Trade Alert: Speaking at SF Money Show (and tranching two wearables stocks)
VACATION ALERT: I’m going to take the next few days off for a much needed break away from the computer and Internet in general. I’ll be back next Tuesday night and will have lots pent up to write about when I hit the ground running again next week.
Until then, a couple other things to tell you about.
I’m going to be at the The MoneyShow San Francisco speaking along with Steve Forbes, John Bollinger and a bunch of others, on August 21-23 at the Hilton Union Square.
My presentation is on Thursday, August 21, 5:50 pm – 6:20 pm and it is called:
Trading 2.0: How to Leverage Social Networks and Crowd Sourcing to Become a Better Trader
Registration and my talk are free, so if you want to make a trip or if you’re in the Bay Area, click on this link and sign up for the show.
http://www.moneyshow.com/TradeShow/san_francisco/moneyshow/?scode=036152
Finally, a couple trades with the portfolio as I head out. I’m still concerned about the possibility Fog of War factors hitting the markets in the near-term but our portfolio is positioned as I want it to be, according to our playbook and our analysis for now.
I’m adding another larger tranche of Ambarella and a smaller tranche of IXYS today. Just scaling into these positions and trying to build them up to where I think they should be in the portfolio. I do expect that I’ll have twice as much capital exposed to AMBA as I do in IXYS by the time I finish building these positions in the next few weeks. I think the upside growth potential of camera modules from AMBA being in wearables everywhere in five years is huge and I want to build it into a Top 5 position, especially if the stock would come down to the mid or even low $20s anytime soon, though I don’t expect it will.