jmo but the hype is running out of steam, reality to support $50 ($2/sh of E) a LONG way off, so watch for the stock price to like the next 10Q as with the last 2 10Qs
All done (sold to close last of) my Aug16 Puts, $50s.
That was fun, see yas next 10Q!!
Wow, what a crystal ball, $300!!! In 5 years the country could be in a deep recession - bear market, 3D Hype will be long gone and DDD could be gone or selling at $5-$10 a share. BUT really 5 years is an eternity. At some point here, DDD will probably be selling at a PE of 20-40 on GAAP E of what, some future GAAP E of 50 cents? Maybe DDD will be $300 someday (custom bobble heads, yeah!) but I'd expect to see $10-$20 long before $300. jmho of course.
been doing this stuff for 40 odd years, stocks are just stocks, seen it over and over,,,,,,,
DDD the company is fine, it is what it is, does what it does. Its a company, publicly traded.
Publicly Traded Companies stock inevitably end up at PEs (and thats real GAAP E) of 10-20-30, depending on growth, and macro market. You can run on story, hype, for awhile, but not indefinitely. At some point reality sets in. Thats what has happened here.
I placed my bet on Aug16 $50s on July1, 81.7 cents. Got it just right this time, really did. BUT options are a SUCKERS bet. Got thoughtfully lucky.
Live and learn. Play with hyped groups, stocks, this week is inevitable. They ALWAYS get their turn.
More likely will test $40, imo. To me this 10Q and market are WORSE than the last 10Q, AND the 3D HYPE BUBBLE is popping! jmho
Joe, as you know came in at 81.7 cents. sold half to close a few days ago at $2+, just sold half of what was left at $2+, remaining 25% are just gravy "shares" now. You know the drill, GL! (I hope the kids here learn something about over-hyped Mega-Growth stories at near PE Infinity ---- LOL, naw, not really, then what would I do for a living?) ps- and "greed control" is important cuz "we never know", we just try to make careful, percentage bets with 30-40 years of experience on our side. (ssys, ddd, gtat, tsla....., lol, amzn and nflx too!! GLs!) Fab
I hope the children here after actually learned a lesson about what they "know".
Answer, you "know" nothing. But "they" do. Good luck kids!!
rainbow---thanks for the tweak but I BOUGHT Aug16 $50s, Puts, on July 1. for $0.817. Sold half that position a day ago for $2+, so now its a "zero cost" play and I dont need to care. Check my posts if you like. Cheers, Fab
slim, so what are you fretting over exactly? hope you do realize that the only reason options exist is to take money away from mortals and award it to "them"
Joe--I can't tell why, but I honestly felt that this up-tick was coming (2.5+ as I write), that it had gotten over-sold for the moment. Not an FA, just my gut feeling. Anyhow, starting at $0,817 with my Aug50 Puts, 50% sold yesterday in "greed control" exercise, I'm profitable even if the remaining 50s expire at zero. And I dont think they will. GLs!
(I still dont see why this 10Q will be any different than the last)
just reading the Motley Fool piece on earnings, I mean c'mon, you guys gotta know that this thing really shouldn't sell for more than 30X the gaap guess. But thats should, the market can price anything anywhere it wants, just like dem old Tulip Bulbs!
Last quarter, 3D Systems reaffirmed its previous guidance, which analysts consider low on the earnings side. If the company does bump up guidance, it will likely only be due to its recent acquisitions, in my opinion.
Currently, 3D Systems expects 2014 revenue in the range of $680 million-$720 million, adjusted EPS between $0.73 and $0.85, and GAAP EPS between $0.44 and $0.56. The analysts' consensus for revenue of $701.1 million falls right at the mid-point of the company's revenue range, while analysts are expecting adjusted EPS of $0.81, closer to the high end of the range.
I'll probably regret going "zero rsk" (sold half to close) on my $50s, but hey, thats what Greed Control is all about, trading one regret for another (potential) regret......
I fully expect to see 40-44 here on 10Q, and it really good be 30s
Joe-just fwiw, I tend to be a wreckless gambler at times, have to remind myself to moderate that, as with this now "zero-risk" position on the 50s. next plays? could be ddd, watching gtat closely for 10Q which should contain minimal if any aapl revenues, like I says: your money - your call GLs!
My position (purchased puts) was at 0.817 on July 1, closed half this AM at 200+, so now ZERO risk on the play. Good to be greedy, but in moderation. I honestly expect mid 40s on 10Q, but thats a guess not knowledge, hence the caution
S&P Capital IQ
1- 1 2 3 4 5
Based on S&P Capital IQ's proprietary quantitative model, stocks
are ranked from most overvalued (1) to most undervalued (5).
$42.00 Analysis of the stock's current worth, based on S&P Capital IQ's
proprietary quantitative model suggests that DDD is overvalued by
So, I just think its time for Fair Value. And things over shoot, up and down. Too high right now imo, to be followed by too low, on the road to FV. IF the 10Q is great enough we might see shares at 36-38 very soon, then recover to FV at $42. We'll see.
Still betting with my Aug16 $50 Puts
Sentiment: Strong Sell
Boyish, I have no intent on holding to expiration, just trade them off on 10Q day probably. And you're right about gambling, but good thoughtful gambling at least. Also I would not be shocked if they were $10 i.t.m. come Aug16, just need a great DDD 10Q and weak August for the market, as is fairly routine. GL to ya!
J-headfake, weaker than yesterday, Friday so if day-boys bail might take out 50 today, then 40 on 10Q gets believable--gl, lunch for a couple.
no, the Aug16 $50s were 80 even on July 1 (when the writers knew $50/sh was impossible), full cost .817, LOL, better now!! (ps--this is the model you know, well into the hype cycle, 50% off its ath, AND crossing (with aug16) the 10Q date and the (assumed) "cant be gud enuf" 10Q). as always, wait for your pitch!