Sugarmade Inc (SGMD)

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Yup, company is acting like all is well, saying things like "valuation increasing" and "good news". But really they are in big trouble, the last 2 years not only cost them a lot of money but now they have said liabilities and staff to keep paying, and now probably less revenues than ever before... are they even selling the restaurant supplies anymore? Market cap currently around 10 million, about 10x higher than they're now worth IMO. Odds are that today was the first of many down days. And I'm not saying this to try to get cheaper shares, I'm not gonna buy until I think I can make a very quick flip, maybe if it's down 50% in a day or when the shares are actually returned and market cap is way lower.

I may or may not post anymore here, just want the longs here that know my stance and to know that I'm not messing around and being in this stock at all is very very risky, it's not worth it to keep holding and waiting, if you want to keep investing, sell your shares and buy them back cheaper, it's highly likely you will get shares at 50% discount or more from here if you're patient.

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