A Walk Down Memory Lane W/ 3D Systems Corporation
Back when this was a real and interesting stock for right minded people in the spring of 2013, I bought DDD and noted it here because I am a former manufacturing guy after all and this kind of stuff turns me on… almost as much as a bullish Falling Wedge buying opportunity.
Then the stock was on watch until puts were successfully traded at the interim high around 85. Now today when the stock was still green, I added DDD short along with my only other individual equity short position, CTCT. I also have a couple broad market short positions.
We’ll see how these work (I keep my leashes short) out because as I am the first to admit, being an active bear is not one of my stronger points. But DDD below would be a candidate to top out if the market is going to correct, because this thing has been ridden with hype and momentum to a way over valued level.
None.