SIPP Industries Inc (SIPC)

[aileninvader]

SIPP observations:

No I haven't paid attention for quite some time and that was my bad. I bought this and left it. Here's some quick observations after popping in this morning.

*It "appears" the price has been dropping with very little volume in the float. There are 279,237,318 float shares according to the latest information I could find (https://www.otcmarkets.com/stock/SIPC/security).

The average daily trading volume for the past 6 months has been 960,331 shares which is .34% of the total shares in the float. The largest day was 7/18/19 with 5.5 million shares. The lowest day was yesterday (10/9/19) with 94,000 shares. That's not much volume to float.

It appears MOST shareholders have been holding. They may be holding for several reasons, a couple might be that SIPC has been in a steady tumble for these 6 months and the sale would be a loss or they might believe that this company does have products that will make money.

At the current price ($.008) no one can afford to sell except flippers.

Another might be that Sleek is still pushing it. Depending on when they got in Sleeksters made a killing in 2016/17 with his SALAMI picks but hasn't done so well since then. Sleeksters are hoping he still has the magic here.

So, at these prices right now we are all in the same sailboat with SIPC. We're looking for a big, steady breeze or better yet wind to push us out of these stale, still waters............