iBankCoin
Don't pay dollar to keep 2 cents when wrong. Cut your losses quickly. Trade what you see, not what you think.
Joined Oct 26, 2011
719 Blog Posts

The Birth of a Techno-Industrial Revolution

3D Systems’ (DDD) acquisition of Paramount Industries just made me realized we are witnessing a reshaping of our industrial revolution.

It is akin to watching the development of Ford T car assembly line production except that we are talking about something far more advanced.

My take is that the technology behind 3D printer and its direct manufacturing and product development solutions is the wave of the future.  It simply CANNOT be stopped.  You are witnessing the birth of a new techno-industrial revolution, so to speak.

SSYS and DDD, the two MAIN players in the field, provide a dose of healthy competition to each other; it will be interesting to just sit back and watch them grow into GIANT.

Needless to say, I added more SSYS and DDD today, again!

As opposed to buying more when trend is down (averaging down), I’m buying more when the trend is up (averaging up).

Good Hunting!

ps. of course, the above is just my interpretation of the reality… so take it for what it is.

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6 comments

  1. noodle

    You really don’t like averaging down eh

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    • zenhunter

      Statistically speaking, averaging up with the uptrend give you a better edge than averaging down when the trend is against you.

      Yes, I don’t like averaging down. Learned my lesson the hard way awhile back.

      Good Hunting!

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  2. Raul3

    Wave of the future, wave of the future, wave of the future…

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  3. noodleboy

    safe to say your killing it
    righteous

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    • zenhunter

      Check back in 2 years, then I’ll be REALLY killing it. 🙂

      Thanks and Good Hunting!

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