i upgraded SSYS back in Aug 2011 @ $25 after their 4th consecutive quarter of positive operational cash flow. After they reported Q3 2012 negative operational cash flow I downgraded the stock and removed it as a buy.
(you can find more work at my blog n homepage. lots n lots of stuff). DDD too
I became a bear when the stock headed over $80 based on valuation.
The SEC filings say they purchased OBJET for $1 billion (45%) and they valued themselves approx. $1.2 billion) as of 1st week of December.. This was done with Piper Jaffray assistance.
The mkt cap today is $3.4 billion. In my opinion, that is way way too high.
there are plenty of websites like DailyFinance, MySmartTrend, Ycharts, Voyant Research & Dougherty who have shared all the weak (declining) fundamentals with the public.
I think of the Mercedes Benz story pitch. Its a great Car but I'm not gonna buy it for $125,000 if I think I can buy it for $75,000 in a few months.
it's about price
the way to go is, sell now and buy later at lower levels.
just to show you how hyped up people are , the Jan $85 calls that expire tomorrow traded at $2.77 today. you realize the risk and emotion involved in that print? buy fear , sell euphoria.
check out my site , i nailed CMG, UA , AAPL, AA, and many many more.
i've been wrong too , i just don't remember when LOL ;)
your facts are off a little. neither ssys or objet was purchased. they merged otherwise ssys would owe 'objet' about $1 billion. now they just exchanged paper.
"copy of your quote"
ps: buying at the low and selling at (near) the high is a great trick. that mercedes
you sold is now a collectors item and is selling for $1.5 million and your friday $2.85
calls expired on friday when the stock tanked to $84.75 on the opening.