Sigma Labs Inc (SASI)

[crook717]

This is not accumulation. Consolidation?, yes, Accumulation no.

There is a huge base of investors that are holding on to their shares, because they believe the story (I included, despite that half of you think I'm short). This is the reason why volume is relatively small compared to shares outstanding.

All this is...is scared hands, those that haven't done their full DD exiting due to being inpatient or emotionally weak (can't stomach daily swings), while being replaced by newer investors who happen to stumble upon Sigma Labs.

Now the encouraging part is that for sometime this has been forming a base. The reason this is encouraging is because new people that stumbled upon the stock aren't going to sell anytime soon, because they haven't lost anything yet. At the same time, the core investors aren't selling their shares because they believe in the story.

This is consolidation my friends, not accumulation. There are many indicators such as Accumulation/Distribution, or Accum/Distr Volume Driven you can look at on your trading platform (mine is ThinkofSwim) to prove that it's far from accumulation.