Ideal Power Inc (IPWR)

[tykundegex]

CTO fired for pledging his shares as collateral.

Dumb move. Not sure if this will impact the company though -- their issue is a lack of commercial traction. They need to step up their game fast before their IP moat becomes obsolete.

Still hoping the B-TRAN will be a game changer for the company. Otherwise, I'm starting to think this is just another betamax story.

---

On November 7, 2017, Bill Alexander’s employment as the Chief Technologist of Ideal Power Inc., a Delaware corporation (the “ Company ”), was terminated for cause pursuant to the terms of his employment agreement dated September 16, 2014. The Company recently discovered that Mr. Alexander, at the time that he was an executive officer and director of the Company, pledged shares of common stock as collateral for a personal loan in violation of the Company’s insider trading policy and code of conduct. Under the terms of his employment agreement, Mr. Alexander will not be paid any severance in connection with the termination of his employment for cause.

[tykundegex]

Any ideas on today's action?

[vidarslien]

I was also thinking whether it could be a response to the NEC announcement. If so, we should have sold into the rally, because I doubt it will have any meaningful impact on Ideal Power. If NEC at all will use their DSS (their C&I-scale system) for those projects (which I doubt they will - I guess they will rather use their GSS grid-scale system), then it is important to note that they use Ideal Power converters only for the 30 kW modules, while I would presume that they will stack several 650 kW modules in these two 10 MWh and 40 MWh projects. If so, Ideal Power would stand to gain zero from the projects announced by NEC.

[tykundegex]

Thanks, I'll have a read.

Nice action today -- is this the NEC announcement about the 50MW storage project? They use Ideal Power inverters, if I'm not mistaken (would be ~ $10MM of orders for Ideal).

[Furor]

Link to earnings call transcript in Seeking Alpha

[tykundegex]

Anyone here listen to the earnings call? Anything newsworthy announced? Any revenue coming in 2017?? Any VFD or B-TRAN progress?

[tykundegex]

I pared back my holdings last year with great hesitation as I was selling at a 30-45% loss, hoping to get back into IPWR in time. But I never suspected it would continue down to these levels.

Despite heavy competition in the inverter market and clearly them not getting the market penetration they expected (and deserved), I suspect the VFD and B-TRAN aspects of the business can create significant value longer-term.

I locked-up my IPWR money in other investments, otherwise I might be getting back in at today's prices.

Still bullish, but I guess I've extended my horizon by 2-3 years.

Good luck to all longs.

[Furor]

IDEAL POWER TO ENTER THE GERMAN ENERGY STORAGE MARKET
Link

[Furor]

JLM ENERGY PLACES 4 MW PURCHASE ORDER FOR IDEAL POWER'S 30KW AND 125KW POWER CONVERSION SYSTEMS
Link

[Furor]

IDEAL POWER ANNOUNCES FABRICATION OF FIRST DOUBLE-SIDED B-TRAN(TM) POWER SEMICONDUCTOR DEVICES
LINK

[tykundegex]

http://www.altenergymag.com/news/2016/09/09/kaco-new-energy-inc-releases-new-revision-of-ultraverter-lowers-pricing/24572

Are those the white labeled PPSA based inverters?

[tykundegex]

Thanks for finding those, it's very encouraging to hear. There has been so little news from the company lately, despite so much anticipation of traction with PPSA and storage projects.

I'm sitting on a 40% loss with IPWR, but it still remains one of my largest positions (although today on a par with RDHL thx to its recent moves).

[vidarslien]

While waiting for the report tomorrow, I just browsed the US patent office website and it could be of interest to note that Ideal Power was granted 6 new patents during Q2, and that all relates to the BTRAN or at least bi-directional power conversion devices.
Furthermore, they have been granted two more patents so far in Q3, of which one is named "Active power conditioner" and relates to VFDs.

[Furor]

Gexpro Energy Storage Solutions Approved by Hawaiian Electric & Available to Ship

...Power IQ 30 combines state-of-the-art technologies from leading companies in the energy storage industry including software and top-level controls from Geli, Ideal Power's 30kW Multi-port Power Conversion System (30B3-4DF) and lithium-ion batteries from LG Chem. Power IQ 30 is in stock and available to ship via Gexpro's extensive distribution network and has offices supporting the Hawaiian market in Honolulu and Hilo...

Source

[CansoSpaceMan]

EGTYF might just give these guys a run for their money.

[vidarslien]

I'm not sure a residential scale inverter is in the workings, but then again, who knows?

But if we look at some other references, this new offering from Ideal Power makes very much sense. Just listen up!

* SolarCity is said to be aiming at the C&I space. Moreover, they already have a deal with Tesla to provide batteries, not only for residential scale, but also C&I and utility scale storage.

* And not the least, look at this excerpt from the recent SunPower CC (regarding PV installs, but we all know more and more PV will come with storage as well):
I would say that the distributed generation business is going to expand faster than the Power Plant business in the near term. It is not necessarily the case as we go out in the years 2018, 2019, and 2020, but we do expect the DG business to expand faster specifically commercial will - the commercial business will expand really rapidly

Sure, SunPower already have their own inverter business/provider (which they bought a few years ago), but I guess they point to a general trend here, rather than a specific trend for SunPower. And if that is really the case, the new offering from Ideal Power seems like a very smart and well-timed move. "Build PV now and add storage at your own convenience - now or later".

[tykundegex]

Yeah, I wouldn't mind a little surprise on the earning side for a change. Great progress with partnerships, IP, and products, but lagging one the whole revenue thing For now....

[ynotcookit]

thx tyk for your informed response. still it seems IPWR is full of surprises lately -- perhaps there are more to come before CC next week, and maybe more specifically, an earnings surprise as well!

[tykundegex]

Possibly indirectly, yes, as SolarEdge's inverters are indeed transformerless and unidirectional. But Tesla + SolarEdge only have a residential offering I believe. The new SunDial 30kW from IPWR will be targeted at C&I sites, as residential typically requires only 4-10kW. That said, sounds like there may be a residential offering in the works.

[ynotcookit]

is PR possibly referring to SolarEdge (SEDG), Tesla's "partner"??

The new SunDial™ inverter is comparable in size and cost to "today's widely used transformerless PV string inverters"

[tykundegex]

News: IDEAL POWER INTRODUCES NEW SUNDIAL SOLAR PV STRING INVERTER

http://ir.idealpower.com/press-releases/detail/570/ideal-power-introduces-new-sundial-solar-pv-string-inverter

...It is the first in a planned family of field-upgradable SunDial™ PV string inverters. An important new feature of the SunDial™ system will be a newly designed AC link providing true galvanic isolation from the AC to the DC ports, enabling PV installations to be either grounded or true floating. The new SunDial™ inverter is comparable in size and cost to today's widely used transformerless PV string inverters, but is fully isolated and offers the additional value of an optional, upgradable fully isolated bi-directional port for direct storage integration...

[Furor]

Aquion Energy's AHI Batteries and Ideal Power's Power Conversion System Bring Energy Independence and Resiliency to Sonoma Winery

PITTSBURGH, PA and AUSTIN, TX -- (Marketwired) -- 04/26/16 -- Aquion Energy, Inc. (Aquion), developer and manufacturer of Aqueous Hybrid Ion (AHI™) batteries and energy storage systems, and Ideal Power Inc., (NASDAQ: IPWR), a developer of innovative power conversion technologies, announce today the installation of Aquion's AHI™ batteries using Ideal Power's Grid Resilient 30 kW Multi-port Power Conversion System as part of a state-of-the-art microgrid at Stone Edge Farm, a 16-acre organic winery and farm in Sonoma, California. The energy storage project is designed to provide a range of benefits, from integrating renewables to reducing overall energy costs, proving the broad possibilities of microgrid architectures...

Source

[OB_WEALTH_INC]

IPWR on watch. Might see continuation

[tykundegex]

People, this is big big news.

Here's a copy of the PR. Emphasis is mine.


Ideal Power Reports Semiconductor Fabricator Successfully Tested Its B-TRAN Technology

Third Party Testing of First B-TRAN Semiconductor Structures Validate Key Performance Characteristics

AUSTIN, TX--(Marketwired - Apr 18, 2016) - Ideal Power Inc. (NASDAQ: IPWR), a developer of innovative power conversion technologies, reported its semiconductor fabricator successfully tested Bi-Directional Bi-Polar Junction TRANsistor (B-TRAN™) silicon dies and test results validate key characteristics of the semiconductor power switch. The test results can be found in the company's updated B-TRAN White Paper. The results confirm central B-TRAN™ elements and operational modes are consistent with third party device simulations that predict significant performance and efficiency improvements over conventional power switches such as SCRs, IGBTs and MOSFETs.

Ideal Power currently has 12 issued and over 40 patents pending in the United States and abroad related to the B-TRAN™ device, which is a symmetric double-sided structure that presents unique opportunities for high current density operation at high efficiency. B-TRANs have potential uses in a wide range of power conversion and control applications, including very low loss AC power control and in power converters from Ideal Power and other power converter OEMs.

"This validation of key characteristics of the B-TRAN™ technology is a significant step forward in demonstrating B-TRAN's ability to improve energy efficiency across a wide range of products and applications," said Dr. Richard Blanchard, B-TRAN™ co-inventor and holder of over 200 patents primarily related to power semiconductors including the widely used trench MOSFET. "The device has tremendous implications for the power industry."

"These exciting results of the first tested B-TRAN™ structures validate key characteristics of the device and confirm our belief that B-TRANs can be a disruptive new force in many power conversion applications," said Bill Alexander, CTO of Ideal Power and co-inventor of the B-TRAN™. "The predicted extremely low forward voltage drop and fast, low loss switching of the B-TRAN™ are each approximately ten times better than conventional switches. B-TRAN's high current density and native bi-directional capability can lead to very high efficiency power control and conversion at very low cost points. We expect these anticipated efficiency improvements to translate to a substantial cost-performance advantage over current generation power semiconductor devices, which opens a multi-billion dollar market opportunity for the B-TRAN™ and is generating licensing inquiries from power semiconductor companies."

Ideal Power plans to introduce the B-TRAN™ into the rapidly growing power semiconductor market, estimated to be $17 billion in 2015 according to research firm IHS Technology. The next major milestone for commercializing the B-TRAN™ will be testing a fully-packaged device.

Ideal Power believes its new B-TRAN™ technology can potentially address up to 50% of the power semiconductor market as a replacement for older, less efficient power switch technologies such as IGBTs and MOSFETs, as well as the newer gallium nitride (GaN) and silicon carbide (SiC) devices. Potential addressable markets for B-TRAN-based products include very low loss solid-state DC and AC contactors, electric vehicle drivetrains, variable frequency drives, solar photovoltaic inverters, bi-directional energy storage and microgrid power conversion systems, matrix converters and other power conversion products.

Based on third party simulations and testing to date, the Company expects the B-TRAN to deliver 10 to 200 times the cost-performance of current power semiconductor switches, depending on the switch type and configuration, with cost-performance being defined as the combination of device cost and on-state resistance. For a given cost, the B-TRAN™ is expected to have 10 to 200 times lower on-state resistance, while simultaneously having up to 10 times faster switching than other silicon-based switches.

About Ideal Power Inc.
Ideal Power Inc. (NASDAQ: IPWR) has developed a novel, patented power conversion technology called Power Packet Switching Architecture™ (PPSA). PPSA improves the size, cost, efficiency, flexibility and reliability of electronic power converters. PPSA can scale across several large and growing markets, including commercial grid storage, combined solar and storage, microgrids, and electrified vehicle charging. Ideal Power also has a capital-efficient business model that can enable it to address these markets simultaneously. Ideal Power has won multiple grants for its PPSA technology, including a $2.5 million grant from the Department of Energy's Advanced Research Projects Agency - Energy (ARPA-E) program, and market-leading customers are incorporating PPSA as a key component of their systems. For more information, visit www.IdealPower.com.

Safe Harbor Statement
All statements in this release that are not based on historical fact are "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Specific forward-looking statements include our comments about expected performance of B-TRAN™ products, potential technical advantages compared to competing technologies, potential markets we could address with our B-TRAN™ technology, and the potential market impact of this technology in these markets. While management has based any forward looking statements included in this release on its current expectations, the information on which such expectations were based may change. These forward looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of our control that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, whether the patents for our technology provide adequate protection and whether we can be successful in maintaining, enforcing and defending our patents, whether a demand for energy storage products will grow, whether demand for our products, which we believe are disruptive, will develop and whether we can compete successfully with other manufacturers and suppliers of energy conversion products, both now and in the future, as new products are developed and marketed. The B-TRAN™ is a new and novel technology. We may encounter difficulties manufacturing the B-TRAN™ (or having the B-TRAN™ manufactured) in commercial quantities with acceptable margins or at all, and commercially manufactured B-TRAN™ devices may not achieve the technical performance improvements we expect based on preliminary tests conducted to date. There are risks that the device might not achieve market acceptance in these markets. In addition, competitors may offer products based upon competing technologies that outperform the B-TRAN™. The costs of manufacturing, marketing and selling the B-TRAN™ may exceed our expectations so that we may not realize acceptable, or any, profit margins related to B-TRAN™ sales or license revenue. Furthermore, we operate in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligation to, update or revise forward-looking statements.

Ideal Power Media Contact:
Mercom Communications
www.mercomcapital.com
Wendy Prabhu
Email Contact
1.512.215.4452

Ideal Power Inc. Investor Relations Contact:
MZ North America
www.mzgroup.us
Matt Hayden
Email Contact
1.949.259.4986


MZ Group

http://www.mzgroup.us/

[Furor]

Ideal Power Reports Semiconductor Fabricator Successfully Tested Its B-TRAN Technology Source

[stocktrademan]

$IPWR recent news/filings

bearish 4.12

$IPWR charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com



$IPWR company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/IPWR/company-info
Ticker: $IPWR

$IPWR extra dd links

## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/IPWR/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/IPWR/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=IPWR+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=IPWR+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=IPWR+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/IPWR/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/IPWR/news - http://finance.yahoo.com/q/h?s=IPWR+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/IPWR/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/IPWR/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/IPWR/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/IPWR/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/IPWR/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/IPWR/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/IPWR/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/IPWR/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=IPWR+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/IPWR

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/IPWR/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/IPWR
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/IPWR/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/IPWR/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/IPWR/sec-filings
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/IPWR/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/IPWR/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/IPWR/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/IPWR/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=IPWR&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=IPWR
Short IPWRles (otcmarkets.com): http://www.otcmarkets.com/stock/IPWR/short-IPWRles
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=IPWR+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=IPWR+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=IPWR
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=IPWR
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=IPWR+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/IPWR/tab/8.1
Insider tranIPWRctions (yahoo.com): http://finance.yahoo.com/q/it?s=IPWR+Insider+TranIPWRctions
Insider tranIPWRctions (secform4.com): http://www.secform4.com/insider-trading/IPWR.IPWR
Insider tranIPWRctions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=IPWR
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/IPWR/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/IPWR/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/IPWR/insider-trIPWR
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/IPWR/insider-tranIPWRctions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/IPWR
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/IPWR
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/IPWR:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=IPWR
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=IPWR

[tykundegex]

I'm betting on the latter. In fact, I have a large bet already placed on the latter

IMO the "market" still doesn't even know about this small company. Trading volume has always been crazy thin. When word gets out, this can quickly become a $15 stock.. and 3-5 years from now it could be multiples more than that.

[vidarslien]

I agree that this is great news!

But either we are overestimating the possibilities, or the market fails to see that this is potentially a giant leap forward. Who knows?

[Furor]

And after such a good new, another red day :(

[tykundegex]

Huge! This is fantastic news! A whole new product line and market, that dwarfs what was already a large and growing market for their power converters.

Hopefully they just license the IP, and let the 800-pound gorilla's integrate the tech into their existing products.

"the global VFD market which is projected to reach $37 billion by 2026"

"The company plans to initially target low voltage AC drives, which make up 71 percent of the addressable market, through licensing and alliance partnerships."

"After undergoing months of testing by independent researchers at the University of Texas Center for Electromechanics (CEM) alongside a popular product from one of the world's leading VFD manufacturers, Ideal Power's PPSA-based VFD yielded superior performance results over the existing technology"

[Furor]

Ideal Power to Commercialize and Market Next Generation Variable Frequency Drives Based on PPSA Technology ->LINK

[tykundegex]

Modest open market buy from the CEO just showed up in SC filing. Sends a positive signal, but it was only $20k worth. Doesn't counter the damage (mostly perception) caused by the CTO's sales though.

Still like this company a lot. Nothing has changed except the share price, and that's more of a reason to buy IMO, than sell.

[tykundegex]

They don't make me nervous in the slightest way, as they were scheduled in the past. I'm pretty sure he's as upset that he chose to sell while the PPS is so low, although yes.. he can stop the selling if he wanted, but he has plenty plenty more.

Daily volume traded of this company has almost never exceeded 1% of the float, so it's really super thin. When the inflection point is upon us (in terms of cash burn becoming cash flow), and when the company attracts more investors.. it will turn quickly IMO.

By 2018 the company should be largely profitable on their 30 and 125kW units alone. BTRAN and VFD application may also just be getting started then too, which can only add to the potential.

[Furor]

I think the same, but the CFO sells make me a little bit nervous anyway.

[tykundegex]

This is one of those investments where I don't get nervous at all when the share price slides 50%.. I just scratch my head and wonder what the heck people are thinking, and then wish I were able to buy more at such attractive prices.

[ffoggy]

Many, many possible "game changers" are possible with this small company.

Once again, great posts tykundegex. Thanks for sharing your DD.

ffoggy

[tykundegex]

On the call yesterday, Brdar mentioned that their tests with VFD at the UofTexas were still on-going, and that they're using this work to determine how best to get into the VFD market with a product offering. More information expected around the end of March.

To put that sector into context, checkout slide 15 on the company's latest presentation from December, showing the expected market size for power converters by 2020, per sector:

http://content.equisolve.net/_fb278700058dbe0db1917887608b59df/idealpower/db/109/1997/pdf/IdealPower-Presentation-December2015.pdf

VFDs is $34bn, versus battery & microgrid at $2bn.

Clearly if the work they're doing at UofTexas bears fruit and they develop a competitive product for the VFD space, it's an absolute game changer for this already promising young company.

[tykundegex]

VFD background info from an article posted back in 2010 about the UofTexas research and testing being done with Ideal's PPSA

http://ati.utexas.edu/ati-member-company-ideal-power-converters-unveils-low-harmonic-vfd-motor-drive-in-field-tests-with-austin-energy-and-city-of-austin/

[tykundegex]

I completely agree. IPWR was a good investment at $8-10. Today at $5, it's incredible.

Unofficial call transcript posted on Seeking Alpha - makes for good reading:

http://seekingalpha.com/article/3890366-ideal-powers-ipwr-ceo-dan-brdar-q4-2015-results-earnings-call-transcript?part=single

One thing I love about the way this company is being managed -- they never overcommit. Low key, no hype.. just results. That, and the solid IP and big-name partners.

I expect Q1 revenue will be double Q4's, and they'll almost certainly achieve cashflow positive by/during Q4 2016 as they curb their R&D and increase the top-line.

[ffoggy]

Very good CC IMO.

I too wondered about the discrepancy in the backlog from previous quarters. It seems the bankrupt CODA may have been a contributing factor.

Very good clarity on the BTRAN device. IMO, the IP on the BTRAN alone may be worth multiples of the current market cap in and of itself. From what Dan says, the interest from potential customers appears to be very high for this technology... and this is really just in the first inning of this game...

A possible licensing deal with a Semiconductor Fab by year end on the BTRAN?..... Very impressive, if they can make it happen...... Sounds like they are coming to us, and not the other way around.

Just began my DD on the Nextera/Gexpro partnership, as well as the Boeing/US Navy deal....

All of this, yet we have sold off over the past few months.

Personally... I am continuing to accumulate shares, with my meager salary, while the rest of the world only focuses on whether we made/missed our projected top line earnings....

Don't look a gift horse in the mouth on this one......
I am confident that our patience will prevail.

GLTA,

ffoggy

[tykundegex]

It's hard to know the breakdown, but I'm willing to bet that PV, LED lighting and other things bore the brunt of the decline in sales for that unit.

It's entirely possible that revenue from their SmartStorage offering (where IPWR's products are used) actually grew, over the same period. In fact it would be almost hard to believe it didn't given how new it was just a year ago.

We'll get some answers next Thursday, hopefully along with some reasons to remain optimistic despite the decline in share price recently.

[vidarslien]

This does not sound good:
http://www.pv-tech.org/news/sharps-energy-solutions-unit-sales-fall-42.2
Let's hope it's their solar PV business that's dragging and not their storage product..

[kiy]

Volume the last 1/2 hour was interesting...the post I'm replying to was at 3:30 PM and volume was 15.5K..volume now reads 30K...
Too bad that last 1/2 hour of volume was mostlly selling...see 30 minute chart...
Daily

30minute

[kiy]

IPWR...news...***volume is the issue only 15.5 thousand shares traded so far today...need more players...no volume it remains a sleeper. On the volume graph 15K vol. appears to be the 10day average volume...
Enjoy...good trades...
http://finance.yahoo.com/news/ideal-power-announces-distribution-agreement-130500113.html
The distribution agreement gives Ideal Power access to WESCO's network of 80,000 worldwide customers and 500 branches in North America and overseas.

[tykundegex]

News: Ideal Power Announces Distribution Agreement with WESCO International

AUSTIN, Texas - February 1, 2016 - Ideal Power Inc., (NASDAQ: IPWR), a developer of innovative power conversion technologies, announced today that it has entered into a distribution agreement with WESCO International, Inc. (NYSE: WCC), a leading provider of electrical, industrial, and communications maintenance, repair and operating ("MRO") and original equipment manufacturers ("OEM") products, construction materials, and advanced supply chain management and logistics services. WESCO added Ideal Power's Grid Resilient 30kW and 125kW power conversion systems to its distribution portfolio in markets including California, New York and Hawaii, where the energy storage opportunity complements its core PV solar business. These grid-resilient power conversion systems enable the integration of solar photovoltaic systems and conventional generation with battery storage to deliver stable, flexible, and reliable energy whether on or off the grid. WESCO currently has inventory in stock at its warehouses in California.

"We're excited about the possibilities this agreement brings to our customers, particularly utilities and those working in remote locations," said David Bemoras, WESCO Vice President, Global Sales and Marketing. "These products have proven to be an economical choice by enabling customers to store energy created by solar and use it at a later time."

The distribution agreement gives Ideal Power access to WESCO's network of 80,000 worldwide customers and 500 branches in North America and overseas.

"This agreement with WESCO will give Ideal Power additional channels to market, increasing our access to WESCO's loyal base of customers," commented Dan Brdar, CEO of Ideal Power. "We look forward to working with WESCO as we continue expanding our business."

About Ideal Power Inc.
Ideal Power Inc. (NASDAQ: IPWR) has developed a novel, patented power conversion technology called Power Packet Switching Architecture™ (PPSA). PPSA improves the size, cost, efficiency, flexibility and reliability of electronic power converters. PPSA can scale across several large and growing markets, including commercial grid storage, combined solar and storage, microgrids, and electrified vehicle charging. Ideal Power also has a capital-efficient business model that can enable it to address these markets simultaneously. Ideal Power has won multiple grants for its PPSA technology, including a $2.5 million grant from the Department of Energy's Advanced Research Projects Agency - Energy (ARPA-E) program, and market-leading customers are incorporating PPSA as a key component of their systems. For more information, visit www.IdealPower.com.

About WESCO
WESCO International, Inc. (NYSE: WCC), a publicly traded Fortune 500 holding company headquartered in Pittsburgh, Pennsylvania, is a leading provider of electrical, industrial, and communications maintenance, repair and operating ("MRO") and original equipment manufacturers ("OEM") product, construction materials, and advanced supply chain management and logistic services. 2015 annual sales were approximately $7.5 billion. The Company employs approximately 9,300 people, maintains relationships with over 25,000 suppliers, and serves over 80,000 active customers worldwide. Customers include commercial and industrial businesses, contractors, government agencies, institutions, telecommunications providers and utilities. WESCO operates nine fully automated distribution centers and approximately 500 full-service branches in North America and international markets, providing a local presence for customers and a global network to serve multi-location businesses and multi-national corporations.

[tykundegex]

I love how this stock trades so under-the-radar. And despite the recent drop, I feel just as good about it today as I ever have. There is still enormous growth left in solar, microgrid, and BESS!

Until or unless there is a significant setback in commercialization, I remain optimistic about the share price looking out 1-3 years.

On a somewhat unrelated note, I read an article this weekend for the first time that proposes a large-scale implementation of HVDC across the US. Similar plans have come out of other initiatives (e.g. DESERTEC in EMENA), but little has become of it yet. In a world where the majority of our energy comes from renewables sources (DC), it makes lot of sense in term of efficiency/cost. But I'm hardly worried about it reducing the addressable market for IPWR anytime soon.

[Chas42va]

Reiterated outperform and buyrating for IPWR by multiple brokers in the last week --see image


Consensus Ratings for Ideal Power (NASDAQ:IPWR)
Ratings Breakdown: 6 Buy Rating(s)
Consensus Rating: Buy (Score: 3.00)
Consensus Price Target: $15.20 (172.40% upside)

Analysts' Ratings History for Ideal Power (NASDAQ:IPWR)
Show:

Date Firm Action Rating Price Target Actions
1/27/2016 Northland Securities Reiterated Rating Outperform

1/26/2016 HC Wainwright Initiated Coverage Buy $12.00

1/26/2016 Rodman & Renshaw
Initiated Coverage Buy $12.00

12/20/2015 Roth Capital Reiterated Rating Buy

[tykundegex]

Zacks cuts IPWR to "sell".

The fools

http://www.iramarketreport.com/ideal-power-inc-ipwr-cut-to-sell-at-zacks-investment-research/28195/

[kiy]

Wake Up Call on IPWR...where are the players...???????????

http://www.iramarketreport.com/ideal-power-inc-ipwr-coverage-initiated-by-analysts-at-hc-wainwright/16008/
HC Wainwright began coverage on shares of Ideal Power Inc (NASDAQ:IPWR) in a research report sent to investors on Tuesday, Market Beat.com reports. The brokerage issued a buy rating and a $12.00 target price on the stock.

Several other research firms have also recently weighed in on IPWR. Roth Capital reissued a buy rating and set a $17.00 price objective on shares of Ideal Power in a research report on Tuesday, October 20th. Rodman & Renshaw initiated coverage on Ideal Power in a research note on Tuesday. They set a buy rating and a $12.00 price target on the stock. Finally, Oppenheimer restated an outperform rating and set a $17.00 price target on shares of Ideal Power in a research note on Wednesday, November 11th. Five equities research analysts have rated the stock with a buy rating, Ideal Power currently has a consensus rating of Buy and a consensus target price of $15.20.

Shares of Ideal Power (NASDAQ:IPWR) opened at 5.51 on Tuesday. The company’s market cap is $51.79 million. Ideal Power has a 52 week low of $5.00 and a 52 week high of $11.53. The firm’s 50-day moving average price is $7.25 and its 200 day moving average price is $7.59.

Ideal Power (NASDAQ:IPWR) last posted its quarterly earnings data on Tuesday, November 10th. The company reported ($0.31) earnings per share for the quarter, missing the consensus estimate of ($0.30) by $0.01. The company earned $895 million during the quarter, compared to analyst estimates of $1.07 million. On average, equities analysts predict that Ideal Power will post ($1.24) EPS for the current fiscal year.

In other news, Director Mark L. Baum sold 29,063 shares of the company’s stock in a transaction that occurred on Friday, November 13th. The stock was sold at an average price of $7.54, for a total value of $219,135.02. Following the sale, the director now directly owns 25,898 shares in the company, valued at approximately $195,270.92. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CTO Bill Alexander sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, November 23rd. The shares were sold at an average price of $7.49, for a total value of $37,450.00. Following the completion of the sale, the chief technology officer now owns 447,996 shares in the company, valued at $3,355,490.04. The disclosure for this sale can be found here.

Ideal Power Inc. (NASDAQ:IPWR) provides solutions for markets, such as battery energy storage systems, integrated renewable energy and storage, and microgrid applications. Ideal Power has developed an electronic power conversion technology called Power Packet Switching Architecture (PPSA). Ideal Power’s PPSA is a transformerless power conversion system that provides the necessary electrical isolation required to connect electrical devices together on the grid. As of December 31, 2014, the Company was selling six power conversion products utilizing its PPSA technology: a 30kW photovoltaic (PV) inverter, a 30kW battery converter, a 30kW grid-resilient alternating current (AC)-direct current (DC)-DC multi-port power conversion system, a 125kW grid-resilient AC-DC power conversion system, a 125kW grid-resilient AC-DC-DC multi-port power conversion system and a 30kW grid-resilient AC-DC power conversion system.
Daily...I'd like to see what momentum looks like above $6...stop is $5.20...so not a lot of risk here...

[tykundegex]

Poor Bill. Seems his planned gradual sale of shares is simply too early. His sales alone account for a significant % of the volume on the dates in question, which when coupled with a super-thin bid volume due to the fact that the company is still largely unknown, has a direct impact on the share price.

That said, finding a stock before the masses do, can be a very lucrative thing.