InvestorsHub Logo

RFB

08/03/16 12:00 PM

#44258 RE: Mr3Deeprint #44257

If the MMs would gap it a bit more, I would sell in the morning and buy a position(s) later in the day when retail can not but help keep their buttscratchers off the bid and drive the price down as the day goes on. Each and every morning it is the euphoria followed by inevitable misery/defeat when all the longs realize there is not PR. Suspect this will continue into the CC and when nothing significant is revealed in the CC, the PPS will fall to lower 2s due to disappointment and imminent dilution due to S-1 becoming effectively shortly.

As for the board members...they are there for some advice, but more importantly for the financing side of the house. They were likely added also due to the NASDAQ requirement of an impartial board. Prior to this, SGLB can shovel all the shat they want, but the board previously and arguably still is not impartial.

Same old SGLB and the market is trading it accordingly despite the rose colored predictions here.