Sat, May 25, 2013, 4:23 PM EDT - U.S. Markets closed
Thanks. Nice insight
A report just came out stating DDD along with its shareholders approved an increase in common stock from 120 million shares to 220 million shares.
What is everyone's thoughts?
Is this a stock split or are they simply raising capital?
Probably not as they are going to be exploring ways to continue receiving revenue after 2014 when the royalty contracts expire. They may need that cash to invest in new ventures, such as giving out loans.
Sentiment: Strong Buy
This stock will continue on a serious run.... Hopefully. But I'm jumping out if it hits $50. And most likely shorting from there