SIPP Industries Inc (SIPC)

[Trained Monkey]

Some positive nuggets in the last 10q and PRs, but the steady downtrend since .015 is telling. IMO SIPC will not move on further news, much like the latest few press releases have not spurred an uptick. IMHO, this srock may not move significantly up until actual revs are realized (perhaps Q3 or Q4) or major news drops. Deals to supply ingredients and new brews are good, but are not likely to lift this stock at the moment.

This should not worry the longs here though. These updates show a startup hemp subsidiary that continues to expand its reach, add future rev streams, and one that is doing so without sacrificing it's economic future. Low debt, lower costs and overhead, and what appears to be a stable OS provide SIPC a stable foundation from which to build. Good future if the positive direction continues.

For those connecting dots and feel like exercising patience, you may make out well here...but I don't go long in the OTC. Sold my stake at .0106 when the downtrend seemed clear. A 9% gain is minimal but better than losing cash. I'm all about protecting the capital even if it makes me risk averse.

Putting a pin in this one, will keep an eye on revs...Q3 or Q4 might be time to make an entry here again. When SIPC sees a 10q or 10k with significant revs and numbers to digest I will likely post my thoughts on the data and make a reentry if warranted.

GLTA

TM