Sugarmade Inc (SGMD)

[Moeclay]

K&J gets their shares at a 15% discount and since they aren't able to hold more than 4.99 percent of the OS at one time, they have the ability to be issued 34 million shares, sell the 34 million shares, get another 34 million shares, sell again and do it 2 more times after that.

Yesterdays S1 pertains to the first 34 million shares. Each additional 34 million will require additional S1 filings. All filings subject to SEC approval.

Nothing SGMD offers to the public is unique...everything they are selling can be bought from any hydro supply/equipment store. Jimmy is late to the party. Even the Hempistry situation is questionable. Too many hemp farms to compete with and a lot of those hemp farms already have established clientele.

SGMD is nothing more than a 5% to 10% swing trade on a regular basis opportunity...far from a buy and hold.

Strategy: when SGMD drops 5% (trailing stop loss to get even more of the drop), buy, then sell when it goes up 5% (trailing stop loss to get as much as you can until naturally stopped out).

#playthegame

#respectisearned