Posts
Today is going to be an overly active day for me.
Sold: 3D Systems
I sold half my position in 3D Systems (DDD) at $84.10. The sale reduced me down to 67 RShares total. The price point was selected because it marked a 100% return in my 5 months of ownership. My original investment is off the table and I'm playing with the house's money. I continue to hold shares of ExOne (XONE) and Stratasys (SSYS). 3D printing has been a bright point in my portfolio lately, especially since my other "amazing technology that will change the world" stock... Nuance (NUAN), has been an anchor holding me back.
Bought: Siemens
I love the automation play offered by Siemens (SI). They are fresh off an earnings disappointment and have lagged the S&P since the 2011 lows, but have been coming on strong lately and offer a very steady return. I don't know what industry will boom next, but I'm relatively sure that industry will be buying Siemens products to provide it's automation, power transmission, & distribution. I picked up 40 RShares of Siemens at $131.03.
Bought: MOO
I remain very worried about the market; but I am relatively certain if there is a pull back, I'll still eat, you'll still eat, virtually everyone will continue eating. Agribusiness is an investment opportunity I've been interested in since returning from my time in the Peace Corps. World population is going up, usable farmland is going down, and that trend can't be quickly reversed. I've got an exposure to agribusiness through DBA, and DAG in my portfolio right now, but those are both aimed for me to offload on a spike, MOO is a long term play that I feel can weather a correction and then catch the boom that follows. Today I bought 107 RShares of the aptly named 'MOO' at $54.16.
Sold: 3D Systems
I sold half my position in 3D Systems (DDD) at $84.10. The sale reduced me down to 67 RShares total. The price point was selected because it marked a 100% return in my 5 months of ownership. My original investment is off the table and I'm playing with the house's money. I continue to hold shares of ExOne (XONE) and Stratasys (SSYS). 3D printing has been a bright point in my portfolio lately, especially since my other "amazing technology that will change the world" stock... Nuance (NUAN), has been an anchor holding me back.
Bought: Siemens
I love the automation play offered by Siemens (SI). They are fresh off an earnings disappointment and have lagged the S&P since the 2011 lows, but have been coming on strong lately and offer a very steady return. I don't know what industry will boom next, but I'm relatively sure that industry will be buying Siemens products to provide it's automation, power transmission, & distribution. I picked up 40 RShares of Siemens at $131.03.
Bought: MOO
I remain very worried about the market; but I am relatively certain if there is a pull back, I'll still eat, you'll still eat, virtually everyone will continue eating. Agribusiness is an investment opportunity I've been interested in since returning from my time in the Peace Corps. World population is going up, usable farmland is going down, and that trend can't be quickly reversed. I've got an exposure to agribusiness through DBA, and DAG in my portfolio right now, but those are both aimed for me to offload on a spike, MOO is a long term play that I feel can weather a correction and then catch the boom that follows. Today I bought 107 RShares of the aptly named 'MOO' at $54.16.
No comments:
Post a Comment