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Monday, April 25, 2011

axpw.ob

The stock got as low as 0.77, and my limit order did not get executed. I may have to settle for a higher price. I am hoping it settles around the current price for a few days/weeks, and will look to enter. (Preferably below 0.80.)

The more I read up on Lead-Acid batteries, along with the benefits of their cathode, the more I like its prospects to license or sell directly their cathode to the larger players or even get bought out. (Not just for the Stop-Start market, but for the industry as a whole.)  I do not know the exact figure, but USA for Lead Acid batteries are around 100M annually. This figure is not including grid-storage.

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