This stock is too much of a good thing to sustain. This and SSYS are bubble stocks. Yeah DDD just split, but it still isnt worth the price. 3D printing is my favorite hobby and really the at home systems are starting to catch up. Yeah sure most at home ones arent as good as a comercial one, but with time patience and a lot of calibration you can get as big of build areas for 1/10th or better of the cost. These stocks are a Fad that is following an upcoming new technology, but long term continuous growth doesnt show up in the models.
Looks like lots of people are dumping after yesterdays gains. I was +141% yesterday. Still high even with todays losses, holding what I have for a long time anyways. Time to buy some more once the dumping stops.
I bought in last year at this time 27.92, now with just a small margin ahead on stock price (I am not including dividends I earned in the last year) It is making me nervous. How low will it go? I will hold for now since I am ahead on dividends and hopefully this drop will stop soon!
What are your thoughts? Hold or sell? I do have a legitimate financial advisor and will not be basing my decision on your thoughts. Just thought it would be interesting to what others are thinking.