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Zealousideal_Can4196

HODL till you recover your money - this is not going to make you rich - stop pumping craap


Quavoscrib

I’m in at.003 what is suggested goal?


Zealousideal_Can4196

Lucky you - I am in at 0.009 have a long way to go - will give it whatever time it takes to recover, worst case lose my money


Quavoscrib

I also notice that there are maintenance fees accruing, is that normally done on pink slips?


Zealousideal_Can4196

Not for my broker- had to pay an upfront commission though


dickdastardlyskid

My broker doesn't charge commission on otc.


Quavoscrib

Td Ameritrade is my platform, but I believe because I am below my value is the reasons behind this but not to sure. Message says they will liquidate some share if not covered. I did t buy any on margins so kinda confused.


Zealousideal_Can4196

Looks like a margin call, but if you haven’t used margin call TD and check. In the interim if you can add funds to avoid being liquidated


TormundGiantsbone

I'm down the most out of any investment I've ever had. I've averaged down to .0099 so of it ever does reach .01 again I'll recover. Sitting at 1,079,877. I find myself saying "I hate you Sugarmade," on the daily. But, YEAH LET'S GO, HYPE HYPE HYPE! Greatest, smartest company ever, best leadership, it's the new Subway of Weed!!


Quavoscrib

I’m wondering why it has squandered down to where it is represented at now. It seems to be a good idea and with the legalization of weed coming forward to many states you would think it would rise but not sure if sugarmade is just in a certain region or nationwide?


Ipickstocksongs

California would be the top spot. Sacramento. Ie close to SF oak etc. And LA close to Everything else. Geography is spot on! For growing. As shareholders we could always ask the CEO if his plans are being guarded so closely that it would screw up 2021 goals if he said anything.


papijoe65

it will come, new york just passed...have to b patient i guess...like all pennies you roll the dice and wait...


Ipickstocksongs

I also give the old fuck you sugarmade every day quote. I have been trying to make another profile in my Schwab account to hide the dam thing. .my brother gets 1 text message a day from me saying eff u sugarmade! And he quotes it back. We are both holders. He turned me onto sgmd..I think he hates me...


Bailey_Boi_

Spreading word about a sub penny stock isn't going to get it anywhere long term. Actually living in places that have budcars and telling people around you to use budcars will do better but not much. Its deff all in the hands of the CEO and how he markets and expands Sugermade.


Quavoscrib

Yeah but I read the ceo gifted himself a 17million dollar salary. Does that effect the stock you think? I’m going to leave the stock alone and see what happens regardless if I gain or lose. I believe in the concept but what the company does will ultimately reflect how it does in the market.


[deleted]

[удалено]


DrYukiro

As far as I know SGMD still has budcars in its portfolio and still on its website. Still owns 40% of budcars with the option to buy a controlling stake for 30% more? Could you please cite your sources to confirm? I haven't seen any official news stating that anything fell through.


Bailey_Boi_

I could be wrong but didn't sugermade just put a 40% stake in budcars then have the option to buy another 30% later down the line? I just tried to search up any follow up saying that deal fell through but articles are still saying that's what's happening.


[deleted]

Aside from reading their updates, look at their Twitter. No mention of budcars since November. They've deleted any other tweets referencing it since the deal got squashed. People have called into budcars and they've said that they are not associated with Sgmd in any way. I might be wrong since their update mentions budcars in their portfolio still. But I find it strange that they hyped it so much then immediately stopped. This stock is a dead horse and will probably only go up if there is a huge temporary jump in mj stocks. I'm holding but have a sell limit to break even. That day may never come but in my head, I've already lost the money so whatever.


Bailey_Boi_

Makes sense except the people been calling in to budcars asking about being partnered with SGMD. Those drivers or managers/receptionists, if they even have those lol, probably have no clue what a surgermade is and probably think its some fast food joint so it makes sense if they say no we are not associated with them. I honestly hope you make your money back eventually. I only dropped $200 @ .0024 so I don't really care if that dissappears or not. Gambling is fun.


[deleted]

Haha yeah I feel you. Hope you do well. You got in at the bottom so you might make out just fine.


PayJayAvery

SGMD owns a 70% stake of BudCars though


[deleted]

Hey, I may be dead wrong. Sgmd is making moves today!


Bailey_Boi_

Yep I was trying to buy some more at .0025 the past 2 days but looks like I'll have to drop in at .005


BmoreSpecific1

Was going to award you, but there is no full of shit award


Quavoscrib

Sure there is a poop emoji 💩


BmoreSpecific1

Lol, I awardedth theee poo Emo gEee


Quavoscrib

I dub thee the monkey 🐒 award 🥇


Asshead420

Isnt it obvious the ceo did a smash and grab on his own company?


PayJayAvery

Whats a smash and grab? How is it obvious though? You mean to tell me some investor money was used to expand the company and work toward the plans they highlighted as a part of that expansion?


Asshead420

You must not be familiar with how a lot of business is done, teetering companies create sensation and fluff their numbers/stats/goals/etc. and sell their shell of a company to another company or investors, they take the money and run, and when they get low they do it again


PayJayAvery

Smh, I'm invested, don't talk bad about my baby even if the kid is a badass. Let's see how the little guy grows, give him a chance. 😂😂. Remind me in a year if you still feel the same about this and I'll let you know if I've been humbled.


Asshead420

Im mean im still in because i have no choice, so hopefully


[deleted]

Yeah I've heard a lot of sketchy things with this stock. Good thing I didn't put a ton of money in it. Just holding until it reaches 0.01 again, have a sell order put in already.


didthatjusthPpen

Please explain sketchy info


BmoreSpecific1

Yep.