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desarcmo

12/26/17 11:13 AM

#55982 RE: alanthill #55980

Alan, here is my guess as to what is going on.

Dont think this is any validation of SGLB and indicates a turning point. I believe this is probably a group of vulture traders that descend on small struggling stocks with a low float and pps that gives them an easy entry point.

Through coordinated and illegal trading they drive up and down the price, driving up the interest in the stock pulling in unsophisticated money. Periodically they take turns pulling off profits from the new money. This will continue for a short while until people catch on to what is going on and then they will turn their attention to a new victim.

After they are through we will be back to the few thousand shares per day trade and pps goes back to near where it started. Hope I am wrong but have seen this happen before in other small stocks. Just my guess and speculation. Take it for what its worth, been wrong before.