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Tuesday, January 25, 2022 11:52:40 AM
If tomorrow the stock ran up to $.25 you would congratulate jimmy, when the stock tanks you threaten him. That is the OTC investor’s logic. Buy crap knowing its crap but if it takes off its all good but if it does not you want your money back.
You can’t have your cake and eat it as they say. And even if he did get a $10,000,000 PPE order, it would not have made the stock rise and the price would still fall.
OTC stocks to not fluctuate on revenue or sales, they only fluctuate on hype and intent. If Jimmy tomorrow won the lotto and put $50,000,000 of the winnings into SGMD, the stock would not react or even budge.
Pump and hype makes OTC tickers rally and always on a declining price that never recovers. $10,000,000 or $1,000,000 or $1, money is a moot point with OTC stocks. The reason is everyone wants to buy in at $.0001 and believe that if the stock went to $1.00 like many claim everyone who invests in OTC stocks would be millionaires.
Even IF Jimmy put $50,000,000 into SGMD they would still dilute debt shares and make even more money never seeing the share price recover.
But you know this already, all OTC investors know this, they just want to believe ONE will come along and win and make everything better. Never gonna happen by friend, NEVER!
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