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.

ddd

None.

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.