I have no position because I sold out in the 20's with a 40% loss on my investment. It took me awhile to figure out Avi's BS and spin. Even the news releases were just nothing releases as far as real revenue generation. I call them BS spin and the more I see of them the more I begin to stay away. My broker talked me into investing in 3D and I trusted him. Once I started looking into the stock I began to question Avi and now I question their books. Until I see write offs my opinion is very low on this companies management. Avi deserved to be fired.
Looking at their balance sheet they have almost 70% of the assets in goodwill etc. Looking at the spending spree Avi went on and the last three quarters being negative cash flow it seems to me Avi blew a lot of cash on junk and/or over paid. I cannot figure out with a negative cash flow how write offs cannot be coming. Three D printing industry in general looking back has to be one of the biggest pump and dumps in a long time. If their cash flow stays negative this could be a buck a share soon. I expect the lawsuits to be coming if material information like equipment issues etc was not made public. My opinion is if write offs do not come then I would begin to question the integrity of the financial people in this company. These are just my opinions I could be totally wrong in my thinking of this company and industry.