Friday, November 29, 2013 1:16:11 PM
"Turns out that we can. We bought 2500 shares for you at 11.4 euros. That comes out to around $39k in dollars. The trade was in euros, but it will settle in dollars."
I made the mistake of not jumping quickly on some of Gary's earlier finds. I did not want to miss out on this one. I feel it will fly for the following reasons:
1. Low valuation for a 3D company
2. Great ties back to 3D (DDD)
3. Big show in Europe next week where they will be displaying their printers
4. Since they are currently trading on the NYSE Euronext they are more difficult for the average American Investor to acquire. Once they are more popular others will figure out how to buy in. I believe the price will be much higher.
5. I feel they will soon either turn into an ADR or ADS (prefer ADS)
6. They have an EPS (I prefer a company that is making $$)
7. Like all new 3D printing companies, they are always subject to being acquired by one of the big boys.
GLTA!
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