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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

Comment by Go0B3ron Jan 03, 2020 2:36pm
79 Views
Post# 30516123

RE:Misappropriate

RE:MisappropriateYou said it Fast, I have been scratching my head as to why so many bad decisions are being made within the investment community when it comes to weed stocks, and to be honest I wouldn't put it past the MM's to have planned exactly this.  Hate to say it, but there's just as much money to be made on the way down as there is on the way up for these large firms and this push down in the last two years has been historical in my own books, even more so then the previous 3 years, since it's always fun times on the way up.  Psychology is on their side, particularly with the onslaught of self managing investors entering the market and getting caught playing a game they weren't fully prepared for.  Portfolio management at your finger tips -  I watched as the reddit #weedstocks community grow from just a few thousand people to over 130 thousand subscribers... 
 
Rule of thumb for the markets is simple.  You can't always be sure what the games being played are, but you can bet your life savings that there is a game being played by Market Makers(MM's).  Unfortunately by the time us little fish see it, it's too late and we're caught in the current.  The only way around the stress of losing it all is to invest in good companies with a proper chance of growth and upside to their stock price.  I've not worried about Supreme since they announced "Premium quality" flower at scale, something no other LP has been able to deliver on. 

Wishing everyone a wonderful new year


Fastlane2 wrote: Talking about a disfunctional market, CannTrust  recieves continued listing notice from the NYSE, then it provides a default staus report and indicates 'no material change' CannTrust stock up 4.21% too many dilusional investors chasing garbage.


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