Wow, bunch of nervous nellies in this stock or what?! The stock needed to correct because it was way over bought. If you bought it just because it was going up then stay out. If you bought it for the fundamental story stay long. If you were looking for a pullback to get in then this is it. Geez.
You would swear the end of 3D printing was here. These companies are all babies, some not even in the crawling stage and for people to ditch and run on something that all the potential hasn't even
been thought of yet, is just totally unreal.
Totally agree, and that was the point of my post. You sort of buy these things and hold on to them if you agree with the story that 3D printing will be the wave of the future. This is an industry in its relative infancy. I have heard all the bear comments about price but if the growth comes through then it really isn't too expensive. It should earn .38 this quarter and 1.60-1.80 that I expect this next year then trading at roughly 35x earnings. Not bad considering their growth rate.
There is great support around the 60 level. Great entry point for first timers. I have a very small position I purchased in the 50's. Still a bit spec for me but if you have a few dollars to gamble with then why not give it a go.