Speaking from an entirely unbiased position, I can tell you with unbridled certainty that the LED trade is about to be a huge mover for the remainder of Q1.
If you have read along over the years, you know I am bullish lighting grade LEDs on a macro level. I see the opportunity to invest in a green technology as well aligned with the agenda of our current administration and a technology that is finally where it needs to be to allow enterprising folks to bring it to market. Corporations have lots of cash on the balance sheets, and stock buybacks are only as effective as your last, and going green is cool—especially when it reduces operating costs in a meaningful way.
There has been lots of weakness in these stocks for months. I have ridden out the entire consolidation from a position of power, a position accomplished by getting large in 2012.
My holdings in RVLT, CREE, LEDS, and OESX have eclipsed all prior exposure levels right here right now. And I am in no hurry to sell. It is time to sit back and let the trade work, slowly.
Full Disclosure: I hold a basket of LED stocks. This is a concentrated, high risk position. I may lose money. If you buy any of these stocks because of this post, you may lose money.
http://youtu.be/tKi9Z-f6qX4
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interesting timing. i trimmed back some RVLT, it’s now only 15% of my portfolio.
It’s all about what didn’t happen to $CREE last week. It looks like the spark
Liking that OESX chart here, will watch it.
nice