The buying must exceed the dilution. Haven't had the necessary volume all this time since it started coming down. The MM's are controlling the shares they are selling as much as possible - they are not ever selling on the bid, only hiding the countless millions they have to sell on the ask. Any time the price goes up a little, they take advantage and continue to load their shares on the ask. They are suppressing the stock, but they must convert shares to make their money back. This is how SGMD is able to fund their operations - when you buy the stock you are helping the company to keep going and keep expanding. The pumpers here are helping to keep the price from dropping to new lows, the volume must stay at these levels to hold the price up, and it must increase significantly to make the price go back up. If the price keeps dropping, which it likely will if volume doesn't pick up, it will eventually come back with a vengeance as it always does, because the company is making good money now. As long as the cash keeps rolling in, and the company makes good moves into the future, the market cap will eventually catch up to what the company is worth. But there has been no O/S update for almost a month, and the O/S keeps going higher (dilution), so this is what you are seeing every day. It's not a good idea to hold a stock too long if that stock has an O/S that keeps going up.
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