"The ban was put in place because the SEC was concerned that the intra-day trading pattern indicated price manipulation."
Nick, where did you get this from?
Thanks Nick - that was a very interesting SA article, especially the lively comments section. It would be great if you could post a VJET article on SA. Comparisons with DDD, SSYS and XONE will ensure that anyone tracking those stocks will be notified about your article. Just an idea :)
I track about 20 stocks and they've all tanked today - VJET isn't the worst - the whole market is down, as I'm sure you know. Nothing sinister going on - I suppose people have the right to sell at a loss - maybe they're on margin and had no choice? Fortunately, I'm not on margin (this time :-) so if it goes down for a while, I'm not threatened with being wiped out.
An interesting point on the cc... about 25%-50% of the sales value of each machine is reaped in repeat business each year in materials and services, per year... meaning that as time goes on, materials and services will become a very lucrative part of the total revenues, with hardly any increased sales expenses.
Yeah... It looks like we got into VJET a bit early... so we have to wait for the others to arrive. That's when the real party begins... In the meantime, I don't know if this thing goes down further or what... I've got no clue...
Don't worry - it's very low volume... Next week: "stock goes higher when the analysts organize their respective takes on what was said on the call and start making those buy recommendations."
I was thinking the same thing... that even if the Q2 earnings report is fantastic, just to get back to $8 would need a 33% "pop" at this point, which basically only takes us back to where we were 3 months ago... sheesh!
I actually prefer that they are quietly getting on with the job of increasing sales without weekly/monthly PR updates unless something extraordinary happens. Small companies that shoot out PR's every 5 minutes make themselves look desperate and many times those PR's are just froth. When I see frothy PR's it makes me very suspicious of mgmt's motives. Such PR's are used to give the PPS a 24/48 hr boost, normally coupled with insider selling. I'm really glad VJET isn't into playing those games. I'm very happy to wait for any real meaningful news, as and when it appears.
"Citing a recent selloff and confidence in the German 3D printer maker's ability to execute, Piper's Troy Jensen has upgraded Voxeljet (NYSE:VJET) to Overweight, while maintaining a $9.40 target."