Lou Basenese's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/883338/comments http://seekingalpha.com/article/1357351/comments?source=feed#comment-17940031 17940031
http://bit.ly/Zgzqnb]]> Mon, 22 Apr 2013 13:53:58 -0400
http://bit.ly/Zgzqnb]]> http://seekingalpha.com/article/1357351/comments?source=feed#comment-17939961 17939961 http://buswk.co/11vQs0d]]> Mon, 22 Apr 2013 13:52:08 -0400 http://buswk.co/11vQs0d]]> http://seekingalpha.com/article/1340801/comments?source=feed#comment-17673831 17673831 Mon, 15 Apr 2013 22:17:39 -0400 http://seekingalpha.com/article/1335261/comments?source=feed#comment-17532521 17532521 Fri, 12 Apr 2013 08:12:43 -0400 http://seekingalpha.com/article/1318731/comments?source=feed#comment-17205451 17205451 Thu, 04 Apr 2013 08:42:27 -0400 http://seekingalpha.com/article/1318731/comments?source=feed#comment-17183711 17183711
The fact PAMT hired the number #1 M&A investment banker in the U.S. for deals under $3 billion should be a clue here, too.

You think they're going to "sign on" if there aren't legit proposals on the table. Or maybe they're getting duped too.

This is the problem with the internet and SA. Instead of getting their hands dirty, testing the tech, talking with investors, management, outside experts, "analysts" rely on internet searches and others' questionable internet research to piece together flimsy arguments.

As Reagan liked to say, "Trust, but verify." I've done that. If I'm wrong, I'll take my lumps like a man. Time will tell if I need to.]]> Wed, 03 Apr 2013 16:37:13 -0400
The fact PAMT hired the number #1 M&A investment banker in the U.S. for deals under $3 billion should be a clue here, too.

You think they're going to "sign on" if there aren't legit proposals on the table. Or maybe they're getting duped too.

This is the problem with the internet and SA. Instead of getting their hands dirty, testing the tech, talking with investors, management, outside experts, "analysts" rely on internet searches and others' questionable internet research to piece together flimsy arguments.

As Reagan liked to say, "Trust, but verify." I've done that. If I'm wrong, I'll take my lumps like a man. Time will tell if I need to.]]> http://seekingalpha.com/article/1318731/comments?source=feed#comment-17182721 17182721
However, I can attest to the existence of actual technology for UNXL and PAMT and CRDS. So can the blue-chip partners they've announced, which obviously didn't join forces without seeing and testing the technology.

But let's not go there. There's enough back and forth about these companies on SA. The market will decide and prove once and for all who is right.

Good luck to you!]]> Wed, 03 Apr 2013 16:18:57 -0400
However, I can attest to the existence of actual technology for UNXL and PAMT and CRDS. So can the blue-chip partners they've announced, which obviously didn't join forces without seeing and testing the technology.

But let's not go there. There's enough back and forth about these companies on SA. The market will decide and prove once and for all who is right.

Good luck to you!]]> http://seekingalpha.com/article/1318731/comments?source=feed#comment-17182281 17182281
If a company is truly a "pump," would they spend any money on research and development, and specifically, patents?

Nope. There's no need to, nor is their an ability to do so b/c if they're truly a pump they don't really have any technology, right? Plus, there's no reason to waste the money.

And yet, three companies mentioned above (UNXL, PAMT, CRDS) do indeed have patents and continue to file new patent applications.

Just a "minor" point to keep in mind before you rush to judgement about the existence of an actual technology... or worse, rush out to short a company :-)]]> Wed, 03 Apr 2013 16:11:58 -0400
If a company is truly a "pump," would they spend any money on research and development, and specifically, patents?

Nope. There's no need to, nor is their an ability to do so b/c if they're truly a pump they don't really have any technology, right? Plus, there's no reason to waste the money.

And yet, three companies mentioned above (UNXL, PAMT, CRDS) do indeed have patents and continue to file new patent applications.

Just a "minor" point to keep in mind before you rush to judgement about the existence of an actual technology... or worse, rush out to short a company :-)]]> http://seekingalpha.com/article/1305961/comments?source=feed#comment-16954391 16954391
I appreciate the effort to try to loop me into this debate, though, Adam ;-)

Truth is, I've been researching and following Uni-Pixel's progress for almost two years. The back-and-forth and misinformation gets tiring for guys like Chris and I to constantly refute. So I've resigned myself to this beautiful fact of life - the market serves as the final arbiter.

So, as always, time will tell who's ultimately right. Best of luck!]]> Thu, 28 Mar 2013 17:10:23 -0400
I appreciate the effort to try to loop me into this debate, though, Adam ;-)

Truth is, I've been researching and following Uni-Pixel's progress for almost two years. The back-and-forth and misinformation gets tiring for guys like Chris and I to constantly refute. So I've resigned myself to this beautiful fact of life - the market serves as the final arbiter.

So, as always, time will tell who's ultimately right. Best of luck!]]> http://seekingalpha.com/article/1209731/comments?source=feed#comment-16602571 16602571 http://bit.ly/102vgfX]]> Thu, 21 Mar 2013 10:58:43 -0400 http://bit.ly/102vgfX]]> http://seekingalpha.com/article/1111991/comments?source=feed#comment-13724881 13724881
And in future columns I'll start digging into the angles you suggest (limiting to large and mid cap, etc. and evaluating for total return), among others.

So stay tuned.]]> Tue, 15 Jan 2013 09:32:37 -0500
And in future columns I'll start digging into the angles you suggest (limiting to large and mid cap, etc. and evaluating for total return), among others.

So stay tuned.]]> http://seekingalpha.com/article/1111991/comments?source=feed#comment-13722711 13722711
I agree with everyone that novelty is not enough. As investors, patents must be novel AND commercially relevant. If the company can't translate the technology into meaningful profits it's worthless to us.

But since patents are indeed a precursor to products, we'd be foolish not to pay attention to them. It can only increase our investment intelligence.

The metrics presented begin to develop a sense of the quality of patents.

Again, this is merely to encourage a discussion to think more specifically about patents. And I'm confident time will validate such an endeavor.]]> Tue, 15 Jan 2013 08:44:49 -0500
I agree with everyone that novelty is not enough. As investors, patents must be novel AND commercially relevant. If the company can't translate the technology into meaningful profits it's worthless to us.

But since patents are indeed a precursor to products, we'd be foolish not to pay attention to them. It can only increase our investment intelligence.

The metrics presented begin to develop a sense of the quality of patents.

Again, this is merely to encourage a discussion to think more specifically about patents. And I'm confident time will validate such an endeavor.]]> http://seekingalpha.com/article/1056931/comments?source=feed#comment-13408551 13408551 Mon, 07 Jan 2013 15:41:07 -0500 http://seekingalpha.com/article/1068121/comments?source=feed#comment-12694651 12694651 http://bit.ly/VMjxyG]]> Mon, 17 Dec 2012 13:41:41 -0500 http://bit.ly/VMjxyG]]> http://seekingalpha.com/article/1061901/comments?source=feed#comment-12565811 12565811 Thu, 13 Dec 2012 12:05:18 -0500 http://seekingalpha.com/article/1061901/comments?source=feed#comment-12560291 12560291 http://bit.ly/STKphw

I'm also not "touting" ITB all of a sudden. I've been recommending ITB for 9 months, recently trimming up our protective stops (instead of lightening our stake). Most recently, I've been looking for other housing-related plays that haven't moved up as much to capitalize on the recovery from here on out.]]> Thu, 13 Dec 2012 10:19:31 -0500 http://bit.ly/STKphw

I'm also not "touting" ITB all of a sudden. I've been recommending ITB for 9 months, recently trimming up our protective stops (instead of lightening our stake). Most recently, I've been looking for other housing-related plays that haven't moved up as much to capitalize on the recovery from here on out.]]> http://seekingalpha.com/article/1056931/comments?source=feed#comment-12554681 12554681
It's economics. If the model doesn't work without subsidies, it's not a real (i.e. - viable) model.]]> Thu, 13 Dec 2012 08:13:53 -0500
It's economics. If the model doesn't work without subsidies, it's not a real (i.e. - viable) model.]]> http://seekingalpha.com/article/1046681/comments?source=feed#comment-12290871 12290871
And I agree, it's not the perfect comparison with sub-prime, but it gets my point across.

Totally agree about the lock-up, too.]]> Wed, 05 Dec 2012 15:37:01 -0500
And I agree, it's not the perfect comparison with sub-prime, but it gets my point across.

Totally agree about the lock-up, too.]]> http://seekingalpha.com/article/1032531/comments?source=feed#comment-12032541 12032541
The real point is that an online business scales much easier, without as much overhead involved.]]> Wed, 28 Nov 2012 09:48:48 -0500
The real point is that an online business scales much easier, without as much overhead involved.]]> http://seekingalpha.com/article/998321/comments?source=feed#comment-11541121 11541121
I just made an exception in the wake of the bearish views on PAMT and CLIR. I felt it was necessary to provide the other side of the investment case for investors. That's why they appear on SA. And I'll do the same in the future for any other active recommendations, MDB client or not.]]> Tue, 13 Nov 2012 09:01:51 -0500
I just made an exception in the wake of the bearish views on PAMT and CLIR. I felt it was necessary to provide the other side of the investment case for investors. That's why they appear on SA. And I'll do the same in the future for any other active recommendations, MDB client or not.]]> http://seekingalpha.com/article/998321/comments?source=feed#comment-11540651 11540651
We do not have any marketing/advertising arrangements with MDB whatsoever. If we did, we would disclose it like we do with Everbank.

The link you included only shows a snapshot in time. The MicroCap portfolio is weighted towards IP intensive companies and innovators. MDB is one of the only investment banks to focus on IP as an asset class. My focus on the same led me to their companies. And since launching the research service 18 months ago, I've recommended 16 companies - 10 of which are not MDB clients. And I'm finishing up research on two more companies that are not MDB clients. I'd hardly say 6 out of 18 (33%) is disproportionate.

The article got on the site b/c a subscriber provided it to PAMT. I had no involvement.]]> Tue, 13 Nov 2012 08:53:57 -0500
We do not have any marketing/advertising arrangements with MDB whatsoever. If we did, we would disclose it like we do with Everbank.

The link you included only shows a snapshot in time. The MicroCap portfolio is weighted towards IP intensive companies and innovators. MDB is one of the only investment banks to focus on IP as an asset class. My focus on the same led me to their companies. And since launching the research service 18 months ago, I've recommended 16 companies - 10 of which are not MDB clients. And I'm finishing up research on two more companies that are not MDB clients. I'd hardly say 6 out of 18 (33%) is disproportionate.

The article got on the site b/c a subscriber provided it to PAMT. I had no involvement.]]> http://seekingalpha.com/article/998321/comments?source=feed#comment-11520801 11520801
I never "refused to answer whether he had any relationship with MDB Capital or whether him/friends or employers recieve benefit for the defense of MDB Capital companies."

I stated it clearly in the comments of my article (http://seekingalpha.co...)...

"I'm an independent analysis. As I stated, my business at WallStreetDaily.com relies on my providing timely and actionable information to paying subscribers. That is the only source of income for our business. We have never - and never will - accept money or services or anything from companies to write favorably about their stocks. We provide research on what we believe is important. My relationship with management and MDB goes no further than being inquisitive like any other traditional analyst. I reached out to them to find out more."]]> Mon, 12 Nov 2012 17:04:46 -0500
I never "refused to answer whether he had any relationship with MDB Capital or whether him/friends or employers recieve benefit for the defense of MDB Capital companies."

I stated it clearly in the comments of my article (http://seekingalpha.co...)...

"I'm an independent analysis. As I stated, my business at WallStreetDaily.com relies on my providing timely and actionable information to paying subscribers. That is the only source of income for our business. We have never - and never will - accept money or services or anything from companies to write favorably about their stocks. We provide research on what we believe is important. My relationship with management and MDB goes no further than being inquisitive like any other traditional analyst. I reached out to them to find out more."]]> http://seekingalpha.com/article/929821/comments?source=feed#comment-10642931 10642931
You keep obsessing about giving credit to an original inventor. What matters most is a company's ability to commercialize a technology.

Or put another way, I’m most concerned with the process of innovation: taking something that has been discovered, improving it and commercializing it.

Countless examples of this exist in the real world. Like Steve Jobs and the mouse. And Thomas Edison with the light bulb. He didn't discover the science. He commercialized it.

By your logic we should ignore those successes, though, because Jobs and Edison didn’t discover/develop the original technology. As an investor, that makes no sense.

Clearsign has a credible engineer on board, Joe Colannino, to help commercialize ECC. Yet, you keep ignoring his existence. Or worse, you try to dismiss him because he wasn’t on board when the original science was articulated. Again, that’s inconsequential.

Extending your lumberjack analogy, it doesn’t matter who cut down the log in the first place. I'm interested in who pulls it out of the water and sells it to someone to build a house, thereby creating real world value for the first time.]]> Wed, 17 Oct 2012 21:58:08 -0400
You keep obsessing about giving credit to an original inventor. What matters most is a company's ability to commercialize a technology.

Or put another way, I’m most concerned with the process of innovation: taking something that has been discovered, improving it and commercializing it.

Countless examples of this exist in the real world. Like Steve Jobs and the mouse. And Thomas Edison with the light bulb. He didn't discover the science. He commercialized it.

By your logic we should ignore those successes, though, because Jobs and Edison didn’t discover/develop the original technology. As an investor, that makes no sense.

Clearsign has a credible engineer on board, Joe Colannino, to help commercialize ECC. Yet, you keep ignoring his existence. Or worse, you try to dismiss him because he wasn’t on board when the original science was articulated. Again, that’s inconsequential.

Extending your lumberjack analogy, it doesn’t matter who cut down the log in the first place. I'm interested in who pulls it out of the water and sells it to someone to build a house, thereby creating real world value for the first time.]]> http://seekingalpha.com/article/929821/comments?source=feed#comment-10632221 10632221
1. This article re-hashes the main objections to CLIR the author made less than one month ago, without mentioning a word about the company's two latest developments since then. (1M Btu/hr and applicability to turbine systems)

2. The lock-up period expires on Oct. 22

3. The author has a short position in the stock

4. The author's been actively re-publishing his opinions on Yahoo! message boards, known hangouts for promoters and market manipulators. (In the author's mind, "guilt by association" must somehow only be relevant to Dr. Breidenthal.)

Bottom line: It's hard to believe this research was published for purely altruistic reasons.

Like with any stock, there's a bull and bear case. They've both been presented. It's time to let the market and the marketplace bear out who's ultimately right.]]> Wed, 17 Oct 2012 15:35:05 -0400
1. This article re-hashes the main objections to CLIR the author made less than one month ago, without mentioning a word about the company's two latest developments since then. (1M Btu/hr and applicability to turbine systems)

2. The lock-up period expires on Oct. 22

3. The author has a short position in the stock

4. The author's been actively re-publishing his opinions on Yahoo! message boards, known hangouts for promoters and market manipulators. (In the author's mind, "guilt by association" must somehow only be relevant to Dr. Breidenthal.)

Bottom line: It's hard to believe this research was published for purely altruistic reasons.

Like with any stock, there's a bull and bear case. They've both been presented. It's time to let the market and the marketplace bear out who's ultimately right.]]> http://seekingalpha.com/article/920451/comments?source=feed#comment-10460661 10460661 Fri, 12 Oct 2012 10:18:49 -0400 http://seekingalpha.com/article/920451/comments?source=feed#comment-10458981 10458981
Thanks for noticing it. It was an honest oversight. I agree that the chart doesn't need to be distorted to get the point across. Both investments performed well. My point is really the surprise that real estate did a bit better.

I might not be able to get it updated on SA, but it will be shortly at WallStreetDaily. Thanks again!

Lou]]> Fri, 12 Oct 2012 09:48:49 -0400
Thanks for noticing it. It was an honest oversight. I agree that the chart doesn't need to be distorted to get the point across. Both investments performed well. My point is really the surprise that real estate did a bit better.

I might not be able to get it updated on SA, but it will be shortly at WallStreetDaily. Thanks again!

Lou]]> http://seekingalpha.com/article/905061/comments?source=feed#comment-10211901 10211901 Fri, 05 Oct 2012 13:55:36 -0400 http://seekingalpha.com/article/904701/comments?source=feed#comment-10211541 10211541
And sorry. No executive in the world would consider a post on a random site that they never check as an invitation for a "open and transparent" dialogue. Especially after you already took a short position in the stock.

Why not publish you're research first before going short? Because you're not concerned about the dialogue. You're concerned about your investment.

Case in point: You only publish research on Seeking Alpha on companies you are short (http://bit.ly/Uo2pEM). I can't think of a clearer indication of a conflict of interest. ]]> Fri, 05 Oct 2012 13:49:46 -0400
And sorry. No executive in the world would consider a post on a random site that they never check as an invitation for a "open and transparent" dialogue. Especially after you already took a short position in the stock.

Why not publish you're research first before going short? Because you're not concerned about the dialogue. You're concerned about your investment.

Case in point: You only publish research on Seeking Alpha on companies you are short (http://bit.ly/Uo2pEM). I can't think of a clearer indication of a conflict of interest. ]]> http://seekingalpha.com/article/904701/comments?source=feed#comment-10209861 10209861
Same here. It doesn't matter that people noticed the "influence" of electrical currents on flames. It matters if someone can find a way to harness and commercialize that influence. That's where Clear Sign potentially comes in.

Give credit to the original scientists all you want. Investors make money by focusing on the companies that are the first to commercialize new technologies.

Again, the beauty of the business world and investing is the market always reveals who is ultimately right. So no need to argue back and forth endlessly, on some minor points, no less. Let's see what happens in the market.]]> Fri, 05 Oct 2012 13:08:11 -0400
Same here. It doesn't matter that people noticed the "influence" of electrical currents on flames. It matters if someone can find a way to harness and commercialize that influence. That's where Clear Sign potentially comes in.

Give credit to the original scientists all you want. Investors make money by focusing on the companies that are the first to commercialize new technologies.

Again, the beauty of the business world and investing is the market always reveals who is ultimately right. So no need to argue back and forth endlessly, on some minor points, no less. Let's see what happens in the market.]]> http://seekingalpha.com/article/904701/comments?source=feed#comment-10209301 10209301
That is the only source of income for our business. We have never - and never will - accept money or services or anything from companies to write favorably about their stocks. We provide research on what we believe is important.

My relationship with management and MDB goes no further than being inquisitive like any other traditional analyst. I reached out to them to find out more. With all do respect, Mr. Berry, I find it inconceivable in this day and age that you didn't contact them. Internet research is hardly enough.]]> Fri, 05 Oct 2012 12:56:21 -0400
That is the only source of income for our business. We have never - and never will - accept money or services or anything from companies to write favorably about their stocks. We provide research on what we believe is important.

My relationship with management and MDB goes no further than being inquisitive like any other traditional analyst. I reached out to them to find out more. With all do respect, Mr. Berry, I find it inconceivable in this day and age that you didn't contact them. Internet research is hardly enough.]]>