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Not meaningless, however, with $5 Milian annually, your PPS remains at 2.15 a share and dropping. The fact is that after all this time, w reverse split, minimal paying contracts with big players, it is unlikely this is going anywhere soon, unless it goes down.
I will buy back into SGLB when the share price is 5.00 or .05.
When this dips to.09 again, it will be the buy of a lifetime.
Because most everyone took a bath on it.
That's interesting. How long will you wait?
I added yesterday.
I saw it as an opportunity and added.
Since that hasn't happened yet, I'm thinking there are other issues. Maybe it's the program, maybe it's just general acceptance, maybe it's competition we aren't aware of.
Getting back in at. 05.
Reentry at.20
Buying back in when we return to .05!
I walked away with a nice profit from that Reality Show company a few months back. I dropped that profit into KAYS.
I had been planning to but back into that company and watching for a decent entrance price coming off their earnings report drop ( I don't think they've bottomed yet).
Now I read that DP wants to be a TV star.
Geez.
Unless they drop down into the .20s again, I'm not going back in. He has really shown his true colors with this one, as far as I'm concerned. His goals are for his good fortune, not for the Company.
DP. You're fired!
Marijuana sector will be the shining star today. Buy early, and often.
Time to load up. Looks like this sector will be the shining star today, as most every other sectors are going to drop.
Good luck to all longs tomorrow. I hope this vote passes in both Cali and Nevada.
Great information. Thanks for sharing.
@0.045, if you can't get in, you don't belong!
Is this a new all time low for Sigma Stock?
Great post. Thanks for that information.
Right up there, at the top where it says, "News."
You can read about it.
This is a Marijuana business investment thread. Please take your political conversation elsewhere, unless it's about marijuana.
Actually, it was performing poorly for several months prior to the R/S.
The R/S was a bad idea, but at the time MC was dreaming about being on the Nasdaq.
I closed my position in SGLB two weeks ago after being in for nearly 3 years. I took a fairly big loss, but I don't see anything on the immediate horizon here.
I think MC is a Smart guy, but he is a bad businessman. I hope SGLB recovers and becomes a major part of this new industry, but for now, I'm out.
Two plus years and I'm out.
GLTA here.
Maybe I'll be back in 6-12 months.
GLTA
Increased revenue and lowering costs. Every marijuana stock, well, almost every one is risky, yet people are making money.
I've held this stock for two years and have watched the company make decisions that negatively effect shareholders.
They aren't alone, I've had others, but I usually set a time factor for tolerance and then part ways.
I used to think that SGLB had a winning product that manufacturers would eventually adopt and be HAPPY about.
What I believe now is we have a "Plug Power'" dilemma.
Plug Power builds, sells, and leases hydrogen fuel cells. Their biggest customer to date is Wal-Mart.
Wal-Mart utilizes the Plug Power wares in its logistical needs at its distribution centers in forktrucks. It saves them $millions in associated fuel costs.
However, in order to score the big account with Wal-Mart, Plug had to jump through hoops which ends up costing them more than the leases are worth just to be able to tout the association with Wal-Mart.
It's a bad deal for Plug which is currently being renegotiated but Wal-Mart has every opportunity to play hardball, so a Win-win agreement will definitely still favor Wal-Mart.
I believe SGLB may be in the same predicament with their "LOCKSTEP" Partners.
Unfortunately, this becomes a waiting game with no guarantee those Partners will eventually do the RIGHT THING.
I really believed in SGLB and won't dump my shares this year, but have already decided on an exit early next year unless we "FINALLY" get the news that patient investors here deserve.
GLTA
I'm currently unemployed and would happily accept a job as SGLB press secretary.
Defunct.
Doubtful they will discuss marijuana in the first debate.
They have a great deal invested in the Forklift/power equipment market.
This equipment is powered by either electricity or propane.
So, technically they are in competition for those gas powered units.
My guess, they are not related.
I've been holding SGLB for close to three years, as time goes by I see less and less progress and less and less information coming from leadership.
I believed in this Company, but it seems the Company doesn't believe in its investors...anymore. A buyout from GE might help me recover some of my losses here.
GE purchase today. Can we be next? Please?
After GE’s initial investment in Meridium, this acquisition is a natural step in the relationship. As a key area GE Digital plans to expand rapidly on Predix, Meridium’s APM products are already integrated into the Predix platform. The transaction is complete.
Just a note about Honeywell, they are ( or have already) finishing the spinoff of the Resins and Chemicals business. A new company called AdvanSix is emerging.
This frees up investment in other areas. Honeywell is changing in a big way.
You're kidding, right?
Thank you. I hope we have great things to discuss in the future.
GLTA
The other public company owns other business interests besides the marijuana dispensaries and growing capacity ( whether they are profitable or not)
It seems that even though that company has directors that are taking advantage of their shareholders, if played correctly, there is potential to make money there.
I recently closed out my long position there, and moved into KAYS.
You can ask all the questions you want, they obviously have no answers. I guess they are in a perpetual quiet period. If we continue the trend here, we will be back to .05 in a month or two. Big disappointment here.
True, there were many doubters, but those doors are open
This may sound odd, but Superlettuce, or the lack thereof, was a big key to my decision.
Yep, but I waited too long and dropped my .24s at. .43.
I think we might have a replay of the last big fallback when we went to .08, but I doubt it will go that low.
.25 is where I'd start buying back in, but for now, I'm out. First time in almost three years that I don't have at least 20,000 shares. There will be more opportunities to make cash here, but its riskier than ever now. Just my OPINION.
GLTA.