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alsobirdman

alsobirdman
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  • Axion Power Concentrator 322: Apr. 09 '14: Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    OMG, how many times does John have to say that he will say something when he is able.
    Apr 10 08:18 AM | 18 Likes Like |Link to Comment
  • Axion Power Concentrator 320: Apr. 02 '14: Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    You guys that have a hard time seeing $1 or $2 are thinking of a rational market. Take a look at AMZN, TSLA, or PLUG and tell me how rational they are. AXPW has been on so many people's radar for so many years, that once we see some substantial news, we'll begin our climb up that same hype cycle. The biggest problem initially will be trying to figure out when the peak of that cycle happens so that you can sell a nice portion of your holdings.

    IMO, this is not going to be one of those companies that trade strictly on the historic multiple model. We'll do the hype-cycle thing first. After that, yes you will then need to look at P/E, etc. Not at first.

    When things start moving, I will be thinking 4-5 bucks as an exit point. That might be a year or more from now, but I am very certain that it will happen. Could certainly be sooner with the right news.
    Apr 3 10:55 PM | 14 Likes Like |Link to Comment
  • The Most Interesting Investment In The World: Ethanex Energy [View article]
    Great story. Shows that there is rarely any free lunch as it's obvious that Thomas worked hard for this.

    It's nice when this sort of thing works out. It's something I try to do. Find a good company that is out of favor for some reason, do lots of research into every aspect of the company and its management team and buy when everyone else has given up. It pays off for a patient investor.

    I seem to recall VRMLQ made a few people very wealthy as a BK to riches story.
    Apr 3 12:57 PM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 320: Apr. 02 '14: Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    Yep, PY. I don't plan on selling any until my $2.10 shares are in the green.

    Sooner or later we are going to get caught up in the hype cycle. IMO, we will hit in the 4-5 dollar range when that occurs. May sell some then and see what happens.

    I am also dreaming that in a few years when we are wildly profitable as a company that we could see a dividend. Wouldn't it be sweet to get a dividend of more than you paid for the stock?
    Apr 3 12:36 PM | 10 Likes Like |Link to Comment
  • Axion Power Concentrator 319: Mar. 31 '14: Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    OB, if you're a simplton than I am as well. I agree with you 100%. I wish some folks here would start their own concentrator and they can P and M all day and not interfere with constructive discussion regarding Axion.
    Apr 1 12:12 PM | 16 Likes Like |Link to Comment
  • 17.8%-Yielding CEFL - Diversification On Top Of Diversification, Or Fees On Top Of Fees? [View article]
    Thanks for the info, Lance. I like the fact the list of CEF's included for the most part are trading for less than their NAV. That is one of the things I look for, particularly if they are not always at a discount. GGN is a big part of my portfolio as well, as it was hard to pass up a few months back at $9, even with the divvy cut, which will be temporary, IMO.

    I'll look into CEFL.
    Mar 28 03:52 PM | Likes Like |Link to Comment
  • Axion Power Concentrator 317: Mar. 22 '14: David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    I'm afraid most of you are reading this all wrong.

    It appears that Mr. Graham was such a good CFO and others know it, that it got him a substantial increase in pay. He would be nuts to turn it down. Nobody here would do so.

    No need to feed into the already excessive negativity around here unless one of you know for a fact that the reason for his departure is something other than stated in the PR.
    Mar 26 04:51 PM | 18 Likes Like |Link to Comment
  • Is the sun rising on Daybreak Oil and Gas? [View instapost]
    My guess is that the Levignes were in a hurry to develop the CA and KY fields and did not want to wait to drill them as revenues allowed. Perhaps they wanted to issue shares in order to increase the pace of drilling. Jim has repeatedly told me that his plan is to fund drilling with revenues, and he has also told me he will never do anything to hurt existing shareholders.

    I'm not a fan of debt financing either, so I'm all on board with a slow and steady approach for now. Last week they started drilling the 6th well in KY and have announced that they will be drilling four wells before giving the rig to another operator for them to drill four. They'll continue rotating the rig in that matter until 20 more wells are drilled in KY this fiscal year. Since the wells drilled so far are producing over 250 BOPD, that means we are getting roughly 60 net to us from each well. That will go a long way to funding drilling.

    Since these wells are also producing enough gas to cover pumping costs, it won't take long for revenues to cover drilling costs for each well and then the ongoing revenue will fund more drilling. Seems like a sound plan to me.

    Check the company website for a link to last week's PR. Each well there takes 4-5 days to drill, then a week to frack and get on production. They started #6 last Wednesday so should be finishing that one up sometime next week.
    Mar 25 12:34 PM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 317: Mar. 22 '14: David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    Yes, Maya, I tend to agree. Based upon my years of wrenching on plenty of cars, I am very familiar with that type of battery terminal. Probably weigh a couple ounces or so.

    However, what can we infer based upon the potential number of batteries that can be built from this order. I'm sure there is some kind of quantity discount offered on the purchase of said terminals so it seems it would be prudent to buy a large quantity at one time. Can we make a guess that this is a year's worth, 6 months, or ?? Also have to wonder what the lead (rhymes with weed) time is for these terminals. That would impact a buying decision.

    The optimist in me sees that they needed a whole bunch of them because they need to build a whole bunch of batteries. Time will tell.
    Mar 25 10:24 AM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 315: Mar. 15 '14: David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    Touche, John. I love it when you counter emotion-based conjecture with fact.
    Mar 17 08:55 AM | 8 Likes Like |Link to Comment
  • Axion Power Concentrator 314: Mar. 13 '14: David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    Hey Valley,

    I'm going to be in Raleigh next week. Where would I drive if I wanted to look for such a spectacle.
    Mar 13 09:53 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 314: Mar. 13 '14: David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    Cool. Took a break from shoveling snow and won first place!
    Mar 12 04:37 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 313: Mar. 11 '14: David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    I'm not thinking about the GoRail train being electric, although that would be cool, but rather that it would be a very opportune time to announce their plans for the future as related to battery power.
    Mar 12 03:37 PM | 9 Likes Like |Link to Comment
  • Axion Power Concentrator 313: Mar. 11 '14: David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    I'm with you, Maya. IIRC, the "big surprise" was to be revealed on Thursday, National Railroad day. Would be a perfect time to announce electric trains.

    I know, it's dreaming at this point but it would also give credence to TG's "won't be six months" statement, since he would have known about this event.
    Mar 12 11:43 AM | 7 Likes Like |Link to Comment
  • Axion Power Concentrator 312: Mar. 08 '14: David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    @WT - Thanks for that info, but if this is public info, I have to wonder why the " To celebrate, we have a big surprise coming at Railroad Day on Capitol Hill next week." as stated on the FB page. What could the "big surprise" be?

    EDIT - you guys are spoiling my daydream

    2nd Edit - OK, so maybe the big surprise is "and if you like this, wait until you see what we have coming next"
    Mar 8 04:13 PM | 3 Likes Like |Link to Comment
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