It WAS a decent post, wasn't it? The first one I've seen from jaketen2001 in a long time.
Good for you Jake.
I think you see gremlins behind every rock. If you don't pay attention to your competition in a variety of other areas and try to weigh the risks of a new technology in a fossil fuel entrenched society, you will never be a good investor because you will never be able to see the entire picture.
You can create all sorts of strawmen and you can puff out your chest with all this blustering about 'bashers', but it is just your fear of not knowing the big picture and how it might affect your investment.
You talk about 'bashers' yet you forget the other side of the issue...all the hypers and pumpers of this stock. Are they not also paid for by those that want to draw attention to the new technologies? Do you not 'bash' those who would talk about fossil fuels and traditional technologies? You are sounding very hypocritical about the whole thing.
Take off your blinders and try to become a well-rounded individual investor and a decent human being that can converse with others on a non-attitudinal basis...
CIM does have a range and occasionally dipped to the $3.05 level in recent months. There is a growing feeling that there will be a market pullback this summer and CIM may pull back a little bit with it if you are willing to wait and see. With yesterday's announcement of a $3.24 book value, however, this may be as good a time as any to get in...
Nissan will enlarge its battery pack to allow for a 135 mile useable range up from the current 78 mile range by the end of 2014. It says the EV market is here to stay. This will result in other EV makers to increase their EV ranges to match the Leaf by 2015.
Nissan has plans to increase the range of the EV by approximately 50 miles every 2-3 years as new battery technology progresses. Nissan is also about to introduce a new PHEV in 2016.
You are still wrong, red. You misinterpreted my statement, too. I will clear this up for you. I won't breakeven unless I sell above about $5.30. I'm still long 8000 shares and I still hope the BLDP succeeds so that I can be 'wildly' rich!
Hopefully this helps.
Given that the general consensus is that 2014 and 2015 are supposed to be quite good for shipping volume, this should be a good stock to hold and reinvest into for many quarters to come.
I never said any such thing and you know it. It is a poor attempt at interpreting on your part, but a good attempt on making yourself look childish.
Natural disasters happen due to the natural laws of the physical universe in motion...period. What I detest is people manipulating data in an attempt to push an agenda that isn't happening otherwise. Why would you find this acceptable, anyway? Are you fully aware that there is precious little evidence of AGW? All the 'facts' you hear simply can't be backed up by real world data? It is 99% hype, emotion and innuendo. If funding for 'global climate change' disappeared you wouldn't hear another thing about it.
I am all for reducing pollution. I have never said otherwise. I live quite frugally as much as I can. But pollution of some kind is always a byproduct of consuming energy and altering matter from one form to another. You can't escape it entirely...period.
It has been confirmed that Volkswagen is working on a powerful new battery for its EV fleet. Speaking at the Geneva Motor Show, Dr. Heinz-Jakob Neusser said that “an 80kWh unit is under development using our own technology. It would provide between three and four times the battery power in a given package.” This means that a battery of equivalent physical size to that used in the new 2015 Volkswagen e-Golf could hold the amount of energy in a top-end Tesla Model S.
Our system’s practical energy density is more than 300 Wh/kg,” Nobuyuki Imanishi, PhD stated. “That’s in contrast to the energy density of a commercial lithium-ion battery, which is far lower, only around 150 Wh/kg.
This new battery doubles the range of current Li-Ion batteries, lowers the mass and is purported to be much less susceptible to thermal recharging issues. 3.5 million new EV's will be added to the world-wide fleet this year. This just serves to moderate the hype that FC's are the only solution to motive transportation systems...
Instead of falsely accusing every non-pumper on the board of your trumped up personal attacks, shouldn't you be providing more cut-and-paste articles for the masses? Haven't you seen what's happening to the stock price in the last few weeks? Come on, son! Get crackin'!
Cooling? No. If you take away all the cooked data adjustments from NASA et.al. there hasn't been any significant heating or cooling in a hundred years. We have warmed up about a degree C from the Little Ice Age, but no-one knows whether we will continue to warm, level off or fall from here with any certainty at all. Are you still believing the global warming story? Do you put your faith in the measured data or the ever over predicting model output?
One thing I must say about this stock. It is a bastion of stability. I have been accumulating this stock for 5 years. My cost basis is $3.17 per share, but the dividend flow has been quite good, reasonably stable and nearly stress-less.
Today, a strong down day in the market, and CIM is flat to up. I think this kind of stock has a very important role to play in an investors balanced portfolio.
Again, the actual weight of lithium is only a few pounds. The rest is the weight of cobalt/manganese/titanium, chemical binders, anode/cathode materials, plastic cell encapsulation, battery holders, cooling apparatus, battery pack casing, wires, etc.
Yes, the entire system is a significant weight fraction of the car itself. I drove a new Altima and a new Altima hybrid. The hybrid weighed ~400 lbs more, but delivered 30 percent better fuel economy and clearly out accelerated the non hybrid. Batteries make a huge difference in saving fuel despite their weight disadvantage.
Lithium is good.
You don't seem to understand the issue. The global warming 'game' has been theorized and 'played' for over a century. Scientists have said its real and scientists have said its not real and scientists have said global cooling was real...and not real. Scientists have said the sun is a factor, that volcanoes are a factor, that land use was a factor, that CO2 was a factor, that residual heat from energy production was a factor. And yet, there are scientists that dispute some or all of these claims.
The IPCC and the UN have jumped on the bandwagon as they see this as a golden opportunity to continue in their quest to form a one world governance council AND to reap in the billions of dollars in fees. fines and research money. So far the total 'take' has been almost 2 trillion dollars.
What you refuse to believe( directly because you refuse to do any critical thinking or analysis) is that most of what you hear about CO2 and global warming/weather/climate change/disruption/weirding has no actual basis in actual fact or actual results. It is all emotional statements or outputs of climate models or outright misrepresentations of the truth. The IPCC has lost several reputable scientists that have complained that the IPCC is not reporting the truth about climate change and are really in a bind as to why the weather reality is not matching the published hype.
Remember, red, these scientists and quasi governmental bodies have staked their reputations, yes the very money that provide food on their table, on believing/pronoting horror stories of CO2 and climate change and now they are in a huge bind. The climate is not agreeing with them. In fact most everything predicted is not manifesting itself. You, red, are in exactly the same bind. Very little is actually working in your favor. Man's influence is very likely minimal with the vast driver being the sun...period.
So what are you going to do? Continue to push a losing position? Or bow to the facts?
Actually the 400 lbs is the weight of the battery pack itself. The actual amount of lithium (as lithium carbonate) is much closer to 2-5 kgs depending on the vehicle. That will satisfy ~4-8 million EV's per year which is what some industry experts are predicting will be sold by 2020 annually.
Though only 3% of the lithium is currently recycled, there are plans to recycle lithium at up to 95% making it renewable even though limited in annual supply at the moment. There are many prototype batteries that are showing promise of a much higher energy density some of which are lithium and some of which are not. Lithium is not a dead end approach to batteries at the moment and may never be.
Perhaps unlike you, redshoe, my 8000 shares are a small part of my portfolio. I don't rush to sell just because I am slightly above water or just to limit my losses. I told you, many, many times, that I think FC's may actually be part of the end game so that is why I am long and obviously in it for the long term. Does that make ANY sense to you? Any at all? I had many more shares than this in the past, but did sell the majority to invest elsewhere. Does that make ANY sense to you?
PS. NASA, NOAA, IPCC and the MET have all agreed that the warming stopped 18 years ago and they don't have an explanation for it. You don't believe them now?
It just goes to show that you are still 100% wrong about my holdings despite being told repeatedly about your errors.
I still am 100% long with 8000 shares in the account. I won't break even until I sell at about $5.30. You have been told this so many times, but you constantly refuse to accept the truth. Just like global 'warming'. Just like me telling you that it would be 30 years or so before FC's make a dent in total car sales (despite many other FC 'experts' saying the same thing).
Your ability to stay blindfolded to facts and truth is nothing less than astonishing!