I'm going to watch this one closely this morning. This has great potential to bounce back (to its .30 - .50 per share trading range only four months ago) given the court approved bankruptcy emergence plan.
I thought this was going to be a good play today! But because I was not able to buy online and because I was too lazy to call my broker, I did not get in this morning. Oh well. Tomorrow's a new day. SGI has been around a long time and they have always been synonymous with supercomputing and stellar graphics technology. This emerging-from-bankruptcy news is very good for them (and their stock too)!
From what I understand the stocks that you can buy now are going to be cancelled in Oct. Like WNDXQ shares. I bought in WNDXQ at .075 and could have sold at .21 but got too scared because they were going to be cancelled and had never been in a stock like that. So, I'm in this and hoping for a nice little profit like I have seen in other stocks like this. Anybody else in this?
This stock will see 1 dollar by the beginnning of next year. In order to emerge out of federal bankruptcy protection you must have ALL of your finances in order and be not only capable but likely to return to profitability and growth. Let's not forget that SGID's technology is being used in the production of new US fighter jets as well as by every growing university in the country. Since I started reminding people about this stock opportunity it has risen over 100%. Get in while the getting is good.
Down to .03 good time to enter if you haven't for a quick profit. Does anyone know the exact date that the current common shares will be canceled? I heard sometime in October? but am not sure. Any help?