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Re: remember my name post# 13515

Wednesday, 08/15/2018 7:15:13 AM

Wednesday, August 15, 2018 7:15:13 AM

Post# of 53156
RMN --- interesting analogy and I hope you are correct. I agree that Jimmy gave low ball figure with sales projection. Nobody in their right mind would reiterate a sales figure knowing it wasn't already in the cards. At the current pps, SGMD is an excellent play if one keeps in perspective it's still a speculative buy. I continue to add each week and have now accumulated roughly 175k shares. If one concludes your analogy is even 75% correct, it's just a matter of time before onlookers catch on and start buying. The question for me is if SGMD is short term play, say 6-9 months, or go for the ride long term, 1 yr +, and go for the golden ring. Assuming SGMD hits 35 million, and assuming proper cost controls are in place, margins should be adequate enough to attract the bigger players. The industry will consolidate, partnerships, buyouts and mergers occur. To survive all of this, any company, not just SGMD, will need significant cash reserves. Do you, or anybody on this board for that matter, see SGMD going it alone long term or do they quietly seek out candidates to be acquired?