I really disagree that the bottom has been hit. I own a bunch of DDD. I just did a swing trade to help my average. I see a double bottom coming and possibly lower. For DDD to move up more it needs fuel. For all here, including myself I hope Im wrong you are correct.
I tend to agree with anotherenigma that we are not yet at the bottom.
If you look, on 15 Feb shares short was 15 milllion, increased significantly from one month earlier.
In the recent days, all price action has pointed to increased short interest rather than less. You could see shorts throwing thousands of shares in the marketat once, bringing the share price down,sometimes 2 dollar in just minutes.
What is happening now to the share price of DDD is very likely not so much about fundamentals or about how well or bad the company is doing. Like anotherenigma was saying in one of his previous posts, it has become like a video game. It is manipulatioon by traders and a huge and powerful bunch of them are now in the short camp.
I hope that soon they will leave this stock and then I will re-invest here. In the mean time, I am patiently on the side line.
Chrissy I wish my avg was 43...mine is 48 ok..its funny when I see people here crying how they are down..i`m down alot more then most of them..but its only on paper..hang in there ..I think in 2-3 months both of us will be up..You have to have a longer term view..most in here are looking at days or weeks..hence..traders.