Seeking Alpha


Send Message
View as an RSS Feed
View alsobirdman's Comments BY TICKER:
Latest  |  Highest rated
  • Daybreak Oil and Gas, Inc. Announces Record Initial Production Rate on New Oil Well in Kentucky [View article]
    Great to see such big numbers from these shallow wells. Cost of drilling is low enough that they should still provide positive results even at $45 oil.
    Jan 30, 2015. 08:26 AM | Likes Like |Link to Comment
  • Axion Power Concentrator 386: Jan. 12, 2015 [View instapost]
    What just happened?

    This is the first day in 5 years where I have bought Axion stock that the price was not lower than I paid.

    Seems like an Omen, LOL
    Jan 23, 2015. 04:06 PM | 11 Likes Like |Link to Comment
  • Is the sun rising on Daybreak Oil and Gas? [View instapost]
    Well, the last couple of months have been a struggle for all oil companies, and this one is no exception. They went from an operating profit in the 2nd quarter to a small loss in the 3rd. The reduction in interest payments helped reduce the loss somewhat. The good news is that production hit a new record for a single month in December, and the CEO tells me that they'll be OK with $50 oil for now. They issued a PR this week and like most companies will be slowing down the rate of drilling until prices recover a bit.

    I still think the share price is an absolute bargain at this level and have been adding more under a dime.
    Jan 16, 2015. 05:06 PM | Likes Like |Link to Comment
  • Axion Power Concentrator 386: Jan. 12, 2015 [View instapost]
    There is one thing that would do wonders for this stock, and that is for insiders to buy some stock. At these prices a few thousand bucks from each executive and BOD member would do wonders to instill some faith.
    Jan 13, 2015. 11:33 AM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 386: Jan. 12, 2015 [View instapost]
    Hmmmm. Interesting changes in the BOD recently. Seems to be more proof that DDG is taking the bull by the horns.

    I like to look at risk/reward when making an investment decision. I had been waiting to see what happens as we get closer to cashless conversion, but now I'm not so sure. At .90, it doesn't take a whole lot of money for most legacy holders to average down to say, $5 per share. I don't think there are too many who think this company wouldn't have a market cap of over $35M with the slightest bit of good news.

    Then again, as we know all too well, there are no certainties with this stock. Next 5 weeks should be very interesting.
    Jan 13, 2015. 08:49 AM | 6 Likes Like |Link to Comment
  • Market Update 1/3/15 -- Off To New Highs Or A Pullback.?  [View instapost]
    Hi F&G, I've been following you for some time, and I always enjoy your straight-forward, even-keeled way of looking at the big picture without getting distracted by the noise. Better to look at the long-term outlook rather than try timing the short-term movements. I don't follow the tech sector at all so don't have any feelings about those picks, but certainly agree there is money to be made in the energy sector.
    Jan 4, 2015. 12:19 PM | Likes Like |Link to Comment
  • Linn Energy: When Will The Pain Stop? [View article]
    @Gene - Maybe you know what you say, maybe you don't. One thing is clear and that is you certainly have a lot of conviction in what you write.

    However, when I see a poster with no bio, very few comments and every single one of them directed against either Linn Energy or Seadrill, I have a hard time taking that poster seriously, especially when a preponderance of Caps are used in said posts.

    You seem very angry at something or someone, and I don't understand why you feel it necessary to apply your rants so vehemently here. If holders of LINE have lost value in their holdings, it is their personal problem, not yours.
    Dec 30, 2014. 04:34 PM | 14 Likes Like |Link to Comment
  • Equity CEFs: Will 2015 Be The Year Of The Rotation? [View article]
    Thanks for the article, Doug. I've been a buyer of GGN over the last few years. I trust the management and certainly like the return, even if it has been cut a couple times. I trust Gabelli to do what's best for the fund. Still building up in my DRIP'd account. When oil and gold recover and the divvy is raised, I'll be even happier.
    Dec 30, 2014. 09:17 AM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 385: Dec. 29, 2014 [View instapost]
    DRich> Interesting read. I have been buying even more O and G names on this panic, and I figure it will either be the smartest or the dumbest move I have ever made. After Axion, that is, :-).
    Dec 29, 2014. 03:16 PM | 14 Likes Like |Link to Comment
  • Axion Power Concentrator 385: Dec. 29, 2014 [View instapost]
    When I see a poster with no bio, only 13 comments, all of which are obvious attempts to discredit either Axion or JP, I call BS. And my troll radar is beeping loudly
    Dec 29, 2014. 10:31 AM | 13 Likes Like |Link to Comment
  • Axion Power Concentrator 384: Dec. 17, 2014 [View instapost]
    Yeah, Rugged, I sometimes think I must be on something good. Like you I stupidly held during all the dilution, etc. I should own a large percentage of the company if I had waited. That's water under the proverbial bridge though and it won't do me any good to cry over it. I did have a dream the other night that I went to my monitor and saw us over $2 on some news. I didn't catch what the mews was, unfortunately. LOL
    Dec 28, 2014. 12:23 PM | 8 Likes Like |Link to Comment
  • Axion Power Concentrator 384: Dec. 17, 2014 [View instapost]
    As we get ready to close out 2014, which everyone will agree started with much promise and is ending with much anguish, I've been trying to put things in perspective. As I mentioned above, I've been buying at this level, and I believe the results of that strategy will be known in short order. I'll either have some 10-bagger shares or I'll lose even more money. I believe it will be the former.

    Many people here have been overly critical of Tom Granville, and I will admit that I sometimes wonder what the real story was relating to many things, but here are some facts I considered before partaking in the offering and buying even more shares since.

    Over the last 5 years, someone at Axion has;

    Made a public presentation with BMW and continued to work with them on testing, etc. Even if nothing ever comes of that LOB, it speaks volumes to me.

    Worked with NSC to rebuild and test the NS999. I've always said this excites me more than other potential wins. To be called an industry partner, how big is that? Again, I believe it speaks volumes both about the PbC and the management team that worked with NSC.

    Convinced Cummins to send a team of engineers to Florence, KY to work with ePower not once, but multiple times. Free of charge. Does anyone really believe that Cummins would do this out of the kindness of their heart just to help a struggling start-up as a favor?

    Convinced the Navy to use the PbC in their zero-emission test location. Yeah, we'd like to hear more about that and other initiatives, but anyone here that has either been in the military or worked in or with any government agency on any type of procurement knows things don't happen over night.

    Worked with BySolar and now the Coatesville initiative and convinced them that the PbC is the best solution. That didn't happen by itself. Someone at Axion spearheaded those.

    There's a few other things in the works so we've been told. I believe DDG is going full-speed ahead on many fronts and I don't believe selling the company is one of them. Within the next few months perhaps one of them will come to fruition. Once tax-loss selling is done, the price should start walking up a bit and it wouldn't take much news for us to avoid the priceless conversion scenario.

    I'm staying long.
    Dec 28, 2014. 10:38 AM | 21 Likes Like |Link to Comment
  • Axion Power Concentrator 384: Dec. 17, 2014 [View instapost]
    I've actually been a buyer here. The reasons that made me buy at .10 have not gone away so .02 seems like a good decision. I do think DDG is doing the things he needs to do and the technology for sure hasn't changed. We just need one catalyst to see a huge gain and I think we'll see it soon. Of course I've been saying that for years but this time I mean it. :-).
    Dec 23, 2014. 01:18 PM | 21 Likes Like |Link to Comment
  • Axion Power Concentrator 384: Dec. 17, 2014 [View instapost]
    Great Article. Too bad it doesn't have the correct contact information at the end.
    Dec 22, 2014. 11:13 AM | 6 Likes Like |Link to Comment
  • Jay Bowman's December 5th Update [View instapost]

    Yes and Yes

    I still believe Axion will be a big deal. I got in too early, I now realize that. But I'm not worried in the least about the future of the company.
    Dec 9, 2014. 08:17 AM | 5 Likes Like |Link to Comment