That is the biggest problem, just like here these tycoons are teflon coated and nothing will happen to them. At best SQM will be fined and we the stockholders are the ones that pay.
Lithium batteries must be getting adopted judging by the oil drops. So we are due for a run up. I am getting ready to lower my cost, but will be patient. There is just too much noise and shorts are just looking a chance to launch another broad market run.
I have a farewell history for you.
The smart donkey. It is not mine but can remember who's.
Once upon a time a smart donkey was not happy with his life hauling salt. He was fed and cared for, never the less he was not happy. One of the boring days, while fording a creek he falls in the water and low and behold, the salt melts away and he is free from his burden. The rest of the trip was a piece of cake.
He likes the idea and repeats the play a few times. I do not recall if it by accident or intent, the owner loads him up for the next trip with sponges and this time the creek is big. He pulls his stunt one more time. The sponges fill up with water and all his strengths are not enough to save him from the swollen creek.
Talk about teflon coated.
It is often said that reality out does imagination.
It must be good enough the guiness book.
Because the vaca loca is a fence crawler.
Thanks for the advice. I did take some more time into CPST and my puny judgment was take my losses and move on. Too bad great concept. Too much baggage.
Two strikes, nasty pumpers and no credibility from mgmt. which makes selling premium stuff quite the shore.
Been wrong before, but it is my money and opinion.
However, good luck to the sheared longs hope you do run into a buy out. I just do not have the stomach.
Remember the cost of the initial bag phones!
Even TSLA knows that you have to attain comparable prices for adoption.
Read Nevada giga factory. The cost of the turbines has to come down for mass consumption, or maximun IP value.
What is so hard that is taken them more than ten years to get this going?
I might not be the brightest light bulb in the room, but you will not sell a $25000 device to save a few thousand in gas or emissions for that matter.
Ice, I have, and believe me my questions may appear silly to you, so what is left to those that no nothing about this interesting devices?
I stuck my toe in the water, and bought a few shares, and I am trying to figure out why this has not taken off already, beyond and besides the management issues that the shorts so desperately tout to the four winds.
I like the Wrightspeed approach but also see lots of mass produced potential in the electric car if the issues in the way can be addressed.
As a matter of fact I am baffled that TSLA has not integrated a turbine such as CPST into their new mass production effort.
I agree with Skip, If you think that there is risk of bigger losses sell and lick your wounds.
I think it is over reaction to commodity prices. They surely have come down quite a bit from their exaggerated highs, and should settle somewhere in between.
Efficiency is the only real solution from a producer stand point.
That is what Raven is working on. No one can tell the future, but poor production practices with outdated inefficient equipment is certainly no way to remain in business. If this continuous, it will give a chance to average down.
Unfortunately our politicians love volatility and have favored short sellers and Hedge funds, and HFT which increase these runs as people get nervous and loose sight sell at the orchestrated bottoms again and again it is a shame but is the market we are in.
In this very same board some intelligent poster commented that CPST does very well in continous running. Some adversary at another instance chimed in that intermitent operation can be an issue with the air lubrication system.
I happen to believe that reliablereasonable cost nonrenewable energy generation is an important element for off grid power generation combined with eolic and solar.
My comment about obsolescence of the land lines has to do with that too.
There are many places that are off grid that could be developed if reliable reasonable cost electricity can be produced below industrial scale.
Portable generators are a great market. Specialy low maintenance ones that can be in stand by for long periods of time that can be reliably summoned to duty in rural areas at the end of long land lines.
This and the cars are what attracted me to CPST.
If they can do well at the industrial level, more power to them.
I could not agree more with you.
Some people confuse my concerns about improvements that would make CPST unbeatable, with bashing.
I am meaninglessly long, but curious as I see additional opportunities, to this great concept/device.
Few moving parts, great reliability, low maintenance, what is not to like.
Then again ignoring facts does not change them. If you can make a as good smaller unit and lower up front cost, what would be wrong with that?
So long as the idiots keep buying overpriced apple manure you bet.
It is called IP and nets great real profits.
The funny part is that to protect their brand, Apple has to protect NOK's.
Now enter sam and the chinese knock off thereoff and you might get the picture, then again if you were capable you would not posting garbage here.
As for accounting or reporting under us rules, just a few names enron, aig, citicorp. They all got high recommendations from your pundits before the real truth set in.
Yes and it is almost funny to those in the media that to a T ignored NOK have to report on its resuscitation.
There is still pent up up side from pre MSFT announcement.
Keep you confidence pills handy.
The HFT and law proof shorts are hard at it trying to launch runs.
Funny how corn can go from $ 1.40 in the pick and roll days to over $ 7 and now below $ 3 local basis.
All with the same land and population.
There was an old joke in the country, " when prices are low, the solution is to get a bigger truck".
Well they were right the only solution is better efficiency. Precision ag is that bigger truck.
This reminds me of the old regulator boxes back when cars had generators. Full of spring controlled relays.
I recall an instance when while we watched this relay box went berserk and clicked away the battery.
Solid state and alternators did away with all of that.
How well does cpst modulates for variable loads, how are they addressing apparent start up issues.
In the face it would appear that CPST has clear advantage in continuous running, and would be very hard to beat in off grid remote locations in the underdeveloped world.
Curiosity, the mere fact that these individuals stood by and endorsed the unwarranted payments abusing BP desire to address damages tells me that it would be a waste of time to see/read their work.
I will take my lumps, but will squeal.
This last gross negligence to trigger the higher cwa fines is not a punitive taking?
If there is no fine, then all it was, is a sound bite for the short sellers, or a disguised favor to BP's US competitors.
Eventually all these shenanigans get exposed. The injured parties never get real remedy and the prosecutors assess fines to bolster their political ambitions. Does AIG or Enron ring any bells?
Two concepts regarding country of laws and judges.
Inventing law and applying them retroactively, and adding insult to injury, selective prosecution.
Every day we have employees acting beyond their scope either by will or negligence. To extend punitive damages to passive owners is a disguised tax or taking.
Then releasing sophisticated coparticipants from the punitive damages takes the cake.
No wonder the Queen had no alternative but to implore for some sense. Well within established and respected venues.
Finally in response to some other poster defending Barbier because of the out cry that would have ensued had he not used the biggest stick on BP. Since when judges are to accommodate a lynching mob instead of render justice?
This reminds me of the phone land lines.
One should have known they were obsolete the moment the bag cell phones did work.
I am very interested in Wrightspeed developments.
Do you know if there is any newer news?
How has that may 6 delivery worked out?
Somebody else jumped me for asking about smaller units saying that that was how it all got started and that bigger has been the tendency since.
I think things have changed quite a bit since that time in technology, and both in need and ability to manufacture.
Heavy equipment and heavy duty trucks obviously burn more fuel and the savings would be more significant, but at the same time Duessenberg had better margins but Ford is the one that flourished.
There is a good arbitrage between volume and margins. That is particularly so in the case of valuable IP.
You do not have to make the devices.
The low maintenance, multy fuel, and clean burning are simply too good.
If they develop a smaller unit it will take car business by storm.
New to CPST, so have not had a chance to review the value of their IP. Very interested in the concept.
The trouble is the enforcement of the IP. So yes the big boys will try to go around, but at some point for the right party it is not worth the trouble. Look at NOK. Almost went bely up, but Apple finally had to pay royalties and next is goggle and Samsung. They may have lost the phone business to MSFT but have kept the patents and now have life to enforce them.
I would very much like to know more about CPST's IP. So any info would be appreciated.
Sammy, why don't you check with the ex-shorts at NOK how desperate I am.
Love the works you guys do. It is all about timing. Let you guys compress the spring and then watch for maximum pain. Shorting has become predictable and like any lever it works both ways.
I can walk away from my position at CPST any day. At this price It is almost just a call with no time limit.
On the other hand shorting at this prices is unlimited down side.