I got 18cents right. But before that i came out and readjusted the bottom to 10cents on further fundamentals and chart technicals.
i am not saying it goes to 10 cents today.... However i was right about 18 cents when all of you idiots were saying stuff like 28 cents! 30 cents! Stop believing your own bs
This is BS. I never made any comment on ISCO
again its a penny stock. 100k shares at .28 is only 28k dollars. Now i trade professionally so i have large chunks of money to throw around. It was a really nice commission for their brokers i can assure you. But even nicer is the 40% gain on the way down lol
so far my char technicals have played out how i said they would. Called the top at 28cents and a bottom at around 17-18cents. Technically i was right on a 40% move. I am just trying to give some insight because alot of investors on this forum need to know facts and not pumping comments to entice them to buy. I do not believe in overpaying for a stock. I wish there was a way to post images on this forum because then i could show you all what ive been looking at. The weekly chart still shows a downtrend to crossover 15cents. The distance between the middle BBand and the bottom waap bband is 13 cent difference. Bottom band is 0.02 cents and middle is 0.15cents. It currently looks like the downtrend is going to crossover 15 cents (once people wise up that they are putting a 13% premium on overvalued shares) and the mkt will correct itself. I will be shorting in large blocks all the way down to 10 cents because given the chart technicals and income statement and balance sheet its a fair valuation. At 10 cents i will personally reverse my shorts and go long. I listed a 1 year PT of 1.25 for this name because i do believe there is future growth for this industry, momomentum, increased shareholders, a nicer balance sheet, etc.
But again i don't believe in the idea of overpaying when the short term trend is clearly down. Anyone can go look at that. Use the interactive chart.
There are 556 million shares outstanding for sglb. obtaining 800k was easy. TD ameritrade brokerage tier 3 professional trading. Sorry for the delay i thought i responded to this earlier lol
Another bashing comment again which lacks any credible evidence. Go look at the chart for yourself. Unless you cant read charts. If that is so i can teach you how to do it.
See this comment here is what we call a bashing comment. It lacks any empirical evidence as to why the stock is a "strong buy". Additionally my charts are right side up and you can view the trend for yourself by going to yahoo finance looking at the interactive chart. Turn on SMA AND EMA AND BBANDS in the technical indicator tab and you notice how the trend line is pointing down just about to crossover the 15cent barrier.
Im totally serious you can view the trend for yourself instead of falsely buying into a pump and dump scheme by these idiots....
i believe in the long term for this name. What i don't believe in is overpaying for a stock. Currently the stock should be trading at 15 cents. SGLB looks overbought on every chart.
Its not bashing you idiot. Its called chart projection. Right now you guys are pumping this stock to .20. I am looking at the 1 year weekly. still shows a downward trend to .10-12cents
Then in 3-4 weeks out back to around 17-20 cents. Shortly after it hits 10 cents the chart should be reset for an uptrend and then my long term projection on 1 years out is a PT of 1.25 based on fundamentals (cleaning up of the balance sheet, momomentum, increased shareholder count etc.
i want you to look at the 1 year weekly chart. There is a downtrend about to pass the 15c middle bband line. If it breaks that you could see the stock fall anywhere from 5-10cents as it retests the bottom. I however will come in to support the stock at 10 cents. Just to let you guys know.
its a penny stock. Just saying.
Did about 100k short at .28 to .24, 800k more at .24 during that pump manunver last week. I bought in blocks though not all at once. As soon as we hit .10 on the chart move ill take profits and reenter with probably 2 million shares to go long.
i would wait for 10cents. I persosnally will cover my shorts at that level. The weekly chart is showing a bearish crossover of the middle Bollinger Band at 15 cents. MACD and RSI are still over extended.