3D Systems Corp. Message Board
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so what happened today?
while i understand many of you think this stock went up too much and too short a time, it seems like the decrease was due to a couple analyst commentaries... specifically, i believe it was montely fool and seeking alpha. also, i believe there's some new IPO for a new 3d technology company. i believe the decrease in price to attributable to these two items. is this a decent assessment to what happened today? it's kind of bull how a couple analyst can make a stock go down like this.
Sentiment: Hold
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What I find kinda interesting, FWIW, is that almost all of the 3D printing RAW MATERIALS suppliers were up significantly today, like PolyOne. If 3D printing "bubble" is bursting I seriously doubt the raw material companies would be gaining today. Just an observation. Don't think the run is over, the sector just needs to catch its breath.
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It is kind of all of what you mentioned.
a) the stock was way overbought and ripe for a pullback anyway
b) Believe that IPO was the catalyst for the pullback. Many momentum investors swear by the notion that in fads you "sell" when the IPO's start. That is the beginning of the end for all fad company stock prices.
c) seeking alpha article added fuel to the fire but I don't believe the story would have gotten the traction it did by itself.
Personally, I don't believe that there was anything significant that changed. The pullback was healthy because the stock was getting dangerously parabolic.- 2 Replies to bjaythebear
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i like this assessment. seems very reasonable. thanks for the insight.
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I think another Seeking Alpha article today ripped a 3D scanning company (PRCP). Although that company is not a 3D printing company there could have been some negative halo effect. Anything 3D related getting hammered today.
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XONE IPO update caused other 3D printer stocks to go down due to increased competition.
Sentiment: Strong Sell
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Motley Fool is just a spam site; no one with any money reads that site.
Seeking Alpha articles are more legitimate, but you don't get a 400m market cap shave from one random article that is stating the obvious.- 2 Replies to agamemnus_0
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David Gardner of MF recommended this stock in 2008. Long before you or seeking alpha had ever heard of it. How well do you supposed he has done on it?
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yeah. i understand what you're saying. it just seems there is something bigger happening that i'm not aware of espeically considering that SSYS is down 10% as well.
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Jim cramer got JAILED..JEWS BOOYAH.
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