3D Systems Corporation Burning Through Cash During "Investment Phase"

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Mark Melin
Published on
Updated on

As three dimensional printing continues to garner much interest, some say hype, detractors wonder when the sales and tangible profits will materialize?  Now comes a report that 3D Systems Corporation (NYSE:DDD), a leading manufacturer in the sector, is burning through cash at a record pace. 3D Systems cash In less than six months, 3D Systems Corporation (NYSE:DDD) has run through almost all the amount the company raised in a recent secondary offering, burning through close to half their cash reserves. The company now has $280 million cash on hand, a Motley Fool report noted. Much of the cash drain during…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.