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Because there is no product. Nor will anything be on any shelves.
WHAT PRODUCT? Haha
What revenue? All I see are expenditures.
Absolutely, they are also showing significant growth in gross profit. Can't wait to see them turn a profit, then they'll really start a buzz. Hard to imagine how long a legitimate company company posting profits will stay in pennyland and worth under 30M.
Don't remember saying it was bad, certainly not great though. Just pointing it out.
Increase of liabilities 100k to 400k
If GE bought a stake in the company they would do EXACTLY WHAT HAPPENED! The CEO would sell them shares! I don't know what the fuss about the private placement that took a year to complete is.
.08 this week
Don't be discouraged. Use it as a learning experience. There was lots of money to be made with their pumps.
For new investors, you should always be SCARED. You should never let APS emails let you feel safe or comfortable. As soon as you make any money, you should be scared and prepared to sell as soon as things begin to look bad.
There are better strategies but I find it works best for new investors because they let themselves become too brainwashed into thinking the PPS can reach some mythical price target. Always assume it WON'T. Use technical analysis and make your own targets. A 10% gain is PHENOMENAL. A 30% loss is devastating.
No they will continue doing promotions. I say that with confidence. Look for another pick around September.
The reason I am so confident is because they did the same thing with GWBU. They said, and I quote from the old emails in my inbox:
"Not only are we putting our money where our mouth is, but if GWBU does not perform for our members we will retire as the #1 free pennystock newsletter in the world, and you will never hear from us again! That's how confident we are in GWBU" (APS May 31, 2012)
"We told you we would SHUT DOWN our newsletters and RETIRE if GWBU doesn't hit $2 and we still fully stand by that! That's how confident we are in the company." (APS June 1, 2012)
GWBU never made it to $2 mind you. They still continued to do Pumps to this day.
Always be cautious when trading these pumps. I'm anticipating a nice bounce soon as the shorts cover and more people try to play a final good bounce before this thing plummets into oblivion.
A year from now this thing will be sub penny, and trading under a different name. That's the system with these.
APS took down the XUII banner on the website. Get out while you still can! Heads up for a bounce!
Not on this one. Only before the big drop do I try and play it. This thing is done!! You best believe that!
My strategy for playing these sorts of stocks is to wait for a dip and load up. I use extremely tight stop losses though (3-5%) because you do NOT want to hold onto it while its moving in the wrong direction. These things are volatile, and when they move, they move FAST.
The stock could bounce in the upcoming days. But a month from now it should be trading near .05. However, even if it doesn't reach $1 APS is still going to do promos. They promised GWBU would go to $2 or they would retire. (It didn't go to $2 by the way) APS is still here...
Don't believe something because APS said so. That's a rule.
You guys are looking at a 1-2 day 30% bounce At best before the downtrend continues. I wouldn't risk holding for much longer. Good luck friends.
If you don't learn to settle for 10% you'll lose money really fast with these Chinese scams
Do I smell a short squeeze?
If we break that pivot point i think we could be testing 17+ by the end of August.
Up 50% on 6M volume? Can't wait to see what happens when the buyers come back and the shorts start covering...
:)
Alright, so any ballpark estimates on PPS 1 month from now?
Lets squeeze the shorts out.
I can't imagine any company would be very prosperous if all they did was look out for shareholders at the expense of the company's growth/prosperity.
What about a .05?
I also got in at .097, and I'm bleeding a little. But I agree with the other guy. Realistically we are looking at a dollar in a year or so.
Thanks.
I'm reading through the 8k and it states this:
On July 18, 2013, Sigma Labs, Inc. (the “Company”), completed a private placement of 120,000,000 shares of the Company’s common stock, $0.001 par value per share, for an aggregate offering price of $1,200,000. The shares were sold solely to accredited investors.
It says 120M at .001, how does that equate to $1.2M? Did I miss something? Did I read something wrong?
Sorry, just confused. Hopefully some of you can explain it.
What exactly do you think is going to happen? Do you think the stock will keep plummeting toward .001?
Nice rebound from the early morning dip
Looking for a bounce off the 50MA tomorrow
Well put
I hope
Aaaaaand down she goes.
I really like this company. I sleep soundly thinking of the profits I will see when they have another press release, and when they begin commercializing their product. Not worried about the intra-day stuff. Looking at the big picture, this company has a good future.
Weird, I never reviewed this email
Just double checking your research...
In the APS email disclaimer it says 20,000 euro for 4 months. Are you sure about this?
Yes. They probably loaded up earlier today.
Props to you.
I too don't know what these people have to gain from bashing this stock? It's one thing to provide an opinion on why they think it is going down, but what is the reason for the repeated bashing?
I feel SGLB is going to rebound up to the .08s and consolidate between .06-.08 for a while until they release some more good news, then this thing is going to fly. Will be buying more shares on these dips.
I would be surprised if it gets much lower from where it is now. This is probably the last chance to snag some shares at these levels. GO SIGMA!