Post by
AnnoyedInvestor on Jan 07, 2020 3:47pm
Bashers/Pumpers/Supreme
As stated many times before Supreme was my first investment back about 5 years ago. It was a great investment but would've been even better if Supreme was about pumping their company like the rest and actually managed to release any type of news on time. They went on such a long spree without news and are always 2 steps behind every other LP. As if the CEOs were noobs and had no idea the right direction to take the company. Personally, I would've been happier if Stadnyk stayed and remained CEO. I stopped taking Fowler seriously when I found out about his work history, and personality. By the time Nav, another noobie was in I had already sold majority of my position. Of the 200k shares I had, I remain holding onto 10k shares I got from the 25c warrants. Not sure why people spend their time defending this company and its CEOs still. They could grow weed but who cares? So could every other LP. I don't care about premium weed as it's all the same to me. I've tried all 7 Acres product and it was okay, I don't see the hype. There are a lot better choices at the dispensary. Also not sure where majority of you live but in my local dispensary they started with 7 Acres in their "premium shelf section" but for months has been sitting on the floor with every strain available any time I walk in. This is because nobody is buying the product, not because they're restocking due to its popularity. As someone else stated here earlier today telling you not to marry a stock is 100% right. This lesson is an expensive lesson and nobody will listen until it's too late. The "bashers" here are 100% hating the company because it hurt their finances in the past. Their bashing comes with anger. They could give proper advice without bashing. I remember seeing Brent here many years ago as a cheerleader as well. I remember him being a lot more active on Twitter as well so my assumption is that he lost a lot of money too. Maybe not but just a feeling. Tommy is another one, has been claiming the company is going down for almost a year. His facts were on point but his delivery methods are pure trash. Also don't understand how the rest of you "pumpers" can't get a hold of yourselves. The company has failed you time and time again. Take action if this is your main and only investment, get answers, don't just sit there taking what the company gives you while they make money from you and you sit 3 years into the red hoping for a recovery. Sometimes taking a loss is all you can do. Be real and realize that the days of 30% + jumps are long long gone. Do you realize what it would be for Supreme to even reach its current 52w high? That's over 300%. Be REAL with yourselves. If ANYONE expected this type of recovery anywhere don't you think there would be a flock of buyers and no sellers? It is sad to see Supreme at these lows from almost 4 years ago. At this point and price Supreme is a likely buy out target, and as mentioned by others it won't be anywhere near it's 52w high. Basher or not there is always more than one outcome. WIN Bashers - screwed if it recovers, lose nothing but no money made. Pumpers - make a lot of $. LOSE Bashers - no money made, no money lost. Pumpers - money + time lost. Always think about what you're willing to lose, even when you have something to gain. May be a pointless post but it may reach some. Best of luck to all with any investment/s they choose to go with.
Comment by
brentkosta on Jan 07, 2020 4:20pm
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Comment by
brentkosta on Jan 07, 2020 4:59pm
This post has been removed in accordance with Community Policy