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ExOne opens $15M credit facility ?3


I see the announcement that ExOne has secured a $15M credit facility as double-edged.  For the long-term, it could indicate that the company has no intention to engage in dilutive financing.  For the short-term, however, it could be a sign of further delays in realizing sales revenue.

XONE is up over 85% since I called the bottom, and I think some caution is warranted.