iBankCoin
I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
4,080 Blog Posts

$RVLT IS GOING ON A LAND GRAB

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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8 comments

  1. Sooz

    😉

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  2. Sooz

    *alert* …’Mighty Bear Mauling”
    this 2013 stock pick is looking pretty (((GNARLY))) here.
    gotta Love Da Bears..
    ([email protected])

    small add here:
    Status Filled at $32.73
    Symbol SRPT
    Description SAREPTA THERAPEUTICSINC COM
    Action Buy

    bringing back down..(30?)
    well, alrighty then.

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  3. Sooz

    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)

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  4. Sooz

    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

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  5. Sooz

    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

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  6. Zenhunter

    Joining you on the $RVLT train. I like to long tail bar today.

    Cheers!

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  7. best smartphone 2013,best smartphones 2013,best android smartphone,best 8 smartphone 2013, best theme for android, best smartphone on the market,android smartphones,2013 best apps for android smartphones, best smartphone powered by android,android the bes

    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.

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