Where one dog goes so goes another
DDD and SSYS usually trade in a tight lock step fashion --- Maybe a sign computers are in charge of most of the trading --- IDEA --- Sell DDD for the tax loss then immediately buy SSYS and hold --- You will have almost the same investment, booked a tax loss, no wash sales to worry about --- Is this a good idea ??? --- Interested in your opinions
Sentiment: Strong Buy
I agree --- AM particularly interesting in the medical sector --- Lots of those baby boomers in need of joint replacements !
Volume manufacturing ???? --- The beauty of 3D printing is the ability to produce one off complex parts like rocket engine parts and custom made joint replacements, spinal implants, skull plates, tooth replacements --- not even getting into the soft tissue realm like a new liver or spleen --- However 3D does indeed address mass production in that it can dramatically speed the prototyping process and produce molds for mass production.
8500 shrs @ 17 basis --- Will buy on the down draft to hammer down my basis more
Disgruntled POed losers are hiring law firms to scare everyone into selling
Check these numbers (apples to apples) all from same source
Facebook fwd P/E 35.84 --- Google fwd P/E 20.03 --- 3D Sys fwd P/E 17.74
Facebook fwd PEG 1.66 --- Google fwd PEG 1.43 --- 3D Sys fwd PEG 1.28
Then the full on negative sentiment and the legal teams on the hunt funded by a millionaire or two who got stung while in the throes of a serious case of irrational exuberance
I would say, keep adding --- Push your basis down as this now irrational negative sentiment plays out --- Maybe sell Face Book and buy DDD
The projected Forward PE of 17.74 and Forward PEG of 1.28 coupled with all the raging Lawyers swirling about makes for a "Perfect Storm Buying Opportunity". DDD is kind of like AMAT witch sells chip manufacturing equipment to the likes of INTC and AMD . Sales occur in sporadic waves as new improved machines become attractive for manufacturers to purchase. DDD will make the GOOG pop look like childs play when any tidbit of positive news hits the floor --- Hang Tough Fellers !