Sugarmade Inc (SGMD)

[TPADA]

My take is it’s pretty tough in these penny stocks since you don’t have past positive financials to work off of. I look at projected revenue, market value, momentum, news showing activity, and relative market values of other companies in the market. In this case we have pretty high projected revenue in the tens of millions and the market value of the stock is trading at $5M. The gamble, of course, is whether they’re not to ya bozos or scam artists, which is always a concern in these pink stocks. We certainly have momentum and The market value is far lower than many of the other MJ players.

Seems like a ton of room to move here to me if it’s the real deal.