The stock’s price bubble valuation and very high P/E ratio 95
By thinker4u0007 Think before you buy
Last year October it was traded $18.40 and now $70.76. SSYS went up 200% from one year period. SSYS is 3D printer maker. During this last quarter they made $49 million. They are selling each 3D printer $900. Most of the printer company struggling to sell any printer. Most of the regular printer selling loss. Now SSYS facing similar thing starting from current quarter. The fundamental going to fall from current quarter. The stock’s price bubble valuation and very high P/E ratio 95 and almost $2 Million market cap. The stocks moving up low volume for last 5 trades went up over $10 from $59.30 to $70.70. When you look at the trade bid / ask price too much gap .30c and .40c means just kind of manipulation. When investor return from after long weeks institution take profit on high volume. When look at the stocks trade history 4 to 5 days up days and go back down 4 days. There is no support level above $68 if it break below $68 then it will sudden drop to $63.
Based up on current earning and growth this stocks worth only $22 with future P/E 33 for the sector valuation. When you buy at top you the death is very near and very careful when you buy at the peak.
Lot of people bought NFLX, SINA, SOHU, DECK, CTXS, FFIV, FSLR all the top now tank to new low. SSYS near term reached maxim and ready to tank here anytime soon. My advice is avoid buying at high is very danger.
Target Traded (18.40 to 70.74). We are looking for short term correction 30% and long term correction 50%. Sell stock at high and wit for another pullback to $55 range. Insider all sold most of their position at high.
Put stop loss at $68 and if it break below $68 and it will potential to go $55.
Two weeks ago SSYS SLMAMED TO $59 after very BAD earning. carefull
Sentiment: Strong Sell
I was in Las Vegas Tech show. I went SSYS booth. I am the only one was there. There is no one around the booth. The printer 1/2 size car I did not like printer either. He told me that printer cast $12400. He did not explain how the printer works. I moved to apple outlet show.
Why SSYS tanked after last quarter earning down $12. Watch out this quarter is worst quarter ever. sell before earning.
This is pure hype and bubble. One days longs all burnt out like NFLX and SNA
SSYS earning came with under estimate and in-ine estimate it tanked $10 Now going back to $73. Before next earning this will go down to $55. This is pure hype play. Once the high speed train get in to crash point everyonbe get crashed,
The Staples news further justifies the 3D printing concept as a future force in the global economy. Unfortunately for the public companies, Staples bypassed their options for a private company focused on paper creations.
While the current public companies enjoy lofty valuations, the biggest risk to stockholders remains that a major tech firm jumps into the market with hoards of cash. It would undoubtedly cause the stocks to crater whether justified or not.
The Staples news should be considered the initial warning. Both 3D Systems and Stratasys better be on guard for when Hewlett-Packard or another major technology firm enters the sector. Not to mention, the phone should be ringing off the hook at Office Depot to form a partnership that surpasses what Staples will offer. The consumer sector is much more likely to develop via these retailers than consumers buying a 3D printer for the home.
Additional disclosure: Please consult your financial advisor before making any investment decisions.
I lost $33K so for in SINA. I am still holding 1/2 posistion. I boghtt at $78.50 because IDB news news said potential to go $90. Keep falling everyday.IDB all pumper and Dumper. I never trust IDB after I lost so much money.
My friend working in Stratasys Inc. He said the company is very slow now. During Thanksgiving weeks one weeks force to shutdown and he has to take Christmas one week shutdown too.
He said he doesn't know why the stocks went up.