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bangwhiz

bangwhiz
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  • Axion Power Concentrator 245: June 19: Axion Power Reports First Quarter Results For 2013 [View instapost]
    I don't know if you've looked at the Google Doodle of the day, but I am certain the person at the end of the line on the right owns Axion stock.
    Jun 21 07:00 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 245: June 19: Axion Power Reports First Quarter Results For 2013 [View instapost]
    I told a friend I would take the summer off from the APC's but as I watch the price slide whenever I log into my brokerage site I get sucked into reading the APC's again for help in reading my very dark and cloudy crystal ball. When I peer deep enough all I see is JR rubbing his hands together and cackling gleefully!

    This stock reminds me of the book "Riptide" which is based on the famous hunt for buried treasure at the bottom of the "Water Pit" on Oak Island. No matter how deep the price falls the bottom continues to be ripped out of it and I'm no closer to the treasure!

    The only way to hold this stock is with DRich's attitude and remember that as he told Valleywood, the price will be lower than whatever you paid for it. The only thing I am confident of holding this stock is that Robert Averill, who owned 3,772,059 AXPW shares in 2009, and who just sunk another $750,000 into Axion is no fool. He's been with Axion since 2004 and I think he wrote the check to buy the New Castle battery plant. I can't imagine he took a shot into the dark.

    He's 72 and my experience working with older business people as a consultant was they were only interested in "Now" not later. So, here's to Bob! Push this beast across the finish line!
    Jun 21 06:30 PM | 18 Likes Like |Link to Comment
  • Axion Power Concentrator 245: June 19: Axion Power Reports First Quarter Results For 2013 [View instapost]
    It's the fourth quarter for Axion no matter how you slice it after the last capital raise. There's no time left to change either the quarterback or the coach. They have to win or lose with the management team they've got now - good, bad or whatever.
    Jun 20 02:47 PM | 17 Likes Like |Link to Comment
  • Axion Power Concentrator 244: June 14: Axion Power Reports First Quarter Results For 2013 [View instapost]
    I think Job had it easy compared to owning Axion! Still "hoping, and praying, wishing and waiting" as the old popular song said. I think I'll take a break from reading the concentrators for a while. Just makes me that much more impatient. As my grand mother taught me - "A watched pot never boils." Taking the summer off from Axion unless something great happens which would arrive by email from Axion.
    Jun 19 02:11 PM | 11 Likes Like |Link to Comment
  • Axion Power Concentrator 244: June 14: Axion Power Reports First Quarter Results For 2013 [View instapost]
    Interesting article and summary Inndelco. Even more interesting that the BMW manual transmission SS system got a grade of D by Road and Track for being "distracting" on restart and that BMW was working with Axion's PbC towards an improved SS system.
    Jun 15 04:10 PM | 6 Likes Like |Link to Comment
  • Axion Power Concentrator 244: June 14: Axion Power Reports First Quarter Results For 2013 [View instapost]
    I don't place market trigger orders. I place limit orders with a sufficiently high enough price that I will probably catch a major uptrend. The last time I did it with Axion I think it was with a limit trigger order at .40 when it was in the .20's.
    Jun 15 03:53 PM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 244: June 14: Axion Power Reports First Quarter Results For 2013 [View instapost]
    In my case HTL (and JP) I just reached a point where I couldn't stand staying in any longer financially and then things got interesting enough and at so low a pps that I couldn't stand staying out any longer.

    I did consider that I could probably get back in later with the same exit money for more shares later, but it wasn't a strategy move out. It was a "no mas" exit for me.
    Jun 15 03:50 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 244: June 14: Axion Power Reports First Quarter Results For 2013 [View instapost]
    Question for the tape watchers. What happened for there to be a trade for yesterday's high - .265?
    Jun 15 11:21 AM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 244: June 14: Axion Power Reports First Quarter Results For 2013 [View instapost]
    A wacky view of my moving to the sidelines on AXPW.

    I have a tendency to completely screw up some calculations so please correct any ignorance displayed. I only got 4 hours sleep last night and no, I wasn't having any fun. I sold all my shares at .3246 because a 70% loss was my red line. I recently bought half the number of shares I had before at .195. If I increase my holdings by purchasing all the additional shares I can buy with the money I got when I exited at .3246 I will gain more then 50% more shares.

    Now here's the way I view it. Selling at .3246 and rebuying at .195 is the same as a short sell. The lower purchase price for the same number of shares represents a profit in money recovered, plus you have a tax loss on the sale. You are providing your own margin money on the short sale with no interest. All this is only true if you rebuy later.

    Now what is stupid about this view? Oh! You might miss the big pop. So you had better be reasonably certain about a continuing fall in price at least in the near term. You can protect yourself somewhat with a trigger order if the pps hits a certain number. You might have a fewer number of shares but if you calculate the trigger order properly you can greatly minimize the damage.
    Jun 15 10:54 AM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 243: June 11: Axion Power Reports First Quarter Results For 2013 [View instapost]
    APC on Chrome vs Internet Explorer. USE CHROME ON SEEKING ALPHA!

    I got curious about the IE vs Chrome issue on SA. I am using a old Dell 2Ghz dual core laptop. I normally use Chrome. When I visit SA or an APH thread my laptop flies to the end of the thread.

    So I cranked up IE and went to the SA home page. It loaded slower than paint drying. Then I went to My Feed. Clicked on latest APH post and IE practically died. Nothing was moving. Then IE popped up a message that said a script on this page is causing IE to run slowly. It added that if I let it continue to run my computer might become unresponsive. So I shut IE down.

    Same computer - same pages - Chrome crushed IE.
    Jun 14 04:54 PM | 7 Likes Like |Link to Comment
  • Axion Power Concentrator 243: June 11: Axion Power Reports First Quarter Results For 2013 [View instapost]
    Yeah, thanks Inndelco. Guess I'll just try to have some idea how strong the wind is going to blow each day.
    Jun 13 08:52 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 243: June 11: Axion Power Reports First Quarter Results For 2013 [View instapost]
    Wow! Because I was out of the stock I didn't notice the frustrations many Axionistas are expressing. No angst when you don't have any. This is a highly speculative stock. Like many, I got the timeframe wrong and got burned for a 70% loss I could not afford, but better to get a 30% refund a while back than have my old position at .19-.20.

    When I returned to trading again I mostly looked at a better class of stock at higher prices. I took one very small position in Axion again hoping for a strategic partner, but the way things were happening I decided it wasn't in the cards a couple days before the CC and got out again. No loss worth calculating.

    Now older, wiser, and battle-scarred I bought AXPX again, and I didn't go bangwhiz and go all in. I bought an amount in dollars that if I lost it all I wasn't going to jump out a window. It was an amount I could afford to lose - big change.

    My first year trading I had a 60% return and I took big risks doing it. The second year I lost 70%. Got to damn big for my britches. Now, I have become a lot wiser and a lot more cautious. That and a rabbit foot might get me a reasonable return - but who knows? I will never invest in a stock again just because I like the technology. You put money in the bank - not technology!

    Why did I reinvest in AXPW? I made a business judgement that Axion would do everything possible to conclude a deal on BMW and close any piece of business they had half a shot at. They are in a shark tank full of merciless sharks. Will they make it out of the tank? Bob Averill thinks they will or he's nuts. I'm betting on Bob and the BMW partner. All the rest of the deals are potential life vests if needed. Guess I should put in a stop loss at 10 cents. No use pissing it all away. I could buy a new toy with the change!
    Jun 13 05:39 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 243: June 11: Axion Power Reports First Quarter Results For 2013 [View instapost]
    Must be the roadway vehicles since EPA probably assumes they are out in the boonies, right? And yes Tim, I'm snorkeling. Down 1/10th of a penny at the moment. Oh, the humanity!
    Jun 13 12:13 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 243: June 11: Axion Power Reports First Quarter Results For 2013 [View instapost]
    Billa> In my view you have to accept turbulence to hold this stock at all. It has so many ways for it to be manipulated only JP could probably figure them all out. My only interest in PPS at this point is to recognize valid buying opportunities with halff a chance of their staying afloat. Just MHO.
    Jun 13 03:38 AM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 243: June 11: Axion Power Reports First Quarter Results For 2013 [View instapost]
    SPFM> I have a feeling you are going to be in "listen only" mode soon.
    Jun 13 03:33 AM | 2 Likes Like |Link to Comment
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