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From what I see SIGO is doing everything right. So I can agree with your revenue estimates and though I feel the 3B company is way over priced this one is way! way! under priced due to mainly past manipulation and misinformation by some to scoop cheap shares. This is done all the time. Money just doesn't talk it screams and when we get to that part not far away then those selling now will be saying things like "well I just threw away a brand new car I could of had".
Once set up for continuous harvesting and an average amount per bay is known then up it goes to adjust for that revenue. Seeing they set the date for the tour for March 08th I assume they plan to have it all set up by then before the tour. And this is not far away. The bonus of additional revenue from other products utilizing the rest of the plant will take a little longer to know but should add a lot extra to the revenue.
Is it just the one tour set up for March 08th ?
Grabbed more because some with their stock screens will see this one up when most are down and do some DD to find out why. Lots of powder left if it does drop though. GLTA
Somebody could get squeezed and have to sell to cover margins. Hoping for that.
I am seeing the day high at 1.94 This is dirt cheap and why it is holding so well. If it does drop though I grab more.
Just a few day traders trying to lock in a couple hundred bucks here. Once done and market correction is over it moves back to the mid range of the move just below 2.50 area ready to go up or down from there depending on news. A decent crop and we hit another high again. JMHO
All cheap shares under 2 gone soon.
SIGO is using lights as well as natural sunlight. These LED lights cover poor spots as well as supplement light. These lights are also useful on timers to help them get bulky enough before flowering is triggered. The extra bulk is well worth the lighting costs in this case and do not have to be used steady as in an indoor operation. Comes down to bang for your buck and they seem to have done their homework on this.
Once a couple of full bays are cut, dried and sold then it will be easy to do a back of the napkin calculation as to what earnings might be. Add in clones sold and other product revenue minus expenses and we will arrive at what the market cap should be. In my view they are doing everything right to maximize this and I would not be overly surprised at a market cap 5 to 10 times higher then what it is now. If they are able to expand a great amount then simply WOW !!
I am loaded but had to buy more today. I don't care about past earnings only the future. And it looks better than just good.
Good reads emit and thanks for the post. I will be holding and looking past this period of confusion. Risk reward looks pretty good here.
Emit this is exactly what I am talking about. I feel they do want to run things properly but I bet greedy Wade is deep in the picture with his MM cronies grabbing all he can. Aware of this one can protect themselves but it keeps a lot of serious investors away and degrades the company overall.
If the rules are followed it prevents them from being able to be borrowed for shorting.
Will it get to 5 and beyond? I think YES but I feel and suspect Wade controls the news so he can manipulate on the way up. So by the time it gets to 5 he will have made over 20 a share or more. To me it is the only explanation for the way this is trading and delays of news like not planting waiting for license. If I am right then to play the game don't panic and sell on the drops but just buy instead or hold and that will ruin the game for them and not us. And don't forget to lock your shares in for sale at a high price.
I started back in 71 and seen a lot over the years. This one reminds me of one I bought long ago that went crazy with wild swings mostly down for almost a week. Many got scared and sold. Told my mother who also bought that I felt something big was about to happen and I was holding on. Two days later the announcement came out that they were being bought out at almost a 100% premium. The market is not fair and someone must have leaked the deal and an outfit grabbed what they could by scare tactics. Much the same as the MM's are doing here.
BillTheTrader number one rule is always keep dry powder. It will turn and go much higher when the MM's finish scaring the weak and the flippers stop. This kind of swing is not normal for most stocks but this one has a low float and not enough longs have locked in their shares so they cannot be borrowed to short. The MM's can see every bid and ask even the all or none orders. Hang in there don't give them your shares and put them up for sale at 10+ for now. GLTA
Found out about this company 11 months ago from an MM trying to sell shares at 3.50 They said they sold a few at 10 but had to lower the price to move them. I watched and when I saw SIGO got up and running I bought on the way up. The MM is still here causing these big swings. I am sure of this and you see it here everyday. Thanks MM but wish you would get lost now.
Look at the big picture. Their actions clearly indicate they are building this company up to sell as stated. Does anyone think that a fine tuned operation that they are building here would sell for only 10 or 20 million?
I own 30K shares and just holding not trying to flip and see 10+ in this. As others like myself build their positions it will get stronger so totally agree with you Ash
Think your right and something is going to set this off in a big way some day but for now a good update would do wonders.
Small public float so easy for MM's to push up and down a larger percentage. This has made many sell and causing a lot of flipping as well. But slowly I see here that many of us seeing 10 a share are taking up more of the float and the wall blocks that the MM's are using are getting smaller. I think we would have had a steady climb to 5 already if they were not here. But they have been here from the very start.
Up when the MM's finish covering and loading. If everyone locked up their shares (up for sale GTC) we could reduce the big swings MM's create and make this a lot more stable and have a more steady climb.
Well if he shorts it at 2.50 and it runs to 5 before he covers then he looses 2.50 a share when forced to replace them in your account.
Have mine up at 20. GTC
Don't forget to put your shares up for sale at a high price so they cannot be borrowed by the MM for shorting.
We will get back to 3 and way beyond. Just some patience required here.
Spoke too soon I guess. There's the wall at 1.75
No wall up at this price or we would grab it on them.
I wonder what this will be a few months down the road? Over 5 somewhere I am sure.
Yes just got to wait this out. good news would help!
It is easy to see that MM's are playing their games here. 1 share trades, or large blocks put up then pulled if close to being taken. Thousands of a penny on the bids and asks. Seems they are grabbing what they can for a run up when news with good numbers comes out. Trading tighter now so could happen anytime and will be a decent run when it does.
I wonder if that ask block is there to hold the price down while they scoop the cheaper shares? Does seem like it to me. So how much would they get for each pre rolled?
Can they post a news release at any time of the day or does it has to be before the open or after the close ??
Yes we have the trend and it has settled where new investors would feel comfortable getting in to continue it. Now we just need news that they are following the plan they set out.
Agree Chartmaster now we just need a good news release and we leave this level for good.
Now that it has finally settled somewhat a couple good news releases will put us over the dollar level you talk about. Take a little time but we will get there soon enough. No other company in this business has plans to grow this quickly and as the word gets out more on this it will make decent moves up. 2018 will be a great year for this stock so time to buy is now.
I agree Unclefester and think if they want to flip this in the future then now is the time to plow ahead to be ready to supply the market which helps keep others out. It sounds like they have a great quality product and growing system. It could get to 10 bucks if they do everything right and hit that buy out price with enough expansion. They must remember to keep shareholders interests front and center to get there or they will shoot themselves in the foot. It does seem like they realize this.
I agree with what you say Unclefester but some here think their shares do not matter at all or count in anyway. If the company is sold then they most definitely matter. It does explain why the stock price is where it is now for total market cap value. But I am bullish here because with the rate they are moving on the expansion and increase in sales it will be much higher not far down the road. One has to ignore the MM's and even play along with them and not get scared and sell to them. Grab the shares they are trying to get from the weak and wait this out. When you look at the end game this is not the time to panic and sell but the time to buy.
July 25th the CFO Valerie clearly states that there are over 50 million shares outstanding. And the CEO states in another release that there are just over 4 million shares outstanding. She is correct and he is not!!! the filings support this. Yes theirs are locked up and only to sell with the float when the company gets bought out. That is their present plan as they state. I do not understand why there is so much confusion over this?? but I wish these two would learn to get their act together and state the same as in the filings as she did.
Anyway expansion and increased sales will drive up the price as money does not only talk. It screams!!!