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| Alias Born | 10/14/2013 |
Thursday, January 29, 2015 4:28:40 AM
Actually, I have what I have now primarily because of the market and choices I have made over the past 35+ years. I simply recognize that I am not good at picking the exact entry points, so my personal style is to look for companies with great potential and buy. Every time that I have more free $ to invest I look to see where I think the risk-reward balance is in my favor and go for it. At the current time, and for the past 18 months or so, the most frequent choice for me has been SGLB.
Unless you have inside information you will not know news before it comes out, and in fact, unless you are a hedge fund manager or brokerage house you will not get the news before the rest of the general public and in all probability you will not be the first to act. Every day events like dental appointments or beach time will pull attention away from the market and a lot can happen while not being able to pay attention to the market.
Do what works for you and what is within your comfort zone. For me, loading up on SGLB is very comfortable because I have faith that this technology is going to be adopted by OEMs for very high priced parts, thus allowing SGLB to recieve a lot of $. I see no other technology that is as close to widespread adoption as that behind PR3D. The progress made by SGLB over the past 18 months or so that I have been following it is, IMO about to reach the break-through point. As additive manufacturing is more widely adopted and the engineers design parts which can only be manufactured by additive techniques, traction will increase. It may not be this quarter or next. Simply putting INSPECT or DEFORM out into the market is not going to enough. Necessary but not sufficient. GE is ramping up at Auburn. They have advertised for an engineer who has experience in 3D printing..maybe it is multiple positions. (btw thanks to someone on this board who posted the link for that) now is the start, or perhaps just the warm up before the real start. At some point there will be multi-million dollar contracts, sequential quarters with increasing revenues, year over year increasing revenues..and then the pps will be very very far north. Until then, I will continue to buy more of SGLB as long as it appears to be the best balance of risk-reward of the available options.
Until then, I will continue to invest in my style - buying companies I believe have great potential and not worrying about exact entry points or day to day price fluctuations. I will continue to use dental floss so that my visits to the dentist are less likely to have negative surprises, and despite my conventional use of dental floss, I will continue to appreciate the more creative uses and demonstrations of dental floss.....
patience and GLTA
Unless you have inside information you will not know news before it comes out, and in fact, unless you are a hedge fund manager or brokerage house you will not get the news before the rest of the general public and in all probability you will not be the first to act. Every day events like dental appointments or beach time will pull attention away from the market and a lot can happen while not being able to pay attention to the market.
Do what works for you and what is within your comfort zone. For me, loading up on SGLB is very comfortable because I have faith that this technology is going to be adopted by OEMs for very high priced parts, thus allowing SGLB to recieve a lot of $. I see no other technology that is as close to widespread adoption as that behind PR3D. The progress made by SGLB over the past 18 months or so that I have been following it is, IMO about to reach the break-through point. As additive manufacturing is more widely adopted and the engineers design parts which can only be manufactured by additive techniques, traction will increase. It may not be this quarter or next. Simply putting INSPECT or DEFORM out into the market is not going to enough. Necessary but not sufficient. GE is ramping up at Auburn. They have advertised for an engineer who has experience in 3D printing..maybe it is multiple positions. (btw thanks to someone on this board who posted the link for that) now is the start, or perhaps just the warm up before the real start. At some point there will be multi-million dollar contracts, sequential quarters with increasing revenues, year over year increasing revenues..and then the pps will be very very far north. Until then, I will continue to buy more of SGLB as long as it appears to be the best balance of risk-reward of the available options.
Until then, I will continue to invest in my style - buying companies I believe have great potential and not worrying about exact entry points or day to day price fluctuations. I will continue to use dental floss so that my visits to the dentist are less likely to have negative surprises, and despite my conventional use of dental floss, I will continue to appreciate the more creative uses and demonstrations of dental floss.....
patience and GLTA
