Sugarmade Inc (SGMD)

[MallenNV]

New victims are telling everyone the stock is UP 50% (At $.0003) and believe it may go back to $.10 turning a $500 investment into $250,000.

You have the cost average buyers who are into the stock well above $.0003 and new victims taking out the remaining millions cheap with belief. Averages have desperation and new investors have belief. Neither of them will have an exit strategy that makes them a profit.

Any rise in price allowing the $.0002 buyers to make a profit will prevent any cost average buyers to sell at a profit and new investors have to buy millions and millions of shares if they are sold at $.0004 so they can make a small return and the market makers will not buy them back on the bid knowing the scheme is on it's way out.

These are the last remaining shares sold by bottom feeder brokers who cannot cut it with the big players. Its like they are taking pennies from 1000's of 7-11 need a penny change counter cups driving from store to store to make $.05 or $.10 to accumulate enough to buy those $50 martinis at fancy bars to impress the ladies into thinking they are successful when they just live not even day to day but hour to hour.

The big money is LONG gone off shore, No SEC or DOJ action was taken and as always it clearly states they may not make any money and you may lose all your investment. Sure many will buy another few million at $.0001 just so they can cost average down further and say the loss is not so bad having paid on average $.0005 but losses are losses and losing more just to lower the loss per share price is borderline certifiably nuts. But it does offer some comfort in some strage way.

What was a cost average buy was when the stock rises a little they can sell and make a small profit and get out. And now they are buying more just so they can say they did not lose that much on a per share price.

It should be called, cost averaging your losses per share.

Average buyers will be stuck at a loss and so will new victims. This was never about selling dope or paper plates or fast food. It was only about selling shares at prices no one can make money on other than those on the inside debt dilution process.