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Trade stocks by day, and at night am writing a historical epic about the ancient Mayan civilization. "Maya: Spirits Of The Jaguar" is a sweeping saga set in the ancient and magical Mayan landscape where a wronged family struggles against prophecy, power, treachery and forbidden love,... More
  • Axion Power Concentrator 45: Beginning Jan. 10, 2012 187 comments
    Jan 10, 2012 6:43 PM

    PURCHASE ORDERS! That's plural, folks!

    Another Thomas Granville interview, CEO of Axion Power International:

     

    Q: Can you give us a quick description of what the PowerCube™ is and how it works?

    Ans: The Axion PowerCube™ is a Battery Energy Storage System (BESS) that leverages our patented PbC® battery technology. The PowerCube™ integrates the batteries, power electronics, safety systems and computer controls into a complete system module. The current “building block” is rated at 500 kW but can be scaled to a 20MW system. The system can also be configured into smaller building blocks for residential or community storage initiatives. Our PowerCube™ can be configured to participate in the utilities ancillary markets, such as the frequency regulation and energy markets. Capabilities include providing power quality, back-up power, power smoothing and load leveling.

    In the utilities ancillary markets, we have partnered with Viridity Energy, a curtailment service provider (CSP). As an example, Viridity Energy bids the PowerCube™ into the frequency regulation market at various times during the day. If our bid is accepted, Viridity receives a regulation signal (REGA) from PJM, the RTO in our area. That regulation signal is transmitted to the PowerCube™ and commands the BESS to either charge or discharge. The system is capable of responding to the signal in 250 milliseconds.


    Q: How does the PowerCube™, with PbC® Technology, participating in the regulation market benefit the RTO, utilities and end user?

    Ans: In October of this year, the Federal Energy Regulatory Commission approved rule changes that reduced the minimum required amount of resources to 100 kW, from the previous minimum of 500 kW. This new minimum level for participation allows the PowerCube™ to participate in the utilities ancillary services. The regulation services correct for short-term changes in electricity usage that could affect the stability of the grid. It also helps PJM optimize the power generation and adjust the generation output to maintain the desired frequency of the grid. Previously, system operators have relied on slow responding generating resources to vary output to balance system frequency. Now,with assets like the PowerCube, those generators could be re-tasked to focus on load generation.

    Follow on Question: What is the response time of the PowerCube™ to the REGA signal and how does it benefit PJM.

    Ans: The PowerCube™ can respond to the REGA signal received from viridity in 250 ms. The roundtrip communication time between PJM, Viridity and the PowerCube™ is on the order of 3 seconds. Currently, utility assets (natural gas fired peakers) that are participating in the regulation market have 5 minutes to respond to the regulation signal. Fast responding assets like Axion’s PowerCube™ will benefit PJM by providing them with the ability to control the frequency of the grid in real time. It should be noted that the further the frequency drifts out of balance, the more difficult rebalancing becomes. The amount of power required to move back into balance increases geometrically, so it is incumbent that the provider respond quickly.



    Q: How does the PowerCube™ benefit renewable energy sources like Solar, Wind, Tidal, etc.?

    Ans: Incorporating renewable energy sources into the grid infrastructure is challenging. Energy from solar panels, wind turbines, etc. is derived from unregulated natural resources (e.g. the sun is blocked by passing clouds; the push of the wind is inconsistent in both force and direction, etc.). This intermittency makes it difficult for utilities to predict what their output will be, thus the importance of battery energy systems like the Axion PowerCube. The PowerCube™ is charged or discharged as needed to smooth out these natural irregularities, increasing the quality of renewable energy output and the value of renewable expansion.


    Q: The PowerCube qualified in the PJM market as a 100 kW resource. What is the benefit to PJM? Is the technology scalable to larger power ratings?

    Ans: PJM is able to re-task the generation assets that are currently being used for frequency regulation and optimize them for load generation. Fast responding technologies, like the PowerCube™ can be used to maintain the frequency of the grid in real time. The technology is scaleable in building blocks of either 500 kW or 1 MW.


    Q: There are many battery technologies available, what makes the PbC® technology better choice over Li-ion, Na-S, traditional lead acid, flow batteries, etc.?

    Ans: The PbC® battery represents the best value/performance fit for battery energy storage applications. It overcomes the significant performance limitations of lead–acid batteries (traditional and advanced) that include low cycle life and low charge acceptance, as well as lead-acids high module variation seen within battery strings. PbC® batteries are fully recyclable and a fraction of the cost of non-recyclable chemistries such as Li-ion. Both Li-ion and Na-S have significant safety issues, each with recent fire incidents garnering national attention. While Na-S batteries contain inexpensive materials, they are operated at extremely high temperatures and are especially unfit for mobile applications. In addition, they require hours to re-charge compared to our fast rate of charge – minutes or even seconds depending on the application.

     

    Q: Is the PowerCube™ a behind or in front of the meter resource and does it have any impact of the system design?

    Ans: Currently, the PowerCube™ is configured as a behind the meter resource. In essence this means that Axion acts as a virtual generator by curtailing load. When the PowerCube is commanded to take load from the grid it uses that power to charge its battery. When commanded to discharge, the battery is discharged into the plants load effectively reducing or curtailing its power consumption. The PowerCube can easily be configured as a behind or in front of the meter resource. The main impact is on system layout and interface with the power systems.


    Q: What other markets does the PowerCube bring value to?

    Ans: In addition to the portfolio of grid services, the PowerCube is capable of (frequency regulation, load leveling, power quality, backup power and renewable smoothing), it has uses in other markets that require dynamic power storage and utilization. Power back up for oil drilling platforms is one example. A modified version of the design is in the final stages of deployment in the hybrid locomotives market. We are preparing to release a smaller scale version of the technology for improving power quality in large residential homes and in community storage.


    Q: What type of battery management and/or remote monitoring is available?

    Ans: Axion utilizes our proprietary Battery Management System (BMS). The system allows us to monitor the health and State of Charge (SOC) of each battery. With this information, the computer algorithms can make intelligent decisions on how to operate the BESS. The PowerCube can be monitored and controlled remotely through a secure VPN tunnel.


    Q: Why is the charge acceptance and module variation of the PbC® technology important to the end user?

    Ans: The charge acceptance of a battery determines how fast it can be recharged and how many cycles it can participate in over a given period of time. The PbC® battery’s proprietary carbon negative electrode does not sulfate as does the lead negative electrode in a lead–acid battery. The result is a PbC® battery that can cycle much longer (3 to 4 times) and much faster (2 to 3 times). In grid applications, this translates into a significantly longer life product that bumps up against the utilities “length of life” requirements. Furthermore, in 2012 FERC and PJM will begin “pay-for-performance” market participation compensation. The exceptional response time of the PowerCube will provide an increased financial benefit to the Owner.

    In a series string of individual batteries, the overall string capacity is limited by the lowest performing battery. The module-to-module voltage variation of PbC® battery strings is ten times lower than that of lead–acid battery strings, which require frequent equalization charges and/or battery replacements to maintain system capacity over time. The end user of a PowerCube gets more capacity output with less variation, cost, and downtime – all contributing to improved ROI.

     

    Q: Does Axion provide the entire contents of the PowerCube™ or just the batteries?

    Ans:We currently provide the entire piece of equipment as a plug in module. In the future we will have others assemble this for us and in some circumstances we may just provide the batteries for an application.


    Q: Are there any installations currently using PowerCube™ technology?

    Ans:The PowerCube on our site is the first deployment of this technology. We have purchase orders for batteries and have other PowerCube proposals in various stages right now, but everyone wants to be able to see one and touch one that is actually operating in the marketplace. That's why we’re so excited to see our PowerCube in action.


    Q: Where does Axion go from here with this technology?

    Ans:As mentioned already, we have applications in numerous markets that alllend themselves to the unique characteristics of our product namely – increased cycle life; high state of charge acceptance; fast re-charge capability and low voltage variation in large string applications. The hybride vehicle stop/start market; hybrid trains; solar and wind storage; oil rigs; residential storage – are but a few of these market applications

     

    Thomas Granville has been Chairman of the Board of Axion Power International since 2003 and President and CEO since April of 2005. Prior to joining Axion, Mr. Granville served as managing or general partner for startups and emerging companies in the construction, commercial real estate, multi-family housing, and cable television industries. Mr. Granville also served as president of the National Elevator Industry Inc., a leading trade association representing elevator manufacturers and contractors.

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Comments (187)
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  • Mayascribe
    , contributor
    Comments (10466) | Send Message
     
    Author’s reply » Last comment in the previous Concentrator from jveal:

     

    I try to Google Axion Power several times a day. I usually limit it to a search for the last 24 hours. Since the latest press releases and articles have been released, the first three pages of results are filled with good info and at times many links to the Concentrator. I was shocked to see my first ever blog on Motley Fool's CAPS come up first on two occasions when I Googled Axion Power.

     

    Post good quality blogs on the services you subscribe to about Axion. Many of them will be found when people hear about the company and begin searching.
    10 Jan 2012, 06:45 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10466) | Send Message
     
    Author’s reply » jveal: Great idea!
    10 Jan 2012, 06:50 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10466) | Send Message
     
    Author’s reply » Please remember to thumbs up this Concentrator, which can be found directly above the first comment. Thanks!
    10 Jan 2012, 06:46 PM Reply Like
  • Futurist
    , contributor
    Comments (2113) | Send Message
     
    Maya,
    Thanks for the fresh concentrator.

     

    As a simple refresher. I am not amazed at the amount of stock investors are buying in Axion. I am amazed at the amount of shares sold. I will ask this of JP. If we take 10% of the sales as Quercus since the bottom AND assume special sits is void of stock, then who have sold in such quantities the last week?

     

    Sure a bottom feeder could flip for a 80% gain and someone scared to death at $.25 could have felt great getting out at $.40. But are those investors really in such quantity that they can account for the stock being sold?

     

    I have surmised all along that there is a huge amount of long term investors now holding Axion stock. I really don't get the selling.

     

    Just asking for conjecture ,if anyone has any.
    10 Jan 2012, 07:51 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18427) | Send Message
     
    Futurist, only guessing.

     

    Folks that held a long time and want to rotate to what they think is a better opportunity? If they've not been following here, they could be following a plan that starts with "If this POS ever gets back to $0.40, I'm ..."?

     

    The last of the momentum traders?

     

    (Shudder) "real" short sellers? The price still seems too low, but if the market can stay irrational, there must be irrational folks making it so?

     

    Quercus? This is just based on a guess that they could have filed their new Form-144 *very* quickly and we haven't yet received it?

     

    Last, lots of folks that lurk, got in at a decent price and believe on taking profits at given percentage gains? This could include *us* as part of a reasonable risk-management strategy. As DRich(?) points out, buying (back in?) on the way up is a well respected strategy.

     

    That's all I can think of.

     

    HardToLove
    10 Jan 2012, 08:43 PM Reply Like
  • bangwhiz
    , contributor
    Comments (2250) | Send Message
     
    Futurist> Do you remember that day somebody was sucking up mucho shares at .30 like a vacuum cleaner. At .45 they were cleaning up. Then there was the crowd from .30 down, with some 200K and 100K buys. It is pretty logical that they are the sellers n'est pa? They didn't buy those shares planning to hold them back up to $1.27 IMHO. They could sell now and maybe jump back in after the dust from the capital raise has settled. Be sitting pretty with that strategy too. But if they were that smart they would wait for it to start running again after the capital raise before buying back in - and then only if they think it is their best short-term strategy.
    10 Jan 2012, 09:10 PM Reply Like
  • John Petersen
    , contributor
    Comments (30432) | Send Message
     
    At this point I'm eagerly awaiting Schedule 13/G and Schedule 13-HR reports from the big stockholders. They'll be filed in mid-February. I too am surprised by the amount of selling since year end, but whoever it is they're being gentle and letting the price rise instead of pushing it down. That tells me the pushing and shoving around the pay window is abating and the sellers are beginning to as themselves "do I really want to sell near the bottom of what's beginning to look like the start of a sustained rally when I could slow down and average up on my pricing?"
    11 Jan 2012, 01:18 AM Reply Like
  • bazooooka
    , contributor
    Comments (3430) | Send Message
     
    I think we'll find out that SS was still selling and Quercus was selling 10% too. This combined with SA flippers, traders, bailers, and short term gainers can easily make up the 100k-200K of dollars being bought and sold; imo.
    11 Jan 2012, 04:31 AM Reply Like
  • tripleblack
    , contributor
    Comments (13586) | Send Message
     
    I agree. In truth, I am one of those who trades around a core holding, and in fact I am breaking one of my own rules by NOT selling off trading blocs in AXPW I accumulated recently at firesale prices. If I am being a hog about this and ultimately lose profits, so be it, but even at $.50+ its still looking cheap to me (normally I would have been selling of those $.30 and bellow shares long since).

     

    I guess rules are made to be broken, but I do indeed credit this Concentrator with affecting my decision in this particular case.

     

    Happy New Year and thanks to all the wise and thoughtful participants.
    11 Jan 2012, 11:45 AM Reply Like
  • Bob Haeger
    , contributor
    Comments (67) | Send Message
     
    I'm with you, Futurist. Can't seem to sell that trading block for a double here, still too under priced. And I'm not that nimble. As JP says, its easy to sell but can be hard to buy back in.
    11 Jan 2012, 12:24 PM Reply Like
  • DRich
    , contributor
    Comments (4825) | Send Message
     
    >bangwhiz & HTL ... My take from a TA view (understand I don't go into the analytic deep end of the pool) Axion is going become range bound between $.47 & $.62 for a while if the stock just doesn't go flatline in the mid $.50s. It will take a lot of enthusiasm or a really good corporate event to not have this happen. I'm basing this strictly on volume spike (inflection points)/price action leading into the closest consolidation areas over the last year.

     

    Right ... Wrong ... or just plain Nuts?
    10 Jan 2012, 07:58 PM Reply Like
  • bangwhiz
    , contributor
    Comments (2250) | Send Message
     
    Totally agree! My view agrees with this "if the stock just doesn't go flatline in the mid $.50s." I think that will happen. NS or a major Powercube deal could push it up into the .60s. I indicated that view yesterday with this chart: http://bit.ly/y06R05
    10 Jan 2012, 08:50 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10466) | Send Message
     
    Author’s reply » DRich: You may be correct, but I bet TG is going to goose this stock as much as he can before he needs to raise some cash. He's got some mystery purchase orders up his sleeve that he can use anytime he deems the stock has lost some upward mojo.

     

    I'd be quite happy to float around with 55 cents for a bit, though. That's pretty much the dead on price for me to be at break even, when combining my gamer account and brokerage account.

     

    To think the stock is up 80% and I'm still in the hole boggles my nerons and synapses.
    10 Jan 2012, 08:58 PM Reply Like
  • bangwhiz
    , contributor
    Comments (2250) | Send Message
     
    My magic number for the bulk of my shares is .60. Another smaller account averaged at $1.00 will be profitable someday! Was sweet of SS and Quercus to sell me some cheap shares to get my average down in my key account. I'll give them a big kiss SMACK!
    10 Jan 2012, 09:02 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10466) | Send Message
     
    Author’s reply » I'll add that the $26,000 (?) Navy order announcement has in part boosted AXPW's market cap by almost $18,000,000.

     

    TG has to be pretty happy with that result...so far.
    10 Jan 2012, 09:24 PM Reply Like
  • DRich
    , contributor
    Comments (4825) | Send Message
     
    >Mayscribe ... I can't feel too sorry for you having a few traunches in the hole. My original purchase of Axion is still 84% in the hole. I've got to hope the price comes up ... just a scosh.
    10 Jan 2012, 09:47 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10466) | Send Message
     
    Author’s reply » DRich: The people I will be absolutely the happiest for, borderline estatic, are the ones last in line to finally be able to say, "I'm even!"

     

    That the Axion Power Concentrator may have moved that date forward for you and others pleases me greatly.
    10 Jan 2012, 09:53 PM Reply Like
  • DRich
    , contributor
    Comments (4825) | Send Message
     
    >Mayascribe ... Yeah ... Yeah! You'll probably be doing that "happy" from the top of your own custom built scale replica of Palenque.
    10 Jan 2012, 10:05 PM Reply Like
  • DRich
    , contributor
    Comments (4825) | Send Message
     
    >Mayscribe ... My last comment might have come off as a little rude. I didn't mean it to be. I think it would be a kick if you, or anyone here, could make enough to just insanely blowoff. My first purchase was made at what I thought was a lower than fair price for the technology and applications I saw it being useful in. Little did I know what years of looking at red numbers my thinking would bring.
    10 Jan 2012, 11:21 PM Reply Like
  • bangwhiz
    , contributor
    Comments (2250) | Send Message
     
    Yeah DRich, but you envisioned the battery for rail before NS was even talking to Axion. Brilliant deduction IMHO. You were just a few years ahead of everybody else.
    10 Jan 2012, 11:34 PM Reply Like
  • DRich
    , contributor
    Comments (4825) | Send Message
     
    >bangwhiz ... I won't know if that was actually a good call until they buy one and put in service. Kind of a leap before you see approach ... not recommended. Seemingly good ideas can be expensive or at least frustrating.
    10 Jan 2012, 11:49 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10466) | Send Message
     
    Author’s reply » DRich: No prob. I was having fun with the idea building that Palenque replica using some replicas of the "stones" of some of us Axion investors. I just couldn't figure out how best to word that creepy idea, where it would be non-creepy. But surely, your stones would be the right there with the biggest.

     

    Beg your pardon, Mercy!
    10 Jan 2012, 11:56 PM Reply Like
  • DRich
    , contributor
    Comments (4825) | Send Message
     
    >bw & Maya ... Now it on to graphene investing. Find a good technological application and see if I can beat my Axion bet for deeper losses over a longer time span. Tally-ho!
    11 Jan 2012, 12:00 AM Reply Like
  • D-inv
    , contributor
    Comments (4212) | Send Message
     
    Maya, thanks to concentrator participants I not only held on to my underwater positions in Axion but added to them. Hat tip to you, JP and all the unnamed others here for your contributions to my financial well being. Bottom feeding was good for me. Now up ~10%.
    11 Jan 2012, 04:17 PM Reply Like
  • 481086
    , contributor
    Comments (3442) | Send Message
     
    Fut, those are darn good questions... Maybe special sits isn't out completely, only throttled back.. my guess is day-week-month traders.... not a whole army of them, but John's articles over the last few years are bound to have collected a whole mess of lurkers.. and I bet more than a few of 'em are keeping real quiet--all the while following the action, making their trades in and out, and congratulating themselves daily for being so smart and stealthy...
    10 Jan 2012, 07:59 PM Reply Like
  • JohnM121
    , contributor
    Comments (471) | Send Message
     
    The price didn't really stay below .5 until November 2011. (ok Oct 27). Getting back to the .5 to .6 range should be pretty easy. A lot seems to have happened since then: Increased market acceptance of the battery and institutional selling not related to the company performance is winding down. That said, there is some hysteresis left in the price after having been so low. There is nothing wrong with the price appreciation taking a break at the level it was a couple of months ago. It's probably a healthy thing.

     

    If everyone holds the stock tight, the liquidity would vanish along with new buyers.
    10 Jan 2012, 08:40 PM Reply Like
  • D. McHattie
    , contributor
    Comments (1844) | Send Message
     
    I'm inclined to agree with JohnM.

     

    Yes, in percentage terms the price has risen a lot in a short period.

     

    But those lows never made any sense from a fundamental standpoint - they were driven purely by Special Sits, Quercus and tax loss selling.

     

    Tax loss selling is over, Special Sits is out. Quercus is (and always was) a responsible seller that, by itself, would have little effect on the price.

     

    I don't think we should be comparing the current price to .25 and saying that it can't get much higher in this short period.

     

    We should be looking at where the price was before tax loss season and before Special Sits was selling.

     

    Just my opinion.

     

    D
    10 Jan 2012, 09:50 PM Reply Like
  • f-kru
    , contributor
    Comments (263) | Send Message
     
    D. McHattie, I totally agree and would even go so far to expect another rally up to at least $1.20 like the one last year, before SS started selling like crazy.
    On one hand the upcoming finance placement might look scary, but on the other hand the company has achieved a lot if you compare to last year when there wasn't even a Gen2 line and no PowerCube ready to sell.
    11 Jan 2012, 04:26 AM Reply Like
  • bangwhiz
    , contributor
    Comments (2250) | Send Message
     
    The fly in the ointment to me is the price is still rising while the volume is falling off the past two days. That usually indicates that an uptrend is running out of steam. We need Quercus to keep on selling. FILE THAT FORM 4!
    10 Jan 2012, 09:25 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18427) | Send Message
     
    (AXPW): Looks like vol will exceed yesterday's 10-day MA of ~814.6K. Right now at ~799.3K. Allowing for afternoon volume being lower, *if* it goes that way, I expect we'll end around ~900K or so.

     

    At 12:21 our buy:sell had moved to 2.87:1. So the sellers have been brought out by these price levels.

     

    *But* when it did pull back, $0.53 (actually $0.525) held and we moved back as high as $0.5599 at 12:33.

     

    We are testing $0.53 as I type.

     

    HardToLove

     

    P.S. It bounced off back up to $0.55. Looking quite positive.
    11 Jan 2012, 12:40 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10466) | Send Message
     
    Author’s reply » bang: Maybe. I actually hope volume decreases for a short span of time, and the stock idles for a week or so. Then people will get impatient, and another round of the Big Squeeze happens, especially if TG pulls out another one of those aces up his sleeve.

     

    We have a lot of people already in the church pews who aren't budging.

     

    A little time will also let all these off-the-chart indicators get a little more "swallowable" to finally jump in an already packed pew.
    10 Jan 2012, 09:40 PM Reply Like
  • lsd_lsm
    , contributor
    Comments (134) | Send Message
     
    Speaking of aces up sleeves ... TG looks like the consummate poker player in the pictures at the top of the articles that were recently posted.
    10 Jan 2012, 10:40 PM Reply Like
  • 481086
    , contributor
    Comments (3442) | Send Message
     
    Someday in my house there will be displayed, in a solemn place of honor and respect, two small framed portraits. Nary a day will pass during which those photos shall not be looked upon at least once in quiet admiration and gratitude...
    11 Jan 2012, 02:29 AM Reply Like
  • Mayascribe
    , contributor
    Comments (10466) | Send Message
     
    Author’s reply » Roy Rodgers and Nostradamas? :-)
    11 Jan 2012, 03:03 AM Reply Like
  • 481086
    , contributor
    Comments (3442) | Send Message
     
    Herewith I'll fondly recall an obscure but infamous scene from Tom Sawyer, and simply say: "David and Goliath!"
    11 Jan 2012, 03:15 AM Reply Like
  • jveal
    , contributor
    Comments (659) | Send Message
     
    Maya, I understand the Mayan calendar ends this year. Many say it is the end of the world. I was doing my usual Google search for Axion and got this Axion Power Concentrator 45: Beginning Jan. 19, 1012 . When I checked the Concentrator title, the day is correct at 10, but the year is 1012.

     

    LOL :-)
    10 Jan 2012, 10:25 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10466) | Send Message
     
    Author’s reply » What fun it is to be able to move our Gregorian calendar back by 1000 years. I never knew I had such powers.

     

    Thanks.
    10 Jan 2012, 10:30 PM Reply Like
  • Gerry W
    , contributor
    Comments (59) | Send Message
     
    Jveal . Thank you for your comment on Gumshoe .I might win that silver dollar
    Ger.
    11 Jan 2012, 03:37 AM Reply Like
  • Mayascribe
    , contributor
    Comments (10466) | Send Message
     
    Author’s reply » Here's a curiosity. Today, I had a 220V above-the-range microwave/convection halogen oven installed (neither very experienced and knowlegeable installers had ever before installed one of these GE Advantium 220V powercats).

     

    Just got done watching the Introductory DVD.

     

    This oven has something called, "optimization." That's where the oven senses the irregularities in the grid-delivered voltage, and the optimizes the cooking time.

     

    This ex-restranteur likes cooking over fire better than anything else. But, holy cow, an oven can adjust cooking time to voltage irregularities?

     

    Hello Viridity/PJM. If GE is designing ovens to deal with voltage irregularities, please buy some PowerCubes for my neighborhood nodes.

     

    Dab gum power always going out....
    11 Jan 2012, 12:40 AM Reply Like
  • Futurist
    , contributor
    Comments (2113) | Send Message
     
    Maya,
    Does that microwave operate behind the meter? Do you get paid by the grid for using it? Seems to me that you have found something better than the PowerCube. Maya's MicroCube. It solves Americas oil dependency, smooths out the grid, and gives you a hamburger perfectly cooked. :-)
    11 Jan 2012, 07:02 AM Reply Like
  • LabTech
    , contributor
    Comments (1780) | Send Message
     
    No hamburger will "every" be perfectly cooked in a microwave! It has to be cooked over an open fire, with as many carcinogens generated as possible to give it that grilled taste. :-)
    11 Jan 2012, 09:58 AM Reply Like
  • John Petersen
    , contributor
    Comments (30432) | Send Message
     
    ... preferably with mesquite charcoal.
    11 Jan 2012, 10:06 AM Reply Like
  • KirkTierney
    , contributor
    Comments (69) | Send Message
     
    What happens if you microwave a PbC? If it blows up, will there be a class-action suit looming? And while you at it, why haven't you invited everyone over for dinner? Is it a sign of a lack of confidence, or just inept PR handling?

     

    (I have been "talking" with Omy on the Unmentionable Message Board.)

     

    kt
    11 Jan 2012, 10:12 AM Reply Like
  • Mercy Jimenez
    , contributor
    Comments (2335) | Send Message
     
    FYI -- 7:43 am ET before market BID = 40 cents and ASK = $1.01 for AXPW. Hope this is a BM spread fluke and doesn't mark the beginning of games being played with the ASK price by individuals or institutions. IMHO games erode integrity and commitment to play long-term with a stock. I suppose another possibility is that the seller has inside information??

     

    Update: @7:54 am ASK is normalized to 49 cents. Maybe it was an aberration.
    11 Jan 2012, 07:53 AM Reply Like
  • John Petersen
    , contributor
    Comments (30432) | Send Message
     
    Particularly in the OTCBB, market makers tend to put sideline quotes up during off hours in case an order comes in from overseas or the like and catches them with an open bid or offer they really didn't intent to make.
    11 Jan 2012, 08:27 AM Reply Like
  • jpau
    , contributor
    Comments (836) | Send Message
     
    Why is it that every time a market maker is described, I picture Mr. Haney?
    11 Jan 2012, 09:12 AM Reply Like
  • mrholty
    , contributor
    Comments (1102) | Send Message
     
    Depending on my mood I picture the MM as either Montgomery Burns, Smithers, or Mortimer and Randolf Duke.

     

    When I feel like I am stealing shares from them I think of them as Milhouse's Dad.
    11 Jan 2012, 09:22 AM Reply Like
  • John Petersen
    , contributor
    Comments (30432) | Send Message
     
    By Jove I think he's got it!
    11 Jan 2012, 09:24 AM Reply Like
  • H. T. Love
    , contributor
    Comments (18427) | Send Message
     
    (AXPW): 1/9/2012 EOD stuff I've been tracking.

     

    Note that volume has been weakening now as we approach my suspected minor resistance of $0.48. Daily short sales is in an unpleasant area.

     

    Buy, sell and unknown ended at 326,026, 125,368, and 13,000 respectively,giving total volume for the day of 464,394. Buy:sell ends at 2.60:1 and buy:(sell+unknown) is 2.356:1. Compared to yesterday, volume is down ~44.9%, buy:sell improved by ~240%. This is a nice bullish number.

     

    The trend was all day: at 11:32:10 buy:sell was 2.29:1, at 13:39 it was ~2.16:1 and 15:14 it was 1.87:1 and proceeded up from there. Overall, it appears the bid/ask movements were pretty well balanced as at various periods we'd see bids coming toward ask more and at other times the inverse. But overall, as suggested by the buy:sell ratios, the trend was higher.

     

    I was glad to see this as yesterday's daily short sales were in the "normal" range and would suggest that normal market action would be at play. If I hadn't been predisposed to expecting a consolidation, maybe I would have been less likely to say it looked like a very early start of consolidation. As mentioned in another comment, my "confirmation bias" definitely was a part of what I thought would occur.

     

    Regardless, the buying strength was here today and let's hope it continues.

     

    The short volume today was 261,409, ~56.3%. The prior times we got into this range we had less than stellar results. However, I'm inclined to discount this concern as we know we had SS and Quercus in the market, more or less together and e had entered the EOY process that (I believe) involved tax-loss selling and John also believes that various funds may have been exiting their positions.

     

    We did *not* have any great buying pressure, as we hadn't received any significant news yet, *and* we were all in bottom-feeding mode. Anyway, I thought I post these so that you can look and decide if you want to do anything based on this.

     

    Note also that our b:s ratios were generally less strong during these periods. I really do believe this short percentage, in this case, is just the mechanical effects of market-makers processing sell orders for which they don't yet have shares in the control. As the shares are received they should be either be "netted" by the DTCC (I believe) or if the market-maker has covered (I would be surprised if they covered as price is rising), the shares could be sold into the market at prices likely equal-to or greater-than the price the market-maker(s) paid. This should be accompanied by a drop in short-sales percentage as shares are received *unless* lots of new sell orders keeping arriving.

     

    That may be something worth watching.

     

    1209 Vol 0193569 Sh 128829 66.55% LHC 0.3200 0.3500 0.35 b:s 1.68:1
    1212 Vol 0364751 Sh 160051 43.88% LHC 0.3200 0.3600 0.34 b:s 1.36:1
    1213 Vol 0164344 Sh 082245 50.04% LHC 0.3300 0.3500 0.33 b:s 1.68:1
    1214 Vol 0411401 Sh 084400 20.52% LHC 0.3100 0.3600 0.34 b:s 1:2.21
    1215 Vol 0324683 Sh 113909 35.08% LHC 0.3100 0.3500 0.33 b:s 1:1.39
    1216 Vol 0604796 Sh 082990 13.72% LHC 0.3000 0.3200 0.31 b:s 1:2.88
    1219 Vol 0626525 Sh 060821 09.71% LHC 0.2700 0.3200 0.29 b:s 1:2.54
    1220 Vol 0171087 Sh 011207 06.55% LHC 0.2800 0.3100 0.30 b:s 1.30:1
    1221 Vol 0281522 Sh 117627 41.78% LHC 0.2800 0.3100 0.28 b:s 1.88:1
    1222 Vol 0244924 Sh 086179 35.19% LHC 0.2800 0.3100 0.29 b:s 1:1.31
    1227 Vol 0999992 Sh 386219 38.62% LHC 0.2900 0.3100 0.29 b:s 1.14:1
    1228 Vol 0233822 Sh 059184 25.31% LHC 0.2800 0.2900 0.29 b:s 1:1.73
    1229 Vol 1278042 Sh 098935 07.74% LHC 0.2500 0.3000 0.27 b:s 1:2.15
    1230 Vol 1220038 Sh 195752 16.04% LHC 0.2500 0.2800 0.27 b:s 1:1.39

     

    Bill
    11 Jan 2012, 09:24 AM Reply Like
  • battman
    , contributor
    Comments (373) | Send Message
     
    Opened at .475??? I gotta admit, I like it. Waiting for the pullback, but a pullback from .55 or .60 is better than at .44.
    11 Jan 2012, 09:32 AM Reply Like
  • Mathieu Malecot
    , contributor
    Comments (1229) | Send Message
     
    should get a nice pull back today, .42 is my call. looking forward to it, so maybe just wishful thinking.
    11 Jan 2012, 09:40 AM Reply Like
  • f-kru
    , contributor
    Comments (263) | Send Message
     
    Dream on, tragicsclip :-) I'm pretty sure, we'll touch .50 today.
    11 Jan 2012, 09:42 AM Reply Like
  • Mathieu Malecot
    , contributor
    Comments (1229) | Send Message
     
    sure didn't take long to get thru 48 cents. wow.
    11 Jan 2012, 09:50 AM Reply Like
  • LabTech
    , contributor
    Comments (1780) | Send Message
     
    Now that we are in the new year, I'm trying to get more retirement money moved so that I can make another purchase. Would you all mind pulling the stock price back to $0.30 for about 30 minutes so I can make a purchase??? ;-) I'll let you know when.
    11 Jan 2012, 10:01 AM Reply Like
  • mrholty
    , contributor
    Comments (1102) | Send Message
     
    I would second that.

     

    Follow up question. Does anyone know if I can move money out of my 401k at work to my own brokerage accounts. I know that when I leave a company I can transfer it to an IRA without penalty but can I do the same while I am at said company.

     

    You see I am merely overweight Axion instead of being grossly overweight Axion. A quick call to my my HR group confirmed "You cannot spell wHo caRes without HR!"
    11 Jan 2012, 10:18 AM Reply Like
  • f-kru
    , contributor
    Comments (263) | Send Message
     
    I'm out of dry powder until end of February - $.75 might look like a bargain by then.
    11 Jan 2012, 10:27 AM Reply Like
  • jakurtz
    , contributor
    Comments (1888) | Send Message
     
    Some company 401k accounts (ours is through fidelity) have brokerage link accounts associated with them and you can move money into that. However, they limit you to only being able to buy mutual funds but the choices are much greater than your traditional or default choices in your typical 401k company plan. It worked out for me and I changed some funds around last year, but unfortunately you can not buy straight equities with it, (or fortunately because if I could my entire retirement fund would be spelled AXPW.)
    11 Jan 2012, 10:33 AM Reply Like
  • DRich
    , contributor
    Comments (4825) | Send Message
     
    >LabTech & mrholty ... You guys are just plain spoiled.

     

    I would imagine moving money from an IRA to a Cash account is no different than pulling it out altogether. You're going to pay standard income tax and, depending on age, the penalty. Might want to check out moving to a Roth (just can't cash out for the first 3 years) because you can pretty much trade any way you want. Get a professional opinion first.
    11 Jan 2012, 10:43 AM Reply Like
  • D-inv
    , contributor
    Comments (4212) | Send Message
     
    mrh, I'm pretty sure the answer to your question rests on your employer or terms of your employer's 401(k). As I understand U.S. tax code pertaining to retirement savings, as long as you don't "touch the money" and it remains in a "retirement" account it won't be taxed until one turns 70.5 years of age when minimum withdrawal requirements start applying..
    11 Jan 2012, 10:55 AM Reply Like
  • Mr Investor
    , contributor
    Comments (3091) | Send Message
     
    I used to be a Financial Advisor. Plans vary, so ask your plan admin. Sometimes, there are "In-Service Withdrawal" amounts available, for example. Also, tax issues can arise and are often complex, so be careful.

     

    The big picture is, what are you going to do with the $, if it's avail?
    11 Jan 2012, 10:57 AM Reply Like
  • jakurtz
    , contributor
    Comments (1888) | Send Message
     
    Seriously, if I could get cash out of my 401k to put into AXPW that would be extremely frightening. I don't think I am even going to look into it, even if it would make me a millionaire I have to have boundaries.....don't I?
    11 Jan 2012, 11:07 AM Reply Like
  • Tim Enright
    , contributor
    Comments (1356) | Send Message
     
    Also, all the gains in a Roth are Tax FREE. The Roth is the best place for a stock like (AXPW) - IMO...
    11 Jan 2012, 12:36 PM Reply Like
  • LabTech
    , contributor
    Comments (1780) | Send Message
     
    DRich,
    In my case I'm moving money from old IRA's that were set up when I or my wife worked for different companies. After 5 years you are allowed to roll the money into a new IRA without taking a tax hit and then you can roll it into a Roth IRA and purchase individual stocks with it. But you have to go through the process of closing the original account, opening a new IRA, moving it, and then changing it over to a Roth, which all takes time. And of course, then you have to take the hit on your taxes when you set up the Roth.
    As to Mrholty's question, I agree with jakurtz. You can move money in a 401k or a 403b, but you can't purchase individual stocks with it. You are only allowed to purchase other mutual funds or bonds with it, such as are offered by the fund. It's their way of making sure their fund managers get paid and the federal government goes along with it because it "helps stabilize" the stock market, by taking power out of the hands of individuals and putting it the hands of large mutual funds. IMHO.
    11 Jan 2012, 04:05 PM Reply Like
  • mrholty
    , contributor
    Comments (1102) | Send Message
     
    Absolutely not. Actually, the problem that I have is that I have very little investment money outside of my 401k. I have approximately 4-5 stocks that I would buy of which one is a royalty trust and a few others. Prudent risk mgmt would mean that this would not be more than 12% of my investments. Right now it's only 2% and yes I am greedy.
    11 Jan 2012, 05:06 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18427) | Send Message
     
    (AXPW): Took profits on 2x2500 trading blocks @ $0.487. Since $0.48 s/b minor support, I expect to buy back a small bit lower. Time-frame unknown. If I don't buy back, that's OK. Stick to the plan HTL, stick to the plan.

     

    Still have 2x2500 trading blocks in place for a higher sell and two large "undefined" blocks.

     

    Still *very* overweight.

     

    HardToLove
    11 Jan 2012, 09:55 AM Reply Like
  • jakurtz
    , contributor
    Comments (1888) | Send Message
     
    HTL, HTL, HTL I just shake my head but good for you for being disciplined, I hope it works out but you just sold while their is still a straight line going north on the charts...no big deal you have plenty more shares I am sure. :-)

     

    What is nice is this gives Futurist his answer to who is selling. I am sure there are plenty of people in HTL's camp that have taken profits and expect a pullback (I don't expect it but...I won't get into what I expect right now...people might think I am goofy and I wouldn't want that.)
    11 Jan 2012, 10:10 AM Reply Like
  • bangwhiz
    , contributor
    Comments (2250) | Send Message
     
    I bought 5K in 2 2500 share trading blocks at .34 and .37, but I'm waiting for TG's next shoe to hit the floor. I'll trade them in the 60's. Until then they are locked up. I thought we would slow down today. Shows you how little I know.
    11 Jan 2012, 10:17 AM Reply Like
  • H. T. Love
    , contributor
    Comments (18427) | Send Message
     
    It just means I'm 5K less shares near 100K shares than I was.

     

    I feel OK about it.

     

    Besides, it makes my wife happy when I say "I took xxx profit". But when I say our accounts went up xxx she's like "ho-hum".

     

    HardToLove
    11 Jan 2012, 10:44 AM Reply Like
  • jakurtz
    , contributor
    Comments (1888) | Send Message
     
    She better give you some xxx for that :-)

     

    Truthfully, I admire you sticking to your plan. I think that will save you much more often than it will burn you.

     

    Cheers.
    11 Jan 2012, 11:00 AM Reply Like
  • Mr Investor
    , contributor
    Comments (3091) | Send Message
     
    1/4 million shares in the 1st 1/2 hr? Mostly buys? Wow.
    11 Jan 2012, 09:59 AM Reply Like
  • Mr Investor
    , contributor
    Comments (3091) | Send Message
     
    There you have it--a block traded at 50 cents.
    11 Jan 2012, 10:18 AM Reply Like
  • John Petersen
    , contributor
    Comments (30432) | Send Message
     
    Gold star for BW's pick the date goes to FocalPointAnalytics

     

    http://seekingalpha.co...
    11 Jan 2012, 10:25 AM Reply Like
  • Mr Investor
    , contributor
    Comments (3091) | Send Message
     
    Not yet, I suppose, as he was asking for a CLOSE >=50 cents. Today's looking like a strong candidate, though.

     

    Well, 44,500 shares just traded at 51 cents.

     

    So, what's the theory on the strong buying today? Acting as though a big buy order is being executed.
    11 Jan 2012, 10:34 AM Reply Like
  • H. T. Love
    , contributor
    Comments (18427) | Send Message
     
    The buy:sell ratio, based on ADVFN reported trades, at 10:10 was 3.924:1. Very strong buying pressure.

     

    If this turns into a volume "spike", I'll be worried. But if it just starts another build in volume, it's a good sign, IMO.

     

    HardToLove
    11 Jan 2012, 10:48 AM Reply Like
  • jakurtz
    , contributor
    Comments (1888) | Send Message
     
    JP, It is no fair if FPA bought a bunch and helped drive it to the .50.

     

    FPA, come clean, play fair :-)
    11 Jan 2012, 11:03 AM Reply Like
  • bangwhiz
    , contributor
    Comments (2250) | Send Message
     
    Roger the close above .50. However, Futurist is looking brilliant.
    11 Jan 2012, 11:08 AM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (6185) | Send Message
     
    Muhahahaha.... No, but I would like to double down but I am looking for a pull-back. I should have pulled the trigger at .43, .45.
    11 Jan 2012, 11:27 AM Reply Like
  • Futurist
    , contributor
    Comments (2113) | Send Message
     
    Why am I looking brilliant? FPA is the one that picked the right date?
    But my wife isn't complaining now about that last batch I bought at $.31.
    I'm still perplexed by the large amount of shares being offered, even at these prices. So I looked at my history of purchasing Axion stock to see if it would give a hint.
    .
    1/20/09 was my first purchase. Back then you couldn't buy 5000 shares without paying a 10-20 cent MM spread. Had to buy in 2500 share lots. Volume was really that low. Bought continuously from Jan 20, 2009 until 4/8/2009 and built my portfolio. . All purchases were between $.85 and $1 per share.

     

    On April 14,2009 the stock opened at $.90 and closed at $1.65. It hit an intra day high of $2.00. I had effectively doubled my money.

     

    By July 27, 2009 the stock was $1.27. On August 24,2009 I was home sitting in front of my computer watching Axion hit $2.75 during the day. I owned the next Microsoft. I wasn't selling. Even though my weekly charts told me that strong resistance would occur between $2.50 and $2.75. But what did I care. I had a three bagger in 9 months and Axion was ready to start making the PbC.

     

    Since that day I have watched Axion fall all the way to $.25. I have bought at $1.20, $.80, $.70, $.51, and $.31

     

    Now Axion is actually selling the PbC. Manufacturing issues are a thing of the past. They are utilizing the full extent of the traditional lead acid battery plant. Money is actually coming into the operation.

     

    And new shareholders can still buy today at less than $.60.

     

    I hope that most Axionistas understand the extreme value we hold in all of our shares, no matter what the price today. But if anyone believes that the next time it pops up over $1 in a day that it is ever coming back again is just not understanding what they own.
    11 Jan 2012, 09:12 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2435) | Send Message
     
    Hopped strongly back above the Upper Bollinger Band on the 1 Hour Chart.

     

    30 period Williams %R (which Price Headley at BigTrends.com is a big fan of) on the 1 Hr. chart has remained above the top 20% since last Tuesday.

     

    This is textbook so far ... no signs to jump off this rocket ship yet!

     

    In fact if you had bought when it pulled back to the 20% line, you would have done very well for yourself.
    11 Jan 2012, 10:25 AM Reply Like
  • Pztrick44
    , contributor
    Comments (83) | Send Message
     
    $0.535 Hot damn!

     

    Every penny this climbs, the more palatable the impending financing deal becomes. It's a virtuous cycle.
    11 Jan 2012, 10:55 AM Reply Like
  • Mathieu Malecot
    , contributor
    Comments (1229) | Send Message
     
    so i just sold 5000 shares at .555. gotta be different i guess.
    11 Jan 2012, 11:05 AM Reply Like
  • battman
    , contributor
    Comments (373) | Send Message
     
    Is it trading like someone knows something or is everyone finally realizing what we've known all along?
    11 Jan 2012, 11:21 AM Reply Like
  • Mathieu Malecot
    , contributor
    Comments (1229) | Send Message
     
    lets see how the dust settles, day trade might be on and if so the end of the day will get faded. really, it trades like we all are holding onto most of our shares. can you blame us? it moved right past .52 to get to .55, so it might form a support here.
    11 Jan 2012, 11:24 AM Reply Like
  • jakurtz
    , contributor
    Comments (1888) | Send Message
     
    It is trading like there is no more supply and what it could have been bought for "yesterday" is not what it can be bought for "today". Most here bought copious amounts because we believe the value is well north of $1. Many were happy to buy at $1 a year ago, we were ecstatic at .60 and couldn't believe it when we could buy in the .40's and .30's. I don't believe their will be a major change in the stocks trajectory until/if some enormous holder decides to start selling and then it will probably go sideways for a while (that could happen...who knows), but right now the stock is on its way to a fair value and won't really stop until it gets there. IMHO
    11 Jan 2012, 11:33 AM Reply Like
  • Mathieu Malecot
    , contributor
    Comments (1229) | Send Message
     
    pretty much nailed it jakurtz. but these kind of moves should bring in day traders, which should allow for some intra-day buying. my cost basis is below 40 cents and rising, i need those traders to accumulate more but will continue to sell a percentage of my "new" shares as we move up.
    11 Jan 2012, 11:37 AM Reply Like
  • H. T. Love
    , contributor
    Comments (18427) | Send Message
     
    (AXPW): With ~$0.53 being where it settled after the long fall from $1+, we ought to see some good support in that area *if* it does try to move lower.

     

    HardToLove
    11 Jan 2012, 11:41 AM Reply Like
  • Mathieu Malecot
    , contributor
    Comments (1229) | Send Message
     
    lets see if i can buy 10000 AON at 52.5 cents lol
    11 Jan 2012, 11:42 AM Reply Like
  • Mathieu Malecot
    , contributor
    Comments (1229) | Send Message
     
    just got 'em

     

    sell order for 6k 60.5 cents. AON, i want to take a nap.
    11 Jan 2012, 12:18 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10466) | Send Message
     
    Author’s reply » KT: Ahh...screw the hamburger, I have some bubbly in the fridge that's waiting to be consumed later today.

     

    Giddyup!
    11 Jan 2012, 11:22 AM Reply Like
  • H. T. Love
    , contributor
    Comments (18427) | Send Message
     
    At 11:16 (AXPW) buy:sell hit ~4.643:1. Now it weakened - might just be lunch break though so don't read much into it until we see what happens later.

     

    Volume was ~667K. Right now, if we get the normal afternoon volume drop-off, I see this a "build", not a spike.

     

    HrdToLove
    11 Jan 2012, 11:44 AM Reply Like
  • D. McHattie
    , contributor
    Comments (1844) | Send Message
     
    Some more press:

     

    http://bit.ly/x5SRju

     

    D
    11 Jan 2012, 11:53 AM Reply Like
  • John Petersen
    , contributor
    Comments (30432) | Send Message
     
    Very sweet!
    11 Jan 2012, 12:45 PM Reply Like
  • mrholty
    , contributor
    Comments (1102) | Send Message
     
    Im thinking we are going to the share offering soon. Mr Granville and the pr guys are working quite hard as of late. Get the price up and then finalize negotiations.
    11 Jan 2012, 05:12 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3091) | Send Message
     
    So, what's the theory on the strong buying today? Acting as though a big buy order is being executed. (Maya's similar comment about this, and my reply, have evidently been deleted from the board, so I've asked this question again.)

     

    As it seems that Axion is ready for the ball, I hope Allen & Caron really earn their keep--spread the word, find the whales.
    11 Jan 2012, 12:39 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10466) | Send Message
     
    Author’s reply » Mr. Investor: I deleted my comment because I had thought we were seeing institutional buying. Upon checking Level 2, I only saw shares being traded in retail-like blocks. Don't want anyone to think we've landed the institutional whale, yet. Sure does look like one or more retail investors with deep pockets are in acquiring mode today.

     

    Had no idea that if I deleted my comment, yours would get "poofed," too.

     

    Sorry.

     

    11 Jan 2012, 12:44 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3091) | Send Message
     
    Interesting subject (to me, lol!)--given the generally low volumes and $ of such a stock as this, won't a lot of institutional trades get done at likewise small blocks? 10K, 20k, 40k and such, or is it almost always 100k, 200k, etc., at a time? I'm not a trader, but a bunch of small, easier-digestible chunks would still add up. Quickly, too, on a day like today.

     

    In other words, are there some sure-fire 'tells' of institutional trading in micro-caps?
    11 Jan 2012, 01:14 PM Reply Like
  • John Petersen
    , contributor
    Comments (30432) | Send Message
     
    In my experience institutions that invest in nano-cap companies are about as common as unicorns unless they buy in big direct transactions with the issuer. When prices get up into the $2 or $3 range there may be some institutional buying, but most won't touch a stock that isn't listed on a national exchange and trading above a minimum price determined by the fund's board of directors.
    11 Jan 2012, 01:38 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2435) | Send Message
     
    After the Spec Situations deal, should we really be that interested in swimming with sharks anytime soon?

     

    Could you ever imagine a situation we are imploring the board NOT to uplist? :-)

     

    Could not being in any ETFs be a good thing?

     

    Seen too many great companies whipsawed by fast money, and noticed a fair number of private ones not wanting to go public all that fast.

     

    Is it even conceivable that we could ramp at just the right rate to build production facilities "just in time" or with partial prudent bank financing?

     

    Is it conceivable that we could form a Joint-Partnership with someone private like East Penn?
    11 Jan 2012, 02:13 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3091) | Send Message
     
    No problemo. Thanks for the blog--keep up the good work!
    11 Jan 2012, 01:05 PM Reply Like
  • John Petersen
    , contributor
    Comments (30432) | Send Message
     
    MOVING AVERAGES While we haven't paid a lot of attention to these things for a long time, my 200-day volume weighted moving average is $0.617.

     

    My 50-day volume weighted moving average price is $0.353, about a penny up from the all-time low of 0.345 on January 4th.

     

    Prices that penetrate up through the 200 and have an upturn on the 50 may well draw the attention of traders who don't know Axion exists.
    11 Jan 2012, 01:10 PM Reply Like
  • anthlj
    , contributor
    Comments (228) | Send Message
     
    John,
    Do you define what we are riding here as all part of your reversion to more a benign supply:demand paradigm, or do you begin to suspect that there is more going on?
    Holding tight
    Thanks much
    11 Jan 2012, 01:20 PM Reply Like
  • John Petersen
    , contributor
    Comments (30432) | Send Message
     
    I think we're seeing the beginning of a return to fair value after the mother of all supply and demand imbalances. I'm working on some thoughts that I hope to share in the next day or two.
    11 Jan 2012, 01:39 PM Reply Like
  • JohnM121
    , contributor
    Comments (471) | Send Message
     
    This is capitulation buying. I've been trying to buy some more for a week, but the price keeps going up. Today I gave in and got some more while the gettings good.

     

    On an earlier subject, there is no need to do a reverse split or move to a different exchange Now. There apparently are plenty of buyers. Is a different exchange needed to for the next funding round? They have done it before. Sure, there are limitations in buying from certain types of accounts, but that's the way it was when the price was $1.80.

     

    Making change to the stock costs management attention and money. Both are better used to grow the business.
    11 Jan 2012, 01:19 PM Reply Like
  • bazooooka
    , contributor
    Comments (3430) | Send Message
     
    I remember last year at this time when it was in the high .50s and it still ran to 1.20 in two months. There's surely enough SA lurkers here who will want to get in before the next spike. I think your seat on the train isn't too bad at all. If we can get through the resistance of those who wanted a quick double then $1+ seems like it might occur before Easter.
    11 Jan 2012, 03:18 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10466) | Send Message
     
    Author’s reply » Moving average? My iPhone calculator's moving average is at an all time high, today.

     

    This column is printing money faster than the EU.
    11 Jan 2012, 01:20 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18427) | Send Message
     
    (XPW): Just saw what I *think* is a "cross trade" go off at $0.50, 10K, at 13:15:44. Can't confirm until 13:30 (15-min delay) and see what the bids were.

     

    Before was $0.55 and after $0.555, so I suspect bid/ask was in those areas and the 18K bid at $0.53 by BNCH that has been there all morning is still there - so I'm pretty sure it was a cross trade.

     

    That leads me to ask what large holder is behind that? Yes, the block was not large, but who else does cross trades? Brokers would, I guess. Market-makers. Others?

     

    HardToLove
    11 Jan 2012, 01:25 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10466) | Send Message
     
    Author’s reply » I see that, too, HTL. But my QuoteMedia screen shows they were both 10,000 block sells (both were "red" transactions).

     

    Maybe one was coincidently a "market sell?"
    11 Jan 2012, 01:33 PM Reply Like
  • CoryM
    , contributor
    Comments (80) | Send Message
     
    Would a market maker take out a stop loss? Maybe someone put one in and it was quickly executed.

     

    I am enjoying this "let it ride". Just don't see how I could sell any and expect a lower entry point at these prices.
    11 Jan 2012, 01:39 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18427) | Send Message
     
    Confirmed: bid/ask was $0.555/$0.5769 when the $0.50 was made. ADVFN classifies it a sell although since it was not at the bid or ask "unknown" seems more rational.

     

    A market sell should have gone at $0.555, not $0.50.

     

    The trade before: 10K $0.55, a "sell" and the trade after 2K $0.555 also a sell. These two hit the bid.

     

    That $0.50 trade is a sign of something. Maybe not significant or maybe it is. When these parties negotiate behind the scenes, no telling who's involved or why.

     

    That also means we can't really guess what might follow.

     

    HardToLove

     

    P.S. Big day - already 200 hundred trades, a large number even for recent volume. So lot's of retail investors entering? Or is it a large investor being "dribbled" into the market? Could be buying *or* selling.
    11 Jan 2012, 01:41 PM Reply Like
  • John Petersen
    , contributor
    Comments (30432) | Send Message
     
    My bet is one of the market makers got himself over-extended and went back to his seller complaining "we gotta fix this problem."
    11 Jan 2012, 01:44 PM Reply Like
  • DRich
    , contributor
    Comments (4825) | Send Message
     
    >CoryM ... The simple and straight forward answer to that is ... YES. I've had it happen to me and is the danger of hard stops.
    11 Jan 2012, 01:46 PM Reply Like
  • jakurtz
    , contributor
    Comments (1888) | Send Message
     
    I kind of think it could still be possible it is institutionals buying but finding they have to buy in in drops because they are finding if they wait for sellers to accumulate other retail buyers elbow there way in. It is what has been happening for the past 10 months...just in reverse.
    11 Jan 2012, 01:51 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18427) | Send Message
     
    JP & Maya: Add this into the mix: 270.991K at 13:29:09 and 13:46:22 at $0.55 each.

     

    Details in about 10 minutes.

     

    That knocks the crap out of my 900K volume estimate. We already hit it.

     

    HOLD ON! Anyone else see this? ADVFN is not showing the 13:29 one and ETRade had an announcement yesterday about some problem with trading. Can anyone confirm?

     

    Time & sales doesn't show it - just Level 2. Power ETrade Pro.
    HardToLove
    11 Jan 2012, 01:52 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10466) | Send Message
     
    Author’s reply » That has happened before, John. Once, my broker's assistant accidently sold too much of my niece's JCI. He had to do some monkeying to get her mistake-sold shares back at the sold price, when the real price was higher.
    11 Jan 2012, 01:54 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18427) | Send Message
     
    Called ETrade, they checked the tape. No such trades.

     

    So it's either a data feed of software problem.

     

    So what else is wrong on my platform today?!

     

    HardToLove
    11 Jan 2012, 02:07 PM Reply Like
  • John Petersen
    , contributor
    Comments (30432) | Send Message
     
    Institutional investors in nano-caps are like unicorns, fun to talk about but rarely seen. Think retail investors - probably a healthy number of lurkers.
    11 Jan 2012, 02:11 PM Reply Like
  • John Petersen
    , contributor
    Comments (30432) | Send Message
     
    Neither big block shows up on OTCBB.com, but volume is well over 900K anyway.
    11 Jan 2012, 02:13 PM Reply Like
  • jakurtz
    , contributor
    Comments (1888) | Send Message
     
    Despite JP's heroic effort to show everyone what was about to happen by buying the Boots and Coots chart for $120, and preaching supply/demand inflection forever, I still see people questioning what is going on. Please take a look here, he posted it over the weekend...

     

    http://seekingalpha.co...
    11 Jan 2012, 01:42 PM Reply Like
  • sonrisa777
    , contributor
    Comments (122) | Send Message
     
    I'd have a question for you guys. I know a stock is worth what someone is ready to pay for it but... does a stock like Axion have an "objective" worth? In other words, if it were at "true value" what would it be priced at?
    11 Jan 2012, 01:46 PM Reply Like
  • jakurtz
    , contributor
    Comments (1888) | Send Message
     
    Sonrisa,

     

    LT had a pretty good comment in concentrator 43 on AXPW's worth today. about half way down if this link does not take you straight there.

     

    http://seekingalpha.co...
    11 Jan 2012, 01:57 PM Reply Like
  • Mr Investor
    , contributor
    Comments (3091) | Send Message
     
    2nd Q: Depends on the definitions of the terms, and to the opinion within those terms, since we're dealing with a LOT of uncertainty. "True value" to a value investor is usually different than to a growth one, for example.

     

    And "True Value" to a handyman means a place to buy a hammer.

     

    Anyway, the short answer to your 1st Q is 'no', unfortunately perhaps. No easy answers. Hence the opportunity, IMHO.
    11 Jan 2012, 02:02 PM Reply Like
  • Pztrick44
    , contributor
    Comments (83) | Send Message
     
    sonrisa777,
    This is historically an R&D company, so valuations are difficult.

     

    Axion is an R&D company transitioning to a sales company over the next 1-5 years, but until we know what the revenues and margins will be, we don't have the relevant fundamental details to do a conventional valuation. It's all speculation, and some of us dream big (to the tune of a billion-dollar market cap someday!).

     

    One way to approach the stock is to look at how much we have invested in R&D and assume that another company in the vehicle hybridization space would be willing to pay this much for our research to date and patent/IP position... I like this approach, myself, but don't know how truly relevant it is as I'm not schooled in Finance.

     

    In an earlier post (http://seekingalpha.co...), LT suggests that we have expensed $125 million in "cold hard cash" to develop the PbC technology to where it is today... Presumably, that would be the ground floor valuation if Johnson Controls (JCI) or another start-stop player wanted to buy our technology. Of course, it's not like JCI could spend the same amount of person-hours and $$ to develop PbC because we've now got a patent on it, so they would have to pay a premium to that mentioned $125 million. LT suggests $300 million - his opinion.

     

    Nevertheless, if it cost $125 million to develop PbC and the related industrial engineering processes to date, and we now have a legal protection (patent) for 10 years or whatever, $300 million seems reasonable.

     

    $125 million / 85 million shares = $1.47 pps
    $300 million / 85 million shares = $3.53 pps

     

    It's really the only approach that makes sense to me. Any conjecture about future sales is just that - conjecture. I guess the above would be more of a liquidation model valuation, rather than a conventional PE-multipler or DCF model based on income. We can't do the latter yet because we haven't matured to a sales company.
    11 Jan 2012, 02:05 PM Reply Like
  • sonrisa777
    , contributor
    Comments (122) | Send Message
     
    Thank you! I know the value will always come down to what someone is ready to pay for it but... it helps to have some sort of "markers" :o)
    11 Jan 2012, 02:10 PM Reply Like
  • Articula
    , contributor
    Comments (276) | Send Message
     
    With this rise in price some of our active Axionistas may have their head above water. I still need a 50% gain, but man it doesn't seem that unreasonable!
    11 Jan 2012, 02:14 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10466) | Send Message
     
    Author’s reply » Anyone heard of TurboStart Batteries?

     

    Check this out!

     

    http://bit.ly/pCOlD3

     

    Look at what plant is pictured at the bottom of the linked page!
    11 Jan 2012, 02:16 PM Reply Like
  • tripleblack
    , contributor
    Comments (13586) | Send Message
     
    I am going to post a link to this concentrator and that site on my Mustang site, Maya. Loads of serious racers and car collectors there...

     

    http://bit.ly/w2SACc
    11 Jan 2012, 02:19 PM Reply Like
  • jakurtz
    , contributor
    Comments (1888) | Send Message
     
    Maya, Isn't that their toll battery and racing battery division. It is part of their small specialty battery business they have been doing for several years I believe.
    11 Jan 2012, 02:26 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18427) | Send Message
     
    Maya: Aren't those the 16 volt racing batteries that Axion has been producing along with the ones for classic cars (12 volt).?

     

    HardToLove
    11 Jan 2012, 02:28 PM Reply Like
  • John Petersen
    , contributor
    Comments (30432) | Send Message
     
    TurboStart is the brand name for the specialty lead-acid batteries Axion started producing when it bought the New Castle plant. It includes a fairly broad line of replica batteries for vintage car enthusiasts and a 16-volt series for racing and audiophiles. That's why it was so easy for Axion to make 16-V PbC – they already had the casings for the racing battery.
    11 Jan 2012, 02:29 PM Reply Like
  • Articula
    , contributor
    Comments (276) | Send Message
     
    How the hell do you find this stuff? :)
    11 Jan 2012, 02:30 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10466) | Send Message
     
    Author’s reply » I knew about Axion selling the 16 volt batteries to race car drivers and classics. But, I never before have seen this website.
    11 Jan 2012, 03:15 PM Reply Like
  • John Petersen
    , contributor
    Comments (30432) | Send Message
     
    It was never a big enough revenue generator to talk about - a bit like the SureStart battery specs you can download from the technology - UPS page.
    11 Jan 2012, 03:45 PM Reply Like
  • pascquale
    , contributor
    Comments (125) | Send Message
     
    The company name is on the top right too, Maya.
    11 Jan 2012, 03:47 PM Reply Like
  • jpau
    , contributor
    Comments (836) | Send Message
     
    Is Axion's patent protection secured through 2020-2021? Is there any means of extending, or is that it?
    11 Jan 2012, 02:17 PM Reply Like
  • John Petersen
    , contributor
    Comments (30432) | Send Message
     
    The eight issued patents expire sequentially between May 2021 and March 2027. The early patents cover core technology issues like combining a lead positive electrode with a carbon negative electrode. The later patents cover core manufacturing issues like how do you make an electrode assembly and how do you make an assembly that can be integrated into an existing AGM factory. There are apparently several additional patents pending.

     

    Patent protection typically starts with a core and gradually builds a fortress around the core. Even after the core expires, the fortress technologies endure unless somebody comes up with a completely different way to make a lead carbon device that doesn't use existing manufacturing methods and facilities.
    11 Jan 2012, 02:37 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2435) | Send Message
     
    Consider this: what if a few of those Rosewater Oil Rig customer contacts or their "friends" decided to buy the stock before they signed the contract?

     

    What if just 1 or 2 or them already did in late December and are busy bragging to their friends about what they've made in the last day or two?

     

    I can dream, right? I'm picturing the "social" equivalent of one of those lithium fires ... hot hot hot :-)
    11 Jan 2012, 02:42 PM Reply Like
  • bangwhiz
    , contributor
    Comments (2250) | Send Message
     
    The Axion Concentrator Stock Technical Analysis Award goes to John Petersen. I believe he said something along the lines of traditional technical analysis will not reveal supply demand imbalances, that only appears in your rear view mirror, not in your windshield.

     

    Everyone in this Concentrator knew we had pulled a ton of the float off the market. Just how big an impact we had, along with other people who stuck to their guns who have never heard of us, just could not be completely foreseen. Congrats John. You've got the title and there are no contenders.

     

    Put this in your thought stream. TG said he was looking for a valuation of around $75M for the next capital raise. That would be .87 cents per share. As Maya said after the Annual meeting, that provides a number for trading purposes. Pick your own timing - between now, later, or after. I think another ace drops on the table between now and the financing. Just don't know exactly what or when.
    11 Jan 2012, 02:49 PM Reply Like
  • John Petersen
    , contributor
    Comments (30432) | Send Message
     
    Thanks BW, we're off to a good start. The $64,000 question is where does it end and that's a question where I'll be learning along with everybody else. For a while, anyway, we'll be exploring the unknown together.
    11 Jan 2012, 02:55 PM Reply Like
  • bangwhiz
    , contributor
    Comments (2250) | Send Message
     
    I only have to make one decision - sell before the capital raise, or hold and buy more after the fallback after the raise. This is a 2015 stock when it comes to the big payoff. Now comes the hard part - making the right decisions for the next 3 years. Emotionally, I want to put the screws to the non-believers and evil doers. Financially I want to make good decisions. Such is the ying and yang of life.
    11 Jan 2012, 03:00 PM Reply Like
  • bazooooka
    , contributor
    Comments (3430) | Send Message
     
    Bang I don't think we"ll see more then a 10-20% pps discount in the raise. In my opinion it'd be darn risky to try to get in and out for that kind of tight range. I'd think you'd have more luck selling today near .60 and buying back in around .50 if you like gambling. Both ideas seem crazy but more nimble traders than myself have made a living this way.

     

    If you really believe that the float is locked down and that news will keep coming, I see above .87 as a given. I'm just not 100% certain that big sellers are gone but I'm getting there.
    11 Jan 2012, 03:31 PM Reply Like
  • jakurtz
    , contributor
    Comments (1888) | Send Message
     
    Big sellers like SS have to be gone at least as far as desperation goes and selling pressure. There are a lot of people sitting near a double right now, and still there is negligent selling. A million shares today is nothing considering the 18months we have traded in this range off and on. Even at a 25% pop today often times the price stood there for 15 minutes at a time with no one willing to sell, that is huge.
    11 Jan 2012, 04:01 PM Reply Like
  • bangwhiz
    , contributor
    Comments (2250) | Send Message
     
    "If you really believe that the float is locked down and that news will keep coming, I see above .87 as a given." I can't imagine it isn't locked down and getting tighter everyday. No one who bought in the .53-.58 range today is going to flip their stock anytime soon unless there is a rush to the exits on the first significant reversal. Spooky words, going to wash my mouth out. I had an ex who would be saying "you take that back!!"
    11 Jan 2012, 04:01 PM Reply Like
  • D. McHattie
    , contributor
    Comments (1844) | Send Message
     
    I guess we won't really know until it occurs but I could see the price rising significantly based upon the capital raise.

     

    A capital raise resolves the only potential near-term issue that Axion has. So why would the stock fall?

     

    We already know that those 45M have been shelf registered. They exist already.

     

    When they are exchanged for capital I'm assuming there will be a restriction against selling them for a year or 2.

     

    In a year we'll surely have good business with NS, some oil rigs and Powercubes. Within 2 years we'll have a non-test volume sale to a major automaker.

     

    I see the capital raise as a positive and this may well be a case where the market appreciates it as such.

     

    D
    11 Jan 2012, 04:44 PM Reply Like
  • LT
    , contributor
    Comments (5486) | Send Message
     
    I made a one liner post stating the same thing. There have been stocks that rallied when financing was secured, removing a significant barrier to operations. You guys sell all you want... I am all in and the "game is on" !
    11 Jan 2012, 05:50 PM Reply Like
  • D. McHattie
    , contributor
    Comments (1844) | Send Message
     
    I can imagine there being a significant number of buyers waiting for just such an event.

     

    Those expecting a dip may be disappointed.

     

    If they are objective and humble, as I expect many Axion fans are, they will buy anyway.

     

    Pure conjecture on my part but I'm excited to see the outcome.

     

    D
    11 Jan 2012, 06:18 PM Reply Like
  • D-inv
    , contributor
    Comments (4212) | Send Message
     
    Thanks for the reminder, BW.

     

    Decision time indeed. I don't think we can automatically assume the share price will fall on announcement of a new public offering though. The shelf registration has been public knowledge for quite some time now and its disclosure prompted a downward move at the time. Announcement of a capital raise (follow through on the shelf reg.) floowing "another ace" or two could, depending on the "aces", juice the share price a bit IMO.
    11 Jan 2012, 06:21 PM Reply Like
  • D-inv
    , contributor
    Comments (4212) | Send Message
     
    :-) D.Mc, just made a very similar comment. Though, I would not look for any shares offered pursuant to the shelf registration to have restrictions. They would be registered securities.
    11 Jan 2012, 06:24 PM Reply Like
  • bangwhiz
    , contributor
    Comments (2250) | Send Message
     
    Bazooooka, I frankly don't care if they are big or little sellers. As soon as they sell they disappear off the radar. The shares become somebody else's property and that somebody bought in anticipation of a gain, not a loss. Big gains don't come overnight except with Axion stock this year.
    11 Jan 2012, 06:49 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18427) | Send Message
     
    (AXPW): "Strange days have found us".

     

    http://bit.ly/zh5GFC

     

    ADVFN showed buy, sell, unknown of 649,018, 257,793 and 3,000 at 13:46:26 (sound familiar? That time was the second large trade that didn't show anywhere but on my level 2).

     

    The next time stamp, 13:52:09, on a trade of 1K at $0.57, the numbers changed to 1K, 0 and 899,811 for buy, sell and unknown.

     

    I wonder if we'll see an AH "form t" today?

     

    Sort of ruins my attempts to glean any intelligence from b:s ratio.

     

    I've got snapshots.

     

    On top of that, SA spell check flags errors, but when I click on the word, no offers of correct spelling are made.

     

    But at today's price, it's all good by me! :-))

     

    HardToLove
    11 Jan 2012, 03:37 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2435) | Send Message
     
    HT ... I generally try to avoid BS, but I make an exception in your case ...
    11 Jan 2012, 03:44 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18427) | Send Message
     
    LoL! I noted that right after I posted. Thought of a witty self-denigrating comment but decided to leave the fun to y'all.

     

    NEXT! Come on! I don't have all day! :-))

     

    HardToLove
    11 Jan 2012, 04:11 PM Reply Like
  • Renzo
    , contributor
    Comments (353) | Send Message
     
    Just wait until Axion starts making the newsletter teasers or, dare I hope...a mention on Mad Money?? (I know the market cap is way too low for airtime on CNBC primetime right now, but a kid can dream.) What follows is more idle (pun intended) speculation from a man trying to be a Visionary like the EVangelists want.

     

    The biggest ramp will begin when journalists and auto bloggers start talking more about start/stop and the literati realize the term has nothing to do with dating etiquette. One of the first things people will come across when they Google "start-stop battery" will be Axion. Today it's in the top 20 because of the recent Torque News story. It won't take much main steam interest to boost the stock substantially.

     

    That's the point where I'll start to sell a little on the news--where Axion get's multiple hits in the top ten on Google--or a mention on the front page of the New York Times. ; )
    11 Jan 2012, 03:38 PM Reply Like
  • DRich
    , contributor
    Comments (4825) | Send Message
     
    >Renzo... A mention by Cramer during the "Lighting Round" would send me to my keyboard to sell at least half my position. I know I could buy it back in under a week for less than the close. That won't happen until $4.00, probably $5.00 and a change in market sentiment toward Alternative Energy.
    11 Jan 2012, 03:43 PM Reply Like
  • siliconhillbilly
    , contributor
    Comments (2355) | Send Message
     
    DRich: About that market sentiment; there are multiple "alternate energy" stocks that have been climbing more than average the last week or two. I see it as the BigBoys buying in order to push up a thoroughly beaten down sector, especially the Solar PV companies. In fact, that increased interest could be a factor in AXPW's rapid rise recently.
    Of course they hope for momentum to build (attract unwary buyers, that is) so they can sell at a profit without driving the stocks down too far. AXPW might be getting "sucked along" in the draft, so to speak. Both UP now and DOWN later.

     

    Just a thought.
    11 Jan 2012, 06:52 PM Reply Like
  • DRich
    , contributor
    Comments (4825) | Send Message
     
    >SHB ... It hasn't escaped my attention that price movement in various AltEn stocks is acting strangely. My take on it is that this is just shorts started last year, like FSLR, calling it a day. Best I can tell there is no reason (catalyst) to push with.

     

    I have noticed that there is a lot of activity buying into a setup for QE3 (a fools errand but good short term trade) and the associated stocks that worked last go round. I'm convinced that QE will arrive but I'm also sure it will not be the blatant money push through the primary dealers. This next go will be to the benefit of the EU & multinational banks (for the sovereigns). This clientele is scared to death of inflation so I don't see it being of great benefit to the market, broadly. Might even be allowed to be mildly deflationary, even as the monetary numbers will be staggering and look like debt (with accompanying noise by the know-nothing class). I haven't figured out what form it will take yet or how it plays to my benefit.
    11 Jan 2012, 07:17 PM Reply Like
  • jakurtz
    , contributor
    Comments (1888) | Send Message
     
    Let us know when you do figure it out, because I have been wondering the same thing along the same lines.
    11 Jan 2012, 07:59 PM Reply Like
  • KentG
    , contributor
    Comments (368) | Send Message
     
    Just now when I look at Goggle news lead-acid news section 3 of the top 4 are Axion articles.
    11 Jan 2012, 03:58 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18427) | Send Message
     
    (AXPW): Another unusual item (though we did see it recently) once: AH trades.

     

    The bad is that they show in the $0.519 (2) and $0.561.

     

    But I'll be waiting to see what the ADVFN trade shows very late. On another stock, some around-midnight trades at $0.0001, as "form t" trades, often show up.

     

    I assume they are bookkeeping entries of some kind.

     

    If the "positioning" by the market-makers are indicated by bid/ask, we're OK. Right now $0.56/$0.58.

     

    HardToLove
    11 Jan 2012, 04:16 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10466) | Send Message
     
    Author’s reply » Extended trading took us down under my break even. How do I put that champagne cork back in the bottle?
    11 Jan 2012, 04:31 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18427) | Send Message
     
    Maya: First drain the bottle, by any reasonable means (preferably one that leaves a warm glow in your being afterwards).

     

    Second, place the bottle in a shallow pot of water on the stove and set the burner/element to medium. Bring the water to a boil for a minute or two.

     

    Last, using an oven mitt, remove the bottle from the pot, push the cork firmly into the opening (doesn't have to be far) and walk away after turning off the stove.

     

    Come back in 10 minutes or so, and the cork will be in the bottle - probably literally!

     

    If it just reseals and stays in the neck, you can later regale visitors about how you drained that bottle without ever opening it! :-))

     

    HardToLove
    11 Jan 2012, 05:50 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10466) | Send Message
     
    Author’s reply » Talk about oven optimization!

     

    Nah, you know me better. It's open, and it will be consumed.
    11 Jan 2012, 06:26 PM Reply Like
  • Articula
    , contributor
    Comments (276) | Send Message
     
    Maya - where is the dislike button for that comment?
    11 Jan 2012, 04:32 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10466) | Send Message
     
    Author’s reply » Articula: I'm not worried. Extended trading of skyrocketing stocks rarely apply to what's going to happen the next day.

     

    Quercus was doing their usual stuff.

     

    Another gulp of the bubbly!
    11 Jan 2012, 05:16 PM Reply Like
  • bangwhiz
    , contributor
    Comments (2250) | Send Message
     
    30K at a giveaway price doesn't mean beans after hours given we had over a million (or half million) much higher with a close at .5799. Quercus does some strange things like the 122,000 at .18 and change around Dec 30th that I never saw as a low for the stock on the tape, or the stock history..

     

    Get another bottle Mayascribe. Keep it cold until we hit a close at .60 or above. Brief highs don't count and I'm not selling anything anyway. I'm 2 cents from my average on my major account. The other small account is still in traction at a buck average, a lingering gift from taking that account all-in for the DOE bid.
    11 Jan 2012, 06:34 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18427) | Send Message
     
    BW: We never saw that price because it likely made it's way to the market via a broker that paid that price and sold to us at >= $0.25.

     

    A nice gain for them for a zero-day hold, eh?

     

    HardToLove
    11 Jan 2012, 07:11 PM Reply Like
  • 481086
    , contributor
    Comments (3442) | Send Message
     
    I think Cramer will first talk about JCI and/or XIDE vis-a-vis Stop-Start and AGM... JCI has always been one of his favorites, and when XIDE finally gets on a clean pair of drawers, he will jump on them too. It'll be around 5 bucks prolly, and he'll hit the buy buy buy button calling for a double. The resulting traffic and interest will lead peeps to Axion... if it's over a buck by then, maybe some devious person will call and get through to the lightning round and blab out the Axion-SS-AGM story on air before Cramer gets to shout Noooo! Too speculative! And from there, the tale is written...
    11 Jan 2012, 04:34 PM Reply Like
  • KentG
    , contributor
    Comments (368) | Send Message
     
    My buddy (Victor, who is all in on Axion like me) called the Mad Money phone number today and gave one of the producers (Kate) the Axion sales pitch. He is quite a talker and he said he told her all the stuff I spoon feed him daily (NS, BMW, GM, JPM) and he said she was quite amused and sounded interested in Axion's story. Maybe she will mention it to Cramer, who knows. 8-))

     

    Kent
    11 Jan 2012, 06:19 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2435) | Send Message
     
    There's no way Cramer will mention AXPW (or put a call on it on the air) given its market cap (CNBC has rules) plus it being OTC-BB.

     

    As D-Rich says, the future day he does mention it is the sign that sometime the next day you should sell a good part of your trading position.
    11 Jan 2012, 06:37 PM Reply Like
  • 481086
    , contributor
    Comments (3442) | Send Message
     
    Neat. ;) Though I bet amusement is all they're going to manifest while the price is still in pennies and the stock is still on the bulletin board. But maybe, just maybe, this gets it on their radar. And when the SS/AGM story starts bubbling up for real... or the railroad story...and eventually one of them will... little bells will start ringing... And at that point, if we're big enough that he can mention us on air--I say he will.
    11 Jan 2012, 06:41 PM Reply Like
  • magounsq
    , contributor
    Comments (990) | Send Message
     
    Tried several times with Cramer and Glenn Williams ...TSC...to no avail.
    11 Jan 2012, 10:53 PM Reply Like
  • KentG
    , contributor
    Comments (368) | Send Message
     
    481086: I figured at least he planted an Axion seed in their minds.
    15 Jan 2012, 03:26 PM Reply Like
  • LT
    , contributor
    Comments (5486) | Send Message
     
    I have been away from home with my mother all week helping her recover after surgery,,
    You guys have done a fantastic job with the stock price! Maybe I should leave every week!

     

    I just want to thank all of you for your posts, it kept me sane while away from a real computer to see all the trades, find articles, etc.
    11 Jan 2012, 05:55 PM Reply Like
  • KentG
    , contributor
    Comments (368) | Send Message
     
    Welcome back, I'll try to keep the stock moving up for you. 8-))
    11 Jan 2012, 06:20 PM Reply Like
  • H. T. Love
    , contributor
    Comments (18427) | Send Message
     
    LT: Best wishes for a fast and thorough recovery for your mom!

     

    As to staying away, if you're gone too long you might wake and discover you're rich! Got to be sure and be mentally prepped for that eventuality so it doesn't knock you over, causing injury.

     

    Then your mom would have to nurse you! :-))

     

    HrdToLove
    11 Jan 2012, 07:16 PM Reply Like
  • LT
    , contributor
    Comments (5486) | Send Message
     
    re: the odd trades that show up....IMO is Quercus supplying the MM with the shares needed to conduct business and provide a smooth orderly flow of stock.

     

    That is all that I can think of that would be trades crossing outside the market on a regular basis. You generally have to be a big fund or guy to do business that way. So I doubt it is any of us small guys.
    11 Jan 2012, 05:58 PM Reply Like
  • mrholty
    , contributor
    Comments (1102) | Send Message
     
    There may be one postor on here who could move the stock like that and he speaks French on a daily basis. I doubt its him but you never know.
    11 Jan 2012, 06:24 PM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (6185) | Send Message
     
    Jsss… I work for a few hours and come back and find 66 new comments in the concentrator and AXPW closed at 58! http://tinyurl.com/3ps...
    11 Jan 2012, 06:25 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10466) | Send Message
     
    Author’s reply » Note from the APC deskclerk: Trying to get another Concentrator up and running, but for some reason it will not load. Hopefully, sometime soon, or later tonight, I can get a new one running.
    11 Jan 2012, 06:33 PM Reply Like
  • Mayascribe
    , contributor
    Comments (10466) | Send Message
     
    Author’s reply » Okay. We're good to go. This way to the next Concentrator:

     

    http://seekingalpha.co...
    11 Jan 2012, 06:41 PM Reply Like
  • LT
    , contributor
    Comments (5486) | Send Message
     
    Too funny....After hours quotes

     

    PINK bid .561/5000 shr, ask .5799 / 9600 shr

     

    HDSN bid .51/2500 shr ask 51.00/200 shr.

     

    these are not misquotes either! Tells me someone noticed it going up and is not offering hardly any at any price.
    11 Jan 2012, 06:48 PM Reply Like
  • bangwhiz
    , contributor
    Comments (2250) | Send Message
     
    Did anyone catch the biggest block today.? The after hours selling sure smells like Quercus. You got to be really desperate for cash to take the kind of bath they've been taking. Yet, no Form 4 visible yet, so who knows? Nobody ever said the stock market was rational.
    11 Jan 2012, 07:01 PM Reply Like
  • Snowboard 2k01
    , contributor
    Comments (124) | Send Message
     
    I believe Axion will be above $1 next week and that Quercus will start exercising their warrants thus bolstering Axion's working capital. I've seen too many Cluster Fked stock run this time of year to believe so. Axion with little debt, and potential phenomenal future revenues from licensing the PCB technology, is a too compelling a story not attract mo mention players. I for see a couple million share issued above $5 in March to supplement the options and warrants exercised, and sales revenues from PcB and regular battery products. CHU may cough up some dough too.

     

    Quite possibly Five Years from now, there will be 100 Million Batteries a year, being produced with Axion Power'.s proprietary Carbon negative electrodes.
    11 Jan 2012, 10:14 PM Reply Like
  • John Petersen
    , contributor
    Comments (30432) | Send Message
     
    I don't expect to see any exercise of the Quercus warrants for a while. Exercising them when the stock is $1 nets Quercus a lousy $0.25 while exercising them at $3 would net Quercus $2.25. A smart investor sits on warrants for as long as possible because there's no cost in waiting. That's just the way the world works.
    12 Jan 2012, 12:34 AM Reply Like
  • 481086
    , contributor
    Comments (3442) | Send Message
     
    John, I totally recognise your point, and would suppose in all normal circumstances it would hold, but just to clarify my understanding, if for some reason Quercus got into a cash crunch, or thought that the price at some high level was only temporary and wouldn't hold, would it not make sense for them to exercise then? In other words, due to their own circumstances, or predictions of price, that they may indeed decide that for them, there is in fact a "cost in waiting"? Apologise if this is too obvious a question, but I'm still trying to get my head around all this warrant stuff...
    12 Jan 2012, 01:00 AM Reply Like
  • John Petersen
    , contributor
    Comments (30432) | Send Message
     
    They might decide to sell the warrants, but it's highly unlikely that they'd exercise the warrants before the 11th hour on the day before expiration.
    12 Jan 2012, 03:29 AM Reply Like
  • Frrat
    , contributor
    Comments (77) | Send Message
     
    Today is a great day for me. Not only because my account finally turn green, but also because I get my account back. I told my wife "thank you for not letting me average down, so now I have the cash to average up" ... Can't feel better.
    Congrats to all who have chances to average down and hold their shares tight. Don't let the present small hill make you feel exhausted. We have Everest to climb...
    11 Jan 2012, 08:42 PM Reply Like
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