Replies to post #47019 on Sugarmade Inc (SGMD)

[Niceguy1]

Just looking for 1/2 cent here as the next level up..not even thinking about a penny or two yet. So if the company finishes merger with Budcars by year end and LA Market is opened...annualized revenues could be $20-30 million. So $50 Million valuation is not far fetched in fact it's really cheap mkt cap if that's the annualized sales #...so 50 million /5 billion shares (by then with more dilution)...still about $.01...even if we get to 10 billion shares by year end (which I doubt)...that's $.005 ...so worst case if the merger happens and full dilution by year end ..this stock should still rise from today's level. Only way it doesn't is if Chan doesn't merge with Budcars and continues to tease us with their sales #s growth etc....which is also quite possible because we know what POS CEO he is.

[CanItBThisEZ2Make]

I Random Search Stock Tickers All The Time!

First thing I look at is, how long it's been since a big run if any!

If there was a big run, how long ago - the longer the better?

2nd thing I look for does the company look oversold by the chart?

3rd thing I look for does the company look undervalued by it's market cap and estimated actual value?

The list goes on, but those are the 3 main things in concern.

OK, how did I find SGMD, actually goes back 2 years ago when another ticker I have bought SGMD, so not exactly a hot tip, but definitely a tip. I seen it go up and then back down, and saved it on my list. I didn't like it then. So what made me like it, well that goes back to my random search. My random search goes by 2 popular I-hub boards, the famous breakout board, and the most-read boards.

Let's face reality, if no one is talking or viewing the ticker it won't move unless it's in the silence before the big move. That's where we could be right now! However, the 1st thing is how long before the last big run? 3 months - too soon or just right - IMO it's almost time. But once again, However look at the oversold indications - Many are screaming this is the lowest in .... Perfect, I like this.

So far, we have the 1st thing is an almost go, the 2nd this is a definite go.

Now, what about the 3rd thing

Market Cap = $3.9M as of August 31, so I estimate a 1/2 billion more share dilution making market cap = about $4.8M

How much is SGMD worth?

IF, AND THIS IS THE BIG IF, IF JIMMY IS TELLING THE TRUTH, I WOULD APPROXIMATE SGMD AT $20M

ANOTHER WORDS IN MY OPINION IF JIMMY IS NOT LYING THEN SGMD IS WORTH 0.0062 PER SHARE AND WOULD PEAK 0.01 ON GOOD NEWS, BUT ONCE AGAIN IF JIMMY ISN'T TELLING THE TRUTH THEN .... WELL LETS JUST SAY WE WILL FIND OUT NEXT WEEK WHEN HE SHOWS US THE FINANCIALS! ALSO KEEP IN MIND THE FINANCIALS ARE ONLY FOR UP TO JUNE 30, 2020!

GO SGMD$

$SGMD
$SGMD
$SGMD