Well, DIIG is supposed to earn $2.50/share easily this year, and is growing sales over 30% (had a bit of a slump this past year due to semiconductor industry downturn), yet trading at less than 10 x next
year's earnings...solid balance sheet, etc.
WNDR is a turnaround play but pretty much creating a new standard in
the manufacturing controls arena...you might enjoy reading the WNDR thread...lots of informed posts by engineer/techie types over there.
I'd imagine either of those has an excellent chance of giving you 50% returns in the next 12 months with extremely little downside risk.
I'm not saying PTEC isn't a good investment, Tim, I own it now, I'm just saying not even Warren Buffett puts all his eggs in one basket.
It appears you have owned ONLY PTEC for the past 9 months or so, and it has gone down in the midst of a roaring bull market. Yes, your reasons for owning it are sound, but you remind me of some of the guys who show up on CNBC time after time and explain why they have been "intellectually correct" about the market and why it should have corrected by now, and why it is too high, etc...these guys admit no wrong, and try to explain why they are smarter than everyone else and it is everyone else who is wrong...Meanwhile, as Joe Kernan says, that "don't pay the bills"...
I probably deserve to be flamed after this post, but it just seems you've fallen in love with PTEC to the point that you really wouldn't even consider diversifying a bit...
Mark. |
