Tuesday, November 5, 2013

New Highs

Stratasys and 3D Systems have been moving along strongly since their Q2 earning reports. That being said both of the companies have been on a steady track upwards in relevance to their stock price. How big of highs have they had?
Well 3D systems hit 70$ a share today when roughly a week ago the share price was a mere 53 dollars. Chances are the price won't dwindle down to 53$ again, because why would the company lose investors when its blatantly succeeding, the answer is it wont.
As for Stratasys who has boosted to a new high of 120$ a share today which made shareholders like me happy. The reason is not because of the new high, because that could change quickly, its because it is unlike the other 3D companies. For example 3D Systems stock price was unrattled by the foreshadowed good Q3 earnings. Now for Stratasys it is well off even before the release of the Q3 earnings which is at 8:30 on Thursday, which is also expected to be good news for shareholders.

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