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An alternative explanation for today's plunge in shares of 3D Systems (DDD -12.4%): Fellow...

  • Monday, January 28, 2:20 PM ET
    An alternative explanation for today's plunge in shares of 3D Systems (DDD -12.4%): Fellow 3D printer ExOne sets IPO terms at 5M shares at $14-$16 each. But Piper Jaffray's Troy Jensen is skeptical of competition concerns, noting just 2%-3% of DDD's total sales overlap with ExOne. "This is noise," Jensen tells Dow Jones. "I've never heard of ExOne until they filed." (earlier)
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This news story has 15 comments:

  • the explanation is that the fundamentals don't support the momentum... this correction has been long over due. expect the correction to continue at least 20% further by the end of 2013
    28 Jan, 03:11 PM Reply Like
  • Give me a break. It tanked because one of your "analysts" wrote an article saying it was about to tank. Talk about self-fulfilling prophecies (and market manipulation).
    28 Jan, 03:55 PM Reply Like
  • Well said, I bet some people made a right few "bob" from this
    29 Jan, 03:33 AM Reply Like
  • Negative Remarks not based on facts. EXOne an IPO soooo
    28 Jan, 04:13 PM Reply Like
  • Well, I would rather think it is just somebody dig a deep hole on that price chart, enabling them to buy DDD 12% cheaper.
    28 Jan, 04:13 PM Reply Like
  • There'll be other attempts to drive the price of DDD down.
    28 Jan, 04:13 PM Reply Like
  • so are we expecting ddd to plunge even deeper?
    28 Jan, 04:13 PM Reply Like
  • imo, definitely
    28 Jan, 04:32 PM Reply Like
  • I reduced my position by 50% at $46, a double, and will sell my remaining position at $69, a triple if it gets back up there, when they become LTCG. Bulls and bears make money, hogs get butchered as they say. At a PE approaching 100, the odds of a permanent correction to a more reasonable multiple are too high for my fragile nerves - think Apple.
    29 Jan, 01:30 AM Reply Like
  • It's all about the $$$. Manipulators scaring investors into selling so they can buy up the shares you sell much cheaper. Do not panic. DDD is a proven company with much growth ahead.
    29 Jan, 02:32 AM Reply Like
  • good, the price is getting closer to my buy in price.jpmj4847
    29 Jan, 04:33 AM Reply Like
  • Watching DDD for days now. Happy to see it pull back. I do plan to invest in this company when it drops a bit more. I see it as a future to home and industry.
    29 Jan, 09:30 AM Reply Like
  • Count me in at 54 or below.
    29 Jan, 10:05 AM Reply Like
  • Been thru this Wall Street strickery under different symbols in the past 12 years. Stick to your principals of high growth stock. You'll be the winner long before your first social security check come in.
    29 Jan, 12:28 PM Reply Like
  • I sold my few shares at 71 based solely on the RSI, bought a larger position back today, and watched it go down another point. So I would be happy to see it stabilize here.
    30 Jan, 06:41 PM Reply Like
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