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3D Systems (DDD +6.5%) jumps on news it's getting added to the S&P MidCap 400 Index...

3D Systems (DDD +6.5%) jumps on news it's getting added to the S&P MidCap 400 Index following Wednesday's close. The 3D printer maker is replacing Macerich (MAC +1%), which is replacing Coventry Health (set to be acquired by Aetna) in the S&P 500. 3D will be replaced in the S&P SmallCap 600 by CoreSite Realty (COR +4.8%).
Comments (5)
  • bernie123
    , contributor
    Comments (155) | Send Message
     
    Shorts have a lot of covering this week. Adding Staples as a retail outlet is going to drive 3D Systems up to $50+. Good luck shorts!
    6 May 2013, 10:08 AM Reply Like
  • Aikman
    , contributor
    Comments (122) | Send Message
     
    Not selling DDD before it hits $60, willing to wait for a long time and will add on dips :-)
    Long DDD.
    6 May 2013, 10:14 AM Reply Like
  • Ted Greidanus
    , contributor
    Comments (25) | Send Message
     
    Watch the 9day RSI when it gets to 80 look for short term pull back. I believe this will be another buying opportunity. Look at the long term chart as the formations go after all pullback of 10-30% My opinion is the more shorts the better, let them cover to benefit those of us who are long!!!
    6 May 2013, 10:23 AM Reply Like
  • rejiii
    , contributor
    Comments (37) | Send Message
     
    I was hoping the shorts would drive DDD to a lower entry point; they didn't. It appears they have deep pockets or nerves of steel, or both. Of course they could also be stupid. If the latter, the coming short squeeze should be quite a show.
    6 May 2013, 01:22 PM Reply Like
  • Raj!
    , contributor
    Comments (19) | Send Message
     
    DDD is the new Stock in the street that shorts have been waiting to profit from.Earning has shown the power of DDD.
    Staples deal is the game changer.I look to see $60 before not too long!!
    6 May 2013, 02:23 PM Reply Like
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