Hi and welcome.
There is a blog out there (I'm not a fan) that has a lot of technical information and if you look through the post hitory here on iHub you'll find links to it. That gives good details on things but it honestly paints too positive of a picture.
If you search for SGLB or look at the PR over the last year or so you'll see a lot of JTDAs and MOUs and a couple of contracts. The blog also does a nice job of listing all of this out.
Also today's news was pretty cool too.
So look at the post history here and maybe on Yahoo! message boards and ask questions.
As for what's coming up for 2014 I'm surprised you invested without knowing the answer to that question. Commercialization of the product is hopefully coming and today's news was a good indicator. I myself am a bit skeptical.
There was PR from 2012 suggesting that product would be ready by the end of the year. That never happened.
There are 3 parts to PrintRite3d:
- INSPECT (beta)
- DEFORM (development)
- THERMAL (development)
With this in mind I'm not a believer the whole thing will be ready.
In addition to this we have not heard that they're partnered up with anyone for THERMAL yet. GE is testing out INSPECT and Metronics is testing out DEFORM.
Another thing to note is that the share price takes some wild swings. If you're long and can lose the money you invested in a worst case scenario, ignore the swings and believe in the strength of the company. If you're short and you understand the technicals, trade based on that but I find it's very hard to tell which way it's going. In the past month it has been as high as .28, back down to .13 and up to 17. The swing from .17 and .13 and back up again was nutty with 21 million shared traded. All this for a penny stock. Wow.
One last thing, understand the market cap. There are a lot of outstanding shares and at $1 the market cap would be 500 million. I'm not sure how long you have been investing or what your knowledge level is, but I just wanted to mention it. It's not cheap at .20 because there are so many outstanding shares. But often times valuation means nothing because 3d printing is such a hot industry so $1 may be feasible once commercialization happens despite what their balance sheet says.
Anyway, this is very brief. Overall I myself am pretty positive about it even though I do question it from time to time.
Good luck with your piece of the pie.
Regards,
Tonto
