Good to take some profits.
However medium term outlook is good for 3D metal printing stocks & several have picked up good contracts or Looking into possible deals with companies testing products specifically meet high standards etc, & expansion plans.
Investing in startups is always a risk, but at least 3MF has some cash flow from a range of existing customers. The next year should be interesting for revenue growth with new expansion plants operating in Austin & Singapore Port.
Pricing costs are under pressure & companies are looking hard at it recently with the covid pandemic. Delayed shipping distribution & manufacturing problems have been an issue. Hence customers seek lower Logistics & quality manufacturing costs that 3D metal companies can offer. Interesting times ahead.
No investment advice intended.
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