Axion Power International,Inc.(OTC:AXPW) is maybe one of the few penny stock companies enjoying discussions over the Internet based on dignity, knowledge and respect. Which is important when you are doing due diligence on a technology company and trying to understand the value and potential of its product. 
It is no surprise that the stock of Axion keeps accumulating value. Both potential and current shareholders have lots of information sources (e.g. tech researches, reports, industry experts analysis), based on which they can make an informed decision.
The usual bashing vs. pumping articles and posts for Axion are replaced by informed opinions, backed up by technological data from reputable sources. As it seems, most traders come to the conclusion that this company is really going to make it to the top, since the $0.58 price per share in January is now heading for the psychological limit of $1.
On a related subject, the hype on the market for Axion might be also inspired by the long-awaited fourth quarter and yearly results for 2010. The date for them is set to March 31st., so two more intense weeks would probably follow on the stock market. If they are similar to the ones in the 10-Q covering the first three quarters of last year, there would probably be a trading frenzy going on in April as well. These are some extracts from the 10-Q in question:
- total current assets of $18 million;
- total current liabilities of $1.5 million; [BANNER]
Not too bad, but it is actually the statement for the first quarter of this year that is more important. Just last week, the CEO of the company announced that the company has received orders for immediate delivery of its flooded lead-acid batteries. The potential, according to the company is estimated at somewhere between orders for $3.5 and $8 million dollars.
