Sugarmade Inc (SGMD)

[MallenNV]

There are 4 billion in the float and more added each week. The average buy in is $500 at $.002 (250,000 shares). 4 billion divided by 250,000 is about 16,000 individual shareholders.

If the price got to a point that everyone would sell ($.03 cents), the market makers would shut down the bid volume to maybe 50,000 not 4,000,000,000!

If the stock did rise to $.03 (which is highly unlikely) out of 16,000 people trying to sell, only 2 will be able to get the sell order filled at about 25,000 shares each. As soon as that happens the bid will drop below your $.002 break even price and fall below $.001

The market makers will not load up on shares (especially not 4 billion) they cannot resell knowing that the dump is almost over, the debt will be gone soon and the marketing will stop and no market maker will load up on worthless paper.

That is how it works. So saying let it run and rise does not mean most will be able to sell but maybe 1 or 2 at a bid volume of 50,000 with an asked volume of 100,000,000

I can't imagine how many people have a sell order in at $.03 believing that will be executed.

The only thing being executed is your investments sitting on death row.

One issue is, 4 billion x $.002 is only $8,000,000 (divided by 16,000 people is $500 each) BUT SGMD sold over $80,000,000 in shares not $8,000,000 So I can imagine those who paid much more per shares and received much less in the initial pump stages. YIKES!

:)