battman

Another Reality Check for Energy Storage Investors

With government spending out of control and the continual deterioration of the American worker and the middle class, how much subsidies do you think we can afford in the next ten plus years? The government can write the checks today to help this fledgling lithium industry, but I can't see that going on for ever.
Cheap will beat cool because at one point, it will be all we can afford.

Why I'm Thrilled by Axion Power's Financing Transaction

John, I'm not sure I understand the outrage. As someone whose only interest is to make money, it's really quite simple. Own a lot of nothing, or a little of something. All that matters is the stock price moves up. We're going to have to wait for news about sales to OEM's like we always had to. This financing allows that to happen.

China Ritar Power: So Depressed It Makes Me Cry

With the price drop, what would you do now? What's the buy in point?

Battery Investing for Beginners, Part 3

Since we are talking about investing and not about technical jargon.

Nice to see A123 up the last four days even though the DOW and Nasdaq were down the last four days. Nice to see Axion trade strong (for Axion anyways) with another 10,000 shares changing hands after the close, plus it ended the week with 2 up days. Exide down three of the last four days. HEV down slightly for the week but closed up today. Volumes on all the stocks were close to typical, so I think it's a safe guess to say I don't think the frenzy has started yet.

But I will end off with saying it's nice to see A123 up, that bodes well for everyone. Maya, I think you would have lost the $ 17.00 by the end of October bet. I hope you will anyways. If A123 falls, that will hurt everyone. I don't think anyone has a better superficial feel good story than A123. After all, if Zenn Motor can have a market cap of $ 150,000,000 based on a roll of scotch tape, 3 thumb tacks and a photocopier, it's not hard to justify A123 at $ 20.00 plus.

A123 Increases IPO Price Range

To hear Cramer tell it, it really is quite a compelling story for someone who doesn't really follow it everyday. Big time partners, big time government support. I think the stock will do well. For me though, I will wait patiently in my little dingy, with my Axion shares. Waiting for the tide to come in.


On Sep 23 01:13 AM John Petersen wrote:

> Mayascribe, I just watched Cramer and as usual he was fascinating.
> He clearly thinks the IPO will go at way above the $10 to $11 range.
> The $13, $15 and $19 recommendations were based on the IPO price.
> He was pretty adamant about not bidding the price up in the aftermarket.
> An archive is here.
>
> www.cnbc.com/id/329692...?

A123 Increases IPO Price Range

The one difference is A123 is getting a $ 250 million check from the government. I'm not surporting lithium, but just not throwing the baby out with the bath water. Not yet.


On Sep 22 02:49 PM Advill wrote:

> 110% agree, I do not see any radical concept in A123 products from
> others with similar products and that companies has not been able
> to solve the equation of cost/performance/durab...
>
> Valence and other has been in the market with batteries 98% like
> the A123 ones, and are not selling, and has been in the market more
> than a decade.
>
> Unless a radical technical breakthrough is in the lab, in my opinion
> there will be no lithium cars in the market soon, the decisions for
> models to be produce from 2010 to 2015 has been already taken and
> are not around lithium or lead batts, changing a model and introducing
> a new concept is a 8 to 12 years affair in most car builders and
> presentation of the first e-cars in Frankfurt this week focused everything
> around NiMH.
>
> Regards.

A123 Increases IPO Price Range

It all depends how you look at A123. Is it a short term trade or a long term hold. For a short term trade it will probably be profitable, for a long term hold, who knows.
I am very happy to see the price move up as that bodes well for the other players when the bargain hunters come in looking for the steals.
To be honest, I hope it opens over $ 15.00 and stays up over $ 20.00 for a while. I will most likely not own any of it, but I sure hope to benefit from it through my other holdings. Rising tides folks, rising tides.

How PHEVs and EVs Will Sabotage America's Drive for Energy Independence

No sarcasm intended. My only comment is if we want to really make a difference, a FOR REAL honest to goodness difference, we would be driving diesel with start stop technology. This way, we could still drive our sports cars, our luxury sedans, our (smaller) SUV's, our mini vans, etc. Every vehicle would be fuel efficient by 30% - 40% (and sometimes higher). This would have the biggest impact.
I don't think 90% reductions is realistic. Doesn't mean we don't strive for it, but it's just not realistic. Part of solving the problem is dealing with it in a practical manner and being honest with ourselves.

On Aug 27 09:51 AM Mule123 wrote:

> battman
>
> I'm not certain, but do I detect sarcasim in your comment battman.
> The purpose of my first post was to show that John's sums are misleading.
> If you use the value of higher 'gallons per kWk' as a measure of
> what the future of car design should be then my figures show that
> normal cars with a normal car battery but with better mpg give the
> highest value (13952 compared to the hybrids 5568).
>
> But this will only give a 50% reduction in fuel consumption (using
> the 55mpg example). That is not enough! The aim should be to reduce
> oil consumption by 80-90% by 2050. Cars with Improved fuel economy
> or (the current) hybrids do not achieve this. PHEV and EV will.
>

How PHEVs and EVs Will Sabotage America's Drive for Energy Independence

I assume the TDCi stands for turbo diesel. The best solution for gas savings is diesel with start stop technology. Best bang for the buck and would be the quickest mass production roll out. And if it were to utilize the lead carbon battery of someone like, oh I don't know, say Axion, this would have the added benefit of keeping/creating a lot of the jobs in the U.S to make the batteries.


On Aug 27 09:05 AM Mule123 wrote:

> Battman,
>
> I used 55mpg as it made the sums easy (twice the 27.5mpg quoted in
> the article). To give you an example, the New Fiesta ECOnetic 1.6TDCi
> 3/5 door, has a combined mpg of 76.3mpg, www.ford.co.uk/Cars/Ne...
> so it is entirely possible.
>
> I was making the same comparison to give gallons saving per kWh.
> Let me know John if I made a mistake. It should be noted that the
> battery I am referring to does not the wheels like a hybrid, it is
> just a standard car battery for the lights and radio etc.

How PHEVs and EVs Will Sabotage America's Drive for Energy Independence

First off you can't make up a fuel efficient mileage and then use that to make up a gas savings number. Which non hybrid car will get you 55 mpg? Secondly, I think his comparison was with lithium ion and how it's better to save by spreading across the board than in just one car.
Having said that, if you had a fuel efficient car than used a lead acid battery that got those numbers, then you're right, we're all better off with lead acid.



On Aug 27 04:36 AM Mule123 wrote:

> You have forgotten one example. A fuel efficient car that can achieve
> say 55mpg. These cars costs less than a Prius and only have a 0.75
> kWh lead acid battery. If you do the same sums as above you get 'Gas
> Savings' of 13952 gallons. Using your own argument we should all
> be investing in greater fuel economy without hybrid or EV technology.
> But I think your logic is flawed. The aim is to significantly reduce
> the reliance on oil. That is only achieved with the PHEV and EV technology.

8 Energy Storage Stocks that Can Expect Explosive Growth

Apple phones exploding?

www.reuters.com/articl...

Now what in the phone could be behind that? Hmmmmm.

8 Energy Storage Stocks that Can Expect Explosive Growth

Sorry John, I know about the 34 million, but I figured since Albert was making stuff up, so should I.


On Aug 18 08:47 AM John Petersen wrote:

> Battman, the $34 million in government money was earmarked for "Exide
> with Axion" and it all has to be used building manufacturing facilities.
> In other words, it won't make a difference in terms of day-to-day
> operating liquidity. I also think it's too early to predict how much
> Federal money will end up on which company's balance sheet. There's
> no question that Axion will need to raise more money, but small companies
> are like small children in third world countries: they die of dysentery
> far more frequently than starvation. After six lean years where the
> money was always there when needed, I have no big concerns over Axion's
> ability to attract adequate capital at this point in its development.

8 Energy Storage Stocks that Can Expect Explosive Growth

And besides, you're clearly blind to the pros. First off, 34 million from the government goes a long way to keeping them from going broke. With their current burn rate, they have a good 10 years plus before they go broke in your world. Secondly your other assumption is they go private screwing the shareholders, that to me would mean they actually have a viable technology worth taking private. So what is it, do they go broke or change the world? Pick a side sir, we're at war!


On Aug 17 05:27 PM Albert DeKoven wrote:

> John is blind to the cons His judgement is clouded by the millions
> of shares he owns and he has positioned himself to make millions
> more if enough people believe the technology will evolve exactly
> the way he assumes it will. This is certainly not an ojective article
> weighing the risks of this type of investing. I think there is a
> better chance of AXPW going bankrupt or going private screwing the
> shareholders.

8 Energy Storage Stocks that Can Expect Explosive Growth

Not objective?? It just sounds like he's summarizing a third party report. How is that not objective? And if the company went private, wouldn't John get screwed as well?


On Aug 17 05:27 PM Albert DeKoven wrote:

> John is blind to the cons His judgement is clouded by the millions
> of shares he owns and he has positioned himself to make millions
> more if enough people believe the technology will evolve exactly
> the way he assumes it will. This is certainly not an ojective article
> weighing the risks of this type of investing. I think there is a
> better chance of AXPW going bankrupt or going private screwing the
> shareholders.

Obama Announces List of Grant Recipients, Recognizing Significance of Hybrid Markets

John, your thoughts. Over the months I've heard a few people comment about how mysterious Axion is with both results and status of product. Does this grant speak well of Axions technology or simply the clout of Exide? If the lithium supporters think that the lithium companies selected are the bees knees, then wouldn't the same apply to Axion? Okay the second question was rhetorical.