Last week Voxeljet (NASDAQ:VJET) the smallest of the 3D printing bubble stocks, put out its first quarterly report as a public company.
But you won't believe what the company failed to mention — it's right there in the small print — and it wasn't printed with a 3D printer!
Citron documents a realistic price target on VJET of 12.09.
It’s been a year since Citron explored the corporate actions of Nu Skin (NYSE:NUS), the Utah-based MLM Company most dependent on revenues and growth from Mainland China, while operating an illegal pyramid scheme.
In the intervening year, Bill Ackman focused attention on the legal jeopardies of the MLM model with regard to FTC regulation within the United States with his critique on Herbalife and introduced a debate on the legality of MLM. THIS REPORT DOES NOT CARE. As tweeted in the past, Citron was long HLF and most importantly readers must understand that not all MLM are created equal – Ackman just bet on the wrong horse.