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Re: hweb2 post# 104245

Sunday, 04/02/2023 2:25:36 PM

Sunday, April 02, 2023 2:25:36 PM

Post# of 113883
SGMA - The sentiment in MicroLand has been horrible lately, but seems to have started to shift. I feel like a lot of these microcaps are compressed springs ready to break out to the upside. As far as SGMA goes, it is definitely not priced for perfection at $2.65. They have a tangible book of over $10 per share and strong earnings power even including the WAGZ losses. Definitely can't blame anyone for taking profits in a yo-yo market like this.

I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.

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