A ton? People say they make money and really it is not exactly accurate. For instance, you said you sold last February at $.02 but form what I see the max that month was only $.01 and even if it did spike to $.02 which it looks like it may have but for only for some small volume than the only thing I can see is your ton is maybe only a few hundred bucks if that. No one wants to say they lost on this one or even admit they made a huge mistake.
I have said it many times. SHORT these tickers because they all tank soon after the increased authorized. After we got out of this ticker I decided to try an experiment. Since we made a TON on the short which is a sure thing, guaranteed I decided to buy back in with a tidbit of the net we made just to say that we now own SGMD for less then what anyone else paid because everyone cost averaged and will always be into the stock for more then they can sell it for.
If this ticker goes back to even $.001 on the bid, I know no one will sell other than at a loss. I will be able to sell at $.001 and make money because I have no cost averaging issues everyone else has.
No one got into this stock now at $.0009 unless they are cost averaging. While retailers wait for $.005 or more to break even, ill be long out of this. Just to note, I do not believe it will even rise back to $.001 and just continue to decline. At this point having capped out on the short, I figure what the hell and buy some and see what happens.
