The fund has purchased shares of Virgin Galactic. Shares were purchased for $16.95. The fund will likely be holding this stock well into the future while also understanding that this is a new company in a new industry.
This company is one that we believe will improve life, stretch the capacity of the human existence, and benefit financially for taking the risk to do so. The company's mission can be found on their website by clicking here. The reason why the mission is not simply posted is that you need to experience the website. There is a lot to learn and be inspired. The management is solid with Chamath Palihapitiya as CEO. Finances are good. Orders are on the upswing.
**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog, kdkfund@gmail.com, or on twitter @kdkfund.
Tuesday, June 9, 2020
Sunday, June 7, 2020
June 1-5 Metrics and Notes (Fuel Cell Energy, Hannon Armstrong, Hive Blockchain, more)
Below are some metrics and notes for the fund during the past week.
- The fund sold its position in Fuel Cell Energy. The stock has moved up into a resistance area and provided a profit over 30%. The post for the trade can be found here.
- The fund purchased and equity stake in Hannon Armstrong (symbol HASI). The company's focus on climate change and financial statistics has shown them to be a leader in the space. The post for the trade can be found here.
- The fund purchased more shares in Hive Blockchain (symbol HVBTF). The company continues to increase its mining capacity using clean energy. The post for this can be found here.
**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog, kdkfund@gmail.com, or on twitter @kdkfund.
Security/ Project | Type | Date of Purchase | Cost of Investment | Current Value | Return % |
Hive Blockchain | Stock | 4/16/2020 | $0.22 | 0.29 | 31.82% |
Social Capital | Stock | 5/1/2020 | $10.20 | 11 | 7.84% |
Hannon Armstrong | Stock | 6/5/2020 | 30.76 | 30.18 | -1.89% |
Microvision | Stock | 5/18 | $0.93 | 1.02 | 9.68% |
- The fund sold its position in Fuel Cell Energy. The stock has moved up into a resistance area and provided a profit over 30%. The post for the trade can be found here.
- The fund purchased and equity stake in Hannon Armstrong (symbol HASI). The company's focus on climate change and financial statistics has shown them to be a leader in the space. The post for the trade can be found here.
- The fund purchased more shares in Hive Blockchain (symbol HVBTF). The company continues to increase its mining capacity using clean energy. The post for this can be found here.
**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog, kdkfund@gmail.com, or on twitter @kdkfund.
More Shares in Hive Blockchain Purchased
On June 5th, the fund increased its stock position in Hive Blockchain (symbol HVBTF). The fund continues to see growth in the industry and the company relative to the industry. A previous post on our dealings with the company can be found here.
**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog, kdkfund@gmail.com, or on twitter @kdkfund.
**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog, kdkfund@gmail.com, or on twitter @kdkfund.
Saturday, June 6, 2020
New Position Taken in Hannon Armstrong
On June 5th, the fund took on an equity stake of Hannon Armstrong (symbol HASI). The fund paid a per share price of $30.76.
The company (per their website) "dedicated to investments in climate change solutions, providing capital to leading companies in energy efficiency, renewable energy, and other sustainable infrastructure markets." The fund is excited to add Hannon Armstrong to the portfolio and expect both a difference and beneficial financial return to be made. The reach within the climate change sphere of the company is impressive.
- The company has a dividend
- The company is still 25% below its share price just a few months ago
- The company is involved in many large influential projects with climate change.
**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog, kdkfund@gmail.com, or on twitter @kdkfund.
The company (per their website) "dedicated to investments in climate change solutions, providing capital to leading companies in energy efficiency, renewable energy, and other sustainable infrastructure markets." The fund is excited to add Hannon Armstrong to the portfolio and expect both a difference and beneficial financial return to be made. The reach within the climate change sphere of the company is impressive.
- The company has a dividend
- The company is still 25% below its share price just a few months ago
- The company is involved in many large influential projects with climate change.
**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog, kdkfund@gmail.com, or on twitter @kdkfund.
Stock in Fuel Cell Energy Sold For Profit
On June 5th, Fuel Cell Energy reached a price where the fund sold its stake for a 35 percent profit. Reasons for the trade are below. We will likely revisit Fuel Cell as financials and partnerships become clearer as the technology has the opportunity to have a sizable effect on climate change.
- The price has increased over 35% in the last month
- There is a sizable resistance at the 3.00 range
- The fund is looking to diversify its holdings in regards to climate change
**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog, kdkfund@gmail.com, or on twitter @kdkfund.
- The price has increased over 35% in the last month
- There is a sizable resistance at the 3.00 range
- The fund is looking to diversify its holdings in regards to climate change
**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog, kdkfund@gmail.com, or on twitter @kdkfund.
Monday, June 1, 2020
May 25-29 Perforance and Notes (Hive Blockchain, Social Capital, more)
Here are some metrics and notes on the fund's holdings.
Notes
- No purchases or sales during the week.
- No earnings were released during the week.
- Microvision has regained Nasdaq value requirement while still working on the $1.00 price per share requirement.
- Microvision is the subject of a dispute as to a possible SEC investigation on Seeking Alpha. It is in regards to possible NDA with Microsoft.
**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog, kdkfund@gmail.com, or on twitter @kdkfund.
Security/ Project | Type | Date of Purchase | Cost of Investment | Current Value | Return % |
Hive Blockchain | Stock | 4/16/2020 | $0.16 | 0.27 | 68.75% |
Social Capital | Stock | 5/1/2020 | $10.20 | 10.63 | 4.22% |
Fuel Cell Energy | Stock | 5/3 | $2.01 | 2.13 | 5.97% |
Microvision | Stock | 5/18 | $0.93 | 0.88 | -5.38% |
Notes
- No purchases or sales during the week.
- No earnings were released during the week.
- Microvision has regained Nasdaq value requirement while still working on the $1.00 price per share requirement.
- Microvision is the subject of a dispute as to a possible SEC investigation on Seeking Alpha. It is in regards to possible NDA with Microsoft.
**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog, kdkfund@gmail.com, or on twitter @kdkfund.
Monday, May 25, 2020
May 18 - 22 Performance (IBio Inc., Microvision, Fuel Cell Energy, more)
Here are some metrics and notes for the fund's activity during May 18 - 22.
- The fund sold its stock in IBio as the value of the investment increased over 60%.
Security/ Project | Type | Date of Purchase | Cost of Investment | Current Value | Return % |
Hive Blockchain | Stock | 4/16/2020 | $0.16 | 0.26 | 62.50% |
Social Capital | Stock | 5/1/2020 | $10.20 | 10.6 | 3.92% |
Fuel Cell Energy | Stock | 5/3 | $2.01 | 1.98 | -1.49% |
Microvision | Stock | 5/18 | $0.93 | 0.98 | 5.38% |
- The fund sold its stock in IBio as the value of the investment increased over 60%.
- A position has been started in Microvision again at $0.93. A link to the story is here.
- More shares of Fuel Cell Energy have been purchased.
**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog, kdkfund@gmail.com, or on twitter @kdkfund.
- More shares of Fuel Cell Energy have been purchased.
**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog, kdkfund@gmail.com, or on twitter @kdkfund.
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