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  • Axion Power Concentrator 225: April 4: Axion Power Completes New Continuous Roll Carbon Sheeting Process [View instapost]
    I have been buying and selling MNKD for the past couple of weeks and am up a few thousand dollars.

    I also made $5,000 after holding TTNP for more than a year, by selling it while it was running over 2.00 about a month ago.

    This is not to pump MNKD or brag about my brilliant trading skills -- lifetime I am still thousands upon thousands in the red -- but to suggest that I am happy to hold my 100,000 shares of AXPW for as long as it takes for the company to hit my target (which you all know is $10).

    I can appreciate the frustration everybody is expressing here. I have felt it myself, and this board has helped me calm down, especially when I have felt nervous about the future.

    But good stocks sometimes get hammered -- for years -- before they finally pay off.

    What I am trying to say is instead of agonizing over Axion day in and day out when big money is at least a couple of years away, take some dry powder if you have some, find a stock you can make a little money on, and let Axion simmer on the back burner.

    Some of what is posted here is really interesting. But interminable arguments about Tesla -- because nothing kinetic is going on with Axion -- just get boring after a while.

    Watching Level 2 on a stock trading 6 or 9 million shares a day is anything but watching paint dry. It is fun. Especially if it's going up and you are making money.

    My 2 cents. Trying to be helpful. No offense intended.

    Apr 7, 2013. 12:30 AM | 20 Likes Like |Link to Comment
  • Axion Power Concentrator 242: June 8: Axion Power Reports First Quarter Results For 2013 [View instapost]
    I sold 60,000 shares of my shares of AXPW to offset some of the capital gains I've made on MNKD this year with a $10,000 loss. This also gave me a small amount of dry powder to plow into MNKD.

    I decided to do this because AXPW looks like it is going to be dead money until big news breaks, which could happen tomorrow but in all likelihood will not be happening any time time soon. I still have 40,000 shares for if and when it does.

    I also did it because I had too much money tied up in MNKD, which is rapidly approaching two crucial binary events, either of which could wipe me out on unfavorable results.

    So I sold and pulled my profit out of MNKD, offset some of those capital gains with a loss on AXPW, and bet the money I got out of AXPW on favorable Phase 3 results and FDA approval on MNKD.

    If MNKD goes down the tubes, I have pulled out my profit to here and all I will lose is money I was already losing on AXPW.

    And I still have a chance to make money on AXPW with the shares I have left if Axion manages to bring PbC successfully to market.

    I am only telling you guys about this because we have communicated quite a lot over the last year or so and I consider you all acquaintances with similar interests.

    From my own perspective I did what I thought maximized my own chances to make a profit with the money I had tied up in Axion.
    Jun 10, 2013. 04:32 PM | 17 Likes Like |Link to Comment
  • Axion Power Concentrator 233: May 5: Axion Power On Panel At Energy Storage Economics 2.0 For New York City And Beyond [View instapost]
    I don't think that "sales" and "selling batteries" are the same thing from Axion's point of view, and I don't think this financing is premised on selling a few batteries to, say, ePower this year.

    You've got to look at the direction that the LAB-with-one-carbon-co -mponent-or-another sector is heading as a whole and understand that in terms of Axion's not-so-long-term goal, which we all know is: be the primary supplier of PbC anodes to the world's AGM battery manufacturers.

    Succeeding in automating the carbon sheeting process this year was huge, as TG said in the last CC, and I think that is what the investors in this financing are backing.

    We read about "other" companies picking off bits and pieces of market share that we wish Axion were getting but and because we know that PbC is better than ultrabatteries of one formulation or another, and we are disappointed. But the elements of the story that are gradually coalescing as the market coalesces are: AGM/UB manufacturers are creating a market where there was none 3 or 5 years ago, and Axion is positioning itself to ride those companies' numerical coattails by becoming a core technology in AGM 2.0.

    Maybe this year, maybe next. This is not something Axion can do by themselves. The lead-carbon industry has to take root and grow sufficiently for PbC to step in and knit the various applications together.

    May 8, 2013. 10:42 AM | 14 Likes Like |Link to Comment
  • Axion Power Concentrator 229: April 20: Axion Power On Panel At Energy Storage Economics 2.0 For New York City And Beyond [View instapost]
    If TG comes through with a strategic partner, all the belly-aching going on here is going to feel like it was an enormous waste of time.

    Muttering over and over again about how disappointed you are isn't going to change things one way or the other. And this new guy, Unpredictable whatever; where is my ignore button?

    Every time we go down a penny I am 1,000 bucks deeper in the hole. But you what? I couldn't care less. MNKD has been very good to me for more than a month, and now I am playing with house money.

    I told you guys before: find a stock to make some money on in the meantime and give the fellows over at Axion a chance to do what they have to do.

    MHO. No offense intended (except to our latest "concerned" basher).
    Apr 23, 2013. 02:08 AM | 14 Likes Like |Link to Comment
  • Axion Power Concentrator 201: Jan. 22: Axion Power PbC Batteries Continue To Demonstrate Effectiveness For Railroad Applications [View instapost]
    bang -

    If you are looking for fast money, Axion is probably the wrong stock for you to own.

    Since you are so far underwater, a more palatable alternative for you than dumping it is to allow the realization that you are going to be holding AXPW for the next couple of years or so sink in and find something else to do with your time besides watch it, think about, and worry about it.

    This forum is a good place to provide yourself exposure to developments in the energy storage and transportation sectors, but IMO you would be doing yourself a favor if you disabused yourself of the assumption that discussing AXPW's pps is going to make it appreciate sufficiently to improve your financial situation any time soon.

    Turn off your computer. Go outside and walk around. Read a book. Relax. AXPW isn't going anywhere. You are not missing anything.
    Jan 23, 2013. 03:39 PM | 13 Likes Like |Link to Comment
  • Axion Power Concentrator 250: July 11: Axion Power Receives Additional Purchase Order From EPower Engine Systems To Supply PbC® Batteries And Battery Management Systems For (10) Class 8 Heavy-Duty Trucks [View instapost]
    I think Trego left in protest over the PIPE deal.

    In answer to the question asked earlier about who's selling:

    On 6/10 I sold 60,000 of my 100,000 position for 0.21 to 0.23.
    On 6/11 I sold my remaining 40,000 shares for 0.1923 to 0.1925.

    My average entry was about 0.40, so I lost 20,000 long term.

    The 20,000 I netted I put into MNKD and INO.

    I paid 0.82 for INO, and it closed today at 1.23 on a pullback from 1.50+. MNKD is holding a little under 7.00 waiting for data in mid-August.

    I think the PbC is a great product, but bringing it to market is going to be hard. I also think that it is still possible for holders to make money on AXPW, as many stocks that have been beaten virtually to zero have become winners in the long run.

    I am trying to make money in a shorter time frame than I expect AXPW will pay off, so I cut my losses and invested elsewhere. I might have made a smart move; I might have made a dumb move. Time tell.

    The reason I sold was that with decreasing pps I figured Axion is going to have to make payments on the PIPE and it doesn't look like there are going to be enough dollars coming in to be able to handle that.
    Jul 12, 2013. 08:28 PM | 12 Likes Like |Link to Comment
  • Axion Power Concentrator 191: Dec. 26: Latest News [View instapost]

    Thank you for mentioning that I was accused, ever so briefly, of POSSIBLY being a troll. I certainly remembered it in the context of the latest troll event, but I didn't want to bring it up.

    In my case I think that JP might have been so surprised by the rank ignorance of my question, innocently asked, that he, on the basis of years of fighting with determined and devious trolls, figured the chances were pretty good I was a troll.

    But look at the difference.

    I humbly admitted my ignorance and sincerely asked for JP's help.

    ID, by contrast went on a self-righteous rampage about someone impugning his supposedly sparkling good name. He started big-mouthing about personally talking to a big-shot at Exide. He started throwing around unrealistic numbers. Bottom line, his posts were arrogant and hard to take at face value.

    And groberts was a virulent psycho of some sort.

    I felt that ID and groberts were working together, but ultimately I don't think any of that matters. What matters IMO is weeding guys like this out quickly and efficiently. I don't think I would have been weeded out because of the way I responded to JP's accusation. I think the response to being accused of trollism provides a lot of useful information.

    Dec 27, 2012. 10:25 PM | 12 Likes Like |Link to Comment
  • Understanding The Mechanics And Incentives In Axion Power's PIPE [View article]
    My assumption has always been that what investors do is loan money to or buy stock in companies they believe will succeed if provided access to the funds they need to accomplish whatever the next step in their development happens to be.

    The 8-K explaining the PIPE deal is well over 100 pages long. It is utterly incomprehensible and anything but a straightforward statement of support for Axion Power's business.

    In fact, Axion's business is not even mentioned in those 100-plus pages, which read like a sub-prime loan document or a predatory lender's talon's clutching the throat of someone unlucky enough to have had to turn to them for what might as well be a payday loan.

    I don't blame this on Axion. I am sure they would have been happy to exchange some shares for some money if they had been able to find a bona fide investor to take a stake in their company.

    But the sharpies they are beholden to now are not investors. They are vultures. These PIPErs are not backing Axion's future business. They are gaming Axion's share price. They don't care about Axion's future. They are merely squeezing money out of Axions' current financial situation.
    Jul 27, 2013. 07:13 PM | 11 Likes Like |Link to Comment
  • Axion Power Concentrator 182; Dec. 2: Latest News [View instapost]
    Looks like I finally asked the right question!

    Thank you, John.

    Your answer connects several of the most salient dots in the PbC story, especially that scaled-up AGM manufacturing capacity is providing Axion precisely the market that our business plan calls for, namely battery manufacturers who are able to build lots of batteries using the PbC anodes we know how to make and want to sell them.

    Meanwhile, automakers are in the process of enhancing the capabilities of Stop-Start systems to squeeze every bit of efficiency they can from their fuel tanks, which in turn makes AGM an increasingly less optimal battery technology for those systems.

    The result is a perfect storm for PbC: demand by the automakers for PbC's unique capabilities and AGM battery manufacturers' ability to manufacture batteries using Axion's PbC electrodes at a scale able to satisfy that demand.

    Buying AXPW now for 30 cents is starting to look a lot like having bought ISRG for a similar price in 2004.
    Dec 4, 2012. 07:20 AM | 11 Likes Like |Link to Comment
  • Axion Power Concentrator 246: June 25: Axion Power Receives Order To Supply Class 8 Truck Battery Strings For EPower [View instapost]
    Holders across the market as a whole have been dumping speculative stocks ever since Bernanke put the fear of free market capitalism in them last week.

    If you think AXPW is going lower, you can sell and try to catch the falling knife, which is very risky because it can turn on a dime. Or, if you still believe in the company, you can hold.

    Selling at these levels, unless you think it's going lower and believe you're clever enough to buy back lower, or you figure Axion is giving up the ghost, is very foolish.

    Buying here makes sense if you think we're at the bottom and you think the stock will go up again sometime soon.

    My sentiment is hold. The market is unstable, and I have no need to own more or less Axion than I do today.

    My own opinion.
    Jun 26, 2013. 03:58 AM | 10 Likes Like |Link to Comment
  • Axion Power Concentrator 206: Feb. 6: Axion Power PbC Batteries Continue To Demonstrate Effectiveness For Railroad Applications Norfolk Southern [View instapost]
    Thank you, John.

    Now you know what I look like when I get hot under the collar.

    Apologies to NGS. Apologies to all.

    I feel a little embarrassed.

    No offense intended.
    Feb 8, 2013. 02:54 PM | 10 Likes Like |Link to Comment
  • Axion Power Concentrator 205: Feb. 3: Axion Power PbC Batteries Continue To Demonstrate Effectiveness For Railroad Applications Norfolk Southern [View instapost]
    My sentiments precisely, Ranma.

    I have wanted this raise to be in the rear view mirror for a long time because once it finally goes down -- for whatever it is -- that will be a baseline, and all the lurkers waiting for that shoe to drop will feel comfortable buying in.

    No one likes to see pps drop after they buy, so the whole world is waiting for this raise.

    Not me, by the way, as I am in at 40 cents and expect to be a millionaire 2 or 3 years from now.
    Feb 4, 2013. 03:53 PM | 10 Likes Like |Link to Comment
  • Axion Power Concentrator 190: Dec. 23: Latest News [View instapost]
    If JP leaves, this board is dead.

    I respect the links and insights posted by several other contributors, but no one here has anywhere near the breadth of experience and depth of knowledge about this sector that he does.

    Because of my lack of knowledge, I have questioned my investment in Axion on a few occasions, and every time JP's posts have helped me understand where PbC fits in the competitive landscape and what the time frame for moving forward is going to be.

    JP gives keynote addresses at battery conferences, for goodness sake!

    It is not too hard to spot a troll. Others have pointed out the tell-tale signs. I hope the APC moderator is able to weed these guys out not only to save us all the trouble of reading garbage, but also to save JP the trouble of having to deal with them or ultimately leave, which would be the end of this board.

    I might have panicked on several occasions without JP's contributions, and I hate to think of how I would muddle along if he pulled out of here.

    Merry Christmas to all, by the way.
    Dec 25, 2012. 02:46 PM | 10 Likes Like |Link to Comment
  • Axion Power Concentrator 179, Nov. 23: John Petersen's Axion History & Prospects; Q3 '12 Rpt; SAE Truck APU App; Rosewater & Queens Univ. Partner On Distributed Energy Study; 13th ELBC: Axion's "Operational Stability Of PbC Batteries And Battery Systems [View instapost]
    Actual, solid sales would change everything.
    Nov 24, 2012. 12:34 AM | 10 Likes Like |Link to Comment
  • Axion Power Concentrator 254: July 24: Bullish, Except Financing Deal, Forbes Article By Tom Konrad About Axion [View instapost]
    My thinking exactly.

    I liquidated a 40-cent position at a big loss to avoid losing more -- got shaken out, in other words.

    I don't mind paying a premium, though, on news -- real news -- especially under 40 cents, because an actual inked deal means I will be making money.

    I find it highly unlikely that AXPW will open at a dollar one morning, but it it does, I will be able to tell everyone I know how close I came to making big money but blew it by selling at a loss.
    Jul 25, 2013. 12:43 PM | 9 Likes Like |Link to Comment