Sigma Labs, inc. (OTCMKTS:SGLB) On Another Winning Streak
In the past month, Sigma Labs, inc. (OTCMKTS:SGLB) made three winning streaks, where it would add significantly to the price on robust buying volume. After that, a period of retreat followed. Currently, SGLB is in one such upward trend, adding 39% to stand at 11 cents. 
SGLB is at a two-year high, with absolute maximum of 50 cents achieved only in 2011, on sporadic trading. But this time, the rise is happening on a strong rise in volumes, and supported by the general popularity of 3D printing. Still, the greatest effect comes from a series of promotional emails, the last one coming in on July 8th. 
SGLB supplements its fame with web-based video presentations of its technologies and prospects, although the news have been silent for a while. But let’s see how SGLB is equipped to make it in the world of 3D printing:
- $194,481 cash
- $517,561 total assets
- $106,407 total liabilities
- $164,264 quarterly revenue
- $196,616 net loss
While SGLB is still losing, there are no extravagant expenses or too much debt. Still, a market cap of 48 million dollars is a bit too much for a relatively small service business just getting into a new idea. Still, at 11 cents SGLB is accessible enough to warrant interest.
And pumpers so far received no compensation to mention SGLB in their emails, meaning that they consider it a ticker that would give a short-term boost to their track record. There is still no paid, intentional effort to pump SGLB.
The attempts of SGLB recall those of ImageWare Systems, Inc. (OTCMKTS:IWSY), another company trying to make it with the latest technology, this time image processing. Ice Web, Inc. (OTCMKTS:IWEB) is another technological contender, a more accessible bid at 3 cents, though more volatile. The underlying business allows these companies to bring out interesting messages on upcoming activities, but the stock is moving independently and in disproportionate ways.
A paid promotion may keep SGLB on the radar with high volumes. But until 3D printing proves itself as more than a fad, it is best to estimate your own acceptable losses before taking up this ticker.
