InvestorsHub Logo

Herringaid

01/14/14 1:06 PM

#11427 RE: downtrade #11424

Cool, gltu. Just a heads-up, next week the lockup period is over on the 120 million shares sold for a penny last July so there could very well be some swings as well as loose hands. There have been several back and forths on what has and hasn't happened already.

All speculation (including this post).

If you're going to invest and are planning on being long, don't let the swings scare you off. It's a penny stock.

On iHub you'll find an overly positive sentiment when it comes to the stock. I have my slice in case things do in fact work out well.

Lastly only invest what you can afford to lose.

Best,
Coppersmith

downtrade

01/15/14 10:05 AM

#11509 RE: downtrade #11424

Glad I didn't buy..

JudeNJames

01/15/14 10:08 AM

#11511 RE: downtrade #11424

Wait til next week! 120,000,000(bought at .01/share) shares become UNRESTRICTED Friday! I don't see all of it being dumped, but you gotta think at least 25% will. It's not brain surgery to figure out this one is going to take a big dip down early next week. You can't just have MILLIONS and MILLIONS of shares hit the market and the price go up. I would wait until at least monday or tuesday to see what happens IMO. I also think SGLB is a great long term play, but I'm not buying yet.

Go SGLB!!