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Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

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Diamonds and Dogs

11/26/12

Generac Holdings Inc. (GNRC)

Generac is getting electrocuted today, down 9.10% at $32.08. The generator company saw its shares drop lower after releasing a secondary offering. The secondary offering will introduce an additional 11.5 million shares to the market. The majority of the shares are coming from directors and senior executives of the company. Furthermore, underwriters will have an option to buy another 1.7 million shares if investor demand warrants it. Generac saw its shares skyrocket after Hurricane Sandy left thousands of people without power. However, investors seem to be wary of millions of shares hitting the market, especially the shares coming from insiders. Generac is still well above its 52-week low of $18.35.

3D Systems Corp. (DDD)

3D Systems shaped itself into a diamond today, up 11.57% at $46.57. The 3D printing company (which allows for 3D objects to be loaded on a computer and sent to a printer that will make the product from any material) saw its shares jump after news that it was releasing a new printer. The new printer will outperform its old models as well as its competitions printers. The ProJet 3500 HDMax will provide greater productivity, larger high definition prints, and removable tablet controls. Furthermore, 3D Systems is offering a five year warranty on the printer's print-head, which no other company offers.3D Systems has had a phenomenal year, and only around $0.35 from its 52-week high.
Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.