<I’m curious, are you or any others that are reading this considering buying any on that list since they all have dropped? Mazske
Mazske, Let’s look at the list and why I sold some of them.
Westport Innovations (WPRT)
Tile Shop (TTS)
Lumber Liquidators (LL)
3D Systems (DDD)
Pandora Media (P)
Atwood Oceanics (ATW)
Proto Labs (PRLB)
XONE and WPRT I sold because they were story stocks with great stories but losing lots of money, lots of money. But I sold WPRT at $30. Perhaps you could consider a “punt” as Anirban said, now at $7.50? Who knows? MF still likes it, but they LOVED it at $30.
I sold TTS because they couldn’t get their business together, as I remember. They were at $30 a year or a year and a half ago, but they are now at $9.50. LL has a similar story. Anirban thinks that they may get their acts together, but I have been hesitant with buying companies with chains of stores. (How far can they go?)
PRLB is a great company but at a huge PE for moderate growth.
Z is at over a 200 PE and if they doubled their earnings next year, and then doubled them again the year after, their PE would still be over 50.
DDD and other 3D stocks were hyped and up to huge valuations compared to their growth.
Sina I was never in and know nothing about, but when looking up LL, I happened to notice LLEN, priced now at 10 cents. I have mentioned that 11 out of 13 of the little Chinese stocks I had been in about four years ago turned out to be fraudulent. It looks like LLEN joined the group and it’s now 12 out of 13. They got delisted. Don’t buy Chinese stocks.
Atwood I don’t follow any more and don’t remember why I got out. They do huge drilling platforms, and their ups and downs have to do usually with the oil market.
All in all I prefer buying companies that are doing well rather than ones whose businesses are crashing. In that list at least Z, PRLB and maybe DDD (I haven’t followed them recently) are doing well business-wise, but are overly priced. WPRT may pull out of their nose-dive, but do I want to bet money on that?