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Re: Picklemytickle post# 52481

Wednesday, 03/16/2022 8:17:57 PM

Wednesday, March 16, 2022 8:17:57 PM

Post# of 53173
Pickle, Getting your money back form SGMD means everyone has a chance to also get their money back and the market makers won't put the bid so investors can recover or even break even.

Remember at ANY TIME you are able to sell on the bid for a profit or break even, the market makers can buy the same shares from the debt dilution dumpers for much less (90% less in many cases)

If the bid goes to $.01 and the asked at $.012, at any time they need more shares to sell they just buy the debt shares for $.001 and hold retailers hostage.

If I were a market maker why would I want to buy on the bid ($.01) and sell on the asked ($.012) and only make the spread of $.002 when I can buy debt shares for $.001 and make $.011 on the shares?

If investors in total placed asked orders for $.012 totaling 50,000,000 shares, 50M x $.002 is only $100,000. Buying at a huge discount of debt shares for $.001 I would make $550,000 ($450,000) more than doing it the honest way.

This is not about YOU or retailers making money. It is the company, the debt investors, the market makers and the pumpers who all make money at the retailer’s expense.

The OTC is really a LOTTO play with the difference being the listing companies are the only ones with the winning numbers.

The problem with all this is that if you don't play you won't win so the gamble is to take a chance and hope it works but it never does.

The SEC has their hands tied to laws from congress. Congress is in on it; they make BILLIONS allowing this to happen.

If you started an OTC company that made toilet paper and even if you don't make it but buy it from the grocery store for $1 per roll and re-wrap it with your name on it, then you tell the congress members who are in charge of supplying goods to the pentagon, senate, congress and every other government agency and tell them that your toilet paper company is public and the shares are only $.01 and if they give you a TP order for $5,000,000 the stock will rise to $1.00 especially with a PR saying you have a government contract.

The congress member will buy 10,000,000 shares for $.01 ($100,000) then issue you a check for $5,000,000 (tax payers money) and when you PR that and the stock hits $1, they sell it and make $10,000,000 even though they paid $10 per roll.

They don't care they just want to make money on the stock using taxpayer’s money regardless of the price of the goods sold.

That is why (if you recall) they paid $20,000 for toilet seats and $10,000 for hammers. Once they paid the small public companies $5,000,000 each so they can sell the stock and make MILLIONS, the company delivered only 250 toilet seats that ended up costing tax payers $20,000 each. AND they are still sitting in storage.

I am surprised that SGMD did not use their paper products to get contracts for government cafeteria needs and charge inflated prices and tell those who appropriate tax payers money and secure some contracts.

SGMD would get $50,000,000 in pre paid orders for napkins and plastic forks. Congress members would buy up gobs of shares, SGMD would PR that and the stock would be $1.00 or more per share. It would have taken time and some savvy dealings but the outcome would be SGMD would make the same money they did just selling shares and also retailers would make money as well.
The point is there is little to no legitimacy in the ocean of this stock market and the OTC is the pond scum.











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