Sigma Labs, Inc. (OTCMKTS:SGLB) Hangs Onto 11 Cents
There is still strength in Sigma Labs, Inc. (OTCMKTS:SGLB) as it managed to hold on to positions on Monday despite shaky sentiment. The ticker added a net of 8% to stand at 11 cents, on volumes upward of $977,000. The company is still running on remnant steam from a series of promotions in June and early July, so far managing to get out of a period of serious falling. 
Also, the general charm of 3D printing continues to attract attention to this company. However, SGLB is plagued by jittery investors who move out on a shorter intended time horizon. While there may be rationale to the sentiment of longer-term holders, SGLB is very much threatened by a sudden reversal of fortune. But let’s see what underlying financials reveal that alleged long-term potential:
- $194,481 cash
- $517,561 total assets
- $106,407 total liabilities
- $164,264 quarterly revenue
- $196,616 net loss
The company also underlines the strong promise and growth of the 3D printing industry, along with announcing agreements with giants such as Boeing and GM. But those prospects and upcoming commercialization are not a fireproof protection for the SGLB stock. Still, the company remains above the general level of penny stocks.
Applied DNA Sciences, Inc. (OTCMKTS:APDN) is in a similar range, though also following a steep climb. In the past months, the ticker moved in a general sideways trend, though with a large range of movement.
Novus Robotics, Inc. (OTCMKTS:NRBT) is another contender making a clean upward streak, reaching 26 cents, although with slowing tempo.
The latest pumper for SGLB was Tomorrow in Review, an entity with only one recorded promotion, and that one free. With another mention, SGLB could get a boost. But the lack of too much noise and promotion may be a positive thing, as this would not cause disproportionate movements. So while SGLB may be able to project an image of promise and solidity, it is still best to decide well on your preferred time frame and size of investment, unless you can afford to ride out the corrections caused by fast selling.
