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Pastimes : WSEA - off topic and general comments thread -- Ignore unavailable to you. Want to Upgrade?


To: The Ox who wrote (129)2/18/2021 12:55:50 PM
From: Area511 Recommendation

Recommended By
The Ox

  Respond to of 182
 
I sold my small DM position today for a decent profit (probably should have let it go yesterday). But I'm too scared to short it also. Based on 2021 projected sales it has a price / sales of about 40 but DM sales projected to increase 10x by 2025. Still if there is any significant market pullback these 3D stocks will get hit hard I suspect. I would definitely buy it back around the 200 day of about $15 if the story remains intact. I also have a small position in NNDM and a small short in PRLB so net flat the 3D printing sector for now.