Sigma Labs, Inc. (OTCMKTS:SGLB) Inches Up Again, Takes Tom O’Mara on Board

The new rising trend for Sigma Labs, Inc. (OTCMKTS:SGLB) so far managed not to break, taking the ticker up toward 18 cents on a series of tentative climbs and one day of a small retreat. SGLB grew by a bit more than 5% to reach $0.1775, on dollar volumes above $580,000. SGLB1106.png

SGLB may have attracted a bit more attention with the latest press release on a shuffle in its board of directors. Mr. Tom O’Mara would be joining the team with financial and managerial expertise, announced CEO Mark Cola. IWSY1106.png

Yet despite all the contracts and possibilities, despite winning a part of a research grant, SGLB remains relatively subdued, unable to push above the 20-cent levels with greater confidence. Now, with the last quarter well in signt, SGLB seems like having another possibility for a run.

Investors’ forums in fact are quite well aware of that possibility, and expecting it to happen within the next trading day. Indeed, SGLB opened with a tentative run this Wednesday. And SGLB was further boosted by a CNN report, again presenting the firm as one of the leaders in the new manufacturing revolution of 3D printing.

If you believe that 17 cents is a low price for such a promising company, it is still best to judge your time frame well, so as not to be caught in shorter-term fluctuations.

ImageWare Systems, Inc. (OTCMKTS:IWSY) is another company that showed great potential but went through a temporary setback. Now, IWSY is back above $2, though retreating a bit on Wednesday morning.

Endeavor IP, Inc. (OTCBB:ENIP) is another penny stock company that shows strong optimism, though one fueled by a brand-new $1 million email campaign. ENIP reached $1.16, starting the gradual climb from 75 cents in the weeks back.

If you need to choose a high technology ticker, keep in mind that not one piece of gadgetry guarantees a good stock price. In the case of SGLB, it will take time until the 3D metallurgical process becomes a part of the larger aerospace industry.

On the plus side, the strongest promotional time already passed for SGLB, so now any rising trend could be a bit more natural, without drawing in investors who would be pushed to sell too soon.

You may also like...