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).
ps. of course, the above is just my interpretation of the reality… so take it for what it is.If you enjoy the content at iBankCoin, please follow us on Twitter
You really don’t like averaging down eh
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.
Wave of the future, wave of the future, wave of the future…
Ride the wave, ride the wave, ride the wave…
safe to say your killing it
Check back in 2 years, then I’ll be REALLY killing it. 🙂
Thanks and Good Hunting!