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New resistance level appears to be .018. Nice surprising day today so far.
I don't get it at all. But I love it.
Should see some churn today. Lets hope for a close above .012. Need some market correction after two monster days.
Nice!!! Awesome DD! Thank you.
I'm in a similar boat. Too much to gain. With the stability here there will be plenty of time to sell if something goes sideways.
Settle down Johnny. There hasn't been a single share diluted in over a month. I email the transfer agent daily. Something you should do to get better informed instead of posting your garbage in this group.
Nice work. Thank you for sharing!
We haven't closed yet today, but I believe the next level is .015-.0155. Somewhere on that range.
Last time we saw a run like this they ended up announcing the two lab acquisitions within the following week. Someone knows something....buckle up.
Yea... I had a moment and immediately regretted hitting the submit button. Sorry man. Thanks for explaining though. I don't trade with a margin account....but I called my self an idiot out loud after I hit submit lol.
What do you mean "maintenance" call?
Great post Gangsta. We need what you described and we need a steady climb over the next month to that .02-.025 threshold. Holding shares and churning to new higher lows is the key to strong growth and an increased PPS. As long as SGBY stays on the same path producing higher lows on good volume we will be in great shape come Oct/Nov and all be in even better shape after the elections and release of the Q3 numbers. I would like the company to stop the Acquisitions until Q1 2017 to get things settled with the two labs we have already signed letter of intents on. Growing too fast could be an issue as well. SGBY still needs things to fall into place as nothing is guaranteed until after it has happened. Still holding long and strong over here! GLTA!
Ha very well played sir.
There definitely appears to be a great shortage in the Oregon Market and SGBY is set to capitalize. Just when I start to get a little nervous about continuing to hold I find something like this. I like Festers numbers at .015 per lab valuation. If the market is truly short on services, those numbers could even be closer to .02-.025 per lab come the Q4 2016 and Q1 2017 10Qs. Here's to future growth. GLTA Long and Strong $SGBY!!!
Another good article on the testing shortage in Oregon.
http://www.cannalawblog.com/oregon-marijuana-where-are-all-the-testing-labs/
That's what we need is savy eyes and new investors to see the great potential and growth SGBY has to offer!!!
That's where the real gamble is now. I love this quote!
Thanks. Definitely something worth looking into. I'll try and dig some stuff up this weekend. I think you are right on about the accumulation by the MM and trying to hold the price. I have a feeling this 10Q may lead to some interesting trading and I feel like that's why we saw this jump today. All opinion, but it's strange to see this jump on such little volume.
Yes the A/S is a long term concern but the short term I believe they are okay. Great point as well in the financing structures going forward as well. You mentioned the MM and the .01 price point. Do you feel they were keeping it above .01 to try and get a month above that level for the jump onto the OTC QB? Just after that magical date of Oct 1. we are all looking forward to.
No problem at all. If we all pitch in we can accumulate as much knowledge as possible to inform each other. In turn everyone wins and we all become better investors.
I agree here Ford. I would actually like to see us sit between .01 and .012 for a little bit to get that churn and a good support level. We have had two days now this week with shares being sold over .01 so that's a good start. Next leg up brings us over .012-.013. Here's to future growth. GLTA and lets see what that 10Q has in store for us hopefully next week.
Would LOVE to see a run into a HOD close going into this weekend!!!!!
It won't be your last post. We have heard it over and over again. I think most of us just laugh every time we see your posts at this point.
Just checked with Pacific Transfer Co and there has been no change in Share Structure.
Excellent post. Thanks for these!
Awesome DD! Nice work and thanks for sharing this!!!
This is a great point and definitely something to watch out for. Thank you
Agreed. I just double checked the website and looked at the Q1 filing date was 6/3. So if they are on the same schedule as last time is should be filed this week or next week. You would think that they would want it out before the holiday weekend.
I agree. I'm long on SGBY but it does not sit well knowing that there is such a long delay.
I think many of us were expecting it today or tomorrow. Honestly though we aren't expecting much in regards to revenues due to the timing of the acquisitions. The revenues of 2 of 3 (owned in Q2) labs won't be reflected until the Q3. The biggest thing for most of us is the notes and what some of the dilution went towards. Q3 and Q4 are going to be the biggest indicators regarding the future of SGBY's revenue. More so Q4 post Oct 1 mandated testing in Oregon.
Excellent. Welcome and good luck!
There is some great info on this board. Check out the stickies and read thru many of the other board members posts. A great group of investors not traders here. The majority of us are long on SGBY and many of us have been around for a while.
Evio is the name of the Lab portion of Signal Bay.
Great post laying this out. I feel the last leg to load is coming within the next 30 days at sub .015 - .02 levels. This will gain more traction as we approach Oct 1. My goal is to load another million before that date. GLTA!
Could be an interesting ending to the day if we see volume continue at the current pace. Selling appears to be done.
Agreed. As much as people don't want to hear it, we need days with losses mixed in just as much as the gains. The churn is important to a healthy PPS and only gives us longs the opportunity to accumulate for better returns down the road. I haven't sold anything yet. Been accumulating in the Dips we see like today. Holding as low as trips and .001s still.
Excellent floor being established here. Charts look good!
Could be a big day!!!!
Good Morning SGBY! Let's see some churn today establishing that new base!
DIG* got slaughtered today too. Down almost 20%. I say we faired extremely well looking at some other MJ stocks tonight.