3D Systems Corp (DDD)

[Lonnie Starr]

The 150 M line of credit with an option to increase it by 75 M more, is extremely good news in the market. Of course, some would think otherwise, but the market has a perverse way of seeing things.

A company without debt is thought to be planning to used dilution in place of credit needs, because, it's detractors will say, they're avoiding bank loans because the balance sheet and metrics wouldn't withstand the scrutiny of "hard nosed" bankers.

Thus, many savvy public companies open large unsecured credit lines, even though they don't need them and may never use them, as a way to show their credibility/creditworthiness. Thus, it's hardly a wonder that today's trading was to the upside, as this kind of news. gets investors on the sidelines. to come off the fence.