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Organovo On The Block As Hedge Fund Shorts Pile UP In 3D Printing

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Mark Melin
Published on
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As noted in previous ValueWalk articles here and here, the 3D printing market continues to find hedge fund short sellers, who now appear to be piling on the beleaguered and, some fund managers say, over-hyped category with increasing regularity.

Organovo

The latest to trash 3D printing high stock valuations was hedge fund Lakewood Capital Management.  In a letter to investors reviewed by ValueWalk, Lakewood's  Anthony T. Bozza mocks the hype, commenting on one of its short in the category: “Perhaps no company has ever positioned itself at the intersection of two hotter industries than Organovo Holdings Inc (NYSEMKT:ONVO), which appears to be both a 3D printing...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.