I had an interesting experience in investing in Nano Dimension (NNDM).
It is a leader in 3D printing and has a big market potential in providing solutions for the design and manufacture of printed circuits for new products, to overcome global trade restrictions and disrupted supply chains.
The stock price increased from $6 to $15 USD over a period of four months up to February 2021. During that time, I bought and sold the stock on several occasions and made a profit of over $20,000.
The price dropped to a low of $6 in May 2021, which was too low relative to its fundamentals. The company has IP, manufacturing knowhow and market connection in addition to its cash per share of $7.49. The stock price should easily justify $10.
(Note - this is a personal opinion. I am not giving investment advice).
I held 6,000 shares an an average cost of $7.21. I bought an additional 4,000 shares on 4 June at $7.35. For a reason that I was not aware, the price shot up $8.01 within a few minutes. I sold the 4,000 shares and made a profit of $2,600.
I kept my holding of 6,000 shares at an average cost of $7.21. The stock price closed at $7.69.
Tan Kin Lian