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Here is another thing that I've liked recently. Look at the down days and look at volume. I enjoy technical analysis. It makes sense to me. On these low volume down days there obviously isn't a crazy selloff. Opportunists do what they can to buy on the bid on these days. I like it. There is bid support. There are all kinds of ways savvy investors with a but load of ammo can do this, but nonetheless it's done. By the time news hits, they are usually loaded to the gills with shares and profit hansomly. I love that this is a low float company because when it runs it runs hard and fast! The best is yet to come people! California legalization is here to stay and so is Sunset Island Group!
Now consider this: Even if the 10k didn't look great, the stock market usually trades on forward outlook (about 6 months). The company has definitely expressed what is about to happen over the next year. Anyone can see this on their Instagram page as well as all of the positive info presented via 8k's and other press releases. Look at what they have going for them mind you. It's quite obvious that California believes them! Look at the tax revenue they will generate for the state. Now if this company didn't communicate with the shareholders, I would certainly have my reservations about investing in them. To me, they have the right stuff going on. That's not fluff. It's quite evident to me that they are showing the public what is going on with their operation by showing photos and communicating frequently. IMO the 10k has already been factored into the share price at these levels and when people see that nothing sketchy is going on this will fly!
Oh yeah, how about revenue projections? When those start coming in, that's the green light folks. You have to blind not to see that this thing will go bananas very soon! GLTA - longs that is!
Understandable that you question this. Should be out this week imo. Ask yourself if your opinion is wrong? Remember this low float on positive news will run like a bat out of hell! I certainly wouldn't want to be short right now.
SIGO was trading at 100 million market cap in August 2017 prior to share reduction. Remember the float was reduced drastically! The share price reached 2.25 on 50 million shares. The float is currently at about 5 million shares! Most shares are in strong hands and people have placed high sell orders. This way the mm's can't borrow your shares to short.
Recent harvest, upcoming harvest in a few weeks, revenue projections likely, sale of clones, vapes, edibles, distribution to dispensaries! Get ready folks! They are going to expand to about 80,000 sq. feet growing space! Do the math. Read the DD many have done on this board. This could be the ticket! I'm banking on it and so are many others.
With the right pr this week, we explode!!!!
IMO of course!
Me too brother!
Excellent post! Now give those revenues a 5 times multiple. Roughly 35-40 bucks a share based on current float! That's sick! That my friend is why I am invested in this company! Best of luck brother. Instagram photos show cannabis nuggets called moon rocks. How appropriate!
Well said Rosstafari! In my opinion, we get a press release this week detailing harvest and financial guidance going forward! Take a look at their Instagram page. Fantastic pictures showing their progress over the last few weeks. Exciting times for SIGO. They are a diamond in the rough. They have a great product and are in the right arena! California legalization makes them a player as they have cultivation, manufacture, and distribution licenses! How many other California cannabis companies have all three? Look how miniscule their share structure is. Consider that the company recently went from .85 to 3.30ish in a few weeks. Wow! That was just on licensing news. Wait until the harvest projections come in. Wait until they provide guidance of where they will be distributing. This stock is locked up by strong hands. The float is locked. With a good press release, people won't be able to slap the ask quick enough. Now if the stock rose about 375 percent on licensing news, think about what positive revenue news will do for share price. That would be like the stock going from 2 to 7.50. I can see it happening! That's just near term. Most of these marijuana companies have market caps of 200 million dollars. A 100 million market cap would give this company a 20 dollar share price. It's quite reasonable in my opinion. Hope you are in my friend. This thing is about to go parabolic very soon!
The fact that they are growing cannabis is suspicious too seeing as they are a cannabis company. Lol.
Imo we get the 10k this week along with guidance going forward. We are all anxiously awaiting.
Writing is on the wall! One juicy pr and this thing explodes! Moon rocks anyone? Send in the clones!
That's what I calculated too! Heck. I'd be jacked with a third of that. Lol
Wowza! Multiply 5 times earnings and divide by float! Those are incredible numbers my friend! That is sick!
Fantastic! It's coming together! This should be an exciting year!
That is fantastic information CWATT!! Sounds to me with the 4,000,000 in funding that they will have a finalized 72,000 square feet of grow space completed this year! Harvests will be rolling in every few weeks! They are going to be remarkably profitable. Holy Shi##!!! I knew I had a great stock here, but after reading that I'm definitely holding on for the duration!!
I would think we get some great guidance in a press release next week. They just harvested! Another harvest due just after their tour on March 8th also! This puppy really is getting to be coiled right up!
For those in doubt, don't let them shake you out! Rarely does such a gem like SIGO come your way! Low float. I've witnessed crazy run ups in this stock in a matter of days! Wait until the revenues start pouring in.
Cultivation license, manufacture license, distributor licenses in hand. Ask yourself how many CA. cannabis companies have all three. Then look and see the major players and their market caps. Several trading at 200 million market cap. A 100 million market cap puts us at 20 bucks a share. Do the home work on harvest projections and you will see that this is easily attainable. Rome wasn't built in a day, but over the next few months you will see how they expand and harvest and sell and harvest and sell and harvest! We are way undervalued with a 10 million market cap! Hold onto your shares with a kung fu death grip people. You will not be sorry!!!!!
Agreed Rooster. Company is in it's infancy. Once revenue starts pouring it, this thing surely will have rapid and great price appreciation!
Lol. Company has manufacture, cultivation, and distributor licenses. They just harvested. They will probably give great guidance! Vapes, edibles, clones. Ahhh! Can you smell it brother! 5 to 10 bucks soon on this horrific news!
By the way, another harvest is in 3 weeks!
You are wise my friend!
Have you seen the photos on Instagram page. These guys have it going on. Wait until the tour on March 8th. They will be harvesting shortly thereafter. They recently harvested. I expect some great guidance from the company soon. I cannot believe the price of this stock is so low! We are extremely undervalued at these levels. EOY I can see this trading at 20 bucks! We are going to need some tough wind shield on this rocket to dodge the extra terrestrial moon rocks on the way to the moon!
We will be dodging moon rocks all the way to the bank!
Hang tough. We are about to be rewarded for our patience very soon!
My ship is loaded! I'm salivating in anticipation of what is about to happen here. Not too many opportunities like this diamond in the rough come along! They have all three licenses. They just harvested and have another one in March just after the tour! They are expanded growing space. They will be selling clones, selling vapes, edibles, etc. supply versus demand. Demand is high for legalized weed in newly legalized California. Look how big the population of the state is! Look at the chart. Accumulation is high. Big picture! Most weed companies trading at 200 million market Cap. We are currently trading at about 10 million market cap. Do the math. 20 bucks a share puts us at about 100 million market cap! Send in the clones!!!
Without being on location, and talking to Val and TJ daily I wouldn't know! I've told you several times to contact them. Perhaps you should stop inquiring from members of this board and contact them. The information people give on this board is from research. No offense, but try it.
People have bought most of the float up and placed high sell orders in so stock is virtually impossible to short at these levels. I don't get too concerned when you see price decrease on low low volume days like today. Float is so minuscule that when it blows there will be hot magma all over the place! Lol
It was pretty cool to watch. It happened quickly brother. Paid higher for shares but I bought a ton below a buck. This thing will go like a bat or of hell on a big volume day!
Yes. Look at each picture. They are dated. Next harvest is around March 10th. Tour is March 8th. Coincidental?
Come to SIGO! Come to SIGO!
Look on Instagram at all the pretty pictures and they give a play by play
Depends on the news. I'm thinking they give a revenue projection and details of expansion. A lot and I mean a lot of eyes on this. Last run went from about .80 to 3.30ish. Low float. When people see news they will be chasing. I put a market order in the other morning at open and bought 23.9 k. I wanted to see how the stock reacted. It went from 2.33 to 2.58 on just that order. That's how crazy this thing will fly. Ballsy move, but I am that confident in this!
I agree wholeheartedly brother! Next or and we fly! I'm thinking we see 5-7 bucks on this liftoff!
Moon rocks are falling from the sky if that is the case.
That Instagram page is terrific! I love the fact that you can see all the different happenings currently taking place! Boom boom time. Moon rocks! Lol! We will be dodging moon rocks when this rocket takes off!
Thanks guys! It's a coming! This stock is so undervalued! Wait until the company gives guidance on revenue. The stock price will go up so quick it will make people's heads spin! A solid revenue press release will open the flood gates. There are a lot of eyes on this! It's imminent that these large market caps will soon apply to SIGO! The chart really is a screaming buy! That is undeniable! Stay strong and know that this is a one way ticket north very soon! Don't let them shake you out!
A whopping 50 something thousand shares traded today and you call that a beat down? Come on man. When volume is that low and price goes down like that it really isn't a selloff now is it. I'd be freaked out if a million shares traded and the stock tumbles. Credibility concerns? If there were credibility concerns, there would be massive volume and major dumping. It appears more like people are holding tight to their shares to me. When you see low volume and a slight decrease in price on a an uptrend (four day uptrend) it really is quite natural. After all stocks can't go straight up can they? By the way, have you looked at the chart lately? We are clearly in the next phase of going upness. Check out these things on the chart if you will: full stochastics, accumulation/distribution line, money flow index, vortex indicator, true strength index. After you have analyzed that, you will clearly see that these shares are in good hands.
In my opinion, we rock soon. The company just harvested. I'm sure when they put out the 10k they will provide guidance. There are some of us on here who have a ton of these shares and have done enough homework to know where this company is going. Best of luck with your trading endeavors. We all want to make money here. The writing really is on the wall (and definitely on the chart) as to where this company will be trading soon!
Games Watson! Games!
Low volume shakeout because limited shares to trade. There you go Watson!
Oh my God! Look at that crazy volume selloff! The sky is falling. You have got to be kidding me. Looks like the float is locked up in strong hands to me.
Every indicator on the chart for SIGO is a screaming buy!! I am extremely confident that we see rapid price appreciation over the next few days!!!
Imo of course.
Oh my goodness. People are selling big time because of it too!
Look at the chart!! It's a Picasso! Rare opportunity here folks! Boom boom time!
Not if but when! The writing is on the wall brother. This thing is really about to break out in a huge way! I love technical analysis and all the indicators are saying that this is clearly headed north. Couple that with all that the company is doing. Manufacture license, cultivation license, distributor license, vapes, edibles, clones, and the list goes on. Consider that a lot of other weed stocks trade at 200 million market cap. They have expansion going on. Crunch the numbers! This really should be trading at at lest 20 dollars by end of year! Word will get out soon! All I can say is RELEASE THE HOUNDS!!!!!