.ly/OmIZIY
    25 Jul 2012, 10:49 AM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    I've sent Dan an e-mail asking him to make sure I'm on his distribution list. As soon as I have more detail I'll provide it.
    25 Jul 2012, 11:04 AM Reply Like
  • Mayascribe
    , contributor
    Comments (11197) | Send Message
     
    Turn any car into a plug-in hybrid for $3,000, and double your mileage? This prototype kit does it:

     

    http://bit.ly/MI9Cbs
    25 Jul 2012, 12:29 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    I think a $3,000 cost estimate is very light for a pair of wheel motors, a plug-in battery pack and the control electronics, but it's a cool idea.
    25 Jul 2012, 12:51 PM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    Maya,

     

    My guess is that the $3-5K is for the wheel system. I'll bet the battery costs extra.
    25 Jul 2012, 01:51 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Labtech, I'm guessing it's for an entire base system on a smaller vehicle. Perhaps material only. Labor extra if required. Propulsion one wheel. That's my guess for what it's worth.

     

    Here's the base price for a Tata Nano in a randomly chosen city in India. Pretty inexpensive.

     

    157,041 rupees = 2,803.54 USD

     

    http://bit.ly/Nv6ByG
    25 Jul 2012, 02:09 PM Reply Like
  • Mayascribe
    , contributor
    Comments (11197) | Send Message
     
    Lab: That's what I was thinking, as when I watched the pretty cool vid, it wasn't real clear if the battery -- "much more than we needed" -- was included in the total cost.

     

    I'm with you, the cost of the battery is extra.
    25 Jul 2012, 02:19 PM Reply Like
  • Tim Enright
    , contributor
    Comments (1345) | Send Message
     
    I like it! leaves the axle spindle and wheel end alone so it could be adapted to a larger weight classification. I know what battery/storage system I would use...
    25 Jul 2012, 09:52 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Researchers suggest subsidies and policies targeting plug-ins with small battery packs would produce more benefits at lower cost

     

    "At first glance, tripling the subsidy may seem justified because the electric range is tripled. But tripling the range does not mean tripling the amount of gasoline displaced or emissions reduced: Increasing battery size has diminishing returns."

     

    http://bit.ly/OEnt0r

     

    Coming next, Removing the plug.......
    25 Jul 2012, 02:20 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    This particular team has been active for the last three years or so and their analysis consistently concludes that PHEV-7 is pretty much the ideal balance. The closest anybody's come so far is the plug-in Prius.

     

    I plan to download the two papers and may write something on the topic this weekend.
    25 Jul 2012, 02:33 PM Reply Like
  • D Lane
    , contributor
    Comments (1677) | Send Message
     
    A smaller battery means it will be cycled more often, thus maximizing its value. The Prius plug-in should be ideal for urban fleets and urban commuters!
    25 Jul 2012, 02:49 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    Even with the tiny battery, a PHEV is a tough economic proposition unless you can cycle the battery two or more times per day.

     

    The back of napkin calculation is that the plug-in carries a $5,000 premium and each battery cycle saves 2/10 of a gallon of gas, or about $1 if you assume $5 gasoline. To get cash on cash payback, you need to cycle the battery 5,000 times.

     

    If you look at a commuter vehicle, it takes the owner to and from work about 250 times a year. With one daily battery charge, the cash on cash payback is 20 years. With two daily charges, the cash on cash payback is 10 years. With four daily charges, the cash on cash payback falls to 5 years.

     

    It might be a great solution for a soccer mom or a salesman who has lots of charging station access, but beyond that the numbers are just plain tough to justify.
    25 Jul 2012, 03:19 PM Reply Like
  • 481086
    , contributor
    Comments (3431) | Send Message
     
    The one thing that remains appealing about the idea of a PHEV-7 is that, in the event we do have some kind of major gasoline supply disruption (a la 1973, 1979) phev-7 owners could (assuming electricity remains available) retain a limited (range certainly, speed maybe?) transportation capability... enough maybe to get to the store, or the doctor, or the kids school... though probably not most commutes. I guess I can see how having a pure electric locomotion option always there could be reassuring to some. But it could also be just a case of trying to fight the last war-- I don't know that we're now quite as vulnerable anymore as we were in the 70's to oil shocks...
    25 Jul 2012, 03:39 PM Reply Like
  • SMaturin
    , contributor
    Comments (2268) | Send Message
     
    '86>"in the event we do have some kind of major gasoline supply disruption"

     

    May I suggest that this could be a more reliable and economical solution for the applications you envision:

     

    http://bit.ly/N32HqN
    25 Jul 2012, 03:44 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    My recollection of the oil shocks of the '70s may be faulty, but I don't recall people being stranded because fuel was not available. It was more of a pain in the tush because the lines were long and the odd days, even days regimen was annoying. Perhaps others had different experiences, but I never missed a day of work or school, or for that matter a date, and I don't recall anything that even vaguely resembled an emergency.
    25 Jul 2012, 03:45 PM Reply Like
  • 481086
    , contributor
    Comments (3431) | Send Message
     
    I was a few years shy of driving age in 79, so mostly I remember lots of dramatic reports on TV of huge gas lines and lots of stressed out motorists. I do remember some long waits from 73 with my folks though. So I guess I am remembering the problem as bigger than it really was, and probably would be were it to happen again.
    25 Jul 2012, 03:52 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    I graduated high school in '69 and drove through it all. Fillups were a pain, but people adjusted pretty quickly. The only ones who were really put out were the paranoid types who went from filling their tank once a week to topping it off every other day "just in case."
    25 Jul 2012, 03:58 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Ignoring the fact that PHEVs don't appeal to me yet based solely on the economics, I kind of like the idea of being able to swap batteries for more distance based on a rental model. Or the thought of selling the vehicle with X kW and being able to add in increments.

     

    So obviously I like the towed trailer option for long trips be it a larger battery or a generator. Something to add to the U-Haul distribution channel.
    25 Jul 2012, 04:15 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    SMaturin: Have you been watching corn prices? I suspect we couldn't afford the feed for that motive unit! :-))

     

    HardToLove
    25 Jul 2012, 04:50 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    Yeah John but it was a pain having to park at the side of the road on a Sunday A.M. in the middle of Kansas somewhere waiting for the only station for who-knows-how-far to open.

     

    HardToLove
    25 Jul 2012, 04:52 PM Reply Like
  • D Lane
    , contributor
    Comments (1677) | Send Message
     
    I appreciate those numbers. . . The economic calculation is highly dependent on the price of petrol and electricity. I agree that most will not find the PHEV to be the most economic solution for their household--but there already appears to be a niche there for people who make frequent small trips! Its exciting that there are so many places where you can recharge the smaller battery.

     

    I'm most interested in electrified transport because of the potential for reduced CO2 emissions and reduced dependence on what I see as an unhealthy system of oil addiction and dependence.
    I hate sending my money to those who are already overfed.
    I'm envisioning some wonderful gains in the long-term from the emergence of a new transportation paradigm! Getting there is a challenge and I want to be part of the solution.
    25 Jul 2012, 05:00 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    Being in rural Kansas was the best place to be - at least for the oil embargo. Never saw a line at a filling station, got all the diesel and gas we wanted on the farm, but the pictures in the newspapers looked pretty grim for the city dwellers.
    25 Jul 2012, 06:02 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    iindelco,
    I'm thinking about your towed trailer idea and imaging having your car set up like an Australian road train for when crossing those really long stretches of desert.
    http://bit.ly/SUxaN0
    25 Jul 2012, 06:13 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Wow metro, I've driven by longer combination vehicles in the US and the back trailer on a windy day can be all over the place. This thing has to be sweeping the ditches on both sides of the road.
    25 Jul 2012, 06:46 PM Reply Like
  • D-inv
    , contributor
    Comments (4777) | Send Message
     
    "This thing has to be sweeping the ditches on both sides of the road. "

     

    :-) Are all those containers extra fuel tanks?
    25 Jul 2012, 07:44 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    on iindelco's auto those would be batteries for long road trip.
    25 Jul 2012, 07:48 PM Reply Like
  • D-inv
    , contributor
    Comments (4777) | Send Message
     
    "do remember some long waits from 73 with my folks though."

     

    Yep, some long waits in late '73 - early '74 caused as much by "the paranoid types" JP remembers who insisted on fuel purchases daily (and 2x daily) instead of weekly as by government edicts limiting gasoline purchases to 5 gallons at a time..

     

    55 mph speed limit edicts prompted another type of response in sparsely populated oil producing regions with long distances between towns/cities -- places like Western Texas, New Mexico, etc. Bumper sticker industry blossomed.
    26 Jul 2012, 10:08 AM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    Interesting comparison between basically same model of car in U.S. and Europe - but using different engines. Don't need no stinking Li-on battery if have efficient diesel and petrol engines. And the Volkswagen diesel are even more efficient.

     

    Toyota Prius: Plug-in
    51 city/49 highway/50 combined mpg estimates.
    Price: Base price $32,000 - tax not included

     

    Ford Fusion U.S.
    Hybrid:
    Price $28,775 - tax not included
    Fuel mileage: 41 city 36 highway

     

    Non-hybrid:
    In U.S: fuel mileage.
    Standard 23 city 33 highway
    Price: $20,705 base price

     

    In Europe
    Diesel:
    FORD MONDEO: This is Fusion model in U.S.
    ENGINE: 1.6-litre, 115PS four-cylinder engine, driving front wheels through 6-speed manual gearbox.
    PERFORMANCE: Top speed 118mph. 0-62mph in 11.9 secs.
    ECONOMY: City: 56.5mpg.
    Country: 72.4mpg.
    PRICE: $37,000 - VAT included

     

    Mondeo Petrol:
    1.6 Ecoboost Gasoline Mondeo returns 34 MPG in Town, 52 MPG Extra Urban & averages 44 MPG combined
    Price: $28,047 (Already includes VAT)
    25 Jul 2012, 04:09 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    Tesla's earnings are out and ugly.

     

    They lost $105.6 million for the quarter, or $1 per share.

     

    Stockholders equity is down to $62.2 million.

     

    They didn't break out the current portion of capital lease obligations or long-term debt, but a reasonable estimate for working capital is somewhere in the $40 million range.
    25 Jul 2012, 04:20 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    And it's up AH 4% on about 80 k shares. :)
    25 Jul 2012, 04:28 PM Reply Like
  • Poul Brandt
    , contributor
    Comments (254) | Send Message
     
    Maybe it does give some kind of meaning after all.

     

    I mean,
    Tesla is over-valued and bad news results in increasing share price.
    Axion is under-valued, and good news results in lower prices.
    25 Jul 2012, 04:33 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    The key is the part where they "...affirm Full Year view". And promising to produce 5000 units in 2012.

     

    Hmmmm, looks like they also "...guided higher...", a lot higher, on margins. (Might actually be true, if they are talking about getting past the premium reserved models with the big downpayments, in a crooked sort of logic....)

     

    That is always the way to keep control with the hopium addicted...

     

    Inject more hopium.

     

    Ignore the little man behind the curtain...
    25 Jul 2012, 04:39 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    I took profit shortly before the close. Missed an earlier in the day chance, missed ~$200 more.

     

    HardToLove

     

    EDIT: The "adjusted" numbers beat by $0.03 - that's probably why it's up. No going concern statement. Lots of rose-colored glasses statements.
    25 Jul 2012, 04:56 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Poul,

     

    http://bit.ly/LO6jSc
    25 Jul 2012, 04:57 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    Is that HTL's tinfoil hat, or the prototype John is working on?
    25 Jul 2012, 04:59 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    Welllllll ...... almost. My target price to exit my long puts was $28.55 - never got there.

     

    Guess what price in AH just flashed? Yep, $28.55.

     

    There is no yin/yang balance in the universe anymore. :-((

     

    HardToLove
    25 Jul 2012, 05:15 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    That looks like a beta version to me. We have 2.0 in the works now.

     

    Unfortunately, there's a 3+ year testing protocol and a need for secondary source with assured quality and ISO certification.

     

    You might have to wait to gets yours. But the good news is that you can give us a deposit and we will deliver ... someday - we promise!

     

    HardToLove
    25 Jul 2012, 05:17 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Ahhhhh. Reality is setting in. Maybe.
    25 Jul 2012, 05:21 PM Reply Like
  • tripleblack
    , contributor
    Comments (13581) | Send Message
     
    $28.26 AH now, HTL... Dropping fast.
    25 Jul 2012, 05:23 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    See metro. John and HTL are keeping the readin' caps all to themselves promising the good stuff if we wait. And trying to pry those AXPW buyin' funds from my tightly gripped hand. Guess I'll have to keep relying on my ladies. But I do get sick of having to hear it over and over again.

     

    "Double, double toil and trouble
    Fire burn, and cauldron bubble."

     

    Must admit though based on their input I'd swear they are blind as a bat. I have no idea where the heck Axion's going next.

     

    Come on HTL fess up! And don't give us any of that it's out for calibration and certification BS.
    25 Jul 2012, 05:36 PM Reply Like
  • LabTech
    , contributor
    Comments (1778) | Send Message
     
    IINDelco,
    I took that to be window dressing. It got pumped up AH just long enough for all the news reports to say that the stock was "up" after hours in trading. Once they all came out, it started to go back down.
    25 Jul 2012, 05:56 PM Reply Like
  • siliconhillbilly
    , contributor
    Comments (2697) | Send Message
     
    Reminds me of some of the headgear worn by the baddies in a 1930's sifi serial. "Flash Gordon beats up on the Martians" ;-)
    25 Jul 2012, 06:01 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Could be LabTech could be. About 150k shares traded thus far with a low of 27.53 USD. We'll have to see what happens with volume in the am.
    25 Jul 2012, 06:16 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    From "The Planet of Peril"

     

    http://bit.ly/SUyWxu

     

    Could be a war games exercise for the necessary defensive weapons required for John to go to a Tesla shareholders meeting. That's one high end TFH.
    25 Jul 2012, 06:37 PM Reply Like
  • H. T. Love
    , contributor
    Comments (19388) | Send Message
     
    TB: yeah, but no real volume to it.

     

    I wouldn't be surprised to see a rebound tomorrow. I started thinking about the "hype cycle" JP has described to us and decided with profits in hand, go ahead and eliminate the risk. There'll be other up/down cycles and I won't have to worry about the market-perception - just play the cycles.

     

    HardToLove
    25 Jul 2012, 06:53 PM Reply Like
  • siliconhillbilly
    , contributor
    Comments (2697) | Send Message
     
    Nice helmet, dude!

     

    Gotta love that tin plated metal armor -- on the robots!
    25 Jul 2012, 07:02 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    If Axion goes to $10, I'll wear that outfit to the AGM.
    25 Jul 2012, 07:11 PM Reply Like
  • BugEYE
    , contributor
    Comments (194) | Send Message
     
    SG&A 36million
    R&D 75 million
    Capital expenditure 61 million (fortunately Uncle Sam paid most part of this)
    A QUARTER!
    And they expect sell only 500 units in Q3. 
    25 Jul 2012, 08:00 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    We'll see about the going concern issue when the Form 10-Q is issued. The press release doesn't include footnotes.

     

    I calculate working capital of ±$26 million and equity of $62 million at June 30th, which doesn't go far when you're losing $105 million per quarter. If they don't raise money soon their September 30 financial statements will be weaker than Axion's.
    26 Jul 2012, 01:16 AM Reply Like
  • Mayascribe
    , contributor
    Comments (11197) | Send Message
     
    My brother-in-law owns Tesla. He doubled down and sold off half and is now riding house money.

     

    About ten times I have gently warned him he'll lose his house money.

     

    Including yesterday.
    26 Jul 2012, 04:02 AM Reply Like
  • JohnM121
    , contributor
    Comments (500) | Send Message
     
    Last time I recall an upstart US car company that ran into trouble, they tried some alternative financing. Unfortunately for them, they got caught.
    http://bit.ly/MHfuW7
    25 Jul 2012, 04:38 PM Reply Like
  • John Petersen
    , contributor
    Comments (30629) | Send Message
     
    Didn't that have something to do with importing agricultural commodities?
    25 Jul 2012, 04:44 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    In order to make up for a $105.6 million shortfall, will have to start own cartel. Any idle workers can start digging a tunnel.
    25 Jul 2012, 04:52 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    Snuff said!

     

    Or is it.....Psst, over here we keep the good snuff! Shhhhh.

     

    Hey, It was good enough for presidents. And with some of the decisions coming out of DC I think it's contagious.
    25 Jul 2012, 05:03 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1425) | Send Message
     
    FWIW: Read an article in a Portuguese newspaper today about how in light of the world economic situation Blackrock had shifted its focus to a more defensive investment strategy. Could be the reason behind the sell off of Axion.
    25 Jul 2012, 05:10 PM Reply Like
  • iindelco
    , contributor
    Comments (10233) | Send Message
     
    An article on the Chinese Pb market with some info. on LAB production. Guess nobody told them lead is dead.

     

    http://bit.ly/P0ObjH
    25 Jul 2012, 05:16 PM Reply Like
  • Axion Power Host
    , contributor
    Comments (523) | Send Message
     
    Author’s reply » New APC this way

     

    http://seekingalpha.co...
    25 Jul 2012, 05:47 PM Reply Like
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