People I’m just sticking to the positives . I’m following the money .
In Jan sgmd sold and raised abt 1 million$ .2nd Quarter was 5 percent growth Sequentially but
Margin growth has risen by about 50 percent do to cannabis . Sgmd looks like they
May do 4 to 5 million in cannabis sales this fiscal year 2021 ,22 .
That’s 1 x sales . If sgmd can open more locations and more restaurants which
Is brilliant by the way . Sgmd has a really go future . He only has to be right once .
January convertibles tells me the smart money is still around. This last raise of money are not
From fools .
They know all about sgmds PRs in the past and still looking to invest .
Jimmy may be a Con to some but con artist never last this long under
The SEC watch . Sgmd has been in the eyes of the sec for a long time , I doubt
The Sec is missing something . It’s been 4 years. If dgmd disappear it will be do to management problems,
Not due to the lies of jimmy Chang . Suiacc has good very points but
I think the sec already is aware of shmd false PRs In the past. I believe jimmy actions are close to criminal
Or if not criminal . So I ask this question how is he still a ceo of a public company for so long
And has not delivered much for share holders .Does nothing but sell shares . My answer is he gets fined at best and move forward .
The one thing I know is the whole industry is filled with criminals .
I just want to make money from them .
Jimmy has to pick up the growth rate to do so .
The Restuarant deliver business could be a answer
Since your already paying for the food deliver .
I would think jimmy could deliver food and add cannabis
To the deliver or Vice versa and add food.
It’s a brilliant move. Some of it will be free advertisement
From the Restuarant . Grub hub , Uber eat won’t touch yet.
Since it’s federal illegal and will remain illegal for a while .
Good luck people
Don’t be to Fixated on sgmd
There are so many more better stocks now .
Mq , upst , qcom , fubo , Grwg , AGFY , UGRO
And ccl , Ual . All will triple and more on average in the next 2 years . All under valued
Do to history . Nobody is more then 12 x sales today , this is not forward sales.
Meanwhile zoom , docu and others are 50 to 70x forward sales. Plus this stocks
Are growing 30 to 80 percent and better going forward .
Over time this wil play out just like when aapl was missed understood .
The short soon will get squeezed and over stay their welcome .
Btw stock do go up when interest rates go higher along with oil bc
There is no other place to put your money. Rates and Oil will pause
As the opening up story slows spending on goods and inflation and moves
To traveling . This takes away from products like computers , housing , cars and home goods .
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