Supreme Cannabis Company Inc. (The) T.FIRE

Shorts

[BCmountainman]

BAN SHORT SELLING  NOW LIKE EUROPE IS DOING GET YOUR STUFF TOGETHER AND STOP THIS NONSENSE.

[Vulcan]

fully agree.. it should have never been legal.. you either invest because you believe or sell based on performance... the lying.. bashing.. stretching truth and scare tactics. are those of low morals jmho cheers

[Method]

  Shorts don't matter in the long run. It just gives longs more opportunities to buy the stock cheap which they should appreciate. 

[Vulcan]

i wouldnt agree with that... im sure everyone could do without opprotunities like the value of their stock being artificially deflated in price.. its like one person wanting to buy a house in a neighborhood.. and massive crime rate gets in the neighborhood.. .. ya it gives some people the opportunity to buy in that area cheap.. but im sure others that bought at much higher prices are not pleased..

[Method]

  it's more your neighbours selling a house because they think crime in your neighborhood is going up. Someone buying new in the neighborhood might get a good price but it will bounce back as the crime statistics show it's not a problem and the bonus is you end up with smarter neighbours. Buying the FIRE.DB, is like buying a second mortgage on the house that is on sale for 26

[Vulcan]

we could go on but ill agree to disagree. cheers

[Method]

What did you think of the second mortgage analogy for the FIRE.DB? The first mortgage is the bank line of course. Not many second mortgages have 125% interest rates (YTM) like this one but thats why its a bargain. Especially if you own equity as well.

[OptGreen]

Agreed Vulc not much daylight between Meth and the shorts, no need for 2nd mortgage as they start to generate profit and paydown/ restucture existing debt...they both have to try to sell their position big now before the numbers come in and SP is northbound. Why take a back seat when one is already in the driver's? FIRE has done it's restructuring and now it needs the numbers before there

[Method]

There is a giant difference between me and the shorts. I am LONG foremost but higher up in the capital structure because I don't have your confidence or vision. I also want the equity to go higher which seems the opposite of a short. No one is more excited than me for FIRE to not need its second mortgage when they pay them off next October (or maybe sooner!). Right now the FIRE.DB quote is

[brentkosta]

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[Method]

  Are you long FIRE.DB, Brent? It seems cheap based on your previous estimate of the intrinsic value of the business.

[brentkosta]

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[Method]

I thought you were a more sophisticated investor like Jonhale and Opt.  The reason, I thought you might like the converts is beccause, I think you previously thought the equity was worth 15 cents which would mean 100 cents on the dollar for the FIRE.DB or more than triple the current offer price of 32.  I think Vulcan mentioned a housing analogy. Think of the house value being equal to

[brentkosta]

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[Method]

Thanks Brent. I can tell from your questions that you are indeed a noobie. Interest is paid every 6 months. June and December. So 10% yield every 6 months based on the current offer.  Will the company be able to liquidate its assets? I don't know. They have tangible assets around $160m at the end of December, if they can liquidate for that, we could get full recovery, if it's

[johnale]

Method - you obviously know your stuff - and your analysis is logical. thanks for sharing. Despite your condescension.  I said to you before - I agree with you in part. as a long investor - sure. I could see investing in both at some ratio to take advantage of different scenarios.  But you are basing a lot of these risk mitigation  investing decisions on a buisness from the

[LIESliesLIESman]

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[Method]

I am not trying to condescend. I got the impression from you and Opt that you are long term investors and not traders. You guys like to compare me to a short because I guess my time horizon is longer than 4 months. I don't think there are any long term investors other than me on this board then..

[Vulcan]

sorry but your wrong.my friend.. many of us are long.. ive been here for 3 yrs or so.. as are others.. i will remain here for a long time yet.. a good realistic price i will cash out 25 perent. and few yrs from now another 25 percent.. ill hold 50 percent for dividends.. i do as others here hold considerable shares. cheers

[brentkosta]

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[johnale]

one - I don't speak for opt? but Im a long term investor here. overinvested here for the next year to average down - but see this as a long term cash cow.  two - i don't compare you to a short? you just use the "sky is falling" argument to justify a debenture investment. even now - when you yourself say that you don't think thats the case.  three - obviously

[Method]

One - you see this as a long term cash cow but you don't like the actual related cash cow in he debentures. Two - I don't have a sky is falling argument. I have the sky might fall argument. There is a difference.  Three - That's true but if anyone was long term they would see the debentures are a better bet if you are willing to own the equity at all at these levels.  I

[johnale]

It's like you don't even read my post?  I agree that as a long investor having the debenture is not a bad investment. 3x your money from here is great! this is the 4th time I'm saying this.  your confusing what I'm saying - regarding the next 4 mths.  you are convinced at this juncture that I should sell all my shares and buy all the debenture bc it's a

[Method]

We'll see. It's hard to raise $100m all at once.

[OptGreen]

joh gives you a more than fair assessment Meth, you are still trying to sell 'less is more' and by your own account, as you have said if Moore and team execute and the company is successful/ suvives that FIRE.T shares will generate much greater returns. You are investing in failure Meth or you have something against the best return on your investment, either way it falls much more in line

[jfogarty12]

We still have to wait Opt  a  month  - MAY 15 for those big numbers  and you know what the big numbers did absolutely NOTHING  for Aphria   up .54 cents day one and right back to 5$ three days later we have HOPE but not much!      everyone preaching CRASH for the summer - oh joy not enough crash for the past year?  makes you want to resort

[theTransporter]

Seasonal rules no longer at play with all this sh1t going on.  We're in unchartered territory for a while but definately lots of news about substantial increased and sustained demandf or cannabis during this hard time.  Market seems to wait to see results before reacting to it. Aphria had great results for a company already valued at $1.3B. Supreme only valued at $99M has an

[OptGreen]

Agreed Trans, the market is on a learning curve with the sector but the sector is here to stay, as it is growing exponentially across the globe. The med side is already gaining recognition and support across the planet daily and as more R&D funding is made available cannabis products will replace much of the garbage our medical system offers and promotes today. With most all of the existing

[OptGreen]

Hope is always positive jf but we need the sales of which seem to be getting better by the day.....as they ramp up we will see those net margins move to profit realized in the near term. APHA et al have big issues to deal with yet while FIRE has nothing but execution to full production to focus on....FIRE has most material capital expenditures done with for now and can focus all their resources

[johnale]

The reason aphria went right back down JF is (I listened to the conference call) - they gave some bearish guidance.  most recent order from Alberta was a big decrease - and they retracted their full yr guidance.  like opt said - without diving too deep - they have their own issues.  this most definitely will not be fire - if we see them beat analysts consensus estimates of 13mil

[jfogarty12]

Like 55 million Revenue for one quarter  and after three days your share price remains the same(aphria) tough market    there has to be a lot of money being made on shorting a stock because they do it every day with 3 /4 that I follow  up a penny or two and boom right back down...making serious cash on half a penny .... you have to wonder WHEN it will end -- some big event

[OptGreen]

There is more to the APHA story jf there was discussion on joh's comments from the con call with APHA, while joh was accurate on what APHA was saying there was other info that contradicted what APHA was reporting on their state of affairs....there was an article or two if memory serves? They have other issues and there was something with the sales that was other than what they were reporting

[maritimedreamer]

From what little I know of APH report there was potentially Questionable financial padding...their bio inventory almost jumped again to something like 220m (could be off here) and yet wrote off no goodwill? Why such inventory and yet still purchasing on the wholesale market, at a premium. Quality issues? ( they do have an extraction/processing facility opening near term so mb for that).  Also

[BCmountainman]

Ban short selling

[BCmountainman]

What are you talking about it was the short selling that brought it back down stop spreading BS

[brentkosta]

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