shorting at .02. That shows us he doesn't have anything in his sack or his head.
We'll see, won't we.
of course you did. I work with a guy who hits the perfect bottom and perfect top EVERY time, on EVERY trade. But yet, he doesn't quit his job and become a full time trader.
I wouldn't buy over .03,and I wouldn't hold through any reverse splits. Some of us understand the technology is a solution to the Achilles heel of the most commonly used battery chemistry on the market. The management of Axion has been short sighted in going after train and truck business that take years to prove itself instead of going after every day uses like UPS' and automobiles. If the Pbc ever gets into the consumer market, it could revolutionize the SLA battery and it's many uses. Unlike trains and trucks, the technology can be proven in the lab, and not on a rail yard, but the short sighted management didn't understand the true potential, and they wouldn't listen to me.
LCB has had samples for several months, and now have invited AXPW officials to come back for a renewal in marketing discussions. This could mean that they have tested the tech and have seen it's advantages and now want to cut a deal.
I don't see why LCB would be asking for more discussions if they weren't interested in the tech, or if the tech proved bad.
IOW, good news out of China changes everything. It's worth a couple large as a spec play. It will be especially worth it to see shorts like you loose you #$%$.
It seems like classic negotiation. Last year, LCB basically walked away from the table. Now Axion will be more desperate and more likely to cut a deal more favorable.
LCB has had time to thoroughly test the battery, and see the advantages, now they deal.
I wonder if some hedge funds are going to start manipulating the price. I see some bashers have taken up residence here.
Perhaps the company will start releasing regular PR.