Seeking Alpha

DRich

DRich
Send Message
View as an RSS Feed
View DRich's Comments BY TICKER:
Latest  |  Highest rated
  • Axion Power Concentrator 385: Dec. 29, 2014 [View instapost]
    >JP ... That is as it should be. Still, it doesn't do anything to slake my curiosity about how ePower is doing. I hope to read, someday very soon, that there is a happy contractor running the prototype on a daily basis.

    Best of Luck & Good Fortune ... Happy New Year.
    Jan 3, 2015. 07:09 PM | 13 Likes Like |Link to Comment
  • A speculative play on UQM [View instapost]
    The last day of the year, 2014, and this turns out to be the best performing stock on the day. The 2nd best is a company that builds LNG facilities. Strange day.
    Dec 31, 2014. 03:31 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 385: Dec. 29, 2014 [View instapost]
    >Patrick Young ... Just add it to the list.

    Well,
    HAPPY NEW YEAR!!!!
    Dec 31, 2014. 01:01 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 385: Dec. 29, 2014 [View instapost]
    >Valleywood ... NS999 will be in Roanoke by Spring, if it is not there already.
    Dec 30, 2014. 10:46 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 385: Dec. 29, 2014 [View instapost]
    >Retired Aviator ... If this drop was a S&D problem then it would have taken months ... many months to unwind. Even then, I can't figure any way South of a $60-$65 bbl price. Storage, worldwide, is approaching 90% utilized which, if you believe the talking heads, means that the 1M-2M bbl per day surplus could be stored for at least 6 more likely 12 months ... and then there is the tanker fleet.

    I'm not buying into the arguments. There is a certain amount of truth to each. Supply out of balance, Saudis market share, US shale play crushing, world shale exploration ... I'll even buy a little of that insane argument that the Saudi's are punishing Iran. None of it explains a 40% drop. What does is the end of a FED sponsored QE in the EU & US and the looming specter of rising interest rates and the need to get out in front of this problem or find more free money to keep the party going.
    Dec 29, 2014. 04:30 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 385: Dec. 29, 2014 [View instapost]
    >alsobirdman ... I'm not calling a bottom, per RA. I'm not that smart but I never saw any Demand destruction that could cause such a violent downturn in oil price. It just had to be something else.

    For the better part of a year now I've noticed our friends at JP Morgan, Citi, GS, et al have been backing out of metals & warehousing. It wasn't Supply & Demand that get them into such trading and it wasn't what was getting them out. I really didn't expect such a fast withdraw from energy but here it is and I can't explain it with S&D or any of those silly reasons coming from the TV.

    I believe it will soon be a good time to buy, very selectively, for a 3 to 5 year return. Might even be able to trade oil contracts. My opinion is that we will know when stability is sneaking back by watching the FX pairs. The bottom could last quite a while because price growth will come again when it is safe to acquire debt .... wait, I said that wrong ... I meant, safe to apply leverage for land, drilling, storage and, of course, derivative speculation on said leverage.

    Be mindful of your selective investments Balance Sheet & exposure to the debt markets. I'm interested in the commodity, pipelines, refining, well services & construction. No way am I getting into land, finance & drilling. High quality is getting cheaper.

    Be careful out there. Oil, in particular, & Energy, in general, are not easy investments and even harder trades.
    Dec 29, 2014. 03:38 PM | 8 Likes Like |Link to Comment
  • Axion Power Concentrator 384: Dec. 17, 2014 [View instapost]
    I'm still intrigued by Spin-Dizzy's & Stirling engines.
    Dec 29, 2014. 02:49 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 384: Dec. 17, 2014 [View instapost]
    >iindelco ... There are still engineers out there in the world on the customer side of storage that are more interested in making systems that actually work and are not salesmen or bean-counters. These are the guys that know there is no silver bullet solution. Sadly, most of the time they don't end up in management.
    Dec 29, 2014. 12:58 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 385: Dec. 29, 2014 [View instapost]
    >Stilldazed ... I do but I'm not sure anyone cares. One of the subjects that there has been a little hand-wring over here and across the "Green" economic sector is the price of oil. I've thought the worry to be nearly pure bunk and can't believe the crap that passes for economic/financial analysis. Below is a link to an article that expresses, far better than I could ever do, what I've been thinking for several months.

    http://bit.ly/1BflZUK

    I believe we have been handed a temporary entry point to buy into all things Energy. Might even be able to make back some of the money lost in this bow-wow corporation. The opportunity shouldn't last long.
    Dec 29, 2014. 12:47 PM | 10 Likes Like |Link to Comment
  • Axion Power Concentrator 384: Dec. 17, 2014 [View instapost]
    >JohnM121 ... I don't know if it is positive or not. Overall, I'm glad to see change happening but in the grand scheme of thing I don't see it matters. How does this help sales? Oh, he is an M&A expert so I see it as one step closer to the door.
    Dec 23, 2014. 10:21 AM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 384: Dec. 17, 2014 [View instapost]
    >iindelco ... I believe I've become ever so slightly more cynical ... and I didn't really think that was possible.
    Dec 19, 2014. 03:45 PM | 9 Likes Like |Link to Comment
  • Axion Power Concentrator 384: Dec. 17, 2014 [View instapost]
    >iindelco ... As long as the checks find their recipient & don't bounce, no further contact need be required.
    Dec 19, 2014. 03:08 PM | 8 Likes Like |Link to Comment
  • Axion Power Concentrator 384: Dec. 17, 2014 [View instapost]
    >Rick Krementz ... "And what the h377 is a customer service rep doing ..." Well, someone has to have the talent to make a good cup of coffee, be available to go out for doughnuts & make lunch reservations. Besides, Axion's sales strategy seems to be (has been) to wait for customers to find them, so a customer service rep (i.e. phone receptionist/email responder) might just be considered the front line in sales if not the most important employee (management excepted) in the sales department.
    Dec 19, 2014. 09:14 AM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 384: Dec. 17, 2014 [View instapost]
    >JP ... "... I simply don't see much on the supply side ..." wouldst that become true. It has never worked out to be that way ... but, someday.

    I do think there is a lot of pent up supply that will jump in as soon as the loss becomes tolerable or possibly breakeven is achieved. Axion is due for a shareholder roll-over.
    Dec 18, 2014. 12:29 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 384: Dec. 17, 2014 [View instapost]
    >Ranma ... I like the idea of just getting the next round on-the-shelf and hopefully avoiding the traditional 6 months of hand wringing & moaning. When it is needed, it will happen and be done with it. It will still suck for previous shareholder but by now that shouldn't upset anyone ... except to be so vividly reminded of our past faux pas.
    Dec 18, 2014. 11:50 AM | 4 Likes Like |Link to Comment
COMMENTS STATS
4,727 Comments
1,833 Likes