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bangwhiz

bangwhiz
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  • Eye on Energy Storage: A Tough Year and a Mixed Quarter [View article]
    The comments in this thread have me convinced enough to salt away a small investment in Altair at current or lower prices if market pulls back further from Monday 10/4's drop. Nothing big, just enough to wet my beak.
    Oct 5, 2010. 12:50 AM | Likes Like |Link to Comment
  • The EV is dead. Long live the PHEV-10 [View instapost]
    I spent a lot of time in the Fairbanks Alaska area and winter plugs for keeping engines warm were everywhere. Don't know how the batteries of PHEV's or BEV's are going to work out at the typical -20 to -30 degree winter time temperatures. If you get stuck somewhere, better have an engine to run the heater - you can freeze to death pretty quick if you have no heat in a stalled car on some back road.
    Oct 4, 2010. 12:06 AM | Likes Like |Link to Comment
  • Eye on Energy Storage: A Tough Year and a Mixed Quarter [View article]
    DR, would you please keep some of this BS to yourself - it is the last story a wide-eyed newbie like me wants to hear! I'm still in the "picking daises and dancing in the sunshine" stage.
    Oct 3, 2010. 11:00 PM | Likes Like |Link to Comment
  • Eye on Energy Storage: A Tough Year and a Mixed Quarter [View article]
    If you are truly LONG you can always sleep at night. However, that brings up the question, "how long is long?"

    I can immediately think of another stock I don't worry about - CHP. I am not selling it (thanks to John for discouraging me from selling it at 18 cents) and I have no idea when it will go up - or out of business for all I know. Some stocks end up on blocks with the wheels gone sitting in your portfolio forever - an eyesore you are hoping cleans itself up with no more aggravation or investment on your part.

    Only vaguely related but I actually met a fellow who wanted to borrow some money from a group of friends. When we asked why he said his wife had left him and he had gone to a fortune teller and asked if she was coming back. The fortune teller told him, "Yes". He then asked, "when?" She said, "soon".

    He wanted to borrow the money so he could see the fortune teller again. When we asked. "why?" he said because he wanted to know "how soon, soon was!"
    Oct 3, 2010. 10:12 PM | Likes Like |Link to Comment
  • Eye on Energy Storage: A Tough Year and a Mixed Quarter [View article]
    If anybody read the test results presented in Istanbul from BMW on Axion's Pbc and the Stop Start battery tests criteria being recommended by Ford and BMW for Europe - and noted that only Axion's battery met the stop start criteria that Ford and BMW advocated - AND STILL TOSSES ROCKS AT AXPW? - then they are probably the kind of person who likes Glenn Beck's TV show and agrees with him.

    The only stock I don't worry about day to day is AXPW and regardless if it stays at its current higher price, or hopefully drifts back down, I am increasing my position. Let me point out that that Axion has sufficient funding to see development of its production process completed, a clear technological advantage, and a huge developing market for high quality lead-acid stop-start automotive batteries.

    Does anyone in their right mind believe BMW would spend a year evaluating AXPW's battery if it was just a shot in the dark? Get real!
    Oct 3, 2010. 11:58 AM | 1 Like Like |Link to Comment
  • Alice in EVland: 6 Impossible Things I Believe [View article]
    Now there's a hell of a battery!
    Oct 1, 2010. 09:25 PM | Likes Like |Link to Comment
  • The EV is dead. Long live the PHEV-10 [View instapost]
    Many people would disagree with you on both your costs now and the potential to cut them in half. However, I am not technical enough to debate it with you, but I am observant enough to know many people who would disagree with you.
    Sep 30, 2010. 11:03 PM | Likes Like |Link to Comment
  • Interesting Times in the Stop-Start Systems Market and the Battery Sector [View article]
    John has been impressed by what he knows I think, but they aren't public so he doesn't cover them. Search John's articles or comments if you want to know more. Perhaps John will comment. I do believe they are for real with a good product.
    Sep 30, 2010. 10:12 PM | Likes Like |Link to Comment
  • Interesting Times in the Stop-Start Systems Market and the Battery Sector [View article]
    CRTP does not currently sell to any auto manufactures - they say it is cut throat low ball prices with poor or no margins and they walked away from it. They have 26% of the renewable energy business in China and Google has been buying big repeat orders from them for UPS purposes. 36% of sales are China, Hong Kong - 64% international. They also sell a lot of batteries in the telcom and mobile telcom space both in China and worldwide. They focus on profit - not sales for the sake of sales.

    They are smart and would probably buy Axion's carbon electrodes in a heart beat when proven and available and make Pcb batteries for S/S.
    Sep 30, 2010. 10:08 PM | Likes Like |Link to Comment
  • Interesting Times in the Stop-Start Systems Market and the Battery Sector [View article]
    I have 200 shares bought on the downturn when they missed the earnings call by 16% because of a production bottleneck caused by their new factory operating in a building under construction without sufficient room for a proper workflow. They will fix that. I could never decide which I liked better - ABAT or CRTP - so I will hold both.

    I did exhaustive homework on CRTP, listened carefully to the conference call, read all the 10K's and 10Q's and I am very bullish on them for the next two battery seasons - 2010 - 2011. They usually peak in April. You can sell on the high after Q4 reports and doing it all over again 2011-2012 when they will have doubled production capacity by September 2011 for the following battery season.

    If you want to hold it after April you can buy more on the summer pullback because Q1 and Q2 are usually soft quarters. There Q1 and Q2 sales were both up 50% this year over last year. Profits also doubled Q1, but slid in Q2 because of the space issue in their new factory.

    They have two factories. Their original factory runs like a top. The workers in the second factory are new and not as efficient, but they will fix probably fix that that by cutting off a few heads in public and I bet the new workers will get up to speed in a hurry! after that "motivational" push.
    Sep 30, 2010. 10:00 PM | Likes Like |Link to Comment
  • Interesting Times in the Stop-Start Systems Market and the Battery Sector [View article]
    Read all John's comments on C&D
    Sep 30, 2010. 04:38 PM | Likes Like |Link to Comment
  • Interesting Times in the Stop-Start Systems Market and the Battery Sector [View article]
    I tried to look into it because it seemed they would not be my first choice for that project. Hell - I'd probably give it to you over them. I couldn't find the RFP, the award data - nothing - just an announcement followed by some ads by C&D looking for L--ion technical staff including a management level position.

    So if you know the answer tell us because I drew a blank trying. If the bidding process cut down the bidders to 3-4-5 or so, and then the award was based on price among those bidders, then I assume they won it on price.
    Sep 30, 2010. 04:25 PM | Likes Like |Link to Comment
  • The EV is dead. Long live the PHEV-10 [View instapost]
    "The Hyundai Sonata plug in, likely in around 2013, with about a 20 mile EV range, should be a fine car." That car will do well. When they put that capability into their smaller cars then they might really sell - like the Elantra especially.

    renim, with that $388 per KWH you discount MRTTF's comments on cheap "email" batteries? They have to be assembled into packs also.
    Sep 30, 2010. 04:10 PM | Likes Like |Link to Comment
  • Interesting Times in the Stop-Start Systems Market and the Battery Sector [View article]
    My approach to trying to appraise management is to get the officers names and google them. That usually will let you find resumes or career summaries that were released via press releases at various times by companies during their careers. Better than just a name. You can see how the companies did where they worked, how long they were there, etc. One other consideration I use is "how smart were the people who hired them?" If it was Warren Buffet that's a plus - if it was Joe Nobody that is a negative. If they went to work for a rat hole company that is a big negative. Don't overlook professional memberships and if they were active in them. Speeches, position in the association, etc.

    Just before the meltdown at C&D they won a $14M contract from the Army to develop large format lithium ion batteries.
    Sep 30, 2010. 03:50 PM | Likes Like |Link to Comment
  • Interesting Times in the Stop-Start Systems Market and the Battery Sector [View article]
    My account is frozen while in ACAT status. I plan to buy a lot more, but now I'll have to pony up a little extra. That's ok!
    Sep 30, 2010. 01:29 PM | Likes Like |Link to Comment
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