$DDD: $10 Short + High Risk Long3D Systems is one of those companies that have potential in regards to their long standing history. Also, the earnings call does have positive potential given the demand for their expertise in these critical times. Please keep in mind, not to take anything I say seriously or at face value as financial advice. That being said, let us get into some key points. 3D systems have had a new CEO in 2016, after far negative spirals and correlations in their price. It has been 4 years, and if you have invested in 2016's price, you would have lost money by now. A short target for $10 is realistic, but even that has risk. A long hold could have some bullish potential, but I'm not sure I would recommend that with so much risk when there are lots of high growth stocks out there. Only time would tell.
DDD trade ideas
$DDD 3D Systems Catches a Bid
Like many companies DDD finds that innovation is at its greatest in times of adversity,
The ability of their products to produce products without expensive tooling has meant that many small companies have now diversified into producing products needed in the fight against COVID-19 .
3D printing was once the hottest sector in tech and the next big revolution, but costs seen the stocks plummet this is finally a opportunity for positive marketing and application could reinvent the sector and place new reliance on its technology
Technical MoveMove appears technical in nature. With short float @ 24M and ≈25% float, 24 days to cover it doesn't take much to induce a short squeeze, which I am assuming someone looked at the chart seeing the MACD was positioned where it was on weekly and that the 50 and 200 DMA had golden cross and took advantage of it. I wouldn't go long on this company due to their balance sheet, but if you're a trader that's risk adverse you could play it.
ddd Very nice-looking chart. As you can see from the daily candle chart, DDD is forming the Elliott wave pattern. The stock was in a consolidation mode, and today, it had a very nice rally. I expect the stock to continue this up-trend for the next few weeks. It is a good time to take a long position and ride the stock. Target price $10.40- $11.30
Risky long trade into 3D Systems Earnings Report Tonight. Nothing on a fundamental basis to enter this as a possible trade, technically it has hit this low level on numerous occasions and rebounded, this time could be the same.
The rewards are high but this is a trade not a investment.
Not financial advice.
3D SYSTEMS GEARING UP FOR BULLISH GAP FILLWhat was meant to be the next great investment has been nothing but, after a parabolic move up it has fallen like a stone for years. The process is fantastic but industry has been slow to adopt it, but that has started to change and new providers of 3d printing are once again attracting the attention of investors. Three-dimensional printing unicorn Carbon, a frequently mentioned IPO candidate, on Tuesday announced a new funding round of over $260 million, hiking its overall total to $680 million and giving it a valuation of $2.4 billion.
This news has given the entire sector fresh impetus and a relief rally is underway, alerts set for break of $9.40 for possible long, decision dependant on volume .
AVERAGE ANALYSTS PRICE TARGET $9.31
AVERAGE ANALYSTS RECOMMENDATION HOLD
P/E RATIO
SHORT INTEREST 23%
COMPANY PROFILE
3D Systems Corp. is a holding company, which engages in the provision of comprehensive three dimensional printing solutions. It includes three dimensional printers, materials, software, on demand manufacturing services, and digital design tools. The company was founded by Charles W. Hull in 1986 and is headquartered in Rock Hill, SC.
$DDD Not a means to print money, Waiting until after earnings. Earnings are approaching and maybe another false dawn for long term investors in DDD. It is always a case of the "next quarter" but nothing actually comes to fruition. The stock is now down 88% from its highs and the options market predicts more pain with particular high volume of the $9.50 puts traded. On the other hand maybe it just cant get any worse, the weekly chart shows what a disaster it has been, but indicators may be perceived as given us some upward momentum.
Company Description
3D Systems Corp. is a holding company, which engages in the provision of comprehensive three dimensional printing solutions. It includes three dimensional printers, materials, software, on demand manufacturing services, and digital design tools