Followers | 26 |
Posts | 1418 |
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Alias Born | 01/28/2018 |
Friday, June 22, 2018 10:30:10 AM
The deal was written at abt .08 cents. The price today can go to 1$ and would not matter. They can issue as many share as they want at any lower price . example they can double the amount of shares (os) here. It does not matter bc it will cost Sgmd nothing to do so and it does not matter bc they are recognizing 30 million in revenue for shares from Bizright! Double the amount of shares and they are only 2 times sales here. So undervalued it not even funny. You keep hoping for 7 cents. Soon the stop sign is off.
Sgmd has to catch up with its peers in the cannabis sector which is anywhere from 15x to 30x sales or even higher. All i can say is the selling has abated. 43k shares wanted to be sold all day yesterday and today they were not to be found. It looked like a week wall and today I don't see much of one. Who really wants to sell now. only someone that needs the money.
Remember my name take your time and buy it higher. God you guys are taxing sometimes.
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