Well we’re down to my smallest four positions. These are
SCTY
INBK
JCOM
AEYE
They vary in size from SCTY, about 3.5% to about 1.67% for AEYE.
I guess the question on these should properly be, “Why are they so small?”
Well, SCTY isn’t so small at 3.5%, and it’s a great, rapidly growing company, and the recent three part set of articles about it on Motley Fool explained the company well, but it’s still hard for me to get a firm grip on its finances so I’ve kept it smaller than some others.
INBK looks like it’s doing very well and turning things around since their their refinancing business dried up, but it’s very illiquid, and if I took a much bigger position I could get locked in.
JCOM is a funny company. They are slow growing, but steady, and at a low PE, but they have a very low beta, so when I need money in a hurry to buy something, I always seem to sell part of my JCOM, and then buy it back when things are calmer. It keeps the position from getting bigger though.
Finally AEYE is a penny stock, for which I have hopes of rapid growth, but lots of doubts too, and it will stay small.
I’m with you on SCTY. My current position is somewhat smaller than yours, but I’m keenly interested. The statistics regarding the growth of the solar industry are impressive. But, hey, it’s a diverse industry. The way I approached it is to take stakes in a number of key players: JASO, SCTY,FSLR, SPWR and SUNE. So far, SUNE has brought the greatest rewards, but it’s a complicated company and I still gots lotsa research to do.
My standard approach is to establish a 1% stake in a company and begin my research. As the saying goes: “Nothing focuses the mind more than a noose around the neck.”
Oops, I forgot to mention Enphase (ENPH). Silly me. I have an overweight position in ENPH. I’ve been trading in and out of Enphase for over a year, never quite convinced it’s the real deal (though I’ve reaped substantial rewards by trading in and out). I’ve since reached the conclusion that it is, in fact,a serious player in the solar sector. I’ve posted a comment or two about ENPH over at the Hounds.
>Oops, I forgot to mention Enphase (ENPH). Silly me. I have an overweight position in ENPH. I’ve been trading in and out of Enphase for over a year, never quite convinced it’s the real deal
Interesting. I never considered Enphase, even though I use their product every day. They provide the service for monitoring my solar installation, and it never entered my mind to check them out as a possible investment.
