{"id":3382,"date":"2013-12-10T11:16:03","date_gmt":"2013-12-10T11:16:03","guid":{"rendered":"\/?p=3382"},"modified":"2013-12-10T11:16:38","modified_gmt":"2013-12-10T11:16:38","slug":"sigma-labs-inc-otcmktssglb-fails-to-take-off","status":"publish","type":"post","link":"\/articles\/sigma-labs-inc-otcmktssglb-fails-to-take-off\/","title":{"rendered":"Sigma Labs, Inc. (OTCMKTS:SGLB) Fails to Take Off"},"content":{"rendered":"

\"98SGLB_chart.png\"After revving its engines and showing signs of reversal last Thursday, the share price of Sigma Labs, Inc. (OTCMKTS:SGLB<\/a>) took two consecutive steps down over the next two sessions, reaching a close of $0.21 yesterday. Share volume was below the average, at 5.4 million shares changing hands. <\/p>\n

Traders probably expected Sigma to repeat the pattern where it hit a new 52-week high after a retrace and the 9% green close hinted at that but it didn’t happen. In the next two trading sessions SGLB<\/a> wiped out that climb and returned flat to where it was before the reversal.<\/p>\n

It’s been several weeks since the company posted its latest press announcement and the fluctuations are not fueled by external factors. Online discussion boards have gradually shifted from a flamboyant optimism to a more level-headed outlook. The situation around the company has not changed drastically but traders seem to be more cautions, with share volume for SGLB<\/a> gradually dropping.<\/p>\n

The blog published by what appears to be an avid SGLB<\/a> supporter is still pushing out hugely optimistic articles, hinting that other 3D printing companies have little to no quality assurance in place and will eventually need to turn to SGLB<\/a> and its PrintRite. With commercialization still scheduled for fiscal 2014 and keeping in mind that deadline was once delayed, it’s probably a good idea to tread carefully. While SGLB<\/a> has a chance to make it, there’s no assurance of that at the moment.<\/p>\n

\"83NNRX_chart.png\"Other OTC companies were far less fortunate in yesterday’s session. Nutranomics, Inc., f\/k\/a Buka Ventures Inc. (OTCBB:NNRX<\/a>) tanked 54% on over 13 million shares traded. The previous time the company shifted so many shares in a day was the late September pump targeting it came crashing down. Brainstorm Cell Therapeutics, Inc. (OTCBB:BCLI<\/a>) dropped nearly 15% on heavy volume after spending the last three months in a state of slow decay.<\/p>\n","protected":false},"excerpt":{"rendered":"

After revving its engines and showing signs of reversal last Thursday, the share price of Sigma Labs, Inc. (OTCMKTS:SGLB) took two consecutive steps down over the next two sessions, reaching a close of $0.21...<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[290,1015,814],"class_list":["post-3382","post","type-post","status-publish","format-standard","hentry","category-news","tag-bcli","tag-nnrx","tag-sglb"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=3382"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3382\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=3382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=3382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=3382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}