Good to hear from you again. It has been a while. Your argument has a different basis and you have a consistent position. I agree that there may be some end of the year selling as some folks who got in less than a year ago are underwater and may want to take a loss for tax reasons. I agree that SGLB is a stock that has responded to events or even the idea of events, but I just do not see that some accumulator is going to get out now because of an expectation that was not met and that this accumulator represents the factor underlying the long term trend toward accumulation here. You are right that it does not take a lot of sellers to move the stock price down given that it is so thinly traded. I am trying to free up some cash to take advantage of any move down in the next month and a half - why heck, I just might load up some more even if there is no move down. I certainly will jump in the first week of the new year to load up my ROTH with a fistful of new SGLB shares,
It is my perception and belief that SGLB is on the cusp of the contracts and events that will move the stock north. The risk of selling at a loss and then having to wait to avoid wash sale rules when the event of a contract is announced is too great a risk for me for the limited effect I might obtain by taking a tax loss hoping to get back in before the move north. Also, the loss of time toward LTCG is a cost I would avoid.
Different points of view is what makes a market.
patience and GLTA
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