Posted by BigSm00th:
Alternative energy technology companies are over speculated as it is
and in the case of a pullback, I would rather own an alternative
energy RESOURCE company such as coal, I own JRCC since 37. If i was
to slump into the speculative alternative energy space I would likely
go to a company in the GTL (gas to liquid) technology or LNG (liquefied natural gas).
Also, I do not hold for 10 years, maybe 10 days???
Hybrid cars-interesting idea, but almost the same as your last
idea...alternative energy...new energy bill will benefit, again 10
years is way to long.
Railroad infrastructure- i would rather own petrochina because most
chinese dont even use cars, that company will benefit more so in the
shorter term.
i hope briggs' ideas turn out better than his last, what was is like
lightpath or something?
name some companies briggs.
^From my younger brother, who is into this kind of stuff. I know nothing about it.
[Edited by - bigsm00th on 07/31/2005 13:43:48]
Laser type technologies are going to play a big part of the future in various fields including military, health, manufacturing etc.. for example
http://news.yahoo.com/s/hsn/20050804/hl_hsn/lasertreatmentkillscancercellsinlab
I dont want to think about the numbers here, because literally we are talking huge. Lightpath is a little pebble in the ocean, but that is where the biggest risk reward plays are. Ive hit a few of these in my life and missed a few. hitting oNE is more lucrative than losing 5. If you allocate 10-15% of your portfolio to these types of stocks with reasonable stop losses attached, in a long term appraoch you should have a good chance to do well in your speculative portion of your portfolio. Im not a 10 day investor, Im more of a long term short seller than anything else. I worked for Schwab out of school and then on to a small hedge fund that I ended up as a partner and still have ties to. But for the most part, I relax:>)
