Jul. 11 at 3:26 PM
$DDD I see a high likelihood of a merger of 3D Systems
$DDD with Nano Dimension
$NNDM because according to FINRA and ortex.com data on June 30, 25, DDD exhibited 25.6m stocks shorted but 41.2m stocks borrowed and NNDM 10.1m stocks shorted but 21.2m borrowed. In my view, the reason why far more stocks are borrowed than shorted might be that investors borrow stocks to obtain voting rights for an imminent voting such as one for a merger. Maybe DDD or NNDM or any other merger partner is working with investors together.
2) The bad financial terms of the convertible make me think two things why DDD did that so early. In my eyes it might be a camouflaged entry of a blockholder with more than 20 percent who will exercise at
$2.2. This blockholder might also be a white knight in the case someone like NNDM or Stratasys
$SSYS intends to takeover DDD in a hostile bid.