Thanks Kanya. If I'm frustrated, I'm a frustrated asshole. I'm doing fine outside of Sigma. I have posted over and over again that putting a large portion of your portfolio in anything as risky as Sigma is potentially a very big mistake. My rule of thumb is 3% - 5% is the max purchase in any one name. That is my rule for Apple, Sigma and any stock in between. It has kept me out of trouble. I will let stocks run to over 5% if the story is still in place and will automatically sell half on a double. Today, over 65% of my investments are in etfs or mutual funds. Cash is at 9.5%. High for me because things have run and I think there may be opportunity if there is a second wave of covid. Much of my etf holding is SPY. If there is a covid size pullback or GFC type event, I have/will sell some of the SPY in small chunks on what I think is the bottom and load up on UPRO, a triple levered etf. I sell that on the way back up and buy back SPY with proceeds. I would call myself moderately conservative but have never owned fixed income other than cash.
The reason I got into Sigma and the reason I hang around is the potential of the concept. A room full of autonomous close looped machines manufacturing widgets 24 hrs a day 365 days a year is coming. The company that figures out the close looped part is going to do just fine. I thought that was going to happen about 7 years ago. I am down big % wise with Sigma since I bought in years ago. If there is any spark or news of a sustainable revenue flow, I will buy more. So far the only money I have made here is as a trader. The split adjusted price of Sigma in October 2013 was between around $200 and $400. Buy and hold got me nowhere.
More than you care to know I'm sure but that's what us assholes do. I hope you have a lovely day in whatever part of the world today finds you.
"I like long walks, especially when they are taken by people who annoy me"
