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SGMD, the never ending dumpster fire. So glad I got out of this.
I guess the LA hubs aren’t opening in August? What a damn joke.
Yep. I’m learning his game. Maybe someday I can be a dirty master scammer like him. I’m getting my money back from this POS one way or another.
I’m a flipper today. Sorry guys but after losing over $8 grand on this POS I’m flipping for pennies and idgaf what anybody says. Don’t blame me, blame the master flipper/diluter Jimmy Scam. I’m learning how to play his game.
Your credibility is shot bro. You say the same damn thing every day.
Sold 1 million shares at .0027. I will buy it back at .0024 today after it drops back down, which it absolutely will, it always does. I’m learning how to play Jimmys P&D dilution game to my advantage.
Exactly right. I’ve said this before. Either Jimmy is the biggest liar and con artist on the planet, or $SGMD is about to fly. It’s one or the other. There is no in between.
For me, I just look at their websites and they seem legit to me. I’ve also personally called 1-877-BUD2YOU and they answered my question for me. BudCars is legit. I feel much better today than I did 2 days ago.
Ok so the bad news is that the first BudCars LA hub is behind schedule and now they are predicting it will be open by the end of August. But the good news is that the 2nd LA hub is ahead of schedule and is also predicted to be open by the end of August. I consider all of this to be good news especially since they haven’t even mentioned the 2nd location for a while now. I actually thought it wasn’t even going to happen. So I see that as a positive for shareholders.
It’s also nice to see an update on the PPE PO. Even thought they have only filled 1/10th of the order, at least they gave us an update and we now know that something is happening there.
Overall this is a good 8K and I feel much better about my investment. Thank you Jimmy for the update and Go $SGMD!!!
Actually it’s only up 2.38% but when you’re down 47% overall, who’s really counting anymore.
Why buy more today when it will go down tomorrow? I will buy more when it reaches .0016 again.
Pathetic
As a $SGMD shareholder the past few weeks, the question I ask myself every morning is not if I will lose money or not, it’s how much money will I lose today?
I do. $AG is my bread and butter. But even that can’t keep up with the free fall of $SGMD
I have tried my hardest to stay optimistic about this. I still have a glimmer of hope that we will see some kind of spike one of these days. I work for the airlines and as you know, they are laying off thousands of employees. I may be one of them and I may be out of work on Oct. 1st. I can only stay in $SGMD until then. I’m hoping that the Sept. 30th rev report will make this thing spike up just in time for me to be unemployed. That would work out perfectly for me. I guess I have no choice but to wait it out at this point but I won’t be surprised one bit to see it go down to .0016 again until that date comes.
Only 5 trading days left in the month of July. That’s 5 days for $SGMD to open the LA hub in July as they promised. If they don’t live up to this promise, I may just walk away after losing over $10,000.
I have tried the pharma stocks but I’m too new at this game. I don’t know when to get in or out. I finally made a good investment and bought a bunch of $AG. It’s a slow and steady bull, I love it, plus I believe the price of silver is going to skyrocket. It already started. $AG has been offsetting my losses a little bit from $SGMD but not enough. $SGMD is killing me. Does Jimmy even care that I’ve lost $9 grand? I think I deserve an explanation at least. Maybe even a $SGMD bumper sticker?
I’m down about 8 grand right now, so I’m staying in long. But these last few weeks have been brutal. Nothing but red for like 15 days in a row, except for one day where it went up 2%.
I’m getting tired of losing money on this POS
It’s still July bro
If we can get a LA hub grand opening announcement with no dilution, we will be on the moon.
I averaged down today a bit. I now have 5 million shares at .0041 average. I have been watching this stock like a hawk for the last month or so, and I can totally feel a reversal in the making. There has been MAJOR dilution happening for the last few weeks. These last 2 days have been completely different. The free fall has stopped and it’s ready to bounce any day now.
Beautiful day for $SGMD. This is what a legit stock is supposed to look like. Keep this up Jimmy!
I agree but I’m also not complaining about how it looks today. On a day with no news and no dilution, it’s in the green. Imagine what a day with news and no dilution would look like.
It’s a completely different stock when they aren’t dumping shares by the millions.
We are on pace for maybe 30m in volume. Down 70% from its average of about 100m. We also don’t have anybody pumping in here today. Something very strange is happening.
With that said, here’s a new tweet from the company:
SugarMade Inc. $SGMD continues to bring our #Budcars customers only the best #buds! Blueberry Muffin Seeds. The buds smell powerfully like fresh baked blueberry muffins, making the name of this strain a piece of… muffin. EMERALD CUP 2017 6TH PLACE! #CBD
No volume and no pumping. Could it be the MMs are gonna let it fly on its own?
Nice $SGMD mention in this article this morning:
https://medium.com/@WallStreetPRs/the-cannabis-bull-gets-back-into-gear-plnhf-sgmd-tcnnf-crlbf-42e62e6ed64c
Sugarmade Inc (OTCMKTS:SGMD) is a cannabis player that operates now mostly through its controlling stake in BudCars, a leading California cannabis delivery company that operates on a traditional retail model with consistent 45–50% gross margins on cannabis inventory.
Sugarmade’s BudCars model has been feasting on increasing market share during the pandemic for obvious reasons: cannabis consumers can order their favorite products and have them delivered right to the door in touchless convenience. That dynamic has presented SGMD shareholders with a dramatic boom over recent months. Since Sugarmade took over control of BudCars in March, the outfit has posted 10% week-over-week sales growth basically at a minimum.
Sugarmade Inc (OTCMKTS:SGMD) just issued a mid-month performance update for the month of July, which is now on pace to set multiple new Company performance records for sales, gross profits, and total customer orders. As of July 14, the Company is now on pace to meet or exceed its target of $650,000 in total sales in July, with well over 5,000 individual customer orders likely this month, suggesting that sequential month-over-month topline growth will be at or above the Company’s target 30% level.
“Our BudCars Sacramento hub continues to demonstrate accelerating growth that suggests we still haven’t really found the ceiling here in terms of period-over-period upside potential,” commented Jimmy Chan, CEO of Sugarmade. “Ultimately, this is gratifying to see because we have taken a unique approach to retail cannabis product distribution.”
Sugarmade Inc (OTCMKTS:SGMD) has been posting major growth updates on a regular basis over the past couple months as its BudCars model takes apparent flight. The rate of sales growth expected from the company in 2020 has walked up a steep ladder, with the latest guidance suggesting we could see it north of $30 million in annualized sales by year-end.
I found this on Reddit. Take it FWIW:
My friend emailed budcars this week and this is how it went:
Guys Sugarmade and budcars are a LEGIT operation! I emailed Budcars customer service asking about Sugarmade and they responded with this. “Hey Travis
Budcars and Sugarmade are working together to grow the cannabis delivery side of the business. In the past four months we have seen massive growth. This is legitimate and we are doing whatever we can to improve and grow the operation. When we took over the operation there was only a handful of employees and now we have over 30 employees and 14 vehicles. We are still waiting to open our new location in Montebello. Just waiting for some permits and security plan to move forward.
Sorry I can't go into detail but we are definitely working hard towards our goals.
-Budcars team”
The bleeding has temporarily stopped.
I’m not putting another penny into this stock until it shows some kind of positive movement. It has done nothing but go down, every single day, ever since I bought in at .0045. I’m down 50%
I hope you’re right. I’m still holding. It worries me that now they are saying the LA hub will open later this year. I thought it was supposed to be in July?
Looking forward to more pumping tomorrow. .0024s getting slapped. .0023 looking thin here. .0022s are falling fast. Breaking through that wall at .0021. Grabbed a few at .0020. Good bargain at .0019 levels.
I guess it’s gonna drop to the .0017 level again
It’s hard to play the dip and rip strategy when the stock never rips. It’s more like dip, average down, dip, average down, dip, dip, dip, dip, sell and then Spend the night in the doghouse.
They said the LA hub would open in July.. Now they’re saying “later this year.” Wtf
Preparing for a morning pop, followed by an afternoon drop. That seems to be the pattern here the last couple weeks.
Good conversations take place here after hours. Premarket and throughout the day is full of pumpers in here. Or maybe it’s the same person with about 10 accounts.
Does the bleeding stop today? At this time I’d have to say no. I’m predicting a close at .0029 unfortunately.