Wednesday, June 30, 2021 9:34:34 PM
As long as people buy at $.002 SGMD will dump more shares to the float that means NO there are NO investors who set the price.
If someone invested today in the opening bell and 200,000,000 shares traded and the price went down and no one sold (except at a loss at this low price) HOW is it you say investors set the price?
Would that not be the DUMBEST thing! Set the price lower then what you paid, Yeah that's a good strategy.
At this point, investors are buying just to get to level 2 so they can believe they are in the GREEN only to find that more and more are added to the asked at the same price so you never really get to level two, This means that investors do NOT set the price.
They TRY but fail with every try and the company keeps dumping to regulate the price they want it to be.
You would think that by MY logic they would then raise the price to sell more for more money by not dumping correct?
They reason they do not do that is then investors would be in competition with selling not buying and they cannot have that because only THEY are allowed to make money and you are not.
The price will never go up to profitability no matter how hard investors try and set the price. One reason is, longs want out NOW and new investors are buying cheap diluted shares so longs can only wait and by waiting they cannot set the price.
Today 200,000,000 shares did not trade, they were only sold to new suckers from the company. If your logic was correct the price would have gone up by now but they are preventing that from happening.
When you understand how this works you will stop losing money.
SEE HOW EASY!
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