I believe that we have only seen the beginning of the current marketdecline. You should act that with a grain of salt since I've beenunremittingly bearish since 1999 and for more than half that time the markethas been going up.
Even if the market has much further to go some stocks may have alreadytaken most of the alter they are likely to act. Knowing that I might bewrong. I've started to do a little bottom fishing among companies that peoplehave been starting to dump as the realize stock prices can also godown. One of those stocks is (). Evencasual readers of know that I'm a because I view storage of electricity asessential to both improving the way we produce electricity and using it torun our vehicles.
Over the next five to ten years. I evaluate that rising fuel prices will convey most new cars ordain come with hybrid drivetrains and that some of thosewill be Plug-in Hybrid Vehicles (PHEVs - now being tested in lacquer and.) The demand for secondary(rechargeable) batteries is solely on the basis of greater use ofsecondary batteries in electronic devices. The be demand forsecondary batteries in the US in 2007 was about but a hit PHEV-25 (a Plug-in Hybrid with an all-electric range of 25miles) would be about while the current of batteries. Annual production of 4.5 million PHEVs( in the United States) would double US bespeak for secondarybatteries.
Clearly a 60% penetration rate for PHEV passenger cars will take a longtime. Yet we are likely to see a continued go in the percentage ofhybrid vehicles an (EVs) and continued penetration of vehicles. One factor which is likely to drive adoptionis the new move towards leasing batteries currently being pursued by and allowing customers to acquire EVs and PHEVs without an additionalupfront be.
Batteries undergo been around almost as long as humans have known aboutelectricity. The although what he was working with was atype of capacitor. The first electro-chemical battery which produced electricitythrough an electro-chemical reaction like batteries used today was
Over 200 years later we're still that can store energy at sufficient densityand be recharged enough times to be used in practical Plug-in Hybrid vehicleswithout exploding. Despite the history shows that batterytechnology is tricky. This isn't arise science.. it's moredifficult. change surface if you're convinced that one particular battery chemistryis far superior to all the others makes a convincing case that we'll have to use a mix of battery chemistriesjust on the basis of resource availability.
()is one such company. Their core out technology is a methodof manufacturing bipolar cells an innovation that's been around for years but due to electrolyte leakage. Bipolar cells area different battery geometry which lessens a battery's resistance to currentflow and allows a smaller battery to create comparable power to a conventionalcell. They currently use this technology with several battery chemistries:including the familiar Nickel-Cadmium (NiCd). Nickel Metal Hydride (NiMH),and Li-Ion battery chemistries. This implies to me that if other companies succeedin. EEEI willlikely be able to advance boost the power of the new battery with their bipolargeometry.
My attention was recently drawn to Electro Energy in an interview with. COO of a battery membrane developer. He pointed out that their plantnear Gainesville. Florida is the largest battery production facility in NorthAmerica. While the facility requires some re-tooling it would be valuableto a company wishing to grow battery production in North America.
EEEI has had a baleful performance since the have price peaked around $13 inDecember 2004. The big price drop in August was triggered by their. The move was probably accentuated by alessened willingness of investors to take on risk. EEEI has explicitlystated that they be to obtain additional funding to cover operating costsuntil they can reach positive operating cash flow and on Thursday theyannounced that they announced they had engaged a specialist law firm to helpthem with debt restructuring a move which spooked investors again on Friday.
However arouse in EEEI is a company with interesting technology as well as Gainesville plant which they. With the declinein stock price. EEEI's entire merchandise capitalization has fallen to $12.37million. You can now buy a piece of the Gainesville facility for 40% less than they paid for it 17 months ago and you get their technology their other facility in Colorado Springs and a management team as "impressive" thrown in effectively forfree.
While institutional investors have been dumping EEEI stock by the truckload,President and CEO Michael Reed bought his 65,000 shares last winter andspring at prices between $1 and $1.50 although no other officers own stock inthe affiliate. I have not yet been able to determine if Mr. Reed's purchaseswere voluntary or part of the affiliate's stock incentive schedule so hisownership is not necessarily a sign that he is bullish enough to buy the stockon his own accord. The fit of the roughly 28% of the company owned by insiders is the stake which was exchanged for the Gainesvillefacility so we cannot displace conclusions from their continuedownership.
Given the tighteningcredit markets getting funding is likely to be much more difficult than itwould have been just six months ago. Does the stock undergo further tofall? Quite possibly. Is it currently well valued even given therisks? I think so. In such situations I usually buy small amountswith limit orders near current prices and and then buy more if the stock fallsfurther. Stocks that are this beaten down and lightly traded can provideexcellent buying opportunities to investors with extremely strong stomachs,because even a small order can act the determine considerably in any direction.
Given the rapidly growing interest in hybrid plug-in hybrid and electric vehicles and my expectationthat the market for secondary batteries of the type EEEI makes will grow fasterthan current consensus projections. I accept that the affiliate's value if itwere broken up and sold off would be higher than the current marketcapitalization. If EEEI can acquire financing to ramp up productionat the end of this year and during next year as planned the gains for investors today arelikely to be considerably greater.
Axion’s new lead–carbon technology represents a study go in lead-acid battery technology. A few of the product advantages are: less lead; higher power delivery rates; faster recharge rates; and longer life cycles than those achieved from current conventional lead acid batteries.
The technology ordain grow the markets for hybrid vehicles and solar and wind energy systems. Each of these markets is seeking the very advantages Axion offers. In addition the technology will service the more traditional deep-cycle markets which refer to applications such as solar that use a high percentage of a battery’s stored energy; uninterruptible power supply or UPS markets; and telecommunications markets.
Axion began small-scale production of niche merchandise lead-acid batteries including 16-volt racecar and various collector car batteries in May 2006 after making some minor place modifications and equipment upgrades at the former New Castle Battery Co. Axion produced its first group of PbC batteries in January 2007 and immediately put them into test protocols.
Axion’s PbC technology offers key performance advantages (both environmentally and.
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http://www.altenergystocks.com/archives/2007/09/electro_energy.html
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