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Re: ironguts post# 19378

Monday, 05/20/2019 12:43:59 AM

Monday, May 20, 2019 12:43:59 AM

Post# of 53181
Lol..if you think from a standpoint of negative investing then that’s what you will get. I can name you several penny stocks that started out in the same space as SGMD and now they are well known in this space. Aurora was at one time twenty something cents and now it is at $8.68. It was as high as $11.85. I can go on and on with other companies in this space. So so say that it’s just a penny stock and will underperform is just an “I think it can’t strategy.” Whether it’s penny stocks or regular stocks they are all just companies. If the company does well it will be reflected in the stock. So, yes he has been working on it for well over a year but apparent you have not been reading the posts on here that says acquisitions take that amount of time. Most companies do it behind the scenes then make the announcements when they are almost done. SGMD has made the announcements first and then worked on it. They did to keep the stock price up and finance the deals. So, all of the SEC filings show they been working on this deal. So you can look at it as the glass half empty if you want, but a lot of us here choose to see the glass as half full.