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Reply to @Ted: 3D printing is actually, unlike social media, something I find rather fascinating. I do think it is a legitimate industry that is in many ways groundbreaking and probably going to lead to a lot of changes in various industries. That said, the stocks were as overdone as many of the social media stocks. I do think you're going to see one or more of these companies settle out over time and do very well.
In the short-to-mid term, there could very well be more downside. The mutual fund based upon this small sector was definitely not a good (and was a bizarre) sign. You have such desperation in this market to find anything resembling growth that things that generate excitement - social media, 3D printing - are driven to astronomical levels.
But, again, I think there's a lot of promise over the long term. Between now and then these stocks could very well go lower and are going to be highly volatile.
If this fund focused on emerging technology it might be a good play. Besides 3D printing there is bionics, wearable tech, and a whole bunch of other ideas.
Comments
Regards,
Ted
Article: You must be 21 or older to watch the video !
http://money.cnn.com/2014/01/31/investing/3d-printing-fund/
In the short-to-mid term, there could very well be more downside. The mutual fund based upon this small sector was definitely not a good (and was a bizarre) sign. You have such desperation in this market to find anything resembling growth that things that generate excitement - social media, 3D printing - are driven to astronomical levels.
But, again, I think there's a lot of promise over the long term. Between now and then these stocks could very well go lower and are going to be highly volatile.
Regards,
Ted