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19 pts

Opinion on  Sigma Global Corp. (SGGC)
Oil and Gas exploration play

Dec 24, 2007 05:22 PM GMT
Waterfall
Return Risk
-17.62% HIGH
Associate

Recent News  

Over the past few weeks, the price and volume have been on the rise. Last week the company put out a press release indicating the new direction they were taking along with a 'teaser' of some of the things they have been working on.

" Since that decision was made, things have progressed rapidly. Very soon we will begin to reveal these developments so that shareholders will also understand this new direction."

News release: http://biz.yahoo.com/iw/071218/0341417.html

Stockcharts has recently added SGGC to their chart data feed: http://stockcharts.com/c-sc/sc?s=SGGC&p=D&b=5&g=0...

Future outlook I believe is bright as the price of Oil continues to push towards the $100+ area. Environmentally responsible exploration and production of Oil within the US borders is vital to the prosperity of the country. Looking forward to additional information to be released by the company.


Update 12/29:

We continue to see an upward trend. Although there has not been any PR released since the initial one indicating the new direction of the company, we closed Friday, 28th of Dec, at $0.035. Earlier this week the 'initial' website for the company was discovered, http://www.sigmaglobaloil.com  . Although not informative at this time, with just a picture of an Oil rig along with the price quote and recent news, it is a new avenue for the company to bring information about itself to the market and is indicative, in my opinion, of more news to come.

Chart (Created by RingDaBell from ihub): http://stockcharts.com/c-sc/sc?s=SGGC&p=W&b=5&g=0...

Looking forward to additional information from the company throughout 2008. Some key items of interest we are waiting to find out are the location(s) of their project(s), project status (drilling? producing?) and corporate management.


Update 01/28:

After taking a very nasty hit, the stock has levelled out over the past week and is set to move back up. The company has been working hard to meet it's stated goals for 2008 and just announced the hiring of a competent IR/PR firm. In addition, the company has completed various items required to complete the merger.

http://finance.yahoo.com/q?s=SGGC.PK

http://stockcharts.com/c-sc/sc?s=SGGC&p=D&yr=0&mn...

A number of investors are heading out to meet with the company CEO, Brian Conrad, during the month of February to check out the properties. Completed website, merger, project status and other information is sure to push this stock higher.


SGGC:  This call was made on 12/24/07 @ $0.017
Rating:   Positive   $0.017 (12/24/07)
Gain/Loss:   n/a in 1617 days


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Its_an_oil_company
stock2windaily N/A 12/30/2007



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