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

Supreme Cannabis Company Inc. (The) > 1,321,670 MOC SELL order

<< Previous

Bullboard Posts

Next >>

Comment by bever64on Nov 13, 2020 4:28pm

84 Views

Post# 31898236

RE:1,321,670 MOC SELL order

Relax Trans....this thing will close at .15 on monday and then hit .20 tuesday.....i personally guarentee it!

theTransporter wrote: 1,321,670 shares were literally DUMPED at the close of the market into the bids.

There obviously was an ice berg buy order that absorbed all that volume at $0.135 as the bid size at that level before close was only 433,000.

This stock is just being brutally destroyed.

Now you guys will respond "but but Q1!!"... I don't think Q1 is going to fix this issue. This issue is deeply engrained in the way this trades and nobody wants to touch this unless they can produce at minimum $20M+ revenue for the quarter then MAYBE there will be enough buyers to overcome the sellers. Realsitically they need a 20M+ share volume day on Tuesday, and once that volume is gone after a few days, this will be pounded back down.

Then come January another 110 million FREE shares wll become freely traded.