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So I posted a comment (copied text from JJs blog) comparing QA procedures of Sigma Labs to Arcams on a recent article about Arcam on Seeking Alpha. Numerous people liked what they saw, however this was one of the rebuttals from a well respected contributor regarding Sigma:
"If they had a solution for additive fabrication issues all machine vendors and service bureaus have, they would have been an acquisition target in the past or would have been acquired already. After all, their market capitalisation is pocket change."
I would like to provide a rebuttal to this, if there is a good one, any suggestions?
Your posts are so amusing. Conservatively, probably 85% of the people on this board have done the research, realize the opportunity here and are in this for the long run. So we will all be amused by your clever statements; "Stinky Pinky" is my favorite. What is 15% of 404, anyway?
Very nice, more pieces falling into place.
Yeah I was looking to jump back in, then came across that Inmarsat article. Would also like to hear from someone more familiar with the technology to know to what degree this impacts FLYHT.
Yeah, if this becomes the standard, life will be very good for most on this board.
Round3r,
Thanks for the info., I don't know how I missed that post. One of my concerns all along is what the competition is doing and this post seems to sum that up pretty well. I will spend some time reading up on those links. And JJ Smith certainly knows what he is talking about.
Hoping that Sigma's approach of visual, audio & detailed analysis to correct the part on the fly, will be the, or one of the, winners in this. They certainly have established great relationships with huge players.
Someone more knowledgeable than me care to comment on this article:
http://www.tctmagazine.com/euromold-news/arcam-celebrates-both-launch-of-q20-ebm-system-and-first-ord/
This is about Arcam's new printer that is focused on the aerospace industry. See quote below. Is this a viable threat to SGLB?
"Precision quality management
Returning the discussion to the Q20, René explained that the machine is capable of increased productivity, a higher-resolution print and new software, Arcam LayerQam - a camera-based monitoring system to verify part quality by recording every layer as it is built.
This, Abed explained, is crucial for continuity and part verification, which is of particular importance in aerospace and medical applications. Many "closed" systems are therefore of no use to companies who need proof that every part is the right size and shape and so the Q20 could potentially convince many potential customers that this technology is the most efficient and accurate way of creating parts that meet the manufacturer's requirements."
Yeah, I'm the wrong guy to ask as I'm fairly new to investing. I posted the info. on NITE as I didn't understand the reference when it was first posted and figured there may be others in the same boat as me. Hopefully others more knowledgeable than me will respond to you. One thing I will add is I wouldn't be worried about short term manipulation, as this stock should provide ample rewards in both the fairly near and long term.
Thanks for the compliment and for resurrecting my post, guess I shouldn't have mentioned that other stock.
Hopefully LQMT can overcome shoddy management, because it has everything else: the product, partners and patents. Maybe there will be a hidden gem in the CC.
Well I'm out. I took my measly 25K shares and will probably put half into SGLB and the other half into graphite stocks. GLTA
For those who don't know what NITE is (I was one of them), this is what I found:
The Ax
The most important market maker to look for is called the ax. This is the market maker that controls the price action in a given stock. You can find out which market maker this is by watching the level II action for a few days - the market maker who consistently dominates the price action is the ax. The ax isn't always trading the stock in one direction or another. Sometime he is keeping it in a tight range and sometimes he is not there at all and another ax may step forward. Note that there are times where there is no ax present. The point is the ax is the one to watch closer than all other parties or MMs. Many day traders make sure to trade with the ax because it typically results in a higher probability of success. Note that the ax is not static. On any given day any party can be an ax, there may be one ax in the morning and another in the afternoon. If a big order comes onto the trading desk of a firm that doesn't do big volume in a certain name, the ax will take care of it and command the action. An ax can easily use an ECN to hide much of their action. They can and will use fake outs. Keeping an eye on Level 2 will reveal the ax.
Each market participant is recognized by the four-letter ID that appears on level II quotes. Here are some of the most popular ones: NITE, ETRD, SCHB, TDCM & ARCA.
NITE - wholesaler
SCHB - wholesaler
TDCM - retailer
ETRD - retail ECN
ARCA - an ECN
NITE : This is the king MM of the OTCBB. He intimides traders and other MMs use that to their advantage knowing that he scares them. That's why NITE is the shaker on most stock runs; he is the most common ax. NITE could be on the ask all the time, he could be leading a dip scaring sellers to SCHB and TDCM on the bid.
Can anyone explain all this recent insider selling. If there's any future here, why are so many insiders dumping shares. I realize some of it is probably to pay for taxes. I'm new to investing, but from what I can tell this looks really bad:
Insider Relation Last Date ? Transaction Type OwnerType Shares Traded Last Price Shares Held
BROMAGE BRUCE Officer 03/31/2014 Sell direct 58,050 0.2700 14,030
MAHAMEDI ABDI Director 03/31/2014 Sell indirect 58,050 0.2700 14,401,131
BROMAGE BRUCE Officer 03/28/2014 Sell direct 71,200 0.2700 72,080
MAHAMEDI ABDI Director 03/28/2014 Sell indirect 71,200 0.2700 14,459,181
BROMAGE BRUCE Officer 03/27/2014 Sell direct 199,063 0.2702 143,280
MAHAMEDI ABDI Director 03/27/2014 Sell indirect 50,940 0.2700 14,530,381
BROMAGE BRUCE Officer 03/26/2014 Sell direct 26,965 0.2705 342,343
MAHAMEDI ABDI Director 03/26/2014 Sell indirect 27,587 0.2705 14,581,321
GILLIS SCOTT Director 03/24/2014 Sell indirect 1,800 0.2680
GILLIS SCOTT Director 03/21/2014 Sell indirect 2,900 0.2822
CHUNG TONY Officer 03/20/2014 Option Execute direct 545,300 0.0800 1,870,299
CHUNG TONY Officer 03/19/2014 Sell direct 494,778 0.2770 1,324,999
CHUNG TONY Officer 03/18/2014 Sell direct 70,566 0.2866 1,819,777
MAHAMEDI ABDI Director 03/18/2014 Sell indirect 293,825 0.2890 14,608,908
BROMAGE BRUCE Officer 03/17/2014 Option Execute direct 369,308 0.0800 369,308
Read more: http://www.nasdaq.com/symbol/lqmt/insider-trades#ixzz314ADWSt2
Come on man, we need you to commit that other 0.9%. Why are you holding out on us?
Yeah, I hear you. The upside on SGLB is just too good to pass on. Where do you find a company of this size, with such tight relationships with Fortune 100 companies (GE, ranked 8th & Honeywell ranked 78th); others like Materialise, which will integrate SGLBs product into theirs and give them great exposure to many other companies; and the opportunities their involvement in America Makes adds? You just don't. Add the fact that 3d printing appears ready to be adopted in a major way across many industries and SGLB is on the cusp of commercialization. I feel very comfortable betting on them, versus putting my money elsewhere.
SGLB is close to my only holding period, and makes up over 80% of my stock portfolio.
I need to stop reading this board. SGLB is now 81% of my portfolio (play around $, outside of my retirement account). The majority of the rest is in Liquidmetal, which is a total crap shoot. And all I want to do is put more $ in SGLB, which will give me the most undiversified position possible. I may soon be all in on SGLB.
It's been fairly well insulated over the last 90 days, as stated in this quote from the following Seeking Alpha article: Why 3D Printing Stock Sigma Labs Will Continue To Outperform:
"SGLB shares up 12% over last 90 days at a time when all other pure play 3D Printing Stocks are down significantly."
If he is money, then please keep us in the loop (said with massive sarcasm).
Thanks for the reply And yeah, definitely a red day overall. But, still trying to understand why large blocks of stock are sold when the price is low.
Someone with more knowledge than me (that's most since I'm just getting into this) please explain this:
At a price range of 0.1455 - 0.1460, from about 10:09 to 10:24 the following quantities were sold:
400K
150K
100K
100K
433K
The last four sells were within a minute of each other. Is that purely MM's trying to keep the price down. I can't imagine that it is profit taking, but what do I know.
I just added 8100.
Why do you think there will be no news tomorrow?
Don't get me wrong, I'm not saying Lomiko doesn't have potential, I am after all invested in it, but based on my research Sigma has way more upside at this point in time. I hope I'm right, since I have about 15 times as many shares of Sigma vs Lomiko.
I have Lomiko also, but IMO, they don't have anywhere near the potential of Sigma.
I will most likely be in the same boat as you, soon. Potentially stupid, or potentially brilliant.
While I know you're kidding about the price ever going up. Here's my Sigma stock statement: "Out of all the high risk sub dollar stocks I own, SGLB is the least that I'm worried about and the one I keep shifting $ into, which is making my pathetic little portfolio even less diversified."
Thanks for your perspective. I really appreciate it.
As I mentioned, I'm new to investing, but am willing to put in the long hours researching companies to determine which ones I feel are worth investing in. I'm using a decent amount of $ (for me, probably not for many others) that was sitting in a savings account doing nothing. I have a separate retirement plan, that should let me retire comfortably. So this $ is being used for high risk - high reward investing. I'm in numerous sub dollar stocks, but as time goes on a larger % ends up in $SGLB, as I can't find another stock that has anywhere near the potential as this one.
That just improved my weekend. Thank you for that.
I've been invested in this stock for only about 3 months and have been consistently adding to my position. I'm new to investing in stocks and realize the risks in penny land, but for a myriad of reasons (strong relationships with major players, little to no competition for what they do {as far as I can tell}, huge advantage of real time quality inspection, integral to an industry that is about to grow exponentially, etc.) this seems like a great opportunity.
I just got done reading through the "Unofficial Sigma Labs Blog" here's a link: http://sigmalabs3dam.blogspot.com/
I strongly recommend those new here to read through it. Gives you great insight into the company and the great relationships they have with many huge players.
The question I have for the much more experienced investors than myself: How rare of a find is a stock like this, especially one that is in an industry that is ready to grow massively? My gut tells me that it is very rare, but as I've mentioned I don't have much experience to base that on. TIA
It's nice to end green, on a red day.
Great summary and insight into a company that appears to be on the path to great things.
Ever since the PR was released an awful lot of people are making real definitive statements, such as: they've been totally exonerated, or the PR is a lie. I have 20K shares and while I hope the PR is true and this doesn't go to s#$t, I still have no idea and I don't think anyone else does, either.
Amen
Yeah, April 25th at market open.
From my understanding 9:30 AM EST, so 6:30 AM PST, when the market always opens, based on your time zone.
Thanks for that link, and for those to lazy to read it, here's some good info:
"When trading resumes
Once the suspension expires, the formerly-suspended stock will reopen on the Grey Market. In most cases, it will trade on the first day, though issues that were illiquid before the action may not. In our initial scenario, I described a hot penny that had attracted a good deal of attention that resulted in heavy buying, the kind that would see interest right away.
Its first day on the Greys will not be heartening for anyone holding. Normally the first trade will be executed shortly after the bell, and will be a lowball. Very low. It may take the stock down as much as 80%. Very likely that the person who ventures that initial trade has entered a market order. Don’t be that guy. Wait to see what happens in the next couple of hours. Usually the price will tick up a little. But you still have a problem: you’re trading blind. There’s no Level II, and no bid or ask. You need to decide what offer you think will be accepted. You’ll be able to see executed trades as they happen, and they will give you an idea of what range you should try for. Trading is likely to be extremely volatile, but by the end of the session price will be sharply down; a loss of between 60% to 80% is common.
When a very active stock is suspended, MMs are trapped along with traders. If they’ve been selling naked to provide liquidity, they may be left with open short positions. They’ll want to cover as soon as trading resumes, and therefore will be buyers. Do not, however, imagine that those short positions will be gigantic; they’ll only provide a brief window in which volume will be high. So time your exit accordingly. Once they’ve taken care of themselves they tend to lose interest.
The stock may rise a little in the week or so following its debut on the Greys, but if as it does so, volume will decline, making fills more difficult. It’s best not to wait too long, and lose your chance at recovering some of your investment. After weeks, or perhaps a few months, price will plateau for awhile, as volume continues to drop. In the end, liquidity will dry up entirely, and the issue will trade only now and then. Price will drift down slowly."
Yeah, I'm long here, also. Hoping Canada treats me better than the U.S. did.
Can anyone explain that peak @ $2.50 (about a 2.5 fold increase) and then back to $1.09. This is quite the roller coaster I've been on the last two days. I have $11K in PHOT, which I may be lucky to get 10 cents on the $. I sell TRTC & NRTI to get out of the US pot market, buy 4K shares of ATTBF. It sky rockets, I'm up $10K which almost covers my potential PHOT losses and then pouff it's gone.
I just bought 4000 shares. Be greedy when others are fearful.