Sigma Labs Inc (SASI)

[silversmith]

It will be interesting to see if the new institutional investors cover some of their shorts if we get a move into SGLB. There is no doubt the bulk of the recent share price pull back was due to the institutionals placing a collar on their long position. They placed some protection on the investment by shorting about a third of the long position. We had dropped to a total short position in the upper 4% range just days before the announcement of the institutional investments. Then right after the announcement the total short position dropped to 4.13ish %. Then not quite a week after the shares were distributed the short position jumped, in one day, to over 9%. I have little doubt they were putting some protection in place.

All the best,
Silversmith