3d euro trend identified Noticed a developing trend 1.Phenix...french 3d printer trading only on french exchange....gets bought out by DDD for 100% premium 2. Arcam..swedish 3d printer trading in sweden on nasd eu omx at a fraction of us comps valuation..gets us otc listing..stock runs from teens to split adjusted 200 3. Groupe Gorge..french 3d..trading only in france..gets us otc listing..promptly doubles
Now comes Alphaform trading only on a secondary german exchange...at by far the tiniest valuation..around 20m..as of friday afternoon they get us otc listing
Whats clearly happening here is all the remaining unknown established companies involved in 3d printing are trading on obscure eu exchanges ..further they are trading at relative fractions of similar us companies..once they are listed here in the us...within reach of most american investors they are discovered and taken up to valuations comparable to other similar us companies involved in 3d printing. I expect Alphaform AFRMF...with more revs than for example vjet...and its close ties to eu 3d print giant Eos to follow this pattern once word of the listing gets out. Closed yesterday in germany at 3.20 euros...in the us 4.70 usd..accounting for currency difference.
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