The following is from an email Whitney Tilson sent to ValueWalk.

Also see  Tilson on K12 ‘My response to Dear Whitney – Are we having fun yet?’

Ya can’t make this stuff up! From a friend who met with the CEO of 3D Systems Corporation (NYSE:DDD) (not some penny stock, but an $8 BILLION company):

Avi told me during a 1×1 that “his company is 50% technology, 20% innovation and 30% awesomeness.”


What is the appropriate discount rate to apply to “awesomeness”?

Remember that line – it’s a classic; like Chuck Prince’s infamous: “As long as the music is playing, you’ve got to get up and dance.” The only surprise is that Elon Musk didn’t say it.

3D Systems Corporation (NYSE:DDD) is one of so many unbelievably great shorts out there right now. I haven’t written it up (yet), but Citron wrote an excellent report in February entitled, What do a Comb, an Egg Cup, and a Justin Bieber

Vibrator Have in Common?; see: The stock is a much better short today, as it’s up 26% since then but the fundamentals are deteriorating and the company lowered guidance in its last earnings report. But that hasn’t deterred the bulls, as it trades within a few percent of its all-time high, at 17.2x REVENUES, 64x trailing EBITDA, and 63x next year’s earnings estimates.