Taking yourself out of the proverbial shark tank that is the stock market for a few days leads to some interesting observations. Once outside the tank, you’re better able to observe the water you’ve been swimming around in. It’s a higher sense of self understanding, if you will.
After buying AMBA Tuesday morning, I’ve been inactive. This is in part because the purchase took my cash down under six percent. What little cash I have left must be used to average into CREE and RVLT should the opportunities arise.
Speaking of RVLT, I’m now minus thirty percent on my basis. Investing, it seems, is a tricky endeavor. On one hand, I know they have to potential to make hundreds of millions of dollars retrofitting businesses with LEDS. I also love the vertical model they’ve built with their recent acquisitions. On the other hand, I’m in an ugly chart in a company that was up over 600 percent in one year’s time. Yeah…
But I’m keeping my investor hat on and entrenching into the LED industry. CREE, AIXG, and RVLT are multi quarter holdings.
Just before heading out last week, I increased my oil exposure. Nice timing, yes? I still have positions in END, MHR, and USO. Until the Libyans find out they didn’t in fact kill Doc Brown because Mike Fox used the time machine to warn him to wear a vest, I’m sticking with these positions. I may trim a bit of exposure into further strength.
I passed through no less than four po-dung towns on my travels, and in every case I depended on YELP to find my palatable food with a reasonable atmosphere. I did the same in Traverse City, a much finer and top hatted community. Why not use Google? Because the YELP interface is BETTER, you jack asses.
ENPH and YGE are both lit sticks of dynamite. I intend to stick said dynamite in the tail pipes of the shortmobile.
LO will succeed in addicting teenagers to Blu Eciggarets and I will collect a lovely coupon, much higher than any government or corporate paper, at little or no risk to my person. Same goes for O, except for the teenager part.
IMMR, F, and FB round out my book of long positions.
I’ll be back this evening with an update on Bossram Alpha and El Roi, my drone strike robots.Comments »