Shorted SSYS when it was ~ $125. See SSYS post
Current DDD $61.58 & Forward revenue growth rate ~ 35%
Forward 2014 PE - 75 Forward 2015 PE - 51 S&P500 PE - 20 (historically on high side)
Share Price at $50
Forward 2014 PE = 61 Forward 2015 PE = 41 (this is 2X current high S&P500 PE)
So $50 is generous - $40 is more in line
Should have got out when you saw this post!
Not covering my short until it's well below $60 - that would be Monday - after the blast off in Crimea. Question is what's going to happen Monday!
They vote YES on Sunday - Market opens Monday - US/EU Slaps Sanctions of varying degree - Tuesday Russia respond with shutting GAZPROM off to Europe - EU goes into a tailspin and respond by ..... UGLY
Covered my SSYS Short - But right now, this one has more potential. SSYS will eventually catch up with DDD
Perfect day to short. Come Friday it will tank with Crimea Drama taking a full grip after the vote Sunday.
Tank on Friday and Tank on Monday even more.