I've recently tried to divide the stocks in my portfolio into (1)those which seem to have cutting edge technology and rapidly increasing revenue,and (2)those with only cutting edge technology.
As far as I can tell, HGRM is the only company in my holdings which falls in the first category. ALMI and VETX may move to that category, too, but I can't tell yet. PCTR, AVAL, PLFM, BNTI, DCTC and some others seem to have only the promising technology - no significant revenue.
We hold on to these little companies sometimes for years in hopes they'll finally get recognition. In the mean time, we usually miss some other excellent opportunities. I've decided to wait MUCH longer before investing in promising new technology. Instead, I'm going to require that a company have both the technology AND existing, growing revenue streams. In other words,I'm going to start switching more money out of some of the named stocks and more into the likes of HGRM.
I've been thinking about taking another run at NPCT because there seems to me rumors buzzing around about a big announcement. If/when the announcement comes, the stock will certainly begin to take off.
But I believe the real money to be made, if any, will come in years to come, after the technology is accepted by a couple of movers and shakers, and revenue actually begins to flow to the company.
Just some thoughts. Figured we needed something to talk about over here. |
