LogFAQs > #950956000

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, Database 7 ( 07.18.2020-02.18.2021 ), DB8, DB9, DB10, DB11, DB12, Clear
Topic List
Page List: 1
TopicStock Topic 22
red sox 777
02/22/21 5:20:21 PM
#303:


Nanis23 posted...
Oh, no, don't take it personally. I just hate the stock

As it's a Israeli company I was following it for some time and I read people experience with it. Granted that was the "old NNDM" before they decided to leave our stock exchange. The day the left they announced some kind of a deal and went +300%. Fast forward a few months later, ARK invested in them and yeah...up a lot more since

Anyway, as you said you looked at their graph you probably noticed something - this stock, before the last few months, went -99% in each year. The market didn't believe in them and rightfully so. Look at their earnings. They barely make any money and they spend so much...on what?
They also have plenty of cash on hand because they keep making offerings and dilluting the shares
Looking at the graph and thinking the stock went up 1600% is not telling the whole story.
In the last few months they have made at least!! 5 underpriced offerings while the stock price kept climbing up.
They are, right now, the 18th highest Israeli company by market cap
They don't deserve it. They don't deserve even being 180th highest.

Proper Disclosure - I was never invested in NNDM and was never hurt by it so none of my hate towards it is because of a personal loss or whatever
It just smells scam

Just because their stock was bad before doesn't mean it will stay that way in the future. Maybe they're getting to the point where 3D printing can start to make money soon?

---
September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!
... Copied to Clipboard!
Topic List
Page List: 1