Sigma Labs, Inc. (OTCMKTS:SGLB) Sold Off, Sinks to 4 Cents
If there is a positive side to the slide in Sigma Labs, Inc. (OTCMKTS:SGLB), it is that anyone who wants to shed their shares is able to sell. Even at 4 cents, SGLB does not seem attractive enough to make buyers return. If a stock is so unwanted, it could easily slide in the murky zone below a cent, and be used as a short-term vehicle for fast gains. Pumpers seem to have left this stock to drift, with the last message from July 8th. On Wednesday, the stock slid more than 15%. 
While some profiles and recommendations for SGLB hover around the Web, their influence is diminishing. It seems like the 3D printing hype was not enough to support this stock. Strangely, SGLB stands on its own, there is no general trend of penny stock companies adopting this business model for real or as a cover for the lack of activity. This happened in the case of the medical marijuana spread, when many penny stock businesses changed direction and rode the wave, only to crash soon after. 
Without updates on the financial situation, so far SGLB holds the following resources:
- $194,481 cash
- $517,561 total assets
- $106,407 total liabilities
- $164,264 quarterly revenue
- $196,616 net loss
Currently, the only one truly interested in SGLB is analyst Gary Anderson, whose articles may have boosted the ticker in the past. According to him, SGLB has long-term prospects, and the month-long swing between 3 cents and 13 cents, with a fall to 4 cents, is a temporary event that will be smoothed out in the future. The announced private placement of 120 million shares for $1.2 million should happen gradually in the next few months, not immediately, and we are yet to see what the company will do when it secures cash. In the future, SGLB may turn into one of those underpriced companies with a solid core, but for now, the hype wiped out some gains. 
Currently, Image Ware Systems Inc. (OTCMKTS:IWSY) also hangs in the balance after a strong climb. The biometric security system producer reached a height above $2.60 and for now is trying to hold onto the gains, so far drifting sideways without major corrections.
And Liquidmetal Technologies, Inc. (OTCBB:LQMT) is another ticker related to smartphones and the high tech industry that was extremely active in the last days. LQMT so far slides rather quickly, to stand around 14 cents. The company expects to announce financial results soon, but this has not helped much with the steep slide.
We will be following SGLB for a sign of rebounce, which may happen at a lower price. Yet it is best to stay away unless you can also afford a longer losing streak that will depress SGLB inevitably. Enjoy the robust trading levels, but do not sink in unaffordable investments.
