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It takes a lot of time and effort to do what they are doing on a daily basis. It could just be one guy with several accounts, but IHUB keeps track of IP addresses, but there is probably a work around that as well.
So "YES" I think they or he is getting paid.
For weeks someone keeps selling between the .09 and .095 price at roughly 100k to 150k shares per crack.
Are these flippers? Which is fine by me, day traders make the world go round.
But if it is the company doing it while paying these guys, it would make a little more sense.
These share blocks in the .09 range started when these guys showed up.
Coincidence or no?
Take the money you pay the PUMPERS and buy back your own stock.
You will actually get a result as oppose to PUMPING.
Who pays these guys? If it is NUGS, NUGS should stop, it only hurts NUGS as a penny stock.
It can't be anyone other than NUGS.
Is the CEO that stupid?
It just looks SHADY. Who wants to invest in a SHADY stock?
But that is how the CHINESE operate? Always SHADY! Nothing is what it appears to be once you look behind the curtain.
That is what the CEO and the PUMPERS are doing, making NUGS appear to be a SHADY operation.
Cut the CRAP OUT and you will quit getting CRAP results.
If they would JUST invest in one share per post NUGS would be up to $13 dollars a share by now.
I've noticed that too.
For the last 2-3 weeks this stock has dried up VOLUME wise.
The small minute INTRADAY charts are showing some gaps between candlesticks.
It tells me the current share holders are sitting on their shares for the next leg up.
So far this weekly candlestick looks very reminiscent of the candlestick back on DECEMBER 11th, 2017.
WEEKLY CHART
One thing that sure got my attention today was the ACCUM / DIST indicator.
I just pulled it up today on NUGS and it says this stock is at the FEBRUARY levels a few months back and yet the prices don't JIVE.
I think this stock is being SUPPRESSED.
This thing is going to BLOW UP any day now.
I'm thinking tomorrow or by WEEKs end.
DAILY ACC/DIST Chart
WEEKLY ACC/DIST Chart
I agree
It was close...only two trades away.
It is my opinion that this will end up GREEN for the day.
I am REALLY telling you my opinion.
But everyone has an opinion, right?
Sorry. No thank you.
You just officially got scared out of a stock.
This will end up positive today.
I don't understand all the fake chatter on here all of a sudden. Why bother? It doesn't do anything to the share price.
If anything it ruins the credibility of a stock.
Without a MARKET there is no BUYERS and there is no SELLERS or liquidity.
This right now is a penny stock, of course there is going to be shares SOLD in the tens of thousands, just like there is going to be BUYS in the tens of thousands.
Let's put some LOGIC in here.
(BTW: I don't trade on FUNDAMENTALS...but I regress.)
Is there any logical reason that this stock doesn't hit the most recent highs based on the news that you are receiving from the company as of late?
DOUBLE production capacity.
More profits on their way than previously stated.
The POT market is booming more than ever.
The STOCK charts which I read, tell me, NUGS has a lot of upward mobility from here. Add on the PRs from the company to give investors an inkling and you have a pretty darn good recipe.
This stock is dynamically different than it was on the recent gains at the beginning of the year.
During that phenomenal rise to around .20 and hence the pullback since then, the long term moving averages for NUGS were upside down.
Since that climb and retracement the long term moving averages have righted SHIP.
In other words, NUGS is a stock with smooth sailing in its near term future.
And this isn't only true of NUGS, lots of other POT stocks are on the same path. Be careful though, there some horrible looking ones out there too.
VERY healthy and ROBUST pullback in the making.
And the WEEKLY chart is to die for people.
Once we pop out of the SAR on the WEEKLY, which is .14 cents, this stock is going to take off.
That could happen this week or next.
PS. The PARABOLIC SAR on the monthly chart can't be in the negative forever. In order for the SAR to flip, NUGS stock price has to hit around .70 cents RIGHT NOW for it to turn positive. With deterioration of time, probably around .50 cents.
Either way, I'll take .50 or .70 at this moment.
Nice double bottom just put into place on the INTRADAY.
Should see some nice green candles coming up.
Congrats SGMD for making a NEW 52 week low today!
BRAVO
NO it is NOT.
THE RSI indicates on the daily chart that it is NOT under the value of 30 indicating OVERSOLD.
RSI currently sits at 35.5.
This stock is actually TESTING ALL TIME LOWS with room to run in that direction.
SGMD could see a LARGE RED candlestick here shortly.
Looks like this is going to bounce HARD off of the 50 day simple moving average on the 30 minute chart.
Good spot to buy is RIGHT NOW on this dip.
To get more shares
Or
To close out position end day
Or
To close out position based on intraday charts
Or
There is another high flyer on the traders radar while NUGS is in a holding pattern
Or
Trader reached his profit goals for the day
...
Looks like the SHARKS will be gorging themselves tomorrow. CHUM, oops, I'm sorry, I mean SGMD shares are getting thrown out there like bait.
You are correct, looks like the STOCK PRICE is rolling over like a bloated dead whale.
The sharks will be coming in here to feed any minute.
OR spending your money at a strip club...you'll have a better view while kissing your money goodbye than watching it disappear from your computer monitor at home.
On the DAILY CHART, this looks like it could turn way UGLIER very quickly from where it is sitting right now.
And it is really UGLY right now.
The question is...
OPTION A: Is it going to bound down off of the MOVING averages and continue its normal plummet south?
or...
OPTION B: Will it finally cross the MOVING averages and show a shed of hope for you guys?
With the massive new shares coming on board here soon, I'm betting on OPTION A. Sticking to SGMDs true form.
EXACTLY
So the question is why would anyone INVEST their money in SGMD when there are thousands of better companies out there that don't look like a TRAIN WRECK right now.
The light at the end of the TUNNEL is too far away now.
All you are going to do is waste your time, get aggravated and have a horrible temperament day after day, looking at SGMDs stock chart.
Why bother?
CRON
CGC
NUGS
ALEAF
if you are looking for other POT stocks are doing great RIGHT NOW.
"A DAY LATE and a DOLLAR SHORT" should be SGMDs MOTTO.
Why sink you money into this POT hole of a stock?
That is the ICING on the CAKE.
Just a few days ago the CEO writes a very thoughtful and well laid out letter to shareholders on how much he appreciates them and that he won't use his shares to DILUTE.
Then literally the next thing he does is file with the OTC that he is going to FLOOD the market with SGMD common shares.
I mean come on?
If you are going to kiss me on the cheek, JON SNOW, don't stab me with a knife.
Was that a GAME of THRONES reference?
EXACTLY....
REVERSE SPLIT....stay on OTC
I RECKON.
STAY TUNED
Are you looking at the same stock?
Four million shares were just on the ASK at .0026.
ACTION speaks louder than your WORDS.
Jump into this PIG, I dare you.
There you guys are....
I missed you....
It was kind of quiet without you guys here today.
No.
I can.
I have.
and I will always do it.
I am a DAY TRADER.
I am not an INVESTOR.
I don't hang on to stocks.
I buy based on technicals of what a CHART actually tells me.
I would NEVER tell you how to trade or invest or how to view things.
I specifically look for odds in my favor that can garnish a couple percentage points. In and out mostly based on 30 minute intraday charts.
Fundamentals are of no concern to me when I make a BUY.
VOLUME, RSI, MACD, BOLLINGER BANDS, SMA, ADXs are the language I use to make my decisions.
I know the DEMAND is high.
But it sounds like SGMD statements are overstated.
Once a LIAR, always a LIAR in my book.
It would be nice for shareholders, if they were telling the truth for once.
But I wouldn't put any weight into that until the financials come out.
BTW: Why is NUGS afraid to mention SGMD in their press releases by name, it is obvious they are talking about SGMD?
Are they embarrassed to mention SGMD's name? IDK.
NUGS should just OUTRIGHT buy SGMD, so they can start running this company properly.
It is all about PRODUCT and DELIVERY of that PRODUCT to market. NUGS would have it all if they did that. It would be POT AMAZON in California.
Let me help you...
What do you think of the squashed COCKROACH on the other side of the toilet paper you used to kill the COCKROACH with?
Now you get it.
EXACTLY....
10s of MILLIONS of REVENUE they keep on saying...Would put the house in order, you would think?
But their actions, NOT THEIR WORDS, always prove otherwise.
I don't know....think about it.
POT prices in California are already sky high due to taxes.
To be making a 20% net profit on overall POT deliveries is kind of hard to fathom.
GREAT if they are actually doing it but I find it to be, frankly, unbelievable.
And 10 - 20 million in revenue per HUB....that seems really far fetched.
There honestly would have to be BUDCARS everywhere, just like DOMINO pizza delivery guys in the SACRAMENTO area.
I don't live in SACRAMENTO, so I have no IDEA. Can anyone contest to this?
But if their was this magical FLEET of BUDCARS, where are the pictures of all these awesome POT drivers?
Seriously?
Okay, what was OVERALL sales?
Because 10% of a dollar is a dime....
I'm stoked...well I would have been if the driver from BUDCARS would have showed up on time with the weed I ordered.
But I got the runaround instead, much like how SUGARMADE runs their company and treats their shareholders.
GO FIGURE.
The BUD doesn't fall far from the tree.
20% profits?
Where did you pull that number from?
If this stock had actual earnings it wouldn't be at .0027 / in the gutter.
GREAT! We know how well that has worked out for the company and SHAREHOLDERS in the past eight years.
YAHOO!
Can't wait.
Like I said, this is a BAD JOKE in a room with no audience and the comedian just farted, while the bartender is sneezing and throwing up all over the place because he has COVID-19. And the entrance to the club has a bio hazard sticker stuck to it.