Sigma Labs, Inc. (OTCMKTS:SGLB) Rises Over 10 Cents Again

After a few tentative days, Sigma Labs, Inc. (OTCMKTS:SGLB) finally gathered enough energy to break through, adding more than 21% to break the 10-cent barrier, as expected. Buying volumes were just above $1 million. SGLB enjoyed a boost from the news that it received a part of a $5 million grant for further research in 3D printing. It is unknown what portion of the grant would go directly to SGLB, but the news was a good boost that accellerated the trend.

SGLB managed to double in a month and a half, and may repeat the recent peak when the stock was heavily supported by a combination of a promotion and press releases. Right now, 13 cents may not be too far away. And more news could bring SGLB back to the spotlight, as 3D printing continues to fascinate with opportunity.

SGLB specializes in metal details, which could find immediate markets, and are more useable than novelty items made of plastic, which are among the most common 3D printed objects. And at 10 cents, SGLB is accessible enough to make another run, like it did this summer.

Now, SGLB has the Q3 revenues to expect, which may add to the hype. Investors’ boards are a bit quieter, opinions scarce as SGLB has to show how stable its recovery truly is. Now, the next challenge is the end of the week, approaching quickly. SGLB also may need more robust volumes, as the past month was relatively quiet.

Another closely watched tech stock, ImageWare Systems, Inc. (OTCMKTS:IWSY), managed to stem its slide, rising a little to stand at $1.73, after sliding toward the $1.60 range. At the same time, Liquidmetal Technologies, Inc. (OTCBB:LQMT) is still quite stagnant around 15 cents, awaiting its breakthrough or fallout.

To the credit of SGLB, it has not touted the additive manufacturing potential as a whole, and has chosen niche technologies. Other competitors with specialized equipment focus on biological 3D printing. And consumer manufacturing is yet another area where 3D printers may have commercial success- though so far limited.

SGLB had its peak at 25 cents on low-activity trading years back. Now, the renewed interest may take the ticker into uncharted territory. SGLB now rises without a promotion, which means less price disproportion. It is still best to do your own due diligence, and stay away from the stock unless you can also afford the corrections, sometimes reaching as deep as 50% loss.