written by reader Axion Power International. AXPW

by Gerard | December 26, 2011 7:32 pm

Hi Travis.
My investment idea of the year has to be Axion Power International. This tiny company’s share price has been hit very hard by two very large distressed sellers over the last year or so.
What makes it very special is that it has invented and patented a way of making a lead acid battery[1] last at least five to ten times as long as the ones we all use in our cars at present at only twice the price.
They have accomplished this by replacing the negative electrode with an activated carbon electrode . The negative electrode is the part of battery which has always worn out first, so mush so that nobody knew how long the rest of the battery lasted . They are now beginning to find out and it depends on the rate at which the battery is disharged and recharged .This is being tested BMW in Europe and it is felt that it will be very suitable for stop start , and hybrid cars for which there willbe a massive market over the next number of years

Endnotes:
  1. battery: https://www.stockgumshoe.com/tag/battery/

Source URL: https://www.stockgumshoe.com/2011/12/microblog-axion-power-international-axpw/


8 responses to “written by reader Axion Power International. AXPW”

  1. Chris says:

    Axion has a great technology that can be practical and profitable. However, they will need more cash in the near future. Since raising money usually leads to at least a temporary drop in the share price, why not wait until after they announce their plans to raise cash and THEN buy AXION?

  2. gerry says:

    We should judge a micro-cap by the company it keeps. At this time Axion Power is in development partnerships with BMW ,Envision Solar, Northfolk Southern Railroad, PJM, VIridity, None of these would allow their name be associated with Axion if they were not confidant of the technology possessed by Axion. The need for new money will be related to orders from one or more of these,at that stage , share price my well have run away from you .I say buy now.

  3. Ricknplano says:

    I have followed this company for about 4 years through development, testing and now partnerships with the companies mentioned. The technology is great, the time required for third party and customer testing is almost over and the stock has been driven down due to selling by a couple of institutional investors whose investor redemptions mandated they liquidate. The combination of circumstances make this a once in a lifetime type investment, in my opinion. I own as much as I can afford to buy and just wish I could buy more.

  4. Gerry says:

    In addition to the above ,I believe there is an application on oil rigs which is being handled by a dedicated sales company.

  5. Mayascribe says:

    Travis, you and I have before corresponded, under my cyber name Mayascribe I use on Seeking Alpha. Axion Power is my #1 pick for 2012 (and likely 2013, too). The lineup of BMW, GM, Ford, Norfolk Southern, plus oil rigs, and, I’ve heard in person the CEO, Thomas Granville, mention the military, TWICE, is quite a starting lineup for a $27M market cap outfit. Johnson’s Controls and Exide have each independently approached Axion in quest of why their advanced lead acid battery does not work as well as does Axion’s. Johnson Controls has stated they expect Stop/Start cars and trucks as the future, and in a huge way, not lithium powered EVs…but they don’t yet have a battery ready? Add in Viridity/PJM, who are involved with 54M grid users…Wow!

  6. gerry says:

    Important update , today Axion Power received an order from the US Navy for what they call a mini cube for their zero power building in Washington DC. This is very good news .
    Since opening of 2012 markets ,share price up 16 percent.

  7. James Veal says:

    The huge selling pressure for Axion appears to have ended at the end of 2011. In five days of trading the closing stock price has risen from $0.27 to $0.425. That is over a 57% increase. I have been following the stock for nearly a year. I am all in. In one week I have recovered all the losses of my investments over the past year!

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