iBankCoin
I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
4,121 Blog Posts

Swing Trade Plan for $DDD

I started buying 3D tech this morning with a 1/3 entry.  This equates to roughly 3.5% of my risk portfolio.  My goal is to continue having price come against me so I can build to at least 2/3 in size.  If however we turn higher here, I will be obligated to take my first target and wait for a new opportunity to enter.

This trade is me getting back to my swing trading roots in my favorite industry, technology.  If I side with any political party it is the futurists.  I am intrigued by the people behind companies who are technology ambassadors to the world.  They are disruptive and have more potential then established cash cows.

3D is almost 50% off the high water mark we printed late last year.  This is an overreaction and a welcomed one by me, because I have been left out from owning this company for a very long time.

Without further adieu, here is my wish list plan for accumulating 3D technology.  Hopefully it craters after earnings, which I will be holding through:

DDD04102014

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14 comments

  1. Raul3

    I have $120 TSLA shares from 2013. This is how you get cozy positions in intriguing new technology, YOU BUY THE MOMO BLOOD

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    • matt_bear

      is this a spot for a tsla add? or do you wait for sub 200?

      what’s your opinion on where it ultimately goes? is it another nflx/goog/aapl type price area?

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      • Raul3

        I don’t have a clear read on TSLA right now, but I wouldn’t short it

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  2. James

    What do you think SCTY here ? Would you buy ? I’m holding for long term.

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    • Raul3

      risk to about 52.50 unless you really love the business then build you risk base on $40. Looks like a spot for a bounce at the least

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  3. elizamae

    Damn, I like it. I highlighted basically your entire “buy” area as an area of “value” last night. 85 is also my target. Good stuff.

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  4. managerlou

    Great plan Raul, way to fight back.

    That modular phone concept is sweet too! Fun stuff.

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    • Raul3

      One bite at a time, like eating an airplane. There’s tons of 3-D printers, but how many are in bed with the internet gods GOOG?

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  5. Martin

    Raul – any thoughts on a speculative 3D play in SGLB?

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    • Raul3

      Easy to manage here, but I am focusing on best in breed for now. But thanks for putting it on my radar because I can start going degenerate if it gets moving

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  6. gorby

    Why not what for earnin Raul.High
    probability they suck

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    • Raul3

      Because what if they suck but the stock rips, or they’re great and the stock nose dives? Another 30% lower at this small a position size and I lose 1.05% of my book. Legging in and adjusting as new information presents itself. this ~ 50% haircut is as good a place as any to start getting involved.

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  7. gorby

    Thanks.I purchased HP to cover my 3d printing bet a while back. did okay

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