The high bid on eBay for a falcon created by Piper analyst Troy Jensen using a 3D printer is now $81, Jensen wrote in a note to investors earlier today. Bidding for the statue is slated to close on Sunday, the analyst noted. On February 14, short selling website Citron Research dubbed 3D printer maker 3D Systems (DDD) a "bubble stock" and referred to Jensen's falcon as an "ugly beige falcon." Citron quoted a reader as saying that the falcon cost $17.50 to make, including amortization of the printer. Jensen, however, estimates that the materials used to make the falcon cost $2-$3. Meanwhile, Jensen maintained Overweight ratings on 3D printer makers 3D Systems (DDD) and Stratasys (SSYS). In other recent news involving the sector, President Obama made some investors more optimistic about the space by saying during his State of the Union address that, "3D printing has the potential to revolutionize the way we make almost everything." Also, 3D printer maker ExOne (XONE) recently garnered attention by launching an IPO on February 7. Please find attached the eBay bidding page for Jensen's falcon, which of course includes a photo.
- 3D printer