At the risk of making forward looking statements, my gut tells me that we are at the bottom around here in the upper .05s range. We have now seen a crest and a trough of the huge volatility in SGLB land. For what ever reasons the stock was sold off, it is now priced for failure as a company. For me, all of the connected dots, and the continued progress of the company's efforts, and the start of money coming in, indicates that failure is not in the future of SGLB. With blood in the street of SGLB land, this is share buying time. Even one large corporation contract going with PR3D will justify a significantly higher price point than where we are now. I am coming around to the feeling that the relentless sell off since about September last year is due to a seemingly unending amount of the 2013 hundred million share sale blunder actually coming to market. (The sell off since December 2013 was the profit taking, loose hand, early bail out of the whole 3D space.) If so, it is not new dilution. It is old dilution that has come home to roost. The holders of those shares may have thought that prudence was the better part of valor, and sold some of that stuff. In light of the whole 3D printing group stock behavior, I don't blame them for it. Wall street has turned its back on 3D printing. Wall Street wants to see the real money flows from these companies, from a viable growth industry with ongoing sales. It is so very early in this game.
Just remember, if you are still holding, but crying yourself to sleep every night, you might want to consider that you have probably successfully ridden out the storm. If the bottom is truly in, then up is what's next for SGLB.
Separating the men and women from the boys and the girls. This kind of stuff takes lots of time, lots of hard work, and a cast iron stomach with money that can be tied up for a while. I continue to buy down here. It is the perfect buying place if the future is successful for SGLB.
All the best,
SIlversmith
