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bazooooka

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  • Naspers: A Super Way To Play Facebook, Tencent [View article]
    Ice,

    I hope you got some. I'm thinking of trimming now after the Alibaba IPO. Best to take some profits while a sector is hot. imho
    Sep 18 07:02 PM | Likes Like |Link to Comment
  • QuickChat #273, August 15 2014 [View instapost]
    I would have gone for the flip. I might need to call your broker some time. =)
    Sep 18 06:57 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 365 Sep. 15 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    jpau,

    WOW. That is the opposite of the reports I heard. :(

    I'd thought everyone came away in 2012 very happy, at least briefly. I kind of wish I had gone but I like would have been wearing rose goggles too. Anyhow, I did give a ton of credence to the well-intentioned reports from those who went.

    Fwiw, Maya's old take is here:

    http://seekingalpha.co...
    Sep 18 06:51 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 366 Sep. 18 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    John,

    A couple of questions/themes:

    1) Can you speak more about the "road show". Who is Axion presenting to and where do these things take place? Are they at a micro-cap conferences (like Rodman and Renshaw do) or is this more Maxim calling upon their doctors and dentist clientele?

    Who is the natural audience for this presentation by DDG and will we see his PowerPoint? Can we dare hope its small cap funds and hedgies or do you think there will be vultures and high-net worth speculators that will gulp up this placement with the warrant enticements?

    2) And how badly did the July PIPE warrants conversion hurt Axion's road show? I'd think the demand/supply inflection got ruined by these?

    Won't these be a concern to the new investors who are hearing the Axion/Maxim story? I'd suspect they won't like that there is 600,000 shares (29M pre-split) of overhang out there. That seems like a huge amount of supply. Why would we expect the PIPErs to hold these green bananas? Shouldn't we expect the opposite; hopefully others can chime in on this as well as I'd like to be wrong on this.

    >>
    >>
    ""Rugged> I spoke with Maxim today and they told me the road show kick-off with DDG and crew was yesterday morning while TG was with me in Novi.

    Bazoooka> In July Axion exchanged 29 million old shares for the outstanding senior warrants held by the PIPErs. For accounting purposes those warrants gave rise to a "derivative liability" that was carried on the balance sheet. When the exchange happened, the derivative liability was converted to equity.

    While the shares issued to the PIPErs will create a minor supply imbalance, the selling restrictions will make the imbalance manageable and the 600,000 shares remaining in the PIPErs hands shouldn't give rise to any problems. The big difference between yesterday and today is that yesterday the PIPErs had make whole rights and today they don't. If they push the price down they'll simply be harming their own investment value.""
    Sep 18 06:38 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 366 Sep. 18 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    Also there is the whole Li-ion debate and the idea that the Giga-factory in Nevada will eventually make these more price competitive than anyone previously thought. And we all know they have a huge marketing edge. Could the oems be sitting on the agm technology until Li-ion becomes cheaper? However, I'd think there are supply constraints with this approach if StartStop does capture the predicted 50% market share by early next decade.

    >>

    ""But the biggest challenge to widespread adoption could come from Li-ion batteries.

    Power density is one factor. UCs come up short compared with Li-ion, and big development gains will be needed if they are to replace batteries altogether in broader applications, Ford’s Miller says.""

    “A minimum 50% increase in energy (is needed) – and really, doubling the energy is a more realistic start to say this becomes viable,” he says. “And again, that’s still trivial compared to what Li-ion brings to the party. Li-ion battery power capability is improving at a little bit quicker rate than we’ve been able to improve energy content in ultracapacitors.

    “Until we get there, it’s just so far off with competing with Li-ion technology that it’s not going to get anyone’s attention.”

    "Familiarity is an even bigger obstacle. As automakers look to step up the performance of stop/start systems, they may be far more comfortable patching in more-robust Li-ion batteries than UCs.

    A case in point is Ford and partner Samsung Research’s work on next-gen ultra-lightweight Li-ion technology, paired with a conventional lead-acid battery and stop/start system in the automaker’s Lightweight Concept Car shown earlier this year. Ford says the battery is up to 40%, or 12 lbs. (5.4 kg), lighter.

    “Because we’ve really made the investment in Li-ion technology across our whole electrification portfolio, it certainly has a foothold here,” Miller notes. “We understand the technology (and) we’ve got strong suppliers working with us, so I think we’re always going to compare the technologies."
    Sep 18 05:33 PM | 7 Likes Like |Link to Comment
  • Axion Power Concentrator 365 Sep. 15 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    ngs,

    Too early to harp on DDG. Let's give him a year and see how Axion and its share price perform. I don't care where he lives as long as he can get eyeballs on Axion's product.

    He is not the CTO. He should actually be are numero uno salesman. I hope he has little time inside New Castle. I'd love to hear he is constantly courting oems.
    Sep 18 05:24 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 366 Sep. 18 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    Great article. Axion sure does have the right rodent trap. But do we have the Team to get anyone to notice? That's been the $1 dollar (now below a dime) questions for 3+ years.
    Sep 18 05:18 PM | 8 Likes Like |Link to Comment
  • QuickChat #273, August 15 2014 [View instapost]
    Maya,

    The odds would favor a pop to be sure. But the real question is how happy would your broker be if you were to sell out quickly, pop or no pop? If the situation mandates that you "should" hold those shares for awhile then that changes the risk/reward completely. But as I see it, best and likely case you get pop >15% and worst case it opens flats. Not much to lose - except most brokers will suggest "no flipping".
    Sep 18 03:12 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 366 Sep. 18 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    VW,

    Thank you for sharing your story. I'm glad it had a happy ending. Much wisdom in your post.
    Sep 18 03:06 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 335: May 19 '14: Q1 '1 CC Transcript & MP3 Available; Q1 '14 Filing Released;Axion Receives 4 Powercubes Order; Reverse Split Consent Solicitation Filed [View instapost]
    The only net effect they can have is by pushing the price down since they surely haven't bought any stock in the open market. And why would they? Heck, even though they were made whole with the floorless convertible they also walked away with millions in equity with has a cost basis of zero. Also this may explain why ZRPSID was never reached. It is doubtful they are sitting on and holding these shares.

    ""If they push the price down they'll simply be harming their own investment value.""
    Sep 18 03:00 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 366 Sep. 18 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    That's the jist of it. Basically, if you want more stock and the potentially "free" warrants you should attempt to get into the placement.
    However small accounts will have trouble. And yes if the time window proves to be too tight then you can buy stock and warrants later.

    However it is likely the warrants will be valued above 25% of the stock price so .86 seems unlikely unless pps drifts further. Finally if you want your money to go directly to Axion then the placement is the only way to have that intangible satisfaction.
    Sep 18 02:37 AM | 8 Likes Like |Link to Comment
  • Axion Power Concentrator 366 Sep. 18 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    Wayne I do not believe you will be obligated until terms (or a range like in IPOs) are known and you agree.
    Sep 18 02:29 AM | 9 Likes Like |Link to Comment
  • Axion Power Concentrator 366 Sep. 18 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    RA, you can fund they account and hold off on final commitment until terms are known. Same goes for IPOs. Also, the chances of a 50% premium are beyond remote. Actually there likely will be a discount from all I've gathered. Effectively you're getting free near the money warrants - that's the teaser.
    Sep 18 02:26 AM | 9 Likes Like |Link to Comment
  • A Deeper Dive Into My FINRA Short Report Analysis [View instapost]
    John any recent insights from the FINRA data? Do you have a theory why the stock went down another 40% since the June/July highs; was it because we never got to ZRPSID?
    Sep 18 01:48 AM | Likes Like |Link to Comment
  • Axion Power Concentrator 365 Sep. 15 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    JP,

    Your comments make sense to me if we were talking about a traditional IPO but Axion has been public for years.

    Are you anticipating a magnitude spike in Axion trading volume post offering? Is this because you believe offering demand will outstrip supply (hopefully you're not implying the new owners will unload and just keep their warrants)?

    Maybe you suspect that offering participants can bring new eyeballs to Axion? How would that work? I thought that it was doubtful that Maxim (and others) would promote Axion to their clientele?

    Also, to your below point, why would Axion have millions in dollar denominated volume in under a week/month when that normally takes a year?

    ""In many cases, total volume in the first couple days after an underwritten deal is over 100% of the total number of shares sold.""
    Sep 17 11:46 PM | 5 Likes Like |Link to Comment
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