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Yes, it will take some time, but within a few years, I expect SGLN to be north of $ .50 and likely headed higher. This is an explosive market just ripe for a low cost provider of supplies. I am banking on this to become my ticket to retirement.
With $ 200K / month revenues, I am surprised the buy volume isn't much higher. My guess is that a few more contracts will be forthcoming and revenue projections much higher.
You are so right... the competetion is very aware of SGLN and the threat they bring. I also work at the largest medical group in New England... a partnership of many large hospitals and medical affiliates in the Boston area and I plan to provide information about SGLN to our materials acquisition group, just in case they don't know about them.
I can't even begin to tell you how much revenue it would generate if we bought from SGLN.
As I said, SGLN has an incredible future.
As I mentioned before, I have a friend who works at another medical supplier (sales in excess of $ 1 Billion) and they are well aware of SGLN. This company has a very, very large contract in the Boston area and they are very nervous about it being renewed this fall.
My friend has even mentioned applying for a position at SGLN, so you know she sees the potential.
I believe that all of the negative posting in the world will not be able to stop this train. SGLN will, without a doubt, take much business from others in the near future.
Shorty,
I agree... you would have to be a moron lawyer to be short SGLN....then again, they are synonyms, aren't they?
Luke,
Thanks for the info... interesting background. The sound of desperation is overwhelming and now I understand.
SGLN is a great company and has a great future. How can anyone not see this?
This guy sounds like a real A_Hole.
The bid is up 33% from the opening. Longs know the future is bright....the shorts are not so bright.
Treaty should be reporting on Texas soon.... more fuel for the rocket
I can't imagine there is anyone stupid enough to short this stock. With the revenues and promising future in this space, you would have to be a total moron to be short the stock.
Yes.. SGLN is a new player and the soon-to-be-inked contracts will make current revenues look like chump change.
SGLN will be a monster in the long term
I share your opinion and I know of others who do as well. This will be a winner in the near term, but a monster in the long.
You can bet that this climb is just beginning. I am long, so of course, very biased in my opinion. Due some DD and make up your own mind.... but do it quickly
Me too... see ya at the Shamrock!
If you think today was fun, keep watching. This is going to be a very satisfying show.
This release was worded to not make the GOB look foolish while CONFIRMING THAT THERE IS OIL. This is fantastic news. I just got back from golfing and saw the release and I am amazed that the share price is not much, much higher. One thing is for sure, it will be much higher very soon.
It would take the analyitical skills of a moron not to see that this is the green light for Belize.
GO TECO !!
Can anybody say "coiled spring"?
Will today be the day that the GOB confirms the oil strike in Belize? I think it is laughable that some claim there is no oil, but you gotta give credit to the guys who are trying to climb out of a big hole and get shares to deliver. If they wait too long, it will be a devistating blow to those who have bashed this company for many months.
Good luck to TECO longs
Confirmed revenue and explosive growth potential... all for fractions of a penny. Where else can you find a story like SGLN? Despite the attempts of some, hoping to shake free shares from less informed holders, those in the know are holding and even increasing their holdings.
Check out the potential of this play and ask yourself, why would any poster bad-mouth the company, repeating the same drivel over and over again?
Don't fall prey to these tactics.... research, call, read all that is available and make up your own mind.
Many already have and that is why the shareholder base is so strong and the shorts (deeply in dog do-do) are sweating so much.
SGLN is poised to become a big player in the medical supplies industry. There is no doubt that they will, in time, realize revenues of millions in income per month.... tens of millions of income per year.
This is a company that is at the right place at the right time and I urge anyone reading this to do some DD and make your decision. One thing, however is beyond debate.... in the not so distant future, additional contracts will come in. You can take that to the bank. When this happens, these bargin basement prices will not be around.
Every start-up company looses money. From all indications (announced contracts), SGLN is already in the black and will become a name known to all potential customers and, even more importantly, all competetors.
Don't be scared away by any of the negative posters here.
Do your own due diligence and decide for yourself whether this is a viable company.
I've done mine and and have joined the longs who see the future.
I'm impressed with what I have heard about SGLN on the street. Anyone who thinks they are going away or not posing serious competetion is destined for a rude awakening.
I can see the share price heading towards $.02 - .03 within the next few months.
One question everyone needs to ask themselves....
"Do I own enough to make life easier?"
I don't yet, but that is changing.
Current conditions
Volume 141K shares... price .03
By the look of the bid/ask, the results are apparent.
Bull, care to elaborate? The B/A is not what I would expect to see, if results were good. You are implying ???
I couldn't agree more.
Coolnapz.... got your PM. I have a basic subscription so can't answer with one. Thanks... I am in total support and agreement.
Time is on our side.
I'm thinking it got too hot in the kitchen...
The passage of obamacare may very well help move this company forward. As a low cost/High success rate option, it may be more attractive at these levels.
I envy you... and am trying to free up cash to take advantage of this sale.
In a few weeks, we will all look back on this and wonder why we didn't sell the wife and kids to buy more...
Coolnapz,
You stated..Theoretically you are correct. If weak hands stop selling then the game is over. However, the reality is that the bears are doing a lot of the selling. Take a look at those 1,000 share bidwhack jobs that keep appearing. So somebody really sold 1,000 shares of TECO at .0239? Yeah right, that's a bid whack.
... actually, that was 1000 shares of a 75K buy order I placed. The remaining 74K executed shortly afterwards.
I have been buying the past few days to the tune of about 500K shares to help support and also steal cheap shares from the timid ones (idiots) selling them.
Shares are a gift at these levels and I will continue to buy as the opportunity avails itself.
You are right that we need big buyers to come in if we are to support the share price, but before that happens, TECO needs to deliver big news to entice them.
I agree.... with all of the focus on healthcare costs, SGLN will be a very profitable business. It will take some time, however, as existing contracts need to be satisfied. When the time comes for many hospital groups, gov't agencies, etc to enter new agreements, it will seem like taking candy from a baby.
It is just amazing to me that some do not understand this.
The only thing that matters is the announcement of an oil strike.
When that announcement is made, get ready for the fireworks.
In the not-so-distant future, facts will show that SGLN share price went through the roof.
Contracts to support this price increase will soon follow
TECO holding nicely and preparing for the next leg up. Don't be left out of the excitement.
We are not far from a few big contracts... big profits and big share price increases. Hold on and enjoy the ride.
I wonder what makes people think that someone who will fund the drilling program(s) is so nieve as to invest it in a company whose chances of success are low.
I know if I were fronting $ 12 Mil, it would have to be on a project with an 80%+ chance of delivering.
My guess is that both Texas and Belize will prove to be worthy of the investments.
This company is hot and this week should be fantastic with things being staged for a major run up. I tink those now on the sidelines waiting will soon be forced to jump in, or miss the party.
I told a friend of mine about SGLN yesterday. She works for a competitor of theirs and when she took a look at the company, she was blown away. Her company has revenues in excess of $ 100 Billion (yes, Billion) and she told me she was going to apply for their East Coast Sales Rep position.
Now, tell me that the competetion isn't scared !!!
It is no surprise that SGLN may be in the red. They remind me of a few other companies that were in a deficit until things caught on. Maybe some of the names are familiar to our viewers.
MSFT
CSCO
APPL
CAH
ABC
and the list goes on
This will prove to be a great month to be a SGLN shareholder. The march is upward just beginning.
Can you speculate on why someone would front $ 12 Million to drill if TECO did not have any oil?
The fact that someone, who undoubtedly has more information than you or I, will back the drills, I gotta believe there is far more here than you are giving credit for.