SGD Holdings Ltd (SGDH)

[Johnny J.]

Is anyone really surprised at the capitulation here? From a purely technical perspective, the only move was and is down. Just look at the monthly chart. There has been a year-to-year descending triangle formation in place and it will not break for anything less than time or the passing of cannabis legislation and updates from the company. Everything else is noise. The entire industry is whomped and y’all are crying scam as if this isn’t an OTC company. Get real. This is a penny stock focused on cannabis with the entire industry just smoked to ashes - did anyone truly think this to be the exception? Honestly, updates from the company would be meaningless at this point until the industry progresses. Grab your nuts and move on. I did. Or, you can hold and average down over the next couple years while the industry grows and the Congress continues to build positions on dirt cheap cannabis stocks before finally passing legislation.