Replies to post #279 on Ideal Power Inc (IPWR)

[vidarslien]

I agree it's frustrating. But then again, it is so thinly traded that very small amounts can move the stock significantly. Also, lately it has been following oil very closely.

There is an interesting take on the YMB today, where a piece from December says that Eos got an award for a 10MW/40MWh project from PG&E. That should translate into 10*8 = 80 units of Ideal Power's 125kW converters, which in turn should translate into approx. $3m in sales. Adding to the 14.5MW order, equivalent to almost $5m in sales, announced in November, their 2016 expected sales is approaching $8m, granted that the PG&E project is built in 2016.

If so, it would mean a 100% growth from 2015 sales, with all other deals being counted as a bonus :-)

But of course, nothing is certain, and a further drop in the market and/or oil will most likely destroy even more of IPWR's share price.

Patience is a virtue...