bazooooka's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/319702/comments http://seekingalpha.com/instablog/1631091-axion-power-host/1877941-axion-power-concentrator-238-may-21-axion-power-reports-first-quarter-results-for-2013?source=feed#comment-19105251 19105251
You deserve it for sure. You likely will make out very well in your Axion investment, albeit in a roundabout way. I hope EPower grows to become a public enterprise in the next 5 to 10 years.]]> Wed, 22 May 2013 02:05:02 -0400
You deserve it for sure. You likely will make out very well in your Axion investment, albeit in a roundabout way. I hope EPower grows to become a public enterprise in the next 5 to 10 years.]]> http://seekingalpha.com/instablog/1631091-axion-power-host/1877941-axion-power-concentrator-238-may-21-axion-power-reports-first-quarter-results-for-2013?source=feed#comment-19088701 19088701 Tue, 21 May 2013 16:38:40 -0400 http://seekingalpha.com/instablog/1631091-axion-power-host/1877941-axion-power-concentrator-238-may-21-axion-power-reports-first-quarter-results-for-2013?source=feed#comment-19088551 19088551
Why would Axion ship AGM batteries to BMW/Germany when they can get those from anyone? What are we missing "between the lines"?]]> Tue, 21 May 2013 16:36:14 -0400
Why would Axion ship AGM batteries to BMW/Germany when they can get those from anyone? What are we missing "between the lines"?]]> http://seekingalpha.com/instablog/1631091-axion-power-host/1877941-axion-power-concentrator-238-may-21-axion-power-reports-first-quarter-results-for-2013?source=feed#comment-19088271 19088271
That is funny. I feel like for most investors, the standard BMW and NS golden carrot argument is trotted out anytime the realization of miniscule sales and missed projections come up. Sobering to hear an insider admit that not a ton has changed in past 3 years, except for the stock price.]]> Tue, 21 May 2013 16:28:56 -0400
That is funny. I feel like for most investors, the standard BMW and NS golden carrot argument is trotted out anytime the realization of miniscule sales and missed projections come up. Sobering to hear an insider admit that not a ton has changed in past 3 years, except for the stock price.]]> http://seekingalpha.com/article/1446331/comments?source=feed#comment-19018801 19018801
So you think the stock is a good buy here? I'd be interested in how the market digests recent events. 7M shares traded is huge.

Wait in see or lock in some profits may be prudent. Twas a good run it had.]]> Mon, 20 May 2013 05:30:19 -0400
So you think the stock is a good buy here? I'd be interested in how the market digests recent events. 7M shares traded is huge.

Wait in see or lock in some profits may be prudent. Twas a good run it had.]]> http://seekingalpha.com/instablog/1631091-axion-power-host/1866181-axion-power-concentrator-237-may-16-axion-power-reports-first-quarter-results-for-2013?source=feed#comment-19018561 19018561
Market is nearly as frothy now as it was then. Hard to think that somehow venture funds don't like the smell of PbC as much when we are on the cusp of commercial adoption (or are we).]]> Mon, 20 May 2013 04:42:33 -0400
Market is nearly as frothy now as it was then. Hard to think that somehow venture funds don't like the smell of PbC as much when we are on the cusp of commercial adoption (or are we).]]> http://seekingalpha.com/instablog/1631091-axion-power-host/1866181-axion-power-concentrator-237-may-16-axion-power-reports-first-quarter-results-for-2013?source=feed#comment-19017071 19017071 Mon, 20 May 2013 01:28:09 -0400 http://seekingalpha.com/instablog/1631091-axion-power-host/1866181-axion-power-concentrator-237-may-16-axion-power-reports-first-quarter-results-for-2013?source=feed#comment-18959731 18959731
I hope we do have more legit problems of PbC moving from WIP to finished as that would mean sales are starting to percolate.]]> Fri, 17 May 2013 16:02:02 -0400
I hope we do have more legit problems of PbC moving from WIP to finished as that would mean sales are starting to percolate.]]> http://seekingalpha.com/instablog/1631091-axion-power-host/1862641-axion-power-concentrator-236-may-15-axion-power-releases-quarterly-report-for-the-first-quarter-2013?source=feed#comment-18921911 18921911 Thu, 16 May 2013 19:11:30 -0400 http://seekingalpha.com/instablog/1631091-axion-power-host/1862641-axion-power-concentrator-236-may-15-axion-power-releases-quarterly-report-for-the-first-quarter-2013?source=feed#comment-18921441 18921441
It would indeed be nice to see Blackstone come in again and help put a floor in the price. I agree that Berkowitz's presence on the call at least can be seen as kicking the tires.

Also on another note, our new I-Bank "Maxim" just updated their stock coverage page. Alas, no mention of Axion yet.

Although they do provide coverage for many of their other clients so maybe Axion will get picked up down the road.

http://bit.ly/YZHdYg]]> Thu, 16 May 2013 18:51:39 -0400
It would indeed be nice to see Blackstone come in again and help put a floor in the price. I agree that Berkowitz's presence on the call at least can be seen as kicking the tires.

Also on another note, our new I-Bank "Maxim" just updated their stock coverage page. Alas, no mention of Axion yet.

Although they do provide coverage for many of their other clients so maybe Axion will get picked up down the road.

http://bit.ly/YZHdYg]]> http://seekingalpha.com/instablog/1631091-axion-power-host/1848151-axion-power-concentrator-235-may-12-axion-power-completes-private-placement-for-9-million-and-1-million?source=feed#comment-18916811 18916811
Did the CC provide in more clarity on what happened with the inventory status change (even indirectly)? Or did you hear anything through other channels? I listened to some of the CC but don't think this issue came up.]]> Thu, 16 May 2013 16:51:33 -0400
Did the CC provide in more clarity on what happened with the inventory status change (even indirectly)? Or did you hear anything through other channels? I listened to some of the CC but don't think this issue came up.]]> http://seekingalpha.com/instablog/1631091-axion-power-host/1862641-axion-power-concentrator-236-may-15-axion-power-releases-quarterly-report-for-the-first-quarter-2013?source=feed#comment-18916601 18916601

"The NS project is going very slowly, so a reorder is are quite aways down the road. I sense the OTR locomotive is on hold until the yardslug program is proven.

The vagueness of the BMW timeline implied to me insignificant 2013 sales."]]> Thu, 16 May 2013 16:46:05 -0400

"The NS project is going very slowly, so a reorder is are quite aways down the road. I sense the OTR locomotive is on hold until the yardslug program is proven.

The vagueness of the BMW timeline implied to me insignificant 2013 sales."]]> http://seekingalpha.com/instablog/1631091-axion-power-host/1862641-axion-power-concentrator-236-may-15-axion-power-releases-quarterly-report-for-the-first-quarter-2013?source=feed#comment-18916221 18916221 Thu, 16 May 2013 16:38:41 -0400 http://seekingalpha.com/instablog/1631091-axion-power-host/1862641-axion-power-concentrator-236-may-15-axion-power-releases-quarterly-report-for-the-first-quarter-2013?source=feed#comment-18911101 18911101 Thu, 16 May 2013 15:07:15 -0400 http://seekingalpha.com/instablog/1631091-axion-power-host/1862641-axion-power-concentrator-236-may-15-axion-power-releases-quarterly-report-for-the-first-quarter-2013?source=feed#comment-18910391 18910391 Thu, 16 May 2013 14:56:40 -0400 http://seekingalpha.com/instablog/1631091-axion-power-host/1862641-axion-power-concentrator-236-may-15-axion-power-releases-quarterly-report-for-the-first-quarter-2013?source=feed#comment-18884661 18884661
Takes guts to sell right before the CC. Then again I have known a few who don't want to know anything at all about fundamentals. They only trust charts, volume, and the price. They tell me all the information can be synthesized into those things thus the details are exogenous.]]> Thu, 16 May 2013 02:18:03 -0400
Takes guts to sell right before the CC. Then again I have known a few who don't want to know anything at all about fundamentals. They only trust charts, volume, and the price. They tell me all the information can be synthesized into those things thus the details are exogenous.]]> http://seekingalpha.com/instablog/1631091-axion-power-host/1862641-axion-power-concentrator-236-may-15-axion-power-releases-quarterly-report-for-the-first-quarter-2013?source=feed#comment-18884601 18884601 Thu, 16 May 2013 02:12:04 -0400 http://seekingalpha.com/instablog/1631091-axion-power-host/1862641-axion-power-concentrator-236-may-15-axion-power-releases-quarterly-report-for-the-first-quarter-2013?source=feed#comment-18884541 18884541
$1+ will not come any time soon with the share count soaring. Without averaging down it will be tough for anyone to be popping the champagne corks in the next year or two. Then again I'm sure there will be some lucky Axionista who just know discovers the stock and gets in on the ground floor only after having watched his index fund double the past few years. =)]]> Thu, 16 May 2013 02:07:44 -0400
$1+ will not come any time soon with the share count soaring. Without averaging down it will be tough for anyone to be popping the champagne corks in the next year or two. Then again I'm sure there will be some lucky Axionista who just know discovers the stock and gets in on the ground floor only after having watched his index fund double the past few years. =)]]> http://seekingalpha.com/instablog/1631091-axion-power-host/1862641-axion-power-concentrator-236-may-15-axion-power-releases-quarterly-report-for-the-first-quarter-2013?source=feed#comment-18884461 18884461 Thu, 16 May 2013 01:59:10 -0400 http://seekingalpha.com/instablog/1631091-axion-power-host/1862641-axion-power-concentrator-236-may-15-axion-power-releases-quarterly-report-for-the-first-quarter-2013?source=feed#comment-18884391 18884391
The financing terms to me speak louder than these other conjectures. We know that the new investors gave axion a "full physical". Thus their desire to roll out out the cash dispersal in stages and the other toxic convertible provisions makes me think they weren't too wowed in the short term.]]> Thu, 16 May 2013 01:51:41 -0400
The financing terms to me speak louder than these other conjectures. We know that the new investors gave axion a "full physical". Thus their desire to roll out out the cash dispersal in stages and the other toxic convertible provisions makes me think they weren't too wowed in the short term.]]> http://seekingalpha.com/instablog/1631091-axion-power-host/1848151-axion-power-concentrator-235-may-12-axion-power-completes-private-placement-for-9-million-and-1-million?source=feed#comment-18874831 18874831 Wed, 15 May 2013 19:55:54 -0400 http://seekingalpha.com/instablog/1631091-axion-power-host/1848151-axion-power-concentrator-235-may-12-axion-power-completes-private-placement-for-9-million-and-1-million?source=feed#comment-18874531 18874531 Wed, 15 May 2013 19:46:56 -0400 http://seekingalpha.com/instablog/1631091-axion-power-host/1848151-axion-power-concentrator-235-may-12-axion-power-completes-private-placement-for-9-million-and-1-million?source=feed#comment-18873201 18873201
My concern is less about WIP versus finished (although there is a credibility issue there) but more about when they turn that inventory be a into a sale. Why would Axion tie their capital up for 2 quarters? Maybe this is more normal but I thought the logic was companies this low on cash don't build things on hope -thus there must be a p.o. behind this stockpile.]]> Wed, 15 May 2013 19:07:03 -0400
My concern is less about WIP versus finished (although there is a credibility issue there) but more about when they turn that inventory be a into a sale. Why would Axion tie their capital up for 2 quarters? Maybe this is more normal but I thought the logic was companies this low on cash don't build things on hope -thus there must be a p.o. behind this stockpile.]]> http://seekingalpha.com/instablog/1631091-axion-power-host/1848151-axion-power-concentrator-235-may-12-axion-power-completes-private-placement-for-9-million-and-1-million?source=feed#comment-18871271 18871271
Your postulation in the last few sentences is somewhat troubling but that thought crossed my mind too.

However,could this be a situation where an order was maybe returned for further refinement and that it will end up finished and then delivered in short order?

I'm just looking for a scenario that would explain this in a way that doesn't portend bad things.]]> Wed, 15 May 2013 18:14:26 -0400
Your postulation in the last few sentences is somewhat troubling but that thought crossed my mind too.

However,could this be a situation where an order was maybe returned for further refinement and that it will end up finished and then delivered in short order?

I'm just looking for a scenario that would explain this in a way that doesn't portend bad things.]]> http://seekingalpha.com/instablog/1631091-axion-power-host/1848151-axion-power-concentrator-235-may-12-axion-power-completes-private-placement-for-9-million-and-1-million?source=feed#comment-18870571 18870571
Inventory going largely unchanged from 2,838,791 to 2,753,365 (and most of in in "work in process") suggests that this board's earlier comments that Axion wouldn't just be stockpiling inventory - with cash scarce - may have been too optimistic.

What's your take on the inventory levels? Why would they have a few million tied up for 2 quarters in a row? Seems strange when that money represents nearly as much as we got from the placement dispersal just completed.

Also I'm not sure how things move from "finished" back into WIP unless the items needed unforeseen adjustment to be considered complete/delivered. Maybe the CC will address this things.]]> Wed, 15 May 2013 17:55:19 -0400
Inventory going largely unchanged from 2,838,791 to 2,753,365 (and most of in in "work in process") suggests that this board's earlier comments that Axion wouldn't just be stockpiling inventory - with cash scarce - may have been too optimistic.

What's your take on the inventory levels? Why would they have a few million tied up for 2 quarters in a row? Seems strange when that money represents nearly as much as we got from the placement dispersal just completed.

Also I'm not sure how things move from "finished" back into WIP unless the items needed unforeseen adjustment to be considered complete/delivered. Maybe the CC will address this things.]]> http://seekingalpha.com/instablog/1631091-axion-power-host/1848151-axion-power-concentrator-235-may-12-axion-power-completes-private-placement-for-9-million-and-1-million?source=feed#comment-18823982 18823982
I'm still amazed that Quercus bought in at 2.10 and now we are flirting with 21 cents only 4 years later.

All this and we've been told that progress has gone swimmingly in testing.]]> Tue, 14 May 2013 16:43:49 -0400
I'm still amazed that Quercus bought in at 2.10 and now we are flirting with 21 cents only 4 years later.

All this and we've been told that progress has gone swimmingly in testing.]]> http://seekingalpha.com/instablog/1631091-axion-power-host/1848151-axion-power-concentrator-235-may-12-axion-power-completes-private-placement-for-9-million-and-1-million?source=feed#comment-18785011 18785011
I know of more than a few Axionistas who have already left the building. I wouldn't worry too much about a mass exodus since much of it has happened in silence already. The real worry is can they ever get significant revenues coming in to keep this company afloat and away from vulture financings.

"People who have hung in for months or in many cases years may just give up and sell. I shudder to think of what happens should that be the case."]]> Mon, 13 May 2013 18:02:30 -0400
I know of more than a few Axionistas who have already left the building. I wouldn't worry too much about a mass exodus since much of it has happened in silence already. The real worry is can they ever get significant revenues coming in to keep this company afloat and away from vulture financings.

"People who have hung in for months or in many cases years may just give up and sell. I shudder to think of what happens should that be the case."]]> http://seekingalpha.com/instablog/1631091-axion-power-host/1837161-axion-power-concentrator-234-may-8-axion-power-completes-private-placement-for-9-million-and-1-million?source=feed#comment-18783251 18783251 Mon, 13 May 2013 17:21:45 -0400 http://seekingalpha.com/instablog/1631091-axion-power-host/1827201-axion-power-concentrator-233-may-5-axion-power-on-panel-at-energy-storage-economics-2-0-for-new-york-city-and-beyond?source=feed#comment-18603171 18603171
So far the charts I've pulled aren't pretty but that is likely the result of the selection bias in those companies that need PIPE financing to begin with.]]> Wed, 08 May 2013 20:12:16 -0400
So far the charts I've pulled aren't pretty but that is likely the result of the selection bias in those companies that need PIPE financing to begin with.]]> http://seekingalpha.com/instablog/1631091-axion-power-host/1827201-axion-power-concentrator-233-may-5-axion-power-on-panel-at-energy-storage-economics-2-0-for-new-york-city-and-beyond?source=feed#comment-18602471 18602471
I don't see how we can hover as others have suggested. My read is that we either head well above 31 cents and the toxic provision are moot or we get stuck in quick sand.

I'd love to see a Million shares go off again tomorrow on a 10% pop.]]> Wed, 08 May 2013 19:48:39 -0400
I don't see how we can hover as others have suggested. My read is that we either head well above 31 cents and the toxic provision are moot or we get stuck in quick sand.

I'd love to see a Million shares go off again tomorrow on a 10% pop.]]>