It's a heck of a lot better than the shareholder conniption going on over at ONVO with word of their secondary offering. They had the complete opposite situation there. There, investors bid and held the company valuation up to reflect distant future worth. The reality was that in real-time, the actual financial opportunity was available at considerable less value.
Here at SGLB we have investors who either don't know, can't make a difference, or don't give a damn about company valuation and the implications for themselves and the company.
And on day two of the PR release we already have talk of conspiracy and fright and last ditch efforts with the loan. Good grief. It's no wonder this thing is in a channel; a nearly six month long channel. But I'll tell you what, the stock has found its bottom, and the smart money will be buying. And it won't be the yahoos that are the bulk of the SGLB investors now. Other than traders, flippers and quacks, everyone who wanted out is out. It will be slowly upward from here, in steps, from pulse buying, in my opinion.
All the best,
Silversmith
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