 Boom What's up money geeks? Mr. V here. Welcome to another video guys. So in today's video We are gonna talk about ticket symbol DM desktop metal So this is a stock that we covered here on the channel I have been buying this stock from the very get-go when they announced that we're gonna go public through a spark so I said I'm buying and I told you guys to me I see this stock as the future of Manufacturing or part of manufacturing so again today the stock actually came out their earnings results and It's still a tremendous amount of opportunity. So that's what I wanted to cover into this video But before we get started guys, we are new to the channel We took about how to earn money how to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button and a notification bell So you don't miss out on you Content so when it comes to desktop metal guys again This is a stock that we cover here on the channel and I told you guys from the very beginning that when I look at the future of manufacturing Right now we have a situation where if you want to order a part lesson from a dealership The dealership would take your order and then send it to their manufacturing facility Maybe in China who knows and then they when they manufacture the shipping to you So you're looking about a month out or so But if you have 3d printing machines like what desktop metal has right now where they can actually 3d print a part for you right on site at the dealership. This would be ink I mean, I just crazy imagine going to Maybe a trade show or something and actually having a prototype of your product right there Which can be easily printed with this 3d printers I think it's good and even so if you look at most places where that you have to hang on to a lot of inventory If you have these these particular Machines they don't have to buy everything so you only buy the stuff that you think are your top sellers And then the stuff that is slow you can buy this machine and then print them out as people order them So I mean the use cases here are just Incredible in my personal opinion, so I love the stock and I continue to buy in so the stock is actually taking a massive beating Even from when we started talking about it and I'm gonna show you guys here That's still made up as a matter of fact. Let's jump over here And look at so this is their their earnings report your Q2 so as we can see here revenue Was up 68% for you know second quarter, which is pretty great One of the thing that really stood out to me is the fact that new customer group new customer acquisition grew 44% That's pretty great. They made some other serious Acquisitions, which is why I think that this talk has been taking a beating because they're spending all this money and Deluding their shares by acquiring all this other company. So they acquire this error sink We talked about it here the channel current beacon bio. We talked about that here Robust liquidity position we cash, which is what we understand here and then most recently if we can take a new denouce it They acquire X1 so that's another area where they are continued to spend money to acquire and build That name recognition in the space the fact that they're going out and buying all these other companies and Establishing themselves. I think it to me. It's it's pretty excellent because you take out your competition And what does that make you it makes you the household name? Everybody is under you under your name. So I think this is a smart idea Is that good for the stock price right now? No short term the stock price has taken a massive beating So if we go back here yet today, you can see this stock Skyrocketed to this is just back in February of 2021. Look at this thing was sitting at $33 and it's plunge down 53 almost 54% sitting right now at just a little bit over $7. I think to me This is a prime buy stock if you don't have any position in the stock right now Long-term guys again, this is a long-term play. You might see a string opportunity here, but I'm encouraging you guys If you want you have to have long-term plays not just swing or day trades focus on building long-term portfolio And I show you guys that here on China So this is one of the plays that I continue to load up on because this thing is gonna explode in the future Again, if you look at companies that are disrupting their industry, I think that's the matter It's gonna be that disruptor in my personal opinion. So keep an eye Again, this is this right here. We can see here this thing Yet to date it if we go back, let's just go back one year So you guys can see so this thing I was a spark so came through a spark So obviously start at seven ten dollars and then that's when I actually started buying this at ten dollars You need to see this thing has gone up to 33 and then pull back again This is an area where you load up and continue to hold give you think three to five years You're gonna see some massive Explosion so the fact that these guys are going out and acquiring all these other companies And building and establishing themselves as the main player in this space I think it's a smart idea if you understand what Kathy what it's doing and investing in disruptive companies Desktop matter is obviously One of those kind of stocks that she would invest in so that's why I am bullish on this stock long-term again And I say long-term we're looking five years down the road. I'm not thinking about Maybe six months or so six months. You might get a swing trade there, but I'm holding five ten years Down the road kids again. These are companies that once they get going things are gonna change It didn't they are actually disrupting the way we currently do Manufacturing which in my personal opinion, I think it's gonna really impact not just manufacturing but shipping logistics and all that stuff because instead of shipping a ton of goods from one location to another or Parts from one location to another what do you do you just buy a machine put it in one location and print the parts from there And that way you're not like doing a lot of shipping and well wasting trees with boxes and stuff like that I just had to put that in there. So again, let me know in the conversation what you think about is in my personal opinion I think the levels where that's the ministering right now on the $8 to me. It's a steal Stop buying start loading up on this and in don't if you sit there and look and then tomorrow when this thing explode You're gonna be like, oh, I missed out on this one again You should be smart do some research so we understand the business model what these guys are doing before you jump in That's it for this video guys Let me know in the comment section again what you think if you're new to the channel We took about how to earn money how to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button any notification bell So you don't miss out on new content also guys if you're looking to get settled with investing We both has their promotion where if you sign up and deposit a hundred dollars You get some free stocks at no cost to you links in the description and as always guys Do you do diligence? Don't be a great savage. Stay motivated