Guinness'  Instablog

Send Message
I consistently beat the markets for fun and profit.
My company:
Riding The Gravy Train
My blog:
Riding The Gravy Train
  • Voxeljet (VJET) Doubled Since Our Buy A Month Ago, Raising Stop And Buying Makism 3D Corp. (MDDD) And Vapor Corp. (VPCO)  0 comments
    Nov 15, 2013 5:51 AM | about stocks: VJET, VPCO

    We announced purchasing Voxeljet (NYSE:VJET) less than a month ago, writing:

    "Those bullish on the 3-D printing sector will find this company especially compelling, perhaps even a value. Volatility is a given, and while upside is tremendous initial public offerings are best participated in cautiously and by those with experience in such issues. It could as easily be at $50 as $15 in a couple of months, perhaps a couple of weeks."

    At the time it was $29. Three weeks later it hit $50.

    Earlier this month we described our stop strategy for this holding. Since it has gone so high so quickly, we're switching strategy and simply now raising our stop to $44.90

    Yesterday VJET announced its quarterly results.

    Makism 3D Corp (OTCPK:MDDD), a little-known 3D printing stock, began to trade recently and we're going to open a position.

    It last closed at $1.20 We'll sell on any closes below $1.00

    (click to enlarge)

    Vapor Corp. (NASDAQ:VPCO) describes itself as "a leading supplier of electronic cigarettes with a diverse product portfolio that includes the most recognized brands by both retailers and consumers in the industry. Vapor Corp. is also the only fully reporting, publicly traded electronic cigarette company in the United States."

    We're also buying VPCO, as it appears that its downtrend is broken:

    (click to enlarge)

    VPCO last closed at $0.96 and our initial stop will be to sell on any closes below $0.80

    News: Global demand for physical gold totaled 868.5 metric tons during the third quarter, according to the World Gold Council, a 21% drop from the third quarter of 2012.

    Here's a look at the NASDAQ:

    (click to enlarge)

    Disclosure: I am long VJET.

    Stocks: VJET, VPCO
Back To Guinness' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Most Commented
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.