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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 Methodon Nov 09, 2020 8:49pm
104 Views
Post# 31868003

RE:RE:RE:10.3 mil volume... 28.7mil in 2 days

RE:RE:RE:10.3 mil volume... 28.7mil in 2 days

It's the work the stock needs to do I think. I don't do technicals but I understand large volume is necessary for a sustainable bottom. 

On a side note, I keep giving away Hiway prerolls to friends without the price point and all guess it's a high quality bud ($15/g vs the $5/g price). 

johnale wrote:

Ya no kidding - 28.7mil shares and price is essentially flat. 

The debt deal shares excluding MMCap is only like 13mil free trading shares and they have been available since sept 9th. they are long gone. 2 months ago. 

If method is right - and it's mostly frustrated longs selling - 
you have to think that a new base of shareholders is
forming at this level. 

In 2 days that's almost 6% of the float that changed hands. 

I think that's pretty significant. 

 

 



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