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  • Axion Power Concentrator 138: Aug. 15, 2012: Axion Power Reports Second Quarter Results For 2012  [View instapost]
    Was nice to see the volume today. I wish it had been at a couple pennies higher so I didn't feel so bad about my buys this week. I keep reminding myself that I won't care when the price is north of $2.

    Anyway, I apologize if this has been discussed. I go for weeks at a time without being able to read the posts. I'm working in Charlotte these days and notice a lot of Hybrid buses. Any market there for us?
    Aug 15, 2012. 05:48 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 137: Aug. 14, 2012: Axion Power Announces Date Of Its Second Quarter 2012 Earnings Release And Conference Call  [View instapost]
    jeez. Was surprised to see the results today. However, every time I buy a large chunk of any stock the pps tanks so I should have known. The next two days should be interesting
    Aug 14, 2012. 08:30 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 135: Aug. 7, 2012  [View instapost]
    I have not. I haven't followed the company close enough to feel comfortable with it. I'll take look while I'm in a spending mood.
    Aug 10, 2012. 03:20 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 135: Aug. 7, 2012  [View instapost]
    Sorry to disappoint you. It was I. I am now a bit over what I usually allocate to a company like this, but there is no way this is only a 30 cent stock. Too much fear in the battery game now, and as Buffett says "Be greedy when.....".

    I do hate to see a bunch sell lower than mine but I was willing to go up to .35 for those shares so I'm happy. I just hope I made the paint dry a bit.
    Aug 10, 2012. 01:14 PM | 7 Likes Like |Link to Comment
  • Axion Power Concentrator 134: Aug. 3, 2012  [View instapost]
    At three bucks John I'm going to start looking for my private island to buy.
    Aug 6, 2012. 05:39 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 134: Aug. 3, 2012  [View instapost]
    I agree, John, which is why I completed my position last week. I will add more if we do drop again but I don't see that happening. We must certainly be getting close to the inflection point.

    I have been with AXPW for over three years now and it has been an interesting journey. Things have moved much slower than I would like but they have moved. All of the movement has been positve, IMO. Some PR from NS, BMW, etc. will send this skyward. I believe there are a lot of investors sitting on the fence waiting for the first big news.

    Call me "patiently waiting"
    Aug 5, 2012. 11:50 AM | 7 Likes Like |Link to Comment
  • The headline unemployment rate is one of the few numbers you shouldn't pay attention to, says economist Jason Schenker. The labor force participation rate is a more important stat, and while it fell a hair this month, it is flattening out. Also, there's BLS rounding. Moving out a couple of decimal spots, UE increased to 8.2535% from 8.2165%. From this, we're going to get a day of political headlines?   [View news story]
    Correct, Tack. To make money one should not include politics to the exclusion of corporate numbers when making investment decisions. Companies are still making money, and that is what matters.

    In addition, just look around. Where I live there are For Sale and Sold signs on houses like haven't been seen since 2007. Every time I go out to eat the places are full. I recently took a job in Charlotte and I have yet to be on a plane that was not completely full. Restaraunts there are full with lunch-time crowds. Maybe there are spots where things are still bad, but everything I am seeing is pointing to recovery. May not be as robust as we all would like, but growth is growth.

    That being said, I'd like nothing better than to see E-doc's 10%+ correction from some more panic-selling. I too have my eye on some stocks I want to buy on sale.
    Aug 3, 2012. 03:07 PM | Likes Like |Link to Comment
  • Axion Power Concentrator 133: Aug. 1, 2012  [View instapost]
    Yes, it is an opportunity. I had a 50K order filled @ .322 yesterday and maybe should have waited, but at least I have my desired position now and averaged under .40 for all.
    Aug 3, 2012. 09:40 AM | 5 Likes Like |Link to Comment
  • Michael Harkins offers a quick lesson in duration, saying a buyer of the 10-year Treasury at 1.5% will get crushed with just a move back in yields to 2.5%. The bond market is a fabulous bubble, he says, growing in size as those who went short at the then impossibly low rate of 2.5% a year ago lack the conviction to do the same at 1.5%.   [View news story]
    Yes, bbro. After you mentioned this in one of your stock talks I started researching it, and it is rare. As the economy keeps improving, which I believe it is and will, those people earning 1.5% are going to want more. When that happens a lot of that money will rush out as prices start to fall. I just keep reminding myself that most people get things wrong. I believe those that are buying t-bills now are getting it wrong. Sure there may be a few shocks before it all works out, but these yields will not last forever.
    Jul 31, 2012. 05:32 PM | 5 Likes Like |Link to Comment
  • Time To Pick Up The Gold Miners  [View article]
    Nice analysis Christopher, and I hope you are correct. I started buying miners when bullion was $1000 and it is frustrating to see a large loss in them when bullion has risen 60%. I did pick up some NUGT at $10 and some more at $7 in my kid's IRA's. Should be a winner before too long, IMO.
    Jul 31, 2012. 05:21 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 129: July 20, 2012  [View instapost]
    I hate bad timing. I want to add another large block but on Monday started a new job that for a variety of reasons kept me from the web. I was enjoying retirement but an offer fell in my lap that will allow me to travel to Charlotte some and work from home much. Too much money to turn it down.

    Anyway, I'm waiting for a money transfer to happen and it is agonizingly slow. I would have loved to grab all of those 30 centers. I'll be happy with anything under .40 but cheaper is always better. I hope John's inflection point holds off just a bit.

    As for the bird kills mentioned above, a pair of sharp-shinned hawks have taken up residence in my woods. Facinating to watch, as the frequently sit on my fence and in the trees and even shower in my lawn spinkler. Down side is they eat smaller birds for dinner. Goldfinch and junko population may suffer.
    Jul 22, 2012. 05:16 AM | 5 Likes Like |Link to Comment
  • Another day, another record low yield for a Treasury auction, as $13B in reopened 30-year bonds sell at 2.58%. Bid-to-cover ratio of 2.7, vs. a recent average of 2.62; indirect bidders take 36.8%, vs. a recent 31%. Direct bidders take 20.1%, vs. a recent 14.8%.   [View news story]
    Yes, I'm always amazed at my friends, who by and large are an educated group, do not understand how bond prices react to changes in yield, and that current yields will not (I almost want to say can not) remain this low forever.
    Jul 13, 2012. 06:35 AM | Likes Like |Link to Comment
  • The Treasury market isn't buying the lower jobless claims number either, the 10-year yield blipping higher for a moment before returning back to 1.49%, off 3 bps on the day. The BLS notes "onetime factors" such as a shift in auto plant closings. S&P 500 is back near session lows, -0.8%.   [View news story]
    "The Treasury market isn't buying the lower jobless claims number either"

    I don't think the jobless numbers are the big driver in t-bill market now. Moreso it's Europe. I continue to look around me for signs of what's going on. I see a lot more "Sold" signs on houses, a lot more houses for sale. Every time I go out for dinner I see full tables and plenty of people filling their cars up with gas. I'm finding more full-up hotels when I look for a place to stay. Seems much better to me than a year ago.
    Jul 13, 2012. 04:28 AM | Likes Like |Link to Comment
  • Second Quarter 2012: The Beginning Of An Earnings Collapse  [View article]

    This is one of the most well-written, cognizant posts I've seen in a long time. You are spot on. Buy well-run companies when they are on sale and you are fine. I like to tell the story of a close friend who bought SSO @ $18 and sold because CNBC said we were headed for a "double-dip". Now he keeps buying VXX because of the same thing. He has bought and sold it (at a loss each time) three times in the last year. Won't listen to me when I say to buy some solid dividend paying companies during these dips. He also sold AAPL @ $340 because with Jobs gone the company was going nowhere.

    And, yes. Please start writing for SA.
    Jul 6, 2012. 05:22 AM | Likes Like |Link to Comment
  • Billionaire Leon Cooperman's Top 5 Dividend Picks  [View article]
    Great article. Have been adding LINE. Bought KFN back in '09 under a buck and foolishly sold at $2. God, I wish I had a time machine.
    Jul 6, 2012. 05:03 AM | Likes Like |Link to Comment