Calm down. They (we shareholders) voted to raise the debt ceiling - only unlike the govt. this mgmt. has a pretty good track record of generating good ROI on any dilution. Something is definitely up.
I don't think this will affect the price significantly either way over the next few days. Because they had shareholder approval, this didn't come out of nowhere, and is likely built into the price. I am going to go out on a limb and say UP tomorrow...
the stock has been on a tear & management is testing your limits? take a look at the month chart & then think about how ridiculous that sounds ... any share increase was voted on & approved by shareholders; money raised will be used for acquisitions (XONE?) and will lead to a stronger company going forward. Long-term vision = intelligence ...
Sentiment: Strong Buy
I have been long for a long time!!! I just don't get the dumping of shares just before announcing to double the number of shares?!?!?! Unless they plan to acquire SSYS..... WTH... and right before the fed announcement... management is starting to test my limits! I'm going to hold but I need info fast!!!! Elon Musk bought in 100 million dollars of his company when he announced share offering! this company needs to learn a few of Elon's tricks!!!
It would be a stretch and they would have to overcome the legality of it but theoretically they could buy SSYS. But more interestingly, they could go after XONE.
I agree. Something big is coming. Analyst are starting to raise price, selling off shares, now authorizing additional shares.. I would not be surprised if more then one purchase is made.. This should be good news to market, new shares can be used creatively in a purchase and can allow them to retain cash..
Certainly puts ARCAM back in play - as the seconday wouldn't have been enough to cover the purchase price but now with cash and stock available it brings it back within the realm of possiblity.
They must be planning to buy someone really really big? Maybe they need even more than the secondary provided? This could be taken by the market at good news? The after hours price dropped a dollar as soon as it came out but the bid came jumped back up to 48.40 shortly after... who knows?
PR is out today stating that DDD raised it's authorized share threshold from 120M to 220M. Looks like float is currently at 98M so that's significant. Will be interesting to see how the market takes this news.
I got out DDD over 51 last tuesday. you can verify that in my comment records. got back in at this level, where it will go up.
Tesla is working out just fine. I've been in for a month and two days and I'm up almost 90%. juuuuuuuuuust fine thanks for asking.