was not true with GOOG. All the 'experts" were saying avoid the urge to buy at IPO $80, would retreat lower, then buy.
Never happened.......as they scooped up all the cheap shares and left Mr. Retail in the dust.
Nick I view investing in IPO's in the stock market about the same as dealing with a car salesman selling you a new vehicle. The salesmen are both trying their best to separate you from your money and they are not looking to give you a good deal. My rule of thumb has always been to avoid IPO's, with the knowledge that there usually is an opportunity to buy whatever IPO stock 3-5 months later at a 50% or so discount......after all the "expected" hype subsides. VJET's IPO and trailing performance is a carbon copy of that model that repeats itself so well.
IMHO this is one of the greatest problems our nation now faces...... thanks to the example set by the current political administration........no one seems to want to take responsibility for their own actions!
at 3:00 80k shares traded but there is an asked price of 8.79 trying to unload 5900 shares. This type of asked price always keeps prices down because if an order came in for 5900 shares at 8.79 the stock would move up.
Regarding "Rigged" Do you know anybody in the business professionally who is not doing very well.
Consider VJET when someone got suckered into buying it at $70 because of all the unrealistic hype.
Knowing it and proving it are two different animals as the SEC knows very well. These IPOs that you see going out everyday all programmed to suck up money for the inside players and leave the little uninformed investor hanging after economic reality catches up to "Creative Story Telling"
Those are just examples of why I think it's rigged. All circumstantial but sheer coincidence, I find that hard to imagine.
No volume on either to make a difference. General lack of interest. Put an order in for more than 300 shares of VJET and see how fast it becomes "GREEN"
I appreciate your rational posts Nick. Much more highly valued than what we get on some other stock forums! As far as "markets being rigged" I guess that depends on what your definition of rigged is. Without question..... the average little guy investor is at a disadvantage the way the market works.
Besides having much too much free time, I want to make money so I do my homework. I share this info to "equalize" the BS put out by the uninformed or deceitful authors. In the end I believe wall street is rigged, but what they cant do unless you let them is change economic reality both at the macro level (the growth path of AM) or at the micro level (the advantages of VJ).
I encourage any disagreement so I can learn from the exchange in the event I'm missing out on some critical variable that someone more perceptive than I has uncovered.
Your statement is true for every company as well as for VJET. Competition by definition is disruptive and the VX4000 is no exception. But VJET has responded by introducing the VX 2000 and the 500 which can operate in unattended mode setting the stage for mass production. Beyond that (AND MUCH MORE IMPORTANTLY)take a look at how PropShop created the Google Andriod characters (see utube clip) or how the VX4000 was used to restore a large section of an iconic German landmark building.
So yes any machine over time can be bested as you suggest. But the art of designing, crafting and creating must be blended with technology and materials to produce the value added commodity that distinguishes VJET from the rest of the herd. As long as their competitive advantage remains with not only their printers and materials in terms of patents and licenses but with the special skills and deep knowledge pool of human capital, VJET will shine and stakeholders will be handsomely rewarded.
Because Voxeljet has used some very important innovations within the 3D sector, they have created a space that is theirs for at least awhile. Namely the size of their 3D machines are substantially larger, enabling them to produce larger components. For them to become profitable they must be able to commandeer their space long enough to establish repeating customers. The 3D industrial space is growing exponentially, with new innovations coming everyday. Should someone duplicate their machine, and, or better it, they would immediately lose market share.
Piper put out a report today saying its channel checks show only modest growth in 3D products and services.
SSYS and DDD took a hit along w/ the other AM players. Perhaps Piper should report that VJET will be turning in 117% growth in Q1. Or perhaps they want to get VJET at a discount as they sold their other 3d positions to get funds to buy VJET .
This is back to putting all the AM companies in the same basket. VJET is clearly outperforming if in fact the overall 3d growth was anemic as reported.
With any sector that grows with this alarming rate of speed, it becomes possible that a company such as Voxeljet even with their innovative prowess get lost in the shuffle.
In response to the Canalys report that 3D will grow 44% - CAGR 2015-2019, Zach's believes the sector will come back to life as a trading vehicle after the dismal 2014 haircuts because the demand is there and the prices are low enough to be very attractive to investors.
They mention that VJ is considered by some a takeout target.
I know this is what we on the board have been saying all along, but now others are just beginning to see the light.
Agreed $20 is my price target as well. The $10plus is for the current price immediately after the Q1 results are announced next month.