3D Systems Corporation (NYSE:DDD), considered a bellwether for the 3-D printing market, released preliminary results for 2013 and provided profitability guidance that was below Wall Street estimates. As previously noted in ValueWalk, the 3-D printing market has been long on hype and industry promise but short on delivery of cost effective solutions in an actual mass production environment. Certain hedge fund professionals have been shorting the stock, led by Dialectic and Whitney Tilson, a fact reported by ValueWalk in December and January. Long way to go for earnings to catch stock price The recent release of results and forward guidance…
3D Systems Corporation (DDD): Sharks Circling As Shortsellers Pile On
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.