Mon, Jul 14, 2014, 11:13 AM EDT - U.S. Markets close in 4 hrs 47 mins


% | $
Quotes you view appear here for quick access.

SeaDrill Limited Message Board

depakchopra 1 post  |  Last Activity: May 7, 2014 4:14 PM Member since: Sep 13, 2012
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • 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.

38.25+0.54(+1.43%)11:12 AMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.