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Supreme Cannabis Company Inc. (The) T.FIRE

The Supreme Cannabis Co Inc is a Canada-based company engaged in the production and sale of medical and recreational cannabis. Its portfolio includes products that address recreational, medical, and wellness consumers. Its brands include BlissCo, Truverra, 7ACRES, Sugarleaf, and Hiway.


TSX:FIRE - Post by User

Post by 9Fingerson May 29, 2019 3:57pm
137 Views
Post# 29782796

On the brink...

On the brink...I don't know about all this....I'm gettin' shaky here boys!   Been holding for awhile with about 70,000+ shares.  I'm still up overall but saw a lot of my gains wiped out (mainly because I'm a greedy b*stard and didn't sell when the going was good).

The fact of the matter is, not one person on this board, whether they be a pumper or a basher knows what will happen with the market in general, let alone specifically FIRE.

Everyone can say the company is trash and will continue to plummet down to pennies and eventually disintegrate, but in my humble and uneducated opinion, I just don't think that's realistic.  What we've seen thus far is promising year-over-year growth, albeit at a slow and steady pace.

My feeling is that the market is ultimately cyclical and although we're in a downturn now, I'm confident we'll see further growth and a resurgence with this stock and many others.  The MJ market is still a crying baby swaddled in a blanket, so until it matures into a respectable young adult, I don't think we'll see any huge movement upwards.  

In closing, I've accepted that the stock market is nothing but gambling (regardless of "expert" analysis and the occasional good call), and for that reason I'm going to let my chips ride and accept whatever outcome will come our way.

I'm also heavily investing in real estate in my city, so I'll have that as a cushion should this all blow up in our faces in a giant flaming ball of clusterf*ck.

Time + Patience = $$$$

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