InvestorsHub Logo
Followers 29
Posts 992
Boards Moderated 0
Alias Born 01/12/2005

Re: TedJ post# 48856

Tuesday, 03/07/2017 3:43:58 PM

Tuesday, March 07, 2017 3:43:58 PM

Post# of 81999
Ted: You may be correct. In the long run the new investors may have gotten a good deal. As I think we can both agree however that will only come to pass when substantial firm orders appear. Many believe those are just around the corner. I'm still in the "show me" mode.

In the meantime the new investors have lost about 1.2 million dollars of their initial investment, so it is unclear whether they would have been better off buying their shares prior to the uplist. The other concern for existing shareholders that no one is discussing is what might happen when the share price does increase to approximate the offering price. I know what I would do (which may not count for much) . I would sell my shares to recover my investment and hold the warrants. At this point the warrants are literally free and will have a slightly better appreciation potential than the underlying shares. This is a pretty common practice with big ticket investors that take advantage of initial share offerings. It's a way for the initial investors to have their cake and eat it too. Of course if SGLB ends up being a cornerstone of GE's efforts this likely won't happen, but if we limp along on smaller sales announcements I think you are going to see pressure put on the share price when it reaches the low $4.00 mark.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SASI News