On January 22nd we pointed out the unusual volume and price rise for SGLS. The stock had just filed a 15-12g with the SEC, essentially deregistering their stock. Volume slowly crept back into the stock and the price went up along with it.
We found SGLS through a scan and determined that it was ready to post more substantial gains. This was after SGLS closed at $.0014 per share. I specifically wrote:
Look for this stock to receive more investor interest over the next several weeks and the stock to surge from its close today of $.0014.I don't think $.005 - $.01 is out of the question here.
The entire post is here: http://pennystockgurus.blogspot.com/2009/01/sgls-signature-leisure-inc-impending.html
It looks like SGLS is well on its way to $.01. Rising from when we called it, at $.0014, to today's close of $.006 would seem to be the hard part. The stock now has substantial footing for a rally above $.01 a share. From that level there is no telling how high it will go.
Bottom line: take your profits and ride your free shares.
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