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Direxion Daily Financial Bear 3X ETF Message Board

outcyde 2 posts  |  Last Activity: Oct 2, 2014 8:35 PM Member since: Nov 10, 1999
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    Bottom is in for DDD

    by outcyde Oct 2, 2014 3:29 PM
    outcyde outcyde Oct 2, 2014 8:35 PM Flag

    Stock movement is based on predicted/anticipated future growth so every analyst opinion or opinion on this forum is just opinion. Its unlikely downgrades will come at this stage unless there is something truly wrong with the company. The price has been cut more than 50% from its highs this year and the industry has only matured. The fact that large companies (GM, BA, etc) are currently using 3D printing in some capacity is a positive that 3D printing is more likely here to stay than it being a passing fad.

    I'm a short term investor/trader so my concern is only for the period of time before earnings.

    Best of luck in your short position da_watchmaner.

    Sentiment: Strong Buy

  • It hit a 52 week low today and its not going any lower from here. DDD hasn't been this low since June 24, 2013. Here are just some of the reasons DDD will rocket higher from here:

    1) Analyst upgrades coming since price is so low
    2) Earnings coming on October 31st
    3) At these levels acquisition likely
    4) Lowest price in almost 1.5 years
    5) 3D printing the way of future for manufacturing

    Sentiment: Strong Buy

12.73-0.04(-0.31%)Dec 19 4:00 PMEST

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