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Oh I'm sure there are some big share holders still on board with OOAG.
I've had 5M shares an awful long time.
Due to the fact this stock can't find a bottom in PPS, I changed my strategy awhile back and I think it will pay off eventually. I watched some very nice profits slip away this past year and eventually lost all that profit when I sold all of my shares. I still believe in this stock and I will buy back immediately after that first contract happens. Where will that price be when that happens is a guess. What is not a guess is that after I buy back, I'll have at least double the shares I had when I sold (I hope).
Hope everyone strategy works out for them eventually.
It's time for real evidence that this stock will survive. I was a believe and still am but with a different monetary attitude. Was an owner since June 2013 and accumulated many shares and was up close to 70K up until the total collapse of the stock. The slow downward spiral eventually put me in the red. I sold all shares about a month ago and will have to have real EVIDENCE this stock will be what everyone expects. It cost me no money to watch now.
Wick, I must eat a bunch of crow on your PPS call. I would never have thought this stock could get to these levels. You were saying 4 to 5 cents would be the bottom and now it looks like .029. Sir, I don't doubt this any more. there has been a total collapse in the price of this stock.
Train, tally disagree with you on that. SGLB's price action has nothing to do with the overall market. It's total manipulation at its finest. We would be down today even if the DOW was up 500.
And still going down in pps. Damn Robbery!
To my comment on the "silent majority", let me also add that nestled in among them are the whales of this stock who control most of this stock and do as I said in my previous post. I'm personally not paying any attention to the charts but am looking for that sudden 2 to 3 day movement in PPS with decent volume and NO NEWS concerning the stock. I will add more when this happens to join the whales in the know. Just my opinion but it has worked in the past on this stock.
Like most boards, these are your 'silent majority". These folks control almost all the shares, do very little trading and have no influence on the daily PPS. Only real news get's their attention and they will know it before you and I will.
Very good points Driftin. From my previous Software work ages ago with NCR, it was very common to give companies willing to be beta testing sites for our new software packages very good deals. I can see this occurring with some of our smaller prospective clients. The new printer is going to be stepping on the gas pedal for us.
GLTA
Hey Stocker remember Wick said weeks ago he would buy SGLB at sub .05. That all this negastuff is all about from him.
Rock, no one is buying but in very small amounts. That's why we keep methodically dropping each day. You would think people would be stepping up now and buying with such potential the stock has. Makes me wonder????
You are a great friend to all of us on the board. I just know you were the same to your wife. We all here mourn and pray for you.
PPS is just a game now the MM are doing with the stock. Just 206K shares trades is quite impressive to me since several thought it was not a good report and a selloff should follow. Oh, it might get artificially lowered a little more but to me with where this thing is headed, it would take an absolute idiot to sell now.
Jackle, I always look forward to and value your input. I agree with what you said.
Enron, WorldCom, K-Mart just to name a few. You better be on your toes no matter what stock you're in. OOAG was a crap shoot when I bought it and I knew.
MY "Bottom Line" is a few of us have lost money in this stock, but still have the belief that making money with this stock is still a possibility even though it would absolutely kill several of y'all that continually bash the hell out of this stock. I have no animosity toward Barnett or any of you. That's the name of the game in the OTC world.
Most people who still owns this stock could care less about Barnett. I was up on this stock huge at one time when it got to about 8 cents. I didn't take my profits because of greed. I don't blame Barnett for that only me. I still have millions of shares and could care less about the status of the company now. I have no hard feeling against anyone. I am in the camp of Twostocks on this board. We all know the facts about this Company, the "Moderators" don't constantly have to tell us about it. Absolutely no one knows what exactly will happen with this stock. I've got a very good idea what's in OOAG'S future but it's probably the only stock I own that has a remote chance of making me rich (and I said remote.
I disagree with your point on the general market correction. I think SGLB like many OTC stocks will not follow the ebb and flow of the larger exchanges.
Ditto Truth. The one thing this board has is thoughtful, smart people. Sure, we get overly zealous at times about this stock but most information and opinions given out here are fact based.
"Where oh where is Wick tonight" these 09's are giving him NO delight.
Wick, It's like poker at times. I'm playing my hand by steady buying the stock even as it has fallen from .10. If any kind of good news happens before the decline you're looking far, this stock will instantly double. If great news should happen while waiting you'll be buried neck deep in SGLB dust.
Wonder if wick presently owns any SGLB stock? Sure talks like a man that doesn't and wants it to go lower.
Frustrating to see the small sell quantities take it down for several days now. Very few sells larger than 10000 shares. Being manipulated no doubt.
I stand corrected. It is not true that a stock has to 5 dollars a share now before Institutions can purchase the stock. That was true several years ago when it was difficult to figure the market cap of a corporations. Now with the advent of the internet and information available so readily that rule is not "law".
Institutional investing requires a stock to be at least 5 bucks a share before they can buy it. Do you think a r/s would help now?
Silversmith, I'm would love your opinion concerning the PPS. About a year ago the stock was about what it is now in price. The following 2 months it shot up to .27 and stayed above .15 for the next 6 months or so. We have since fell to the range we seem to be holding presently. What is puzzling is why with all the good news we've seen for several months now, there has been no effect on the stock. SGLB's story continues to unfold very positively but yet "where are the buyers" now verses 1 year ago.
Bingo there's your answer twostocks and what you're speculating on in the future. Fatnhappy just agreed with your assessment with what he just said. There is a possibility that this stock could rise again for "whatever" reason good or bad intent.
I totally agree with you twostocks, in that will this stock ever make me any money? Probably not, but if it does rise from the ashes, I win HUGE.
I'm just not worried about the few thousand dollars I'll probably lose.
Appreciate your effort, I myself have been buying on the ask but I think the MM are going to keep it around .11 as long as they can.
Silversmith 2 things come to my mind. One reason is money. Most people investing in penny stocks don't have a lot of extra money to invest in these type of stocks and they're kind of "shooting for the moon" with what extra money they do have. The second reason is fear itself resulting from the actual poor history of penny stocks. Really they aren't something one wants to bet the farm or even the south forty.
However, I've been in this stock since 2012 and maybe recklessly discounting those 2 reasons I stated above. I'm going with several things on this stock. My own DD, great knowledge from some super smart people on this board, good news dealing with some great companies, and just a real good feeling about this company down deep.
Time will tell for all of us but I do sleep well at night.
I appreciate your wonderful input Silversmith.
Really surprised in the absence of buyers since the news of the last few days. To me even though we're talking about an OTC stock, this story is becoming more compelling now. I actually have more confidence in this little stock that my Big Board stocks at the present time. Could you lose on this stock, absolutely, but I'm 68 years old and been doing this a long time and I have never recalled a time when I thought a 25 bagger is in my near future.
Buying aggressively and GLTA
Someone please explain this today.
The closing price yesterday was .115. These are approximate figures but close that I am going to use next. Out of the first 910K shares traded today there were 766K sold and 144K bought resulting in a PPS dropping to .112.
The next and final 560K shares traded today were traded with 73K shares sold and 620K shares bought with the PPS falling even more to close at .11
Confusing to me, could someone help me on this.
What do you think a legitimate pps would be for Sigma if we are used by GE, Honeywell, or other bigtime players in their applications?
Rafael, don't let FAT get under your skin. He is "Mr. Negative" on this board...always has been too.
Call me a dummy fat but let's see who makes the money.
Hopefully calm before some good news.
I would hate to know I based my stock picking on the character of the CEO espicially those of the pick sheet companies. It's all about making money to me but appartently not you.
We will all make tons of money
from Barnett's latest movie
"Monster Gusher at the Concord Dome". I've already read the screen play and all stock holders get filthy rich.
Like I said before I don't know and you don't know if this stock will be .0005 or .05 in the future. Time will tell and I have plenty of that.
Quote: We don't know what is to come.
The above quote from Barnett is the only thing I will ever believe written on this board. No one and I mean no one knows what the outcome of this stock will be. People bash it, pump it, tell more about Barnett than his own mother knows, yet who can tell me what is to come? NO ONE.
Email response I received from Mr. Barnett is below.
Just what is posted on omogoil.com
We are struggling and unable to raise money. We constantly have to fight parties going after our assets.
We don't know what is to come.
Mr.Barnett,
I have been an investor for many years and have accumulated and currently hold several million shares. Do you have any thoughts concerning the stock that might give me just a little more insight as to the future of this stock.
Thank you.
William