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bazooooka

bazooooka
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  • Axion Power Concentrator 328: May 01 '14: Revese Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials [View instapost]
    Did you learn of Axion on your own (via Exide) or did you find the trail though JP's writings?
    May 6, 2014. 12:19 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 329: May 03 '14: Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials [View instapost]
    RA; liquidity issues are a big reason behind placement discounts. The only Axion placement (non-PIPE) that didn't have liquidity issues was the 2012 one. That discount wasn't too bad compared to a weighted trailing average.

    In fact Axion might still be able to get back to that pps level before a placement this Summer even though it will be lugging nearly triple the shares nowadays if we assume another 100M shares to raise 10-20 Million.

    Might I ask why you speak of a 60% discount? Are you thinking another PIPEing bottomless convertible could happen (all accounts are that TG learned his lesson)?

    http://bit.ly/RmZBr3
    May 6, 2014. 12:15 AM | 3 Likes Like |Link to Comment
  • Understanding The Details Of Axion's Reverse Split Proposal [View instapost]
    JP,

    Agreed 100M divided by the split still leaves Axion with limited funds if big things are afoot.

    However, what are your thoughts about limiting the post RS authorized to something like 10M shares after a presumed $4+ pps.

    That would give them 40 million, give or take, in near term expansion funds. Does that not seem reasonable, knowing that they could ask shareholders for more later on?

    Also is it really that technically/legally difficult to do an RS and also change the authorized at the same time?
    May 5, 2014. 09:52 PM | 1 Like Like |Link to Comment
  • Understanding The Details Of Axion's Reverse Split Proposal [View instapost]
    JP,

    I think Axion would do itself a huge favor if they put up some more public info about their reasoning for an RS. TG's letter didn't help (yet yours did)

    Anyhow, fwiw, OCLR went through this back in 2009 recession and the stock went up many multiples after as it worked its way through the process.

    However I should note that OCLR did split its "authorized" also; and yes I'd love it if you (or Axion) could put to bed the controversy over the 'authorized' issue.

    http://bit.ly/1q8Bb4s
    May 5, 2014. 08:48 PM | 2 Likes Like |Link to Comment
  • Axion Power Reverse Split Authorized Share Count [View instapost]
    Frogey,

    I was suggesting leaving up to 10M in post RS 'authorized' shares. Thus assuming a new pps of $4 - I would think giving Axion power to raise 40M (10m x 4) dollars would suffice. If they needed more $ they could ask shareholders.
    May 5, 2014. 08:33 PM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 328: May 01 '14: Revese Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials [View instapost]
    EM,

    "Weak hands", to me, refers to traders and momentum players or those who think Axion will conform to someone else idea of a timetable.

    I'm not happy with Axion but I have no problem if some 'traders' exit stage left and allow others who will hold tightly the chance to buy more at a low pps.

    For anyone that remains in this stock you should want your fellow brethren to be the type that holds long term and with conviction. When a float is truly secured it takes very little to move a lot. That's why people tout institutional ownership as a great thing since many assume those shares will be locked up and not freely traded.

    JP is correct in suggesting that supply and demand imbalances can be quite favorable once the PIPErs are out of supply. I do worry about the demand part but I think the low volume of late does tell us supply is now tight and nobody here is running for the exits (regardless of perceived negativity on this board).
    May 5, 2014. 08:17 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 328: May 01 '14: Revese Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials [View instapost]
    Solar used to be a great investment - storage might rejuvenate it. I remember when Yingli was tripling sales or better between 04-08. Hopefully Axion will ramp like that someday as well. The first 100M in Sales is always the hardest.

    http://on-msn.com/1g3HRHe
    May 5, 2014. 07:40 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 328: May 01 '14: Revese Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials [View instapost]
    Ohh,

    May I ask what made you buy shares in 09 in a micro-cap with little volume?
    May 5, 2014. 07:33 PM | 1 Like Like |Link to Comment
  • TechPrecision: 10 Bagger Or A Bust? [View instapost]
    Mark, respectfully can you show me where you first covered it. I see this instablog as being an early SA mention but I don't see how you could have bought it at 40 cents unless you did it weeks before or after this write-up. Is an official 'public' call only reserved for SA "articles" or Poised to Triple articles?
    May 4, 2014. 05:40 PM | Likes Like |Link to Comment
  • Axion Power Letter to Shareholders [View article]
    JP, I think the late April volume is more reflective of the retail volume we will see going forward this month.

    I suspect the recent volume pop of the past few days had to do with the RS news and maybe some weak hands and remaining PIPErs as you suggested. However, I don't think a daily 50 grand (when you factor in double count) is a huge misrepresentation of what will flow into Axion during May. Once again I hope I'm very wrong.
    May 4, 2014. 05:08 PM | 1 Like Like |Link to Comment
  • Axion Power Reverse Split Authorized Share Count [View instapost]
    RA,

    I agree that it should be easy enough for TG to give us a rational (or even a technical) reason why the 'authorized' need to remain at 350 Million.

    I would also think that if Axion is after a $4+ pps then 5-10 'authorized' would leave plenty of capital for expansion. Heck, they can always come and ask shareholders for more if there is a true legitimate impetus.
    May 4, 2014. 04:29 PM | 5 Likes Like |Link to Comment
  • Axion Power Letter to Shareholders [View article]
    Mr. I, this board still is a great resource and has little bashing . However the 50k or so that trades in a day in this stock is peanuts and only reflects small time players. If Axion does have a better mouse trap, and there is institutional buy-in, then the pps will rise. All the Axionistas who move in and out short term is merely noise. The PIPErs got and sold 100M shares. I don't think those with 5 to 6 figure share amounts are putting too much of dent into pps one way or another. Look, I love this board but I'm not naive enough to think our saviors will be mom and pop investors who would otherwise put in 5 or 10 (or 50 grand plus) into this name if only this Axionista board was more cheerful. Heck, for years the board was cheerful yet the stock fell. The stock will do what the big money mandates; hopefully a strategic investor(s) will find and invest in Axion. imho
    May 4, 2014. 03:44 PM | 1 Like Like |Link to Comment
  • Understanding The Details Of Axion's Reverse Split Proposal [View instapost]
    bb,

    More cash in the coffers increases Axion's book value per share - thus your slice - ie share(s) - now have more value.

    Yes, you might own a smaller percentage of the company but the company's total underlying value has increased disproportionately in your favor (and everyone else who preexisted the newest offering).

    Nevertheless most people only focus on the ownership percentage part and don't focus on the increase in book value per share - thus it often is viewed as a negative (rightly or wrongly).

    But look at the alternative, without a new placement Axion will run out of cash and you will own a larger piece of a 'worthless' pie. I'd suggest don't focus on the slice of the pie but on the pie's fillings.
    May 4, 2014. 05:09 AM | 5 Likes Like |Link to Comment
  • Attunity's Maestro Promises To Make Sweet Music (And Money) [View article]
    Great post Mark. I actually think you could write an article on this topic. Really strong points and words of wisdom applicable to anyone looking for alpha.
    May 4, 2014. 03:51 AM | 1 Like Like |Link to Comment
  • TechPrecision: 10 Bagger Or A Bust? [View instapost]
    Mark, I saw you mention that this one "graduated" from your portfolio? Did it triple from your entry last Summer?

    Anyhow I think it could still triple again; do you plan on initiating this one all over now that it's in the 70 cent range? Are you still forecasting a triple in top line by 2016?

    Thanks you as always.
    May 3, 2014. 10:29 PM | Likes Like |Link to Comment
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