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3D Systems Corporation Message Board

drdan68 2 posts  |  Last Activity: 23 hours ago Member since: Mar 30, 2000
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  • Reply to

    WAY OVERSOLD....

    by capitalinthemaking 23 hours ago

    It will be at $25 maybe 23 but still got room... That when I'm in

    Sentiment: Sell

  • Reply to

    You are wrong

    by michaelmcmx May 21, 2014 3:55 PM
    drdan68 drdan68 May 21, 2014 7:49 PM Flag

    IMHO you're getting too exited too soon. The lock up expired today but that doesn't mean anyone is selling their shares today or have they? What is concerning about today and the last two days is that the volume has been Godzilla-like but the price of the stock barely ticked up. Technically speaking the chart is showing a bearish indicator today.
    Facts still remain that this stock has no earnings, guided lower and a huge amount of shares are unlocked today for sale. It's too soon to celebrate...I personally would sell into strength to get out and that's what has been happening today and for the last three days. Remember MMs have the ability through the HFTs to drive the price up and sell when they get their price their looking for say for instance 30-32...

    IMHO

DDD
49.32+0.10(+0.20%)Aug 21 4:00 PMEDT

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