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froggey77

froggey77
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  • Kandi Technologies sinks to 52-week low [View news story]
    "exactly an oral agreement. end of story means jack. "

    You seem to believe Kandi had an oral agreement to pay for defrauding investors but they are not in trouble with the SEC so it is OK?

    I consider an unproven case something a reasonable investor could get on either side of.

    I have trouble believing an actual investor would think defrauding investors was OK.
    Irrespective of whether the SEC (or anybody else) went after company or not.
    Edit
    I think I would consider such a stock Kryptonite.
    Jun 3, 2015. 05:56 PM | Likes Like |Link to Comment
  • Debate stirred up over government incentives for Tesla Motors [View news story]
    Raster
    "Consider that an electric car can drive 100 miles on the electricity used to produce enough gasoline to propel a gas car the same distance. "

    All of the energy used and pollution considered in a well to wheels study.
    Not to mention:
    The electricity used to produce Gasoline is produced in house from burning fractions of the crude that are not used for other products.
    Here is a list of electricity producers who sell to the grid in Texas. Some are refiners such as Exxon.

    http://bit.ly/Pr6fuz

    The main need for refiners is heat and the extra heat is turned into electricity and sold.
    Jun 1, 2015. 08:55 PM | 1 Like Like |Link to Comment
  • Kandi Technologies sinks to 52-week low [View news story]
    "136.
    In approximately September 2009, Tazbaz and Lockhart traveled to China to meet with Kandi’s CEO. In that meeting, Kandi’s CEO reached an oral agreement with Tazbaz and Lockhart as follows:
    a.
    Kandi agreed to provide Tazbaz and Lockhart with 350,000 additional shares of Kandi; "

    That's Kandi financing the manipulation not a victim.

    While the SEC investigation may be over according to this, the management has participated in a plan to manipulate the stock and "Defraud" the investors in Kandi.
    So according to the SEC you have a management willing to pay to have people to defraud stockholders.
    If true (Has yet to be proven in court):Is this a company you want to buy stock from? As in if they have defrauded investors before would they do it again to you?
    The SEC may be done with it but if those people are found guilty which including colluding with the CEO of Kandi, for investors this part will always be a question.

    Your money your choice.
    Jun 1, 2015. 08:24 PM | 1 Like Like |Link to Comment
  • Debate stirred up over government incentives for Tesla Motors [View news story]
    Manfred

    "Holy Heck guys, If we lived anywhere in Texas (oil) or California (tech) we'd surely be hoping somebody was paying attention to the weather. What kind of stupidity promotes this debate ? "


    Life cycle air quality impacts of conventional and alternative light-duty transportation in the United States
    http://bit.ly/1I3d4wG

    "Society is in the midst of a great effort to understand and mitigate anthropogenic greenhouse gas (GHG) emissions and their effects on the global climate (1⇓⇓⇓–5). However, GHG damages are not the only environmental impact of human activities, and are often not even the largest. In transportation, for example, non-GHG air pollution damage externalities generally exceed those from climate change "

    Across most of the country EVs are dirtier than ICE. Using the average US grid Air pollution from building and powering an EV will cause 80% more deaths than building and driving a conventional ICE.

    This is despite the ICE causing pollution in the city and the EV causing pollution elsewhere.
    While California has limited Coal Texas has about the national average (As of 2013 the latest figure I could find in a quick search.) at 37% and would be worse than a conventional car. With 80% more pollution related deaths.
    Jun 1, 2015. 07:49 PM | 1 Like Like |Link to Comment
  • Debate stirred up over government incentives for Tesla Motors [View news story]
    Frac
    Your interesting link (Thanks for that) unfortunately :
    1. It uses a study is a bit out of date (February 2009).
    2. It assumes Coal is 50% of the grid. Which take us back to 2008 or earlier.
    3. While it talks about other emissions it only seems to use GHGs (Green House Gasses). (Although it includes the GREET model it does not say which one. While it now includes Electricity production GREET didn't until 2010.

    For instance in my area it says have 72% coal. Yet the emissions are lower for an EV.


    The latest large study I am aware of in the PNAS (Proceedings of the National Academy of Sciences)
    Life cycle air quality impacts of conventional and alternative light-duty transportation in the United States
    http://bit.ly/1I3d4wG
    "Air pollution-related human health impacts for each scenario (PM2.5- and O3-related mortalities, and the corresponding monetized damages) are shown in Fig. 2. Total impacts range from 230 mortalities per year ($0.14 per gallon gasoline-equivalent) for the WWS EV scenario to 3,200 mortalities per year ($1.94 per gallon gasoline-equivalent) for the coal EV scenario. Estimated mortality impacts from PM2.5 are approximately an order of magnitude greater than those from O3. Damages from the production of EV batteries are shown separately in Fig. 2. Scenarios with substantially decreased air quality-related health impacts compared with gasoline include gasoline hybrid vehicles (30% decrease) and EVs powered by natural gas or by WWS (50% and 70% decrease, respectively); scenarios with substantially higher damages than gasoline include corn ethanol (80% increase) and EVs powered by grid average or coal electricity (200% and 350% increase, respectively). "

    I will point out a few things:
    Since this study was submitted a newer GREET study has come out and it will be updated. (Or replaced.)
    While it talks mostly about Ozone (03)and PM2.5 it actually uses many other forms of pollution both from ICE and electrical sources.
    It also includes geographic location as in an ICE is puttering down the street and causing pollution whereas the EV may be causing pollution at night 100 miles away and still it comes to the conclusion an EV charged from coal source will cause 3.6 times the deaths from air pollution.
    The study includes the mining of materials, the making of the vehicles and the making of the fuel/electricity that goes in them.

    Let me add there are sources of electricity far cleaner and will make the EV a much cleaner vehicle to drive than an ICE. If the EV is built and driven powered by WWS (Wind Water and Solar) energy sources, they cause 1/4 the pollution of an ICE.
    Jun 1, 2015. 07:09 PM | 3 Likes Like |Link to Comment
  • Kandi Technologies sinks to 52-week low [View news story]
    Lost part of the comment and I can't edit it. Oh well I wrote it last night and don't have time to fix it.
    May 31, 2015. 06:26 PM | Likes Like |Link to Comment
  • Kandi Technologies sinks to 52-week low [View news story]
    On Pages 42 and 43 we find
    "F.
    Tazbaz, Lockhart, and
    Becker Orchestrated a Scheme to Defraud Through Manipulative Trading in a Third Chinese Issuer, Kandi Technologies
    132.
    From approximately April 2009 through at least December 2010, Tazbaz,
    Lockhart, and Becker orchestrated a scheme to defraud investors of a third Chinese issuer, Kandi Technologies Group Inc., primarily through manipulative trading in Kandi’s stock."
    .....
    "136.
    In approximately September 2009, Tazbaz and Lockhart traveled to China to meet with Kandi’s CEO. In that meeting, Kandi’s CEO reached an oral agreement with Tazbaz and Lockhart as follows:
    a.
    Kandi agreed to provide Tazbaz and Lockhart with 350,000 additional shares of Kandi;
    b.
    Despite Kandi’s prior oral agreement that the Kelley Group would cover certain expenses related to maintaining Kandi’s public listing for the first two years after going public, Kandi agreed to cover certain additional of its own post-public expenses;
    c.
    In exchange, Tazbaz and Lockhart agreed to pay U.S. stock promoters to tout Kandi; and
    d.
    Tazbaz and Lockhart further agreed to orchestrate U.S. stock promoters to manipulate the trading of Kandi stock to increase its price to at least $3 per share within three months "

    According to document User linked to, the CEO of Kandi met with them and made a deal with them to manipulate the price of Kandi's stock.
    I'm not that familiar with the legalese but that's not what I would consider "Clearing" Kandi in any way shape or form.

    t0nutz
    "User were the heck does it say the they don't want to persue do to it being in china????? what page?? I find nothing of this reference anywhere. "

    "In approximately September 2009, Tazbaz and Lockhart traveled to China to meet with Kandi’s CEO. In that meeting, Kandi’s CEO reached an oral agreement with Tazbaz and Lockhart as follows: "

    AFACT (As Far As I Can Tell ) all of the indictments are specific SEC rules, Mail fraud etc. Kandi's CEO is unlikely to have the knowledge to do any specific act other than giving them access to stock (Which as I pointed out above, User's document says Kandi's CEO did give them stock; to the tune of 350,000 shares.)
    http://tinyurl.com/pf7...

    The SEC may not charge him but clearly they believe he did it.

    "....the U. S. Securities and Exchange Commission (the "SEC") advising that the Division has concluded its investigation of Kandi and, based on information received to date, does not intend to recommend to the Commission that any enforcement action be brought against Kandi. ..."
    http://tinyurl.com/oth...;FilePath=015>;FilePath=\2015\02\17\&CoName=KANDI+TECHNOLOGIES+GROUP,+INC.&FormType=8-K&RcvdDate=2/17/2015&amp27\...

    Not exactly "Cleared of all charges." but rather
    "So far, We don't think they are planning to charge us."

    These are charges against these guys and a statement of Kandi's CEO of wrongdoing. Charges however are not guilt nor are statements/opinions of wrongdoing. Charges have to be proven in court.
    Statements/Opinions have to become charges before they are sent to court.

    Make up your own mind.
    May 31, 2015. 06:22 PM | 1 Like Like |Link to Comment
  • Norway Approves Shell Proposal To Use The Transocean Barents [View article]
    Rig has been making lower lows and lower highs (Until it more or less flatlined into the last 50% drop) since the crash in 08.
    This is while oil price and other offshore drillers were rising multiples.
    Not to mention rig entered into this downturn with one of the oldest fleets.
    Which means the company wasn't spending their there.
    According to Yahoo's chart SDRL was paying larger Dividends and the price of SDRL went up over 4X during that same period.
    Other than a turnaround story I don't get it. RIG looks like something I would have avoided for a few years now.
    I will admit I'm a newbie to this area so would someone take a shot at educating me?
    May 17, 2015. 08:45 PM | Likes Like |Link to Comment
  • 2 Incremental Positives For Tesla In California [View article]
    Slevental
    "I recently heard that the state representatives of Michigan are considering to put special tax on EVs"

    There are a couple of states already taxing EVs for road use.
    About $100 Yearly. (If memory serves.)

    I'll use round numbers as every state is different.
    Assuming 10,000 driven per year by an ICE that gets 20 mpg you will use 500 gal of gas.

    According to the American Petroleum institute The National average tax on a gallon of gas is:
    $0.48 per gal but a bit over 20 cents goes to the Fed and 9+ cents is listed as other leaving 18.85 cents as Excise tax. (I'll round to 20 cents.)

    500 gal X .20 = $100.

    How much tax an ICE driver actually pays depends their specific state on how much they actually drive and how good their gas millage is.
    A Prius is in the area of 50 mpg and other cars far worse than 20.
    In some states you would probably still get a better deal with EVs in other stated worse.
    http://www.api.org~/media/files/stat...

    Is $100 a year likely to make a major difference to people who buy EVs?
    I doubt it.
    May 17, 2015. 06:34 PM | 1 Like Like |Link to Comment
  • Why I'm Buying Planet Payment Hand Over Fist [View article]
    Derek
    ".just wondering if the Seeking Alpha hype will get it back cheaper :)

    Ditto on that.
    May 14, 2015. 08:36 PM | Likes Like |Link to Comment
  • Why I'm Buying Planet Payment Hand Over Fist [View article]
    Ace
    "Funny article on a little penny stock with really bad fundamentals. "
    At $2.57 you're pushing the limits of a penny stock description.

    " Additionally there has been a great deal of insider selling."
    Well according to Yahoo there has not been a sale since Sept 8. over 8 months ago and one purchase since then.
    Perhaps you looked at PYDS which truly is a Penny stock (At $0.33) and has a ton of insider selling. I did note however; nearly all of the sales for the last year can be attributed to one guy. The most recent other sale by anyone else was 9 months ago. ($2,600)

    Your interesting link (Thanks for that) gives it :
    http://bit.ly/1FlBnoO
    9/10 on financial stability which for a 'penny stock' seems exceptional.

    4/10 on growth which isn't a buy but it's not a screaming short either.

    Perhaps you or the people who gave you a thumbs up could enlighten me as to why you think this is a short candidate?
    No I don't own any of the stocks mentioned but I'm possibly interested.
    May 14, 2015. 08:27 PM | 4 Likes Like |Link to Comment
  • Turns Out A Tesla Supercharger Costs 2 Or 3 Times What Elon Musk Said [View article]
    Adam
    " A bad lead would cost either side money. "

    Not really; If you think the financial information is important you have no business being long in Tesla. This is minor compared to stuff Elon has claimed.

    Take the Q 2Earnings call.
    http://seekingalpha.co...
    July 25, 2012 5:30 p.m. ET
    "Elon Musk - Chairman, Product Architect, and CEO
    Well, the only two things we’re considering are raising zero money or a small amount. There’s not some third option. Then if we raised a small amount of money, it would be probably half of it for cushion value and then half of it for future projects which would be the Model X and the Gen III. We’ve got to come up with a better name than Gen III by the way. [laughter] "

    Within 25 hours a CPA wrote an article on SA saying Tesla wouldn't make it through the Q That's 2 months 5 days from the call

    Is Tesla Motors running out of money — again?
    Matthew DeBord September 28 2012
    (Three days before the CPA's deadline.)

    http://bit.ly/1cudDBY
    "The bottom line is that Tesla needs money to keep pace with its payments to the DOE and expects to be able to raise said moolah with the second offering"

    But if you go back to the transcript you find this little tidbit:
    "
    Amir Rozwadowski - Barclays
    And then if we’re thinking about the demands on your cash for the near term. I was wondering when do you expect to start paying back the DOE loan?

    Deepak Ahuja - Chief Financial Officer
    We start paying that back in December of this year.

    Elon Musk - Chairman, Product Architect, and CEO
    We’re required to pay it back in December. We’ll start paying it back no later than December.

    Deepak Ahuja - Chief Financial Officer
    And then there’s quarterly payments thereafter.

    Amir Rozwadowski - Barclays
    So in terms of the demands on your cash, that’s factored into your expectations for where you will end fourth quarter cash in terms of a relatively okay position?

    Deepak Ahuja - Chief Financial Officer
    Yes.
    "
    So they claimed they would end up fine in the 4th Q including paying the DOE loan and didn't make it to the 3rd Q and this was in Q2.
    And A CPA could predict this in less than a day after looking at their numbers but Elon and his CFO with far more time couldn't?

    In the May call of 2013 no mention of another raise but 2 weeks later there was one. Much of this one was used to pay off the DOE loan. (That Tesla was likely in danger of falling afoul of the covenants there. )

    Many have disputed his is why but other than to say, "WE did it!"
    Why would any company get a higher cost loan to pay off a govt. loan early unless they had to?

    After they are proven wrong about the finances the longs have just continued on their merry way. This is minor.

    Tesla stock just a show and I'm here for the entertainment.
    May 12, 2015. 06:13 PM | 4 Likes Like |Link to Comment
  • Turns Out A Tesla Supercharger Costs 2 Or 3 Times What Elon Musk Said [View article]
    Randy
    In this link Musk says most of the early stations were at highway stops with little to Zero costs.
    http://bit.ly/1cPn8ME
    Key Take Aways From The Tesla Motors Annual Shareholder Meeting
    Jun. 5, 2013

    In this July article They describe the partner program where Tesla would pay all of the costs but are just spots in the partners parking lot. Called "hosts"
    Inside Tesla’s Supercharger Partner Program: The Costs And Commitments Of Electrifying Road Transport
    http://tcrn.ch/13iTliz

    "For “prospective hosts” of Tesla Superchargers, the ask isn’t too steep: Tesla covers all costs, upfront and ongoing associated with installing supercharger stations, according to the documents obtained by TechCrunch. That covers maintenance, as well as power costs, with Tesla optionally offering to install a dedicated meter just for the charging station alone, from which the bill will go directly to Tesla itself.

    The cost for Tesla is between $100,000 and $175,000 depending on the station, and a lot of those come from the permanent modifications needed at the site to support the Supercharger itself. "

    Having seen some pictures most appear to be spots in the lot with a charger. While this may require some cement work etc. I don't think it is a large variable cost as Tesla in many places could have gone elsewhere.
    May 12, 2015. 05:13 PM | 2 Likes Like |Link to Comment
  • Turns Out A Tesla Supercharger Costs 2 Or 3 Times What Elon Musk Said [View article]
    Adam
    The quotes were from early to mid 2013 according to one article there were 8 supercharging stations. Mostly CA and 2 in Delaware.
    none in extraordinarily different areas for labor.

    About the property. From the sited article
    http://seekingalpha.co...
    Key Take Aways From The Tesla Motors Annual Shareholder Meeting
    Jun. 5, 2013

    The supercharger station costs approximately $150,000 to build one, and approximately $300,000 to build a solar super charger station. The on-going maintenance costs are much lower than people estimate according to Elon Musk, and rent for these supercharger stations is zero or very little since they are on highway rest-stops. Elon also mentioned that these low rents are due to the supercharger stations serving as a driver for traffic to these highway rest-stops.

    So little to no land costs and no cheap labor costs either.
    May 12, 2015. 04:43 PM | 1 Like Like |Link to Comment
  • Tesla's Amazing Powerwall Reservations [View article]
    Dracut
    Alevo does not mention the weight to energy ratio which considering all the other 'Facts' listed it seems this is likely a show stopper in use for the cars.

    For grid storage weight is irrelevant in most application.
    http://bit.ly/1uBWvQS

    However if I'm understanding this correctly it loses
    20% of its storage in about 2-3,000 cycles
    30+% in 5K cycles
    50% in 12-13K cycles
    While it still has 20-25% at 40K cycles you would have to know a lot more about it and the situation to work out the economics.
    May 11, 2015. 07:52 PM | Likes Like |Link to Comment
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