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…
3D Systems Corporation Burning Through Cash During "Investment Phase"
Mark Melin
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.