Sugarmade Inc (SGMD)

[MallenNV]

Monroemi, to make money shorting a stock, you have to be able to sell the stock and then buy it back cheaper.

The market makers are only getting the bid shares from the company not the public. If the MM's did buy public bid shares they would only make the spread. The company pays the MM's side cash if they acquire the shares directly from the company.

If you short SGMD you will make very little if that. And if you attempt to short then wait for the price to drop, you may also get caught in a short squeeze.

The MMs may counter any shorts with a slight rise in price and your margin accounts will be whipped out or you will have to keep paying the loan fee to keep the position open but that won't work as you have to close the position or the fees will exceed the profits on the short.

As long as people are willing to buy at $.002 the endless shares will be available and 10,000,000,000 x $.002 is $20,000,000 more than they already raised. and the price will not drop to close a short position

The buyers on the asked are the suckers and so will those who short SGMD