Speaking of bottom fishers on the big boards. I have two BB stocks on watch for double bottom confirmations. Both have a lot of room to run (short-term and especially long-term).
Both charts have strong (strengthening with the days) technicals, IMO.
I'm actually looking to invest in both of these stocks (after selling half of the initial position at a logical target), as I believe they both have positive days ahead in their respective fields and a lot of potential for growth and speculative boosts in their valuations.
3-D Systems (DDD - NYSE) is a 3-D printer manufacturer and retailer at the forefront of that new technology. They manufacture commercial and home 3-D printers that are capable of printing out things ranging from plastic toys, to metal car parts, to the rubber soles of shoes, to decorative cookies, and much more.
What can be printed is only limited by the user's imagination and skill with (grasp of) the technology's software. There are many examples of very intricate and detailed "printings" (toys, cookies, shoes, etc.) online that, IMO, match or exceed the capabilities of technologies that are still being used in large scale manufacturing.
Points International (PCOM - Nasdaq) really has my attention.
Here's a description of PCOM from Yahoo finance:
"The company's services enable the sale of loyalty currencies, such as frequent flyer miles, hotel points, and credit card points, as well as enhance loyalty program consumer offerings and their back end operations. It also operates Points.com, a consumer focused reward management Website that provides members of multiple loyalty programs the ability to track and manage their loyalty currencies, including their financial assets. The company was incorporated in 1999 and is headquartered in Toronto, Canada."
According to Points International's website (points.com) they currently have 45 partnerships (American Express, Alaska Airlines, Amazon.com, American Airlines, Best Buy, Hilton Hotels, Southwest Airlines, Starbucks, PayPal, just to name a few) and have accrued over 88 billion reward points to date.
Rob MacLean, the company's CEO, recently stated publicly that he foresees an accelerating growth for PCOM starting with this year.
I watched a video detailing what to expect as an employee of this company from their price.com website. It mostly talked about the general work atmosphere, what they're looking for in a person as a worker (in terms of work ethics, goals, and level of passion towards the job position), and introducing the founders of the company (president, CEO, head of marketing, etc.). I must say, I was very impressed with the presentation and the message that they had to share. It really appears to be a company that's run by genuinely honest, passionate, and intelligent human beings whom each share a common goal to continue creating and perfecting a technological system that they believe will add value to the world of loyalty programs...and it's a VAST world that's only growing with time.
I haven't looked too much into their financials yet, but I like what I'm seeing thus far and I believe that the points rewards market provides the potential for a lot of "mining" and profitability, for many years to come.
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