Wednesday, February 11, 2015 12:39:42 PM
As I've said before, buying and selling is basically what you do with stocks where the underlying company is in a mature market with a mature product, where the "name of the game" is basically one of companies taking customers from one another with "new and improved" products and sweeter deals.
3DS isn't in that kind of market, meaning that they are not yet reduced to going after one anothers customers, we are all working to grab as many of the new customers as they arrive. So, for a good long time, if customers switch from one company to another, it's most likely caused by the offering of products or services that the other ones don't have.
Remember we started with plastics. Then, surprise, surprise, when the marketing got going in earnest, it was discovered that more and more customers were interested in metals, 3DS had to shift gears and that hiccup casued the share price to stumble. Coming as it did, in the midst of heavy short selling and a welter of media fed bashing articles, hardly we wonder we sank.
But the company just keeps chugg, chugging along, doing its business and doing it well enough to keep the profits coming in. So, while we can look at the charts and other metrics to see what the future could look like, what we will be unable to see is, if any big breaks or discoveries/inventions/improvements suddenly appear, what that will do to earnings and share price will be totally unexpected, and that's the reason for holding tight, because that's the only way to ensure you capture those gains.
Believe me, no one expected 1000 dollar Google, or 800 dollar AAPL and such, if they did their pre rise charts wouldn't look a bit like they did. Lots of people were jumping in and out of those stocks, hoping to accumulate their profits on lots of small bumps up, when suddenly the stock ran away from them, all they could do was shake their heads and fashion stories about another one that got away.
It's gonna be one thing to be able to say "I knew it", just as they said about MSFT, it will be quite another thing to have your account show that you knew it. Because that requires you to take all the ups and downs in stride.
Happy investing all
Recent DDD News
- 3D Systems Receives NYSE Notice Regarding Late Form 10-K Filing • GlobeNewswire Inc. • 03/22/2024 12:00:00 PM
- Wilting Expands Production Capacity with Three DMP Flex 350 Printers • GlobeNewswire Inc. • 03/12/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/11/2024 12:00:53 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/05/2024 01:14:53 PM
- 3D Systems Announces Additional Partial Repurchase of Convertible Senior Notes • GlobeNewswire Inc. • 03/05/2024 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/28/2024 11:06:41 AM
- 3D Systems Reports Fourth Quarter and Full Year 2023 Financial Results (Unaudited) • GlobeNewswire Inc. • 02/27/2024 11:15:41 PM
- 3D Systems Introduces Industry’s First Multi-material, One-piece Jetted Denture Solution • GlobeNewswire Inc. • 02/21/2024 09:05:00 PM
- 3D Systems Announces Date of Fourth Quarter and Full Year 2023 Financial Results • GlobeNewswire Inc. • 02/14/2024 09:28:07 PM
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- WeAreAM Adds DMP Flex 350 Dual to Manufacturing Workflow — Expanding Addressable Applications • GlobeNewswire Inc. • 01/29/2024 01:30:00 PM
- 3D Systems Announces Executive Leadership Changes • GlobeNewswire Inc. • 01/10/2024 02:00:00 PM
- 3D Systems to Attend 26th Annual Needham Growth Conference • GlobeNewswire Inc. • 01/08/2024 09:10:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/14/2023 09:15:34 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/14/2023 09:12:53 PM
- 3D Systems Announces Organization Changes and New Executive Leadership Appointments • GlobeNewswire Inc. • 12/13/2023 10:57:28 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/06/2023 09:32:26 PM
- 3D Systems Announces Partial Repurchase of Convertible Senior Notes • GlobeNewswire Inc. • 12/06/2023 09:05:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 12/06/2023 08:11:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/05/2023 09:13:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/29/2023 09:09:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/22/2023 10:44:05 PM
- 3D Systems Receives FDA Clearance for NextDent® Base • GlobeNewswire Inc. • 11/15/2023 01:30:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/09/2023 09:10:59 PM
- 3D Systems Reports Third Quarter 2023 Financial Results • GlobeNewswire Inc. • 11/07/2023 10:15:41 PM
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Maybacks Global Entertainment Opens 23 More Stations in Important Major Cities • AHRO • Mar 27, 2024 9:00 AM
NxGen Brands Inc. Forecast to Deliver 140% Growth in Q1 2024 • NXGB • Mar 27, 2024 7:30 AM
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