Yep, realty check. The GE present and nice profit was pleasant but lets be real. The pretty graph you posted clearly shows how poorly the arcam pps was performing before the GE deal. Most of the appreciation was directly from GE and not arcam perfomance. The only 3d company performing well in 2016 pps wise on its own was DDD as noted by Motley fool in their article and confirmed in their graph.
Now you know that I've been bullish on Arcam for a long time, taking issue with the posters who saw bogeymen behind every corner. But the ones who see bulls and great arcam performance and pps, 70 and 90, around every corner are equally suspect and need challenge.
You haven't answered my question, but its obvious that arcam is not trading well and with only a 15% or less trading float its questionable whether it well. How weak will the pps go without buys/sells or news which is unlikely as the company was not giving news before. Additionally, most 3d companies report bad 4q sales and how will another bad quarter affect the pps. Who will support the pps if GE and Elliot are not buying/selling and institutions will not be able to given the low float. How will you get those 70s and 90s??? Just trade amongst ourselves??? HOw will that affect the pps?? We shall see. But the uptick was due to the deal and its weakening now and with such poor volume it would be hard to sell a large position.
You have not addressed any of the points I made. 1. GE has not taken full delivery on the machines bought, much less need more now.
2. No EBM parts are in mass production as yet which negates the need for the huge orders some have stated have already been made but not announced. 3. You should inform the posters that bulk buys must be announced and the lack of same suggests they haven't happened unlike one who said they probably have been made but not announced. 4. If you think GE is buying stock, like one stated, why don't the filings document it as you said they would. 5. Given the low float and lack of sellers and buyers and volume, why would the pps appreciate hugely even if huge bulk orders come forth.
Bottom line, I was and am bullish on arcam and the entire 3d sector. But the volume manufacturing and bulk orders have taken longer than I expected and hoped and its still unclear how many parts will be EBMed vs laser. Even more significantly, its unclear how the stock well trade and whether one can profit from it.
To negate one of you conclusions, if my hopes on ebm are confirmed and the stock trades so that I can expect a profit and recognize It, I will be back in. THe article you posted suggesting that GE would sell to competitors to the tune of 10000 machines gives me hope but we shall see how it plays out.
