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Amouna

Amouna
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  • Axion Power Concentrator 401: July 10, 2015 [View instapost]
    Guys,

    I stopped hoping for good things to happen to Axion as it clearly shows it has no compelling story to sell. The company is literally begging for survival money, Quarter in Quarter out, and I don't want any part of it right now.

    The problem is executive management (besides Farley, maybe) are so mediocre that attracting good managers into the cesspool is virtually impossible. Who in his right mind would take the ungrateful task of turning this Titanic around? Best case is already unfolding guys, and it is a Buy Out by the Chinese.

    Enough said!
    Jul 20, 2015. 06:04 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 401: July 10, 2015 [View instapost]
    Sorry to hear about the 6 figure loss Albert!

    It may be very painful to do, but you can cut the ENTIRE position if you are determined to just move on from the Axion story and never look back. Obviously, you might still be harbouring some deep seated hope if you are holding despite this big loss...no?

    I agree with you that JP was to be considered mostly a source. He, just like most of us, ignored the "red flags", apparently blinded by his deep admiration and "friendship" with Mr Granville.

    It hurts even more when you have been misled by your "friends"
    Jul 20, 2015. 07:29 AM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 401: July 10, 2015 [View instapost]
    They are operating according to their own timeline and schedule, and there is no regulatory pressure for them to comply so far. TG completely missed the mark back then by solely "obsessing" over NS and their ilk, when in reality he should have known that the project was a "marathon" and likely to drag on for years at the earliest.
    Jul 15, 2015. 10:43 AM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 401: July 10, 2015 [View instapost]
    Good to see the endorsement so far. What I want though, is more locomotives to be switched to battery-only, so we can rack in orders!

    If we get another 10 locomotives to start with that would be great, but I am not holding my breath for it for anytime soon.
    Jul 15, 2015. 09:50 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 401: July 10, 2015 [View instapost]
    As JP likes to "put it" with his favourite graph about the evolution across the Valley of Death, we seem to have had our "Peak of Inflated Expectations" around 2009/10. It has been downhill since as reality was slowly sinking in.

    It only "us" who didn't get the hint :(
    Jul 15, 2015. 06:44 AM | 8 Likes Like |Link to Comment
  • Axion carries out 1-for-35 reverse split; shares -16.5% [View news story]
    Well it took them a while before the former CEO Granville booted himself out due to ill health, but the damage his tenure had on the company's finances and business is irreversible, barring a miracle.
    Jul 14, 2015. 10:58 AM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 401: July 10, 2015 [View instapost]
    I will be waiting for this dog to go down below 1$ again. There are no strong legs on which this story stands so far...
    Jul 14, 2015. 10:27 AM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 401: July 10, 2015 [View instapost]
    The 1:35 reverse split for AXPW is effective as of today.

    Don't know what we are supposed to make of this "great news", but soon I think we will get back to the pre-RS price.

    Rinse, repeat...
    Jul 14, 2015. 07:44 AM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 401: July 10, 2015 [View instapost]
    EM,

    As Rick said, that "horse is dead now". It will better for your sake and ours (remember, anyone who lost big is deep down angry at himself for having listened to JP and his Axion story) to let that dog rest and move on. The market is a big universe and sooner or later, with DISCIPLINE and SOUND judgment, you will make more money than you lost on Axion!
    Jul 12, 2015. 04:28 PM | 8 Likes Like |Link to Comment
  • Axion Power Concentrator 400: June 22, 2015 [View instapost]
    Anyone willing to buy at these levels is being extremely aggressive. The company's value should be treated as a deep "out of the money" option with a couple of years to expiry. It's current market value is not yet risk-adjusted.
    Jul 7, 2015. 08:00 AM | 2 Likes Like |Link to Comment
  • A Deep Look At Depomed's Billion-Dollar Bet On Nucynta [View article]
    Thanks for the nicely written article!

    What about market opportunities for NUCYNTA in other regions such as EMEA and Asia?
    Jul 6, 2015. 01:23 PM | Likes Like |Link to Comment
  • Axion Power Concentrator 400: June 22, 2015 [View instapost]
    Even with the 1 for 35 reverse split happens, I am pretty sure we will be unlisted from Nasdaq within 6 months time.

    I kinda miss the OTC board to be perfectly honest !
    Jul 6, 2015. 11:20 AM | Likes Like |Link to Comment
  • Axion Power Concentrator 400: June 22, 2015 [View instapost]
    Mean Reversion based on fundamentals is what we are seeing now that a "company-saving" deal has already been baked into the share price.

    What a sad sad show...Shame on the briefcase carriers and their acolytes for leading us down the hell hole :(
    Jul 6, 2015. 09:40 AM | 9 Likes Like |Link to Comment
  • A New Deal For Greece [View article]
    Sure that would be a great path to follow!!!

    One question though: Who's on the hook for all Greek Counterparty Credit Risk sitting on banks' balance sheets in various EU countries?

    NOT ME
    Jul 6, 2015. 04:55 AM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 400: June 22, 2015 [View instapost]
    Rick,

    Nor should they make it their focus! We see clearly by now that their sick attempt at "financial engineering" did not work as expected.

    How about they focus on business and try to get some batteries out the door?

    Also, they would be very wise to start hunting for a permanent CEO. Preferably an ambitious one who is hungry for success.
    Jul 2, 2015. 11:24 AM | 2 Likes Like |Link to Comment
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