Sigma Labs, Inc. (OTCMKTS:SGLB) Aims for 20 Cents and Above
The trend for Sigma Labs, Inc. (OTCMKTS:SGLB) is getting stronger, as the ticker is about to break the 20-cent barrier, if given another good day. After a subdued September, SGLB grew again, adding more than 19% on Tuesday to $0.194. Dollar volumes were above $2.86 million. 
SGLB may be benefiting from the aerospace conference currently taking place in Los Angeles, as the company’s CEO Mark Cola was invited to discuss the potential of additive manufacturing. The conference will continue until Friday, offering support to the shares.
SGLB is still affordable enough, and the run was achieved without the boost from an email promotion, so this speaks to the stock’s benefit. Also, SGLB is partaking in a $5 million grant to improve its 3D printing process. And the technologies of SGLB are well-targeted, escaping from the novelty of plastic printers, instead striving for quality aerospace details in metals.
With the current ride up, SGLB aroused positive comments on investors’ forums, creating an expectation to potentially go above $1. Still, SGLB is worrying with more than 500 million shares outstanding.
Speaking of recoveries, ImageWare Systems, Inc. (OTCMKTS:IWSY), which entered stage together with SGLB, is having a run up, a minor trend of the past few days. IWSY is standing at $1.55, after threatening to fall through to below $1.50.
Liquidmetal Technologies, Inc. (OTCBB:LQMT) made a breakthrough today with a stronger gain of nearly 13%, to above 15 cents, on robust buying volumes of $1.19 million, the highest in the past few days. Still, the trading is still subdued in comparison to those other two technological tickers, which are a staple among the most actively traded on the OTC markets.
For SGLB, the previous peak ended with a serious slide, of more than a third of the value. Currently, the shares hold great promise, but we don’t know where they would be taken by a lack of news. A backtracking is entirely possible, so it is best to assess well your time frame. SGLB has a great potential to continue and expand its operations, but the shares move rapidly after PR messages and on expectations of positive news.
It is best not to rely on positive news alone, since a quiet period may undermine the positions, wiping out a large part of investments. This applies to SGLB, as well as to other tickers in the sector. While technological companies rise quickly, some crash as suddenly, as was the case of Vertical Computer Systems, Inc. (OTCMKTS:VCSY) at the beginning of the week.
