A lot of false narratives being bandied about. The bear case sounds intelligent but is actually factually challenged. Time will tell. I would love for this to test the low 50s again to buy.
A knee-jerk reaction to the potential six month delay in the eventual US launch which will now probably be pushed out to the second half of 2016. Management has lost a little credibility here as this is at least the second or third delay. Investors are impatient, but the long-term opportunity is still intact. Add to this a big, down market and thin liquidity and you get a big price decline. Interesting that the stock ran up right prior to the news release last night...
HPQ is entering the space with a superior product: No, HPQ is incompetent when it comes to real innovation and needs to buy their way in to the 3D printing arena.
High margin consumables are going generic with open systems. No, not true. End users will gladly pay a small premium for superior, engineered specialty plastic resins directly from OEM.
Competition heating up with new entrants. Really, like who? And please, not the liquid red glop company.
3D printing is largely a prototype market. Really?, ask GE about real part ramp up.
The more lucky than good shorts are starting to get that itchy feeling which may require a healthy dose of Vaseline....
The shorts have backed themselves into a corner by pressing their more lucky than good bearish call. You will hear them squeal if forced to cover.
The shorts made a very good call on the way down and were handed a gift by SSYS management when they recently announced the write down at MakerBot and the OPEX spending hike this year, but it looks like the stock made a bottom on March 31. A decent first quarter report next month could launch the stock to the mid 70s.
it appears that investors are beginning to bid up the stock price ever closer to my DCF derived value of $55. Stock is up 19% in a sideways market since my original post calling for $50 six weeks ago.
The recent negative pre-announcement calls for a break-up or sale of the company at the $80 level. When the last bullish analyst throws in the towel it's a signal to buy.
Pithy but no substance; you could apply for a position at the White House Press department. LOL
Anyone short the stock here? Please describe briefly the bear case and whether you think the consensus EPS estimates are still to high. What price would you consider covering at that signifies fair value?
Their 2020 EPS is modeled at $3.79 on revenue of $370M. The discount rate to its 6 year forward earnings and probable stock price is approx. 22.5% according to my napkin.
The stock is going up not because of any chart pattern, it's going up because of my prior post.