Send Message
View as an RSS Feed
  • Axion Concentrator 41: Beginning Jan. 2, 2012  [View instapost]
    Thanks for cleaning up those errors. It is important to note that this is actually private money at work and not an unknown money manager in the mutual fund world. Thanks for pointing that out.

    Obviously Gelbaum has a significant belief in clean tech. I hope his Axion investment makes him 100 Million. I wish him that simply because I am that caring a fellow.
    Jan 3, 2012. 08:55 PM | 5 Likes Like |Link to Comment
  • Axion Concentrator 41: Beginning Jan. 2, 2012  [View instapost]
    Gelbaum is a name we on the Axion Concentrator know very well. He was a large investor in the last financing round that saved Axion from the clutches of the Exide evil empire.

    His mutual fund has been selling some shares of several companies in order to fund redemptions and in order to not have to sell shares in weaker companies the fund owns.

    Gelbaum still has enough warrants on Axion stock to make the investment worthwhile. Every once in a while a poster will make the assumption that Gelbaum is selling because he doesn't believe in Axion. Most believe that to be a false assumption. Hope this helps you understand the dynamics better.

    Every time I start feeling bad about my clean tech portfolio I stop and think of poor Mr. Gelbaum. Here is a guy way out in front of the curve in his investment strategy with as bad a timing strategy as I have ever witnessed.
    Just goes to show you. Being early to the party is not always a good thing
    Jan 3, 2012. 07:31 AM | 6 Likes Like |Link to Comment
  • Axion Concentrator 40: Beginning Dec. 30, 2011  [View instapost]
    Thanks for the great read
    Jan 2, 2012. 10:13 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 39: Beginning Dec. 29, 2011  [View instapost]
    Sorry to get back to you so late. I'm two concentrators behind. Like I said before Christmas. After X-mas I have a 5 week , 12x7 shift coming at work. Only a week into it and I'm already exhausted. The only time I get to talk to my wife is the early hour before she traipses off to work. Don't let much happen til February when i can get back into the flow.
    Jan 2, 2012. 09:53 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 37: Beginning Dec. 24, 2011  [View instapost]
    I know. But you do it with so much flair and panache.
    My wish for the new year is to be a little better at written communication.

    I tend to send a bad vibe over text, e-mail, and blog writings. Yet if I write a letter or article it seems to breathe differently. Basically, I'm awful at shorthand.
    Jan 1, 2012. 08:03 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 37: Beginning Dec. 24, 2011  [View instapost]
    Thanks for the specific explanation.
    5% is only 4 Million shares. I will be interested if we ever find out one large buyer has accumulated a sizable block during this downturn.

    I can report that 8 Axionistas have purchased at least 300,000 more shares at these low prices ( reported so far) in order to keep averaging down.
    Dec 31, 2011. 07:33 AM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 37: Beginning Dec. 24, 2011  [View instapost]
    Wasn't trying to be a bull or bear. Simply trying to craft an explanation of the thought processes of a buy out contender and where they might come from.

    Rambling thoughts might be a better explanation of my musings.
    Dec 31, 2011. 07:30 AM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 37: Beginning Dec. 24, 2011  [View instapost]
    I didn't really make my point very well in the last post. If a company wanted to buy Axion it would have to decide how much to pay. But any company wanting to buy Axion would first buy as much as possible on the open market for cheap. Their intention wold be known when they reached the reporting guidelines ( I believe at 9.9% of shares). At that point they have made a statement and all can start working together on whether that percentage or more is what the purchasing company wants. Very complicated but the way I would approach it at these prices. What if they could buy 30% of the company for less than $3 per share. Probably could have been done over the last few months but now? Probably to late.
    The last point I want to make is that Berkshire Hathaway owns a nice position in BYD and Midwest Power.. What a cheap way for that company to make inroads into grid and automotive sectors.

    So many possible suitors.
    If you value your portfolio please do not sell your AXPW.
    Dec 30, 2011. 09:45 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 37: Beginning Dec. 24, 2011  [View instapost]
    As a shareholder I know that Axion is a Multi- Billion dollar company (at least). It will sell 1/2 of the S/S market ( 16 Billion per year), all of the electric/hybrid train market, most of the small behind the grid UPS stations, and other uses.
    As a buyer I know that Axion sells little, has no OEM contracts, and has no railroad orders, yet.

    A company buying Axion is no different than a person who buys its stock. They ask the same questions and deal with the same answers. In this case I see a company like Bosch ( private company which makes S/S transmission systems), East Penn ( a private battery company that has exclusive rights to the ultra battery and long time Axion friend) , or a railroad industrial supplier to be interested in Axion than some giant like GE.

    If an OEM automotive order comes through before the next financing round is required then the price goes up. But if someone wants a foot in the door and is already involved with Axion (East Penn and NS) I can see them deciding that paying a premium now is a worthwhile risk.

    Would the major shareholders accept $10 per share? Would anyone pay it?

    The questions for the ages and not to distant future.
    Dec 30, 2011. 09:10 PM | 4 Likes Like |Link to Comment
  • Is Stop-Start Idle Elimination Crushing Vehicle Electrification?  [View article]
    Mr. Holt,
    I make no suggestion that I am an engineer. I also understand that GM did design safety into their design. But so did Nissan. And Nissan surrounded the battery with heavy metal plating. GM only protected the passengers with heavy plating by putting the plates on the top of the battery.
    Engineers and bean counters make decisions in large corporations, not just the engineers. Examples of mistakes:
    The Corvair
    The Pinto
    The Explorer.
    Two airliners ( I'm recalling this not citing you to it) have burst into flames while flying lithium batteries as freight.
    One lithium recycling plant has burned to the ground due to compression and crushing forces of recycling.

    As a layman I am concerned with the safety of the cars occupants. Since GM is offering free ICE vehicles to Volt owners while they get a handle on the problem I have to think they understand an issue exists also.
    Dec 27, 2011. 07:47 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 37: Beginning Dec. 24, 2011  [View instapost]
    Thanks for the two articles.
    Its good to know that actual dollars were being computed as made from the Cube only 9 days into testing. Can't wait to hear what the figures turn out to be.
    Also happy to see TG give Pennsylvania credit for the grant money that built the PowerCube. Every dollar received gave Axion more time to work with their existing capital structure.
    Score- Pennsylavania 1- DOE- 0
    ( Well to be fair I think the DOE funded the NS contract through Norfolk, but I am still mad at the DOE over the Exide/Axion grant.)
    Dec 27, 2011. 07:36 AM | 5 Likes Like |Link to Comment
  • Understanding End-User Markets For Grid-Scale Energy Storage  [View article]
    Better get a new machine :-)
    Dec 26, 2011. 10:58 PM | 4 Likes Like |Link to Comment
  • Is Stop-Start Idle Elimination Crushing Vehicle Electrification?  [View article]
    Mr. Holt,
    Your righteous answer really discredits your view of the safety of all firemen, policemen, and other accident personnel that live with the dangers of fire and explosions all the time. In the thousands of car accidents that occur daily emergency response personnel are not trained, to go up to a fuel tank that might explode any second, and turn off the valve that dispenses the fuel. This is the only analogy I can come up with that describes what GM is asking these unrecognized heroes to accomplish.
    The GM training guide for EMS personnel. Written by the Futurist.

    " In case of an accident please recognize that metal may have entered the woefully unprotected side of the Volt battery. We all know that metal and lithium create extreme heat. So, please approach the battery with no caution and get out your pliers. Take a few minutes to uncouple the electrical connection. This won't be easy because the battery is stuck in the middle of the car. It is hard to get to. It was much cheaper putting it there than surrounding it with a metal shield. Sorry, that it made it much more difficult for you. Anyway, if the battery does not burst into flames before you disconnect it then your disconnection should drain the battery of its potential combustibility. Oh BTW, this warning will not apply if the metal has pierced the lithium before you go about this task. Further please warn all service technicians and auto mechanics that this explosion could occur in their mechanic shops. Please continue to warn the owners of the vehicles that after an accident spontaneous combustion has occured up to three weeks after accident testing. Thanks for helping GM be as successful with the Volt as our Corvair was years ago."

    All sarcasm was intentional. I assume all liability in offending anyone that does not get that corporations must care about the populace as much as the rest of the populace cares about others.
    Dec 26, 2011. 10:35 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 37: Beginning Dec. 24, 2011  [View instapost]
    I don't know where the article came from. I don't care. It is the hardest article to read I have seen in a long time. I dont know what it says. I can't read this long technical boring piece of work.

    Could someone please write an understandable disertation on whether this is important?

    And Bang,
    If you posted that to prove we need a website that is understandable I am now 100% with you.

    All joking aside:
    I have pondered the new websight idea. I do not like stopping good ideas just because they have not been tried before.
    I do not like trying ideas that are going to fail due to lack of conviction.
    Bang, if you feel you have a website that will bring value to the community and you feel you have the tenacity to work it for more than a short time, then please, feel free to continue.

    Me, Im simply going to order a couple of t-shirts and let you tech-heads go at it.
    Dec 26, 2011. 10:15 PM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 37: Beginning Dec. 24, 2011  [View instapost]
    I am still LOL about your comment. How many times I wish I could take back what my fingers have typed.
    Dec 26, 2011. 09:54 PM | 3 Likes Like |Link to Comment