Tesla does not use a permanent magnet motor, but rather an induction motor. Almost certainly the Tesla uses permanent magnet motors for power steering, power brakes and AC. IMO, The Tesla will have a place in history similar to that of the DeLorean. The Tesla is a taxpayer subsidized toy for Rich Boys.
Acuity and others are not nearly pure LED plays. I am guessing that the rapidly decreasing prices for LEDs make it difficult to increase revenue as unit volume rises rapidly but at lower pricing. I think this situation will result in few surviving players, but Cree will be one of them.
Agreed, but Molycorp needs to add sources of Heavy RE. They can do it by acquiring appropriate ore and blending it into the mix at mountain pass.
This product is not vaporware. I bought and installed 10 each of the TW LED replacements for T8's. They are excellent.
Schwab is paying 30% annually. The problem is that shorters are in and out of their position in very short periods, e.g. days. There is not much money to be made by lending shares.
Yesterday I passed by two of the Vestas Plants in Colorado. They are really cranking out a lot of wind generators as evident in the inventory of the big components clearly visible from the roads. Rare earths make these more efficient.
I expect Oaktree to provide the additional $150 M as needed because of the recent major expenditures needed for the chlor-alkali plant. The expenditures protected Oaktree's interest in the plant.
I did not remember that 12% of production is ND. Of course, much of present ND demand is for magnets. Both of these applications are for energy conservation and energy production.
Cree has introduced a very efficient LED replacement for T8 fluorescent bulbs that has very high light quality (Color Rendition Index) Comments made in the past suggest this is achieved using Neodymium oxide to filter light frequencies. The Product has just been introduced into Home Depot distribution at $21.97 for a 48 inch tube producing 1700 lumens from about 19 Watts and guaranteed for 5 years. My personal sampling suggests the product will sell like crazy. My guess is that something like a gram is required for each tube. Also, my guess is that there are more than 10 billion T12 and T8 fluorescent bulbs in use in the US alone.
A billion/yr X 1 gram would be 1000 kG of Neodymium oxide. Molycorp would be hard pressed to produce that much on a yearly basis.
These very efficient bulbs with greater than 90 CRI are priced at $21.97. I bought and installed 10 yesterday. They are in short supply. The lighting is very impressive.
There can only be one reason for a large sell order in the last minute or so of the day. The purpose is to drive down the pps setting the start of the next trading day. This has happened repeatedly. SEC, pay attention! Apply sanctions!
Not out of the goodness of their hearts but out of a realization that the value of a fully functioning Chlor-Alkali plant and a refinery is much higher than one that is not. I believe there were discussions with Oaktree as the realization came that repairs and upgrades were needed.
Given Oaktree's specific interest in the chlor-alkali plant, they might be quite forgiving about the costs and delay occurring as Molycorp has scaled it up. I am suggesting they might provide the additional $150 million before Molycorp gets production to 4,000 metric tons/quarter for 2 consecutive quarters.
It looks like Yemen has fallen into Chaos. The Saudis have begun massing troops on the border with it and have begun bombing Iranian sympathsizers. Here we go again. Lots of drones and smart weapons will be used. Demand for RE will be increasing soon, IMO.
I agree that it looks like someone was accumulating a lot of shares today until just before close when there was quite a drop. It will be interesting to see if it repeats tomorrow.