Cody Willard bailing on DDD today. New Marketwatch Article.
By Cody Willard, MarketWatch
Today, I started smelling smoke again, after reading a lengthy, detailed expose on why 3D Systems’ /quotes/zigman/5280737/quotes/nls/ddd DDD -8.33% fantastic growth may not be so fantastic after all. That in fact, there may not even be real growth in DDD’s core business once adjustments are made for a multitude of acquisitions made over the past few years. And despite the stock’s tumble on that news today, we’re still up about 25% from our purchase price of around $34 per share. I don’t play with real fire and I certainly don’t mess around with questionable accounting, because it burns too. I’m selling DDD on Tuesday.