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Each MM has their own position to worry about, that would be either sell short, cover, and ultimately execute trades etc. In most cases MM's have no clue about the company and don't care. That is why time to time they can get caught themselves if the stock starts to skyrocket, but out of all the stocks out there odds of that are slim.
If the stock goes way up, they will sell shares, if it continues to go up, they will sell shares again to cost average, they will do this over and over and 9/10 times they will succeed.
If they went short at 0.12 with 1M shares, and price goes to .13, they will go short again at .13 with 2M shares. Goes to .14, they will go short again at .14 with 4M shares. Now their average is .134.
They do this because they know as with every stock it has to correct at some point. Once buying starts to slow down, they will start playing with bid/asks and try to induce selling at which point they will start to cover with their breakeven only at .134.
If the stock prices continues to go up, then the MM has to make a decision, either they keep firing or they have to cover at higher prices and cut their losses. They will do this if it gets ugly for them, but 9/10 times they will succeed at what they are doing.
So yes manipulation happens, yes they try to control the situation, but they are like a day trader. They are not investors, 99:1 odds that they have no clue about Sigma Labs but work with the parameters that the market gives them.
It was meant to be a short term view.
But that wasn't my point, but simply to ease any panic if the price drops because it should be expected. Half of this board goes into cardiac arrest when they see price drop.
If you are going to make a comment as the one you just did to my post, you should at least be consistent and respond every poster that comments any daily price movements.
You would be responding to about...I don't know, 10-15 posts a day.
If you look at all the indicators on a 1 hour and 4 hour time frame, they are in reverse mode or starting to reverse respectively.
If these indicators (MACD, RSI, Stoch, etc) bottom out over the next few trading sessions and we remain in the .12-.13 range, we should be ready for another move up. If they bottom out and we are trading in low 0.11, then the recent moves are pointless.
In other words, corrections happen, but when indicators start to turn in the unfavorable direction, you want the damage to be minimal. So by the time they are ready to reverse up again, you hopefully push for new highs.
Sometimes you even see a stock trade sideways while indicators are crashing/going down, this is the optimal scenario.
As of now, we have still ways to go. 1 hour time frame shows that they are 3/4ths of the way down, while the 4 hour time frame shows we are just now starting reverse. Hold on tight.
Lol
Its me...I'm reducing my position to 500 shares.
I'm on everybody's page. The shorts, the longs, ones on the fence. My goal is to appeal to all audiences. ;)
I was just responding as I read em..my bad.
They did not exercise the warrant. Unless they are the stupidest investment group on earth.
I think all the pieces are there, I'd say 80-85% of all our assumptions are confirmed. Now we wait, only thing that matters is revenue. Only thing that will move pps on a meaningful way.
Why the hard part. If you liked what you heard buy more, don't second guess. Its OK to have all your eggs in one basket, just make sure its a really damn good basket.
Vivek sounds like a CEO, Cola does not. Vivek is more confident and well spoken. No big deal, just saying.
Well that's what some of us expected, that's why I said those that are expecting ground breaking news will never be announced on a webcast that has sirens, echoes and partial abandonment by our CEO.
I learned absolutely nothing new from this update. It wasn't an update, rather a repeat of something we knew.
Someone ask some serious questions please.
Whew...glad you got the humor. Was afraid of being stoned to death for that comment.
Police sirens to start, now echoes, now Cola abandoned us.
Anyone know where the sell button is located on ThinkorSwim?
You win. Your nukes are bigger than mine.
*Raises White Flag*
If we are waiting till end of 2015 for them to start making money, then you better start becoming good friends with RFB or start saving some cash to do some serious cost averaging.
Sigma will be on life support if that is your outlook.
I expect no announcements just progress update. I want to connect some lines to the dots. Those that are hoping for contract announcements are delusional at best.
Agreed.
Thank you, that's my whole point.
16 minutes until call, we wait and see.
Develop? I though they did develop INSPECT. Tell me guys, once someone develops a product; what is a reasonable timeline until that product generates revenue or gets some type of contract?
Is my 4 months really that unreasonable? Wouldn't you wonder why after 4 months of having a completed and released product that there are no sales? Hmm...not sure about you, but yes that's a red flag to me. First of anything, I would expect revenues or a contract to be signed with the company that beta tested it. If they don't sign it, they are basically saying INSPECT has no value to them.
But help me understand...what is a reasonable amount of time one should wait to generate revenue from a product that has been released. I mean I don't expect an Apple situation where the iPhone 6 is already taking pre-orders prior to it's release, but I would expect something in 4 months. Clearly you disagree.
And I accepted their half met delivery. But if you can't generate revenue from INSPECT in next 4 months or so...then to me at least would raise some serious red flags as to the quality or industry need of their product.
That's just me, others have a higher tolerance, I'm just less forgiving. Especially when it comes to a pink slip.
I'm sorry if Cola said they will generate revenue I expect him to do it. I believe a man who has the guts to pay himself a 175k bonus. I figure he did it cause he can back it up.
Don't worry what my timelines are. I expect a return...not empty promises. If they are still progressing 2 years from now will that be acceptable to you? Your view of progression can be never ending.
I take that back ...any form if revenue...don't really care as much where it comes from.
It has to be this year. If they get nothing from INSPECT over next 4 months, my shared will be significantly reduced.
They said this year, I'm holding them to this year.
Congrats! We broke out of the wedge a couple of days ago and now are trading above the upper wedge line. 200DMA is about 0.135, which should be the first immediate and a key resistance point.
Signs = sigma in last post
Not sure who that is directed to, but best time frames for any indicator should be based on your trading strategy. I look at 3 year 1 year 6 month 2 month 1 month 1 day 4 hour 1 hr, 30 min 15 min 5 min and 1 min time frames.
My apple straddle is usually in 30 min or less time frames because I can be out of that trade in next second or next couple of days.
Signs I look at daily and 4 hour time frames. To give me a bigger picture of where its going since its a longer term investment.
Hope that helps
Thats exactly right. Its a wound up catapult.
Talked about this few times. With such a poor marketplace (low volume compared to S/O) it's easily manipulated which causes major volatility. Nothing that will change until we get some decisive news,...might get worse.
If I was GE, I wouldn't announce any contracts and would try to negotiate a buyout of Sigma Labs if I was truly interested in their technology.
Yes you guys say why would Cola and Vivek work for GE when they had big positions with the government etc. I don't know...maybe millions of dollars in a potential buyout can change their minds. High end positions inside GE with unlimited resources?
Also, the more GE holds out, the more pressure Sigma will face, especially if we are end of Q1 2015 and no revenue has come in yet. They are capitalized, but will be half as much by then. There are ways to create major pressure on the little guy, where Cola himself will come to the conclusion that a buyout is the best option at this point.
GE isn't stupid, "IF" they really want their technology, they aren't going feed the cute fuzz ball and watch it grow into a monster.
Not saying this will happen, but the concept isn't out of reach.
i'll get back to you on that, just have to find my crystal ball and wizard hat.
I would find it hilarious if Cola actually announced contract revenue in a shareholder meeting. If he does that, he has no clue what shareholder meeting is for.
Saying that, I think Cola does have a clue, and would bet my left you know what...that you will not see contract revenue announced tomorrow.
I've listened to hundreds of shareholder meetings, not sure I ever recall contracts being announced.
You can just put your wild dreams to rest.
He's referring to himself, but said it to make himself feel better with the assumption that the world sees things the way he does.
Agreed 100%. Shocking this isn't trading in the 0.20 cent range after they announced something that was already baked into the price. Oh well, we will get em next time.
Isn't that news like a year old? Correction...not news but poor speculation.
That was good. I'm adapting that phrase, and plan to use it in meetings. I don't think HR can get me for it.
The industry is here to stay IMO, but be careful of various technologies that might develop in a young industry making yours/ours obsolete.
In Sigma's example, it is important for them to move fast and capture the market, and continue to evolve with the fast changing industry.
They have a patent(s), which is key, however lets say a new 3D printer came to the market that is faster, uses better material, more user friendly and the process is different than what Sigma patented. Then Sigma's technology becomes worthless.
Not saying this will happen, just saying Sigma isn't bullet proof.
This is why they have to move fast, and use their profits wisely to continue to evolve as the 3D printing industry evolves.
I'm sure there are better examples, but only one I can think of now is Polaroid. Maybe they had a patent on their technology, but with the communications era emerging, with the high-speed internet, mobile phones etc., their technology is worthless. They failed to evolve. Probably not the best example, but I think you get what I'm trying to say.
Sigma Labs just needs to be very aware of the moving/changing pieces in the 3D industry and stay on top of it. Even if they initially succeed over the next couple of years, they can't sit back and relax.
Short Report...
http://otcshortreport.com/index.php?index=SGLB#.VA-Ceu_Qckp
45.7% of volume was shorted or 2.25M out of 5.59M
And he won't and shouldn't, there is no advantage for him or GE to mention Sigma Labs. We all know IPQA is pretty much Sigma Labs though.
I wouldn't mind consolidation in this range, whether that takes a trading session or two. This stock is traded thin, faster it rises, faster it can fall. Consolidation would remove weak hands, and add new hands at the .13 range who likely won't sell.