Hello People ! Looks like we need a little education lesson here. I been on vacation for the last month only to come back to see a message board being manipulate by mud puddle and others to be pointed out later. The only reason the naysayers are on this stock is to lower the price. Not bc they are short on a stock bc there are no short shares to be had. So there game is to go from penny stock to penny trying to Knock the stock lower because they believe in the stock and want to buy it very low . They go from penny to penny stock doing this until they catch the write group of people to sell off on the stock. Most penny stock message boards are amateurs so its easy to manipulate the price lower. It only takes 5 people to get scared and sell there share especially if that person needs the money. Let go through the facts here . Sgmd is late with financial. Ok so what who cares ,they have always been late and this time there late again for all good reasons.... Last year they were at 3 cent and now 13 which is a 200 percent gain in 8 months .
Sgmd is experiencing Growing pains Bc The industry is growing 20 to 25 percent a year. Hydroponics is growing 35 to 40 percent a year. This will be endless for the next 5 years if the grower want to compete. The story has not change with sgmd . They are truly a real company with a strong product line. When a small company is growing at a extremely fast pace there is a very good chance the financial are late. Most penny stocks have no disclosure or are late with financial. Its not a shock and does not determine the direction of the stock. The naysayer tomorrow will tell you different but they can only state one fact and I will state all these other facts. 1) Sgmd is extremely busy , growing 35 % or more.2 ) 30 million plus in revenue.Thats Right up there with stocks like kush bottling. 3)Sgmd has a better product mix then Kush. Kush sells 1$ to 5 $ Bottles and very low margins.4 ) Sgmd margins are so much higher.5) Sgmd wants to do more deals like bizright. 6 )Budlife will be the product of the year and for years to come. 7) Sgmd now only trades at 2 times earning. The industry trades at 20times or higher. 8) the charts shows lots of support at 13 to 13.5 cents. its down 72 % from its high in November. This is what penny stocks do , short and fast runs up hill, with long and slow walks downhill. I always look at the Risk to reward ratio .The downside on Sgmd is 12 cents and the high side is 28 cents (short term 30 days and 70 cents long term of 3- 6 months.) Once the momentum starts you won't be able to buy at this low price again.
This year there are so many catalyst . More so then any other year. So much legislation and reclassifying the stage 1 drug as early as 6/27/18. This will be the game changer as the Drug can be research by colleges and companies. Large institution will be able now to purchase stock in cannabis companies. That will mean Supply in demand will go higher . I have to remind all investors the reason Sgmd was able to buy a much larger company is bc Sgmd has budlife . This is now a real company which only problem is the financial and growing pains. I wish I had these problems instead I have the stock .lol This week I will have more in site in detail for those who need it. . Financial are not the problem here as other stocks in the cannabis are going higher with no financial.
So take your time and Remember my name!
