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  • SGLB Sounds Good!  0 comments
    Oct 15, 2013 3:01 PM

    Sigma Labs Inc(OTCMKTS:SGLB) has exploded recently going up to $0.15 per share marking its new 52 week high, the stock has gained over 400% since past few months and tends to gain more. SGLB traded high earlier in the month of July around $0.11 per share and then it decline later. However it continues to show steady moves and climbed upwards, exploding recently trading over 3M shares.

    According to a recent press release, Sigma Labs, Inc., through its wholly-owned subsidiary B6 Sigma, Inc., develops and engineers non-destructive quality inspection systems for commercial firms worldwide seeking productive solutions for 3D metal printing and other advanced manufacturing technologies. Sigma Labs' other wholly-owned subsidiary, Sumner & Lawrence Limited, provides high-level scientific consultants to Federal government clients seeking productive solutions for emerging and strategic development technologies.

    SGLB recently announced that its CEO, Mr. Mark Cola, would be participating in a panel at the Additive Aerospace Summit that was to be held in Los Angeles. The conference is about the participation of the 3D printing industry in the future development of the aerospace industry.

    The company can be seen pushed towards profitability by Mark Cola, as the company reported revenues of $164,264 for the 3 months ended March, 2013 which are double of what they were in last year for the same period. With a growing cash and little debt the company seems to have healthy balance sheet that may back the stock in future.


    SGLB trading around a market valuation of $75 Million has potential to balance any drops it's going to face in its upcoming sessions. The stock is a must keeper in investors watch list because of its genuine potential, it won't let down its investors.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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