Xone--5 MACHINES SOLD in the entire quarter--FIVE!!!
$5 million in revenue!! Why were they bidding this company up? All of these companies are trading now at rediculous valuations and they are ALL due for a pullback. 3D quarter was good--but not blockbuster. Stratasys was also good--but not blockbuster. And xone---5 machines--GIVE ME A BREAK! The stock is heading back down to the secondary offering price whare it will stabilize and consolidate. Now a lot of shorts get a chance to cover as the stock is dropping. I will buy back in when the dust has settled. Everyone that bought in the last couple of days that didn't flip for a profit is going to have to wait a while to be back in the black--just like after the split. Confucious say "sometimes pie in sky fall out of orbit and land very hard"
i true to be shareholder when $32. this I saying many week. I buying many put option these days. I also selling the $30 put option to market maker and he low IQ paying me this $1K free money. I laugh them these days.
Its their turn to hold that bag for a few months like all those that bough pre-split/earnings the first time around in Feb. Then the MM will test your pain tolerance as the price is moved into the sub $30 range or lower depending on circumstance.
Oh its the month of May too.
Then there is the vote to increase shares issuable by DDD in the shareholder meeting. This, in preparation for more dilutions down the road to acquire companies until it reaches that point sometime in the future where acquisition lead growth becomes inpossible and unsustainable, and margins fall rapidly, and the stock trades in the $20s.
I think you're taking it just a little too far there. If the company can sustain 30% plus growth and 22% organic growth then the stock should do very well and so will the longs. But the hype and stock price just snowball with this company driving the valuation to stratospheric levels that can't be sustained and force a pullback. Smart traders will do very well while momentum and hype-susceptible investors may get in at the wrong time.