Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Axion Power Concentrator 96: May 4, 2012: Axion Power Receives Initial Norfolk Southern Order For PbC® Batteries

|Includes: Axion Power International, Inc. (AXPW)

These instablogs and the people who maintain them have no relationship whatsoever to Axion Power International. To our direct knowledge no person with a current relationship to Axion Power International other than being a shareholder participates in these instablogs.


Axion Power Receives Initial Norfolk Southern Order For PbC® Batteries


The 2011 Run and Now: From Jakurtz (updated May 4th)

The blue line is what scottrade gives me as the 200-day weighted moving average and (if you enlarge the chart) we appear to be trading ON TOP of it. We have also been consistently trading in the upper half of the Bollinger Bands everyday except for two for almost six weeks. Trading in the upper-half of the BB for this long but still going sideways can be thought of as coiling a spring tighter and tighter everyday.

The stock appears to be on its hands and knees begging to make a break to the upside and it would if it weren't for a bit of loose supply keeping it down in the .43-.45 range. The demand is obviously there it is just waiting for someone else to make the first move. This, plus the positive business developments lead me to believe it is only a matter of days before we break out of this range and begin a run that no dinosaur can stop. The last week of this chart is just getting stretched out compared to last years run, which makes me believe this run, percentage wise, might be bigger, longer and stronger (at least...that's what she said and I trust her).


Axion Power's Weighted Moving Average Price and Volume:

The spread between the 10- and 200-day VWMA is currently $0.02324, or 5.13% of the 200-day VWMA. Back in January 2011, the breakout happened when the spread hit 7.35% of the 200-day VWMA

(updated through closing May 4th)

Chart on Concentrator Comments: (updated May 4th)

Thanks to John Petersen for providing the charts.


LINKS to valuable Axion Power Research and websites:

The Axion Power Concentrator Web Sites created by APC commentator Bangwhiz it is a complete easy-to-use online archive of all the information contained in the entire Axion Power Concentrator series from day one; including reports, articles, comments and posted links.

Axion Power Wikispaces Web Site, created by APC commentator WDD. It is an excellent ongoing notebook aggregation of Axion Power facts.

Axion Power Website, the first place any prospective investor should go and thoroughly explore with all SEC filings and investor presentations as well as past and present Press Releases.

Axion Power Chart Tracking, HTL tracks AXPW's intra-day charting.

Axion Power Q1 2012 Conference Call Questions, Set-up by Bangwhiz

Be sure and either follow the Axion Power Host ID on Seeking Alpha or click the check-box labeled "track new comments on this article" just ahead of the comments section!


WARNING: This is a troll free zone. We reserve the right to eliminate posts, or posters that are disruptive.


Disclosure: I am long AXPW.