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Re: None

Friday, 09/12/2014 2:57:04 PM

Friday, September 12, 2014 2:57:04 PM

Post# of 81999
SGLB has traded in a fairly tight band between .11 and .12+ for well over a month now. Yet the Board discussions never changes: The stock is consolidating; it's under accumulation; there is one big buyer scooping up shares from all the weak hands; the shorts are going to have to cover; the shorts are going to get burned; there is a short squeeze coming, etc, etc. The simple truth is that until there are contracts announced and/or revenue booked nothing is going to change. The so-called weak hands that sold at .15 or .16 (when most here were touting the bargain prices) are 25-30% better off if they choose to get back in. The dots can be connected until the cows come home but that is not going to change the share price. The longer SGLB goes without revenue or contract announcements the more pressure there will be on the share price. It makes little difference how many products are released….it's how many are sold.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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