Sigma Labs Inc (SASI)

[porsche2006]

it is consolidating, its a given, but if a certain investor or group of investors wasn't continually buying or accumulating and adding to their positions and better yet supporting the stock it would have certainly dropped by now with as much pressure and effort that has been put into trying to hold and ultimately try and bring the price down.. by the large offers/asks they show and by pounding the bid all day everyday. This is IMO a concerted effort to try and hold and lower the PPS (illegal shorting).. why do you think they spent $25,000 to $50,000 in legal and listing fees, all the time and effort to list SGLB in Germany if it wasnt to help further short from off shore?
Again, there is major consolidation (weak and shorts on one hand and support on the other) and accumulation a these levels. when the shorts finally realize the MAJOR sustained support here they will run to cover..when will this happen? it could be with real news or when they simply realize its not working and they get pressure from their brokers asking WTF is going on that the stock hasnt dropped and the brokers asking to keep depositing money to support the illegal shares sold to protect themselves against a sudden POP, and or with the all the weak also realizing it isnt getting any cheaper and they stop selling or decide to buy back in.

at some point with news or by the shorts giving or weak that sold buying frenzy showing up. at the point then the the stock will turn and run..hopefully its sooner rather than later.