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Agree with your points.
To me commercialization was baked into the price. I even said don't expect big PPS movements from release of INSPECT and DEFORM in the future. We all expect those to release, not releasing on the other hand would cause big PPS drop.
I'll even take it a step further. Some of us expect revenue to start coming in, and to some extent even revenue is baked into the current price, but that depends on the size. If Sigma comes out and says they get a $100K order for Inspect to equip 50 of GE's printers, I'll hit my sell button the moment that news hits. The other extreme is that they announce a $50 million dollar contract to equip 50 of their printers. We should expect a substantial increase in PPS. Both are extremes, and both are "UNEXPECTED". That is what drives PPS, the unexpected news. Anything we talk about or generally expect, might have temporary PPS impact, but nothing that will stick.
No its not my offer. I told you where I stand...waiting for some sort of meaningful revenue over next 4 months. If nothing is shown, I'm reducing my share count down to 50-75k range. Essentially dumping most of it.
What do you mean, I see 100s of thousands available. There is over 300k available right now at 0.13, and since you believe this is significantly undervalued, why not reach up and buy em?
That means the 100 million dollar contracts people are expecting will be significantly reduced. Either you have your own sales and support team or you contract with someone else.
My point is, we know their past and what they are trying to accomplish. But all their tech, connections, knowledge are 100% useless if they can't show revenue. It means nothing to me or other shareholders.
Yup a lot of talk, but little to show for it so far.
I'm not buying more until there is confirmation of an actual business not some make belief science lab. Show me the money, I'll show you mine.
Absolutely. Lack of accountability without independent board members. This is something they have to change before they uplist...it is not a requirement, but many investors will shy away from Sigma if they don't.
Wasn't fully a waste...MC got $175k. ;)
Wouldn't be shocked if this breaks below 0.10 next 2 weeks. Almost expect it too. Hype is gone, no new news expected and we are already back to 0.11s.
I guess we should just rest this subject as fun as it sounds to talk about :).
Big contracts and all will be forgiven MC
I get what you're saying....but its a warrant not an obligation. Only way that warrant is exercised is if we are above 0.15 and probably well above it.
So if we are in the 0.15-0.20 range, odds are we have revenue. If we have revenue and expect it to continue to grow, why do you want them to exercise the warrant? No company truly wants warrants to be exercises.
Warrant is given like a bonus to entice the investor to give you money. That's why there is an expiration...expiration is there to protect the company. If its contingency....then why even do a warrant? There are other things you can do instead of a warrant to secure future capital.
Seriously? He said he has 3-4 cars just as a hobby. He is not eating ramen..his salary us just fine for living in NM. He abused the situation..its that simple.
You presented it better than I did. That's exactly it...if we are close to getting revenue and have cash to last through 2015, why the extension?. Either we are no where near getting revenue, or MC is naive, scared and a very poor CEO. You can even tell he isn't CEO material on the 9/11 meeting. Doesn't sound like it, act like it, or have the expertise.
And as you said...he seems to be running Sigma like his own private joint. His actions from authorizing his own bonus prior to increasing shareholder value to missing deadlines to extending warrants etc., are questionable.
But we all swept it under the rug and dismissed it. I have too, but start showing revenue or no more Sigma.
I'm not too concerned over it...revenues are my focus, was just commenting on the subject.
At this point we all agree no announcement except significant revenues will move PPS in a significant way. All possible news besides revenue are baked in and everything else is just noise. We wait and see.
And just to reiterate...those are only my opinions based on what I know so far. We are all kind of speculating... If I knew more detail I would revisit my view.
Perhaps there is something I'm missing, but I worked for and consulted on financial aspects for many publicly traded companies. Never seen warrants get extended.
The fact Cola did it...in my opinion only...shows fear and weakness. If he believes like some here that $10s and $100s of millions of dollars worth of contracts will be signed over next 1-2 years, then extending warrant was foolish.
Your right...and since contracts were delayed I want my refund too on the first shares I bought when the stock was at 0.20...want a 0.08 cent refund for all 30,000 shares I bought then.
We both know it doesn't work like that. You don't extend a warrant just to extend it.
If we are at 0.25 cents 4 months from now, Cola should find a better way to raise capital and not dilute shareholders by giving warrants at 0.15.
I brought up that same argument weeks ago. Extending warrant makes no sense and shows weakness in Sigma. No matter the situation, the investor takes a risk as we all do. We don't go back and say 'redo plz'.
But my post or any concern i had was flamed or deleted.
I don't disagree with that either...high growth is expected for the risk we are taking, or I'd just invest in Exxon...i just didnt agree with the " $10 sometime soon" part...buy that's water under the bridge.
Your comments align with my way of thinking. I'm proud of you. :)
Please elaborate...did what?
When im done buying shares, still got ways to go.
Seriously. Agreed.
OK even at that your looking at $1-$2 a share. Not sure where "$10 a share sometime soon" was coming from. This is not going to be a $6+ billion company anytime soon.
I agree on the potential and of course it will experience fast growth if contracts are announced (depends on size), its a penny stock, growth is expected. But let's stay focused in realistic expectations.
Guys...please read what Herring wrote, and i wrote on this before too. This board seems to like to compare price per share vs other companies. STOP doing that. Its like saying 1+1=11 when in fact its 2.
Market cap is how you determine the current value of a company. (Share price x shares outstanding)
As Herring said...if Sigma was as big as Organovo it would be worth $0.95 cents per share not $10.
A $0.95 cent Sigma is same as a $10 Organovo.
A $10 Sigma x 600m shares = $6 billion dollar market cap. 3D systems = $5.5 billion.
We won't see $10 ANYTIME soon...at least not next 2 years. I'll guarantee that.
Yeah let me know...I'm usually meeting up with someone down that area drinking and watching USC get hammered sadly.
Anaheim Hills, very close to Irvine. I travel to your area probably 2x a week though. Wife wants to move to Calabasas after watching Ray Donovan with me, I told her she needs to find another husband, unless Silversmith is right and Sigma goes to $4 a share.
Yeah Sigma has bigger growth potential obviously, but Organovo's story is far sexier.
Printing human organs vs. quality assurance. Yeah no brainer for me. Plus they are kinda local, San Diego is only 90 min away.
I wouldn't mind seeing 0.10-0.105, or lower.
yeah just noticed, popped back in. Hopefully they stay.
Who disappeared just as fast as he appeared.
Not sure we can answer that for you. I would call your broker...or fire them and get a better one.
You also said we will be at 0.15 last week. If you keep predicting things each day, I'm sure you will be correct eventually.
Fair points. $4.00 per share as you indicated over next 2 years means a $2.4B valuation. Nothing is impossible, but I refuse to believe my $55k will be worth just over $2m in 2 years. I like being right, but ill gladly accept being wrong in this case.
That's funny. I was lying by my pool ...drinking a bottle of Newcastle, reading the same post you did. I looked over at my baby pomegranate tree and realized it didn't survive. I'm selling my shares Monday, already put my sell order in.
Yes, but I hope you don't use share price as your measuring stick but rather market cap. Something trading $3 a share could be more valuable than something trading at $200 a share. Apple computer is 30x more valuable at $101 a share than Chipotle at $664 a share
In case you were using PPS as a measure, let me explain. You must have been using exOne (XONE) as your 3D company. They have about $93M in cash, with plant and equipment their total assets come to $150M while their overall market cap is $400M. If you were to strip away the $150M in assets, you would get an intangible value of $250M while generating $40M in annual sales. They are trading 6.25x sales, for their intangible portion.
Sigma example is that they are valued at $73M, $4M in cash, so their intangible value is $69M with $0 sales. If we were to use the same metric, and Sigma had $40M in annual sales at 6.25x sales, their valuation would be $430M or 0.72 cents a share.
Both have a valuation of nearly $400M, yet one is trading at 0.72 cents (with 600M shares O/S) and other at $28.29 (with 14.4M shares O/S)
Value nearly identical, share price miles away. In other words, if we reach 0.72 cents a share, we would be worth as much as XONE. 0.72 cents per share almost = $28.29 per share.
Hope that makes sense.
Dealing a few times with GoldmanSachs in assisting start ups getting listed on a major exchange I can say the big boys never finalize what the new share count will be or the price until a couple months before the IPO, even then there could be last minute changes.
To say that MS will up list Sigma almost a year from now is insane. And at a 7:1 R/S? So we will be up listed to NASDAQ at a PPS of 0.75-0.80? Not sure how the exchange feels about that.
Sigma shouldn't even think about up listing until it has at least 2-3 quarters if solid annual revenue growth. Minimum.
Yes. Others and I mentioned this several times. There isn't much left to learn about Sigma that we haven't already learned. What we know is built in the stock price. If you knew 1/10 of what you know about Sigma would you buy it at this price? Probably not, and if you did you probably would minimize your investment.
Only thing that will have a significant impact on share price is revenue, and even that will depend on the size. Imagine if GE announced a contract with Sigma to equip all of their 300 printers with INSPECT that will generate $2k annually per machine. That's $600k in annual revenue yet you already captured the entire business of the largest 3d manufacturer.
If I learned that news, I would instantly hit the sell button as would others and the stock would likely collapse. This is because I don't think any of us are expecting such low revenues per machine.
At the same time if GE said they will equip 300 of their machines for $30k each annually, which would generate $9m per year, then price will rise substantially.
As I mentioned in an earlier post, Sigma is trading at a $75m (which is a lot) based only on a story, as good as it might be.
This is just my opinion.
I disagree. Sigma Labs is valued at $75m or so. That is $75m purely on a concept an idea rather than something with a consistent revenue stream. The $75m valuation comes from exactly what you said 'what we know' about the company. If you didn't know what you knew it would be trading far less than what it's trading now.
Now if your idea that it should be valued more is $0.16 cents than $0.13 cents then I won't split hairs with you. If you think this company should be trading at $0.50-1.00 or beyond, you are insane. No way on hell will anyone give a $600m ($1 pps) valuation to a company with no sales, and 3 employees.
It's valued at whatever the market says it's valued, if you disagree I got some shares I'll sell to you right now for $0.50 cents.
All good. :)