You can buy 3D printers anywhere now, so why should DDD merit such a rich P/E?
As usual with Wall St. you never know what they are up to... hype to the moon and then dump into the bin. Look at APPL, for god sake, it is trading at ~ 1 P/E! And don't forget t the hype of the moment is: NFLX
Just ride the wave with the big crooks - Happy trading
I would disagree. I have not seen enough short covering even at this price. My contacts at one of the market makers is not seeing large short covering, mostly profit taking by retailers. Another legs up will happen and the blow off short squeeze run will be the short opportunity. Somewhere in the 80 dollar range.