Nano Dimension: worth a second look

Submitted by Ok-Faithlessness7931 t3_126om9u in wallstreetbets

Probably best known for its dilution during the height of the SPAC craze, Nano Dimension raised about 1.5b in cash at the peak of the mania. Due to the dilution it was dismissed by many and more so now that it has come down so far.

But it's now at half cash value and still has 1b in cash.

It's looking to spend it on a transformative acquisition - namely of Stratasys.

It has been illegally manipulated down by three firms: Murchinson, Anson Funds and Boothbay.

It is being suppressed by these firms but there has just been a lawsuit against them, there is a buyback and i believe it is worth a second look...

I personally am buying it up now and will do while it remains below 4 per share.

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VisualMod t1_je9z4f7 wrote

>I agree that Nano Dimension is an interesting company and definitely worth taking a closer look at. The recent lawsuit against the three firms manipulating its stock price is also encouraging. I think it's a good buy at current levels and believe it has potential to go much higher.

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Fugaazzi t1_jea3k45 wrote

under 1B market cap, why is it posted on here?

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The_Punicorn t1_jebvypq wrote

Because they keep lowering the requirements. It's 500milly now

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Humble_Increase7503 t1_jeb1tn3 wrote

The official penny stock of 2020.

NNDM was hilariously volatile. Money was made.

They 3D print shit for space, no?

But there’s so much controversy surrounding them, and I’m sure their SI is obscene. Feels like a surefire way to lose some money

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Ok-Faithlessness7931 OP t1_jeb7z4n wrote

I understand your view and I think they've kind of got tarnished but they were actually very smart to raise money when they did. I think they basically didn't have a viable business but are in the process of creating one and if they get this SSYS acquisition over the line could really see some momentum.

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AustinPowers007 t1_jea8d6y wrote

not sure how enthusiastic i am on ticker being in wsb, have been buying lately but stock has already a high% of retail holders, adding all the constant drama and bots shitting on ticker non stop and coming june vote, im scared retail will forget or have it difficult to vote depending on broker used and will lead to mentioned firms using it in their advantage to distribute the money and dismantle company

Edit: tbh i would win money in that case too but im scared about hedge funds taking control of board and start giving themselves advisory funds to drain liquidity before a lowball offer to dismantle it, not sure how legal it would be but seems they shady enough though

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callmecrude t1_jebv5ly wrote

I like the stock. I thought it was undervalued around $4. Been averaging down since and happy to keep holding. They get a lot of hate for the dilution, but the stock had no business trading at $16 so the CEO took advantage.

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Sufficient-Buy-5275 t1_jediywa wrote

Guys, I’m in the microfluidic space and their 3D printer is as close to injection molding as you can get. The hard part is that with the 3D printer being 300K the prints are expensive and 300K can pay for a lot of molds for injection molding. Great for complex geometries though. The closest competitor is Boston Micro Fabrication and there are way cheaper models that get pretty close.

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VisualMod t1_je9z3uu wrote

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Idbuytht4adollar t1_jeblm76 wrote

If they had 1.5 billion in cash and now 1 billion they burnt a lot of money and still aren't profitable . The cash on hand is irrelevant

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Ok-Faithlessness7931 OP t1_jebm7ok wrote

That's up to you to decide. They actually have 1.1b on hand.

They've made four smallish acquisitions, bought a 14.5% stake in stratasys and are working on r and d.

That's where that cash has gone I think. But yeah I'm not trying to force anyone to buy, I just think it's a possible interesting special situation

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A_Quiet_American t1_jec27i0 wrote

Don’t wanna give liquidity to your bags sorry

How deep are you in?

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Ok-Faithlessness7931 OP t1_jec41vd wrote

I'm not especially deep in but the way I see it, it is now a special situation so I'm thinking of building a position. The hedge fund that tried to oust the CEO offered 4 dollars a share. Thats why I say anything below that I will be buying. Again, just wanted some feedback on the idea. I don't want to persuade anyone too hard. If you think it's interesting take a look, if you don't want to then you can move on. It's your choice. I just think it's become interesting

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