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KINGFORADAY

09/05/20 8:31 PM

#19162 RE: DrivenByPain #19161

LOL, CGRW is a valuable part of this but it's not SGDH. Here's the problem as I see it. Even after the doubling of the plants, it's fairly valued around 8 cents for now. If they double the plants again then it's 16 cents assuming wholesale prices don't continue to drop. They also have a worse share structure with 50 million preferred and 6 times the convertible debt.
They only have less than half the float which is why it ran to over $3 before which was crazy. Can it run again because of the smaller float yes.
If they double the plant count again then that's 3 locations for SGDH and 30 to 40 cents in value plus potential and hype.

SGDH at 4 to 5 cents with potential shorter term value at 35 cents is a better deal than CGRW at 8 cents now going to 16 cents but this it the market so anything can happen as it went to $3 before so who knows.