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bazooooka

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  • Axion Power Concentrator 358 August 14 '14: S-1 For $15MM Share Issuance; Changed Loan, IP-Secured MDA; David DiGiacinto Appointed Chairman And CEO [View instapost]
    JP,

    I'm not sure I "blame" anyone but myself when it comes to my portfolio. And I'm sure most here feel the same. Nevertheless, I don't agree with you that its all been some terrible confluence/coincidence of rare events that has made this a penny stock. Axion has done some good things but missed timetables and other negative events have surely hurt the pps, its not just "bizarre" bad luck although that played a part as well.
    Aug 16 07:54 PM | 11 Likes Like |Link to Comment
  • Axion Power Concentrator 358 August 14 '14: S-1 For $15MM Share Issuance; Changed Loan, IP-Secured MDA; David DiGiacinto Appointed Chairman And CEO [View instapost]
    JP, how do you conclude Axionistas were part of the problem? I thought you always stated that they are/were a small part of the total volume. It seems like the weak hands have always been more institutional than retail. Even now we have bottom fishers still buying but few admit to selling.

    ""Through mid-2012 all the predatory behavior was on the Axionista side of the table. Our friends knew the big uglies were out there and they undercut the bid at every opportunity because they knew the sellers were between a rock and a hard place. Nobody felt abused until the PIPErs showed their colors, and that was when the serious complaining started.""
    Aug 16 06:27 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 358 August 14 '14: S-1 For $15MM Share Issuance; Changed Loan, IP-Secured MDA; David DiGiacinto Appointed Chairman And CEO [View instapost]
    JP,

    The previous 2 placements sure seem like a management faux paux, especially the old theory how TG likely had something lined up but then had to go with a PIPEing.

    And pps going from 30 cents to 10 cents while share count exploded seems to related to the PbC sales that were expected in 2013 and 2014.

    I don't remember seeing a roadmap that mentioned sales being a 2015+ event and TG sure as heck telegraphed things differently if that really was the internal plan.

    Also it likely can be argued that those who sold (of the 9 you mention) had their reasons and maybe some of those had to do with their perception of TG and Axion.
    Aug 16 04:54 AM | 12 Likes Like |Link to Comment
  • Axion Power Concentrator 358 August 14 '14: S-1 For $15MM Share Issuance; Changed Loan, IP-Secured MDA; David DiGiacinto Appointed Chairman And CEO [View instapost]
    JP,

    Thats great the big boys showed interest 5 years back. I'm sure they said "stick to what you're doing kid" and you have a shot. Heck, colleges sometimes have junior high kids on their radar and pro clubs know about most HS stars early on as well. Nevertheless, a smart prospect keeps up the good work and keeps all options open and doesn't rely on handshakes promises of scholarships and contracts. It seems from afar that Axion devoted everything to BMW and NS courtship and here we all are years later looking at a reverse split to mop up the hundreds of millions of shares and the penny stock prices as a result. Unfortunately this one doesn't seem to have a happy ending unless Axion ends up being the mid 20s age prospect that somehow still makes it to the League many years later than everyone expected. Likely Axion should have pivoted toward a different revenue model sooner. It sure doesn't seem like a reasonable business plan to go year after year without significant PbC sales and I suspect even you didn't think revenues streams would still be out of reach as 2015 nears. If the PbC mousetrap is solid than sales and marketing likely weren't. Hopefully those elephants Axion courted don't end up trampling everyone.
    Aug 15 09:05 PM | 8 Likes Like |Link to Comment
  • Axion Power Concentrator 358 August 14 '14: S-1 For $15MM Share Issuance; Changed Loan, IP-Secured MDA; David DiGiacinto Appointed Chairman And CEO [View instapost]
    Mr. Averill,

    Do you think Axion should have moved toward different leadership a few year(s) earlier? It seems that many think TG was good at bringing a product to market but not at selling it.

    Is it fair to say that significant time and money were wasted on elephant hunting instead of going for the lower hanging (and ripe) fruit?
    Aug 15 03:19 PM | 4 Likes Like |Link to Comment
  • Market Valuation, Inflation And Treasury Yields: Clues From The Past [View article]
    Awareness is half the battle in capital preservation. DS doesn't need to provide actionable advice. Those who follow their portfolios closely will know how to hedge or take chips of the table if the rumbling get louder. A quake might be years out but its good to know where one stands relative to history and in the current cycle.
    Aug 15 12:56 AM | Likes Like |Link to Comment
  • ChipMOS: Undervalued By At Least 40% Relative To Industry Peers [View article]
    This one will keep finding safe harbor money as long as it is at a single digit multiple. Not too many good places to redeploy gains - but this is one place where I'll park my old winning tickets.
    Aug 14 10:09 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 358 August 14 '14: S-1 For $15MM Share Issuance; Changed Loan, IP-Secured MDA; David DiGiacinto Appointed Chairman And CEO [View instapost]
    RK,

    I'd think "sweet spot" isn't good legalese and they chose more formal language, yet with either wording there may be minimal interest in the 1.25 MW. No way for us to really know though.
    Aug 14 08:36 PM | 9 Likes Like |Link to Comment
  • Noble Roman's New Initiatives Could Be Baking Up Some Profits [View article]
    Whopper nice write-up. I too have been watching this one but I'm not so sure the downside is minimal. The MicroCap club players have been in this one for years and many will take profits quickly if things sour. It was an easy double from $1 to $2 but I expect the next double rest with the franchise model but it also could send this one back under a dollar if it fails (circa 2007).
    Aug 14 08:21 PM | Likes Like |Link to Comment
  • Axion Power Concentrator 358 August 14 '14: S-1 For $15MM Share Issuance; Changed Loan, IP-Secured MDA; David DiGiacinto Appointed Chairman And CEO [View instapost]
    Maya, many on this blog have always wanted to be able to average down in placement, maybe this is their chance. Not so sure this is "scary" since I trust an Axionista to hold their shares longer than an unaffiliated vulture investor (i.e. those from the last rounds).
    Aug 14 06:25 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 358 August 14 '14: S-1 For $15MM Share Issuance; Changed Loan, IP-Secured MDA; David DiGiacinto Appointed Chairman And CEO [View instapost]
    42,

    You should call back and find out the minimum investment. Last time I was contacted for one of these - they wanted to make sure I was accredited and have 6 (up to 7) figures to invest. Maybe the standards have been lowered.
    Aug 14 06:23 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 358 August 14 '14: S-1 For $15MM Share Issuance; Changed Loan, IP-Secured MDA; David DiGiacinto Appointed Chairman And CEO [View instapost]
    Sales numbers falling faster than most had predicted. I think those who said losing the generosity of EP will be a non-event may want to relook at things. Staff reductions seem unavoidable if Q3 and Q4 drop toward 1M in revenue. Not good when quarterly revenues are only a small multiple of officer salaries.
    Aug 14 05:36 PM | 10 Likes Like |Link to Comment
  • Stocks To Watch: Iconix Brand Group, Retractable Technologies, Twitter [View article]
    I think those are safe assumptions; my focus is on if a windfall will occur. If one assumes it will, then current pps is very cheap - regardless of tax and litigation fees.
    Aug 14 05:20 PM | Likes Like |Link to Comment
  • HBO, Cheap [View instapost]
    I have acquaintances who get basic Dish packages for around $20/mo and then they add HBO for $10 based on current deals. Often they sell/share their HBO ToGo passwords as well. I assume in the near future HBO will allow an ala carte price for their ToGo service.
    Aug 14 04:51 PM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 358 August 14 '14: S-1 For $15MM Share Issuance; Changed Loan, IP-Secured MDA; David DiGiacinto Appointed Chairman And CEO [View instapost]
    First?
    Aug 14 05:59 AM | 2 Likes Like |Link to Comment
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