Monday, January 29, 2018 10:59:58 PM
It was amusing to see how many day traders got burnt on that rally in late December. They were quite vocal about it in social media circles. Whilst i understand SGLB at the moment lends itself to day trading opportunities these traders are leaving themselves very exposed to a crowded short and explosive rally on the back of some news by not understanding the bigger picture. A few of them admitted this at the time and whilst some persist others will be a little more reluctant.
Sigma has a unique product at the end of its evaluating phase in an industry that is just starting to open it's doors. News that could seismically alter the PPS upwards could come at any time. What happened in December could be child's play to the moves if a sizable order came in (as we have been told customers are discussing).
Those who may need to cover have been warned by that move... there will be little pity here.
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