RVLT today announced they acquired Relume Lighting Technologies, a fine company in my neck of the woods. I’m loving how they structured this deal, paying only $5 million and offering the remaining ten large in common stock. They’re aligning goals by getting everyone vested in the share price. And by acquiring Seesmart and Relume they’ve become a formidable competitor in the lighting grade LED space.
Shares are up modestly on the news, but I wish they were down. I want a huge position in this name. I have a current cost basis of $4.35 and about 8 percent of my portfolio invested. I want to be 20 percent invested…a concentration of sorts only a madman would consider. And I want to hold it for years, or until I feel the management is not executing.
Right now I love these guys.
Consider this my hype piece on RVLT. I’m not going to pump this name, but I will be swinging it intermediate to long term.
The challenge here will be sitting on all the profits, watch.
No charts needed here. I have GTC orders at $3.20 and $2.15. Hook it up.
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😉
*alert* …’Mighty Bear Mauling”
this 2013 stock pick is looking pretty (((GNARLY))) here.
gotta Love Da Bears..
(d@mn)
small add here:
Status Filled at $32.73
Symbol SRPT
Description SAREPTA THERAPEUTICSINC COM
Action Buy
bringing back down..(30?)
well, alrighty then.
cost avg up on dip at 3.73
disco duck add..to 60k shares (big spec) It was a gift last yr. and I’ve danced with this little fella(core) forever, it seems.
added to that POS azes..1.39 cost avg down.
I’ve traded around STSI a bagillion times,posting on these pages, and am taking profit here from this scoop:
05/01/2013 YOU BOUGHT
STSI STAR SCIENTIFIC INC
Price: $1.1685
_________________
Status Filled at $2.1402
Symbol STSI
Description STAR SCIENTIFIC INC
Action Sell
08/13/2013, 12:01:48 PM ET
(+83%)
remain long half position at above entry
sold small portion of remainder POT scoop @ 28.97(posted on Chess’ )
here: Filled at $31.15(+7.5%)
(one handed typing today..sorry bout that)
also taking a bit of profit on my TBT position posted entry(chess..;)
here:
5/01/2013 YOU BOUGHT
TBT PROSHARES TR PROSHARES ULTRASHORT 20+ Y
Price: $58.73
————————-
Status Filled at $78.3705
Symbol TBT
Description PROSHARES TR PROSHARES ULTRASHORT20+ YR TREAS NEW
Action Sell
08/13/2013, 01:32:19 PM ET
(+33.44%)
remain long 3/4 position
and..
more off LULU (posted chess)
Acquired 06/21/2013 at $60.01
Status Filled at $74.73
Apple so sweet..;))
WTF, SGT Friday, don’t buy stage 4..
Hahaaha
Joining you on the $RVLT train. I like to long tail bar today.
Cheers!
Get it Zen, trade’em well!
I’m going to immediately take your current rss once i cannot to find your own e-mail membership link as well as e-newsletter company. Are there any kind of? You should ok, i’ll understand to make sure that I may join. Cheers.