Tue, Jul 22, 2014, 4:34 PM EDT - U.S. Markets closed

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3D Systems Corp. Message Board

depakchopra 1 post  |  Last Activity: May 7, 2014 4:14 PM Member since: Sep 13, 2012
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  • I'm sorry, but I don't see any reason to be buying. I haven't posted here in months, so I see a lot of new faces and some regulars. But, for those of you who know me, you know I'm a straight shooter and tell it like it is. I love DDD and the 3D Printing Story, but I do my best to never invest with emotions. Therefor, I can't justify adding to my positions here. Several months back, I posted when I sold 60% of my holdings in DDD, at $74.11 (everything I held for more than a year). The profits I booked, dropped my remaining shares to an average cost under $10 a share. My original intent, was to start buying back shares in the $40's. Now that we're here, I can't justify Buying here. I am sorry to say that. I'm not trying to deflate anyone's hopes. But the bottom line is, it is clear that 3D stocks are in a Downtrend (and the trend is your friend). To fight against that right now, is a recipe to rack up losses. And the valuations of the 3D plays are still sky high (there is no denying this). So, I will wait until The Trend has clearly reversed. I will eventually start buying back my shares, but that day has yet to come. I wish you all the best of luck and I will post when I start to re-accumulate.

DDD
53.95-2.65(-4.68%)4:00 PMEDT

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