P/S ratio is looking much closer to what i’d find attractive. they have some cash so no near-term bankruptcy worries. i can’t really predict when consistent profitability will appear though. i’ve certainly been taking a close look lately but have little reason to say whether the bottom is $8 or $4 so i’d rather stay on the sidelines for now. first positive earnings surprise is probably the best time to purchase.
That lacks any fundamental analysis. No one cares about ratios when it come to “breakout technologies”, they want results. Interestingly, 3D printing has had many “amazing concepts!!” that haven’t panned out at all. For example…
3D printed livers: http://www.organovo.com/
3D printed rhino horns: http://news.discovery.com/tech/biotechnology/3d-printed-synthetic-rhino-horns-could-save-rhinos-150624.htm
Or just today, 3D printed dog paws for our best buddies that lose a foot: http://www.engadget.com/2015/12/29/derby-the-dog-gets-better-3d-printed-paw-prosthetics/
This is all awesome stuff, but it’s not being made on scale. That rhino horn thing? That could make millions today. Why isn’t it being done? Because 3D printing is more fantasy than reality. I learned that the hard way. 3D printing will give us amazing stuff, but it won’t be widely produced for a long, long time.
there isn’t really any fundamental analysis to be had with “breakout technologies” so really i’m just subjectively basing my opinion on a decent P/S ratio versus other wildly unprofitable “breakout technologies”. that is why i’m waiting for an upside earnings surprise, which is the most consistent stock performance indicator available, especially when it comes to a change in price trend.
At which point you’ll have missed the upside. You’ll be part of the herd.
not if its bouncing 30% off of $4. much better than buying at $8, or $20 for that matter, and hoping for an upside surprise. upside surprises are almost never fully priced in the day after the surprise happens. research shows outperformance carries on for several months afterward. and for a stock that’s down ~90% from its high, from experience i can tell you that the effect is greater than the average stock that the research covers. read the FAJ homie.
Well, to be fair Sweep, ONVO was a mafia-backed fraud (watch for the documentary: “ONVO, the Untold Story”). The surprising thing isn’t that it didn’t work, it’s that anyone thought it would work and the stock sported a $600 million market cap for a time… err, at least until the insiders were done stealing everyone’s money. XONE, MDDD and VJET also frauds. DDD and SSYS are real… as in, real shitty investments.
Dude though, I estimated the ONVO crooks took out $50-100 million from that turd. Wow stock market, wow.
Yeah homie, read the FAJ - lol!
just to be clear, it would be out of character for me to throw any number of dollars at a company in the 3D printing sector. but if i did, it would be on an upside suprise and with a tight stop. my inkling is they are garbage but if i can make a few hundred percent in less than 100 days, i would consider it.
is this still alive lol