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jkaness

jkaness
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  • Hacking concerns take center stage in automobile industry [View news story]
    I would not feel safe in a vehicle that could be hacked. There are enough dangers ON the road. We do not need to add any new ones!
    Jul 31, 2015. 01:56 PM | 5 Likes Like |Link to Comment
  • Axion carries out 1-for-35 reverse split; shares -16.5% [View news story]
    They still have filings to issue up to 100 Million more shares. Do a 100:1 reverse split and raise $Millions more from share sales and foreign "investors". Reminds me of the sharpies who sold US mining stocks in Europe in the 19th century.
    Jul 14, 2015. 08:14 PM | 1 Like Like |Link to Comment
  • Axion carries out 1-for-35 reverse split; shares -16.5% [View news story]
    Add this 35:1 reverse split to the previous 50:1 split and you get a 1750:1 reverse split! The company officers are still getting paid while the company remains in business without any sales.
    Jul 14, 2015. 10:26 AM | 6 Likes Like |Link to Comment
  • Battery Recharging: Why Is Tesla Not Going Wireless? [View article]
    1. No doubt one CAN wirelessly send high power. It has been done.
    2. I pity the poor soul who accidentally gets their hand or body in the beam between the transmitter and receiver.
    3. The lab experiments don't let the workers stand in the beam and absorb all that energy. Imagine what some people (you know someone like that) would do to themselves playing around!
    4. In all my 50 years of Radio Frequency electronics experience, a short cable is cheaper and more efficient than a radio frequency connection.
    5. An 85KWH battery needs about 85 x 1.2 = 102 KWH to fully charge. Spread over a 10-hour charging time (for a charge rate of C/10 which most batteries want) that is 10 KW of received power. My microwave oven is only 1 KW of power.
    Jun 30, 2015. 04:09 PM | 3 Likes Like |Link to Comment
  • Axion Power up 154.6% on potential Chinese licensing deal [View news story]
    Let me know when it is up 10,000%. I hope the Chinese find or make a market for these PbC batteries.
    Jun 15, 2015. 01:03 PM | 2 Likes Like |Link to Comment
  • Update: Penn West Petroleum - Buying When Blood Is In The Streets? [View article]
    As a PWE shareholder I was caught unawares by the recent 50% drop in the world oil price. This is not unprecedented, but the absolute oil price, denominated in gold, does appear to be unprecedented. A crude chart comparing the WTI oil price with the annual average price of gold (one-tenth ounce) since 1970 is available at http://bit.ly/1EIDiDh suggesting that either gold is very over-priced or oil is very, very cheap just now.

    PWE stock has fallen with the oil price. A crude 6-month chart is at http://bit.ly/1EIDfHJ . Oil in the ground is worth nothing. People buy oil out of the ground and delivered. While the delivered cost is greater than the market price, no one can make a profit.

    Whether this disruption is simply a supply/demand issue, or is a deliberate, planned geopolitical event will likely be the topic of many articles to come. In any event I too expect it will eventually correct itself.
    Dec 31, 2014. 09:47 AM | 3 Likes Like |Link to Comment
  • If You Own A Tesla Model S, Just Don't Dent It! [View article]
    Of course the repair parts are pricey. It's a high-end car isn't it? Decades ago a mechanic friend needed an engine part for his Cadillac. He priced the part. Then he priced the identical part (same mould marks and all) with a Chevrolet part number. Half the cost!
    Dec 24, 2014. 08:51 PM | Likes Like |Link to Comment
  • If You Own A Tesla Model S, Just Don't Dent It! [View article]
    Of course the repair parts wil be pricey. It's a high-end car, isn't it? Decades ago a friend who drove a Cadillac needed an engine part (he was a mechanic himself). He priced the Cadillac part. Then he priced the identical part (same mould marks and all) but with the Chevrolet part number. Half the cost!
    Dec 24, 2014. 08:48 PM | 1 Like Like |Link to Comment
  • Penn West Petroleum declares C$0.14 dividend [View news story]
    Cheap oil and some class action lawsuits (discussed in the 3Q earnings report) have soured many on Penn West Petroleum (PWE). The dividend is 11% if you buy today. I am long and holding.
    Nov 5, 2014. 08:59 PM | 1 Like Like |Link to Comment
  • Axion Power halves size of secondary offering to $6M [View news story]
    Looks like everything has been discussed except "cash on the barrel head" sales.
    Oct 6, 2014. 05:13 PM | Likes Like |Link to Comment
  • Axion Power halves size of secondary offering to $6M [View news story]
    Without sales, the slide toward $0 will continue. And the dearth of news fuels pessimism and worry. Whatever happened to Burlington-Northern's NS-999 switch engine equipped with PbC batteries? Are they installed yet? Obviously there has been nothing to crow about. And has ePower engine systems installed and sold those 10 sets of PbC batteries they bought? Googling both of these subjects offers no answers. Axion offers no answers.

    Someone please tell me I am wrong!
    Oct 6, 2014. 01:16 PM | 2 Likes Like |Link to Comment
  • Notable earnings before Thursday’s open [View news story]
    Dar, the website now has the press releases. I call it good news. Apparently some others are still scared. 1. Maybe they do not believe Penn West. 2. Or maybe they are scared off by all those lawyers who are still scouring two countries looking for a lead plaintiff. That deadline is apparently 3 October. As one who has been sued, and threatened with suit, for more than I will ever have (both came to nothing) I am not scared by that.
    Sep 19, 2014. 11:39 AM | Likes Like |Link to Comment
  • Notable earnings before Thursday’s open [View news story]
    Correct, Dar. PWE results are due 14 October according to them.

    This is the second SA news report I've gotten that the title mentioned PWE but the article did not.
    Sep 17, 2014. 08:03 PM | Likes Like |Link to Comment
  • Why Projections For Tesla To Sell 500,000 Cars In 2020 Are Absurd [View article]
    I know nothing about the car business, and as little about stocks it appears. But one factor stands out: This is the third SA article on TSLA today. It was running two a week and now three a day??? All the rest of my stocks together might net 2 SA articles a month!

    Is this a feverish attempt by the longs to convince themselves they are right?
    Sep 17, 2014. 11:49 AM | 1 Like Like |Link to Comment
  • Penn West says no new material changes to past financial statements [View news story]
    Further research tells me there are two different definitions of "institutional ownership". The major difference is whether or not banks are included. Why banks? The institution is presumed to utilize trained and experienced professional stock experts who know what they are doing (as well as anyone can).

    My own stocks are bought, sold, and held by my bank. Are these trades made using the bank's professional expertise? NO! In my case the trades are what I alone tell them to buy and sell. Should my bank with its thousands of individual investor accounts be included in the institutional count? You decide.

    Investopedia at http://bit.ly/1nNZ4bD says banks should NOT be included. msn.com at http://on-msn.com/1nNZ4bE says their definition does include banks. Moving my Firefox cursor over the column heading "Institutional Ownership" brings up the information "Percent of a company's shares owned by banks, mutual funds, pension funds, insurance companies and other institutions"

    So I suspect both numbers, 39% and 93% are correct depending on the definition of "institutional" used.
    Sep 11, 2014. 10:51 AM | Likes Like |Link to Comment
COMMENTS STATS
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