Supreme Cannabis Company Inc. (The) T.FIRE

Canaccord

[nearnorth101]

Supreme Cannabis Company Inc Price Target Cut to C$0.50/Share From C$1.00 by Canaccord Genuity

Tuesday, May 19, 2020, 12:16 PM ET

 

Ratings actions from Baystreet: https://www.baystreet.ca

(END) Dow Jones Newswires
May 19, 2020 12:16 ET (16:16 G

[BCmountainman]

no wonder they are a much of short sellers I want this stock to keep going up and hurt the ffffffffff out of them like they hurt the ffffffffff out of honest hard working people that put there money in a good company and they try to destroy it lets hurt them for once not me of course because i do not own anymore lol.

[Whybuy!]

He lowered his target for Supreme Cannabis Co. (FIRE-T) to 50 cents from $1 with a “speculative buy” rating (unchanged). The average is 57 cents. “On the back of another disappointing quarter that saw little progression in its top line and a balance sheet that we believe will make it challenging for Supreme to re-accelerate its growth initiatives (with significant maturities coming due

[BCmountainman]

Stop trying to back up your company.

[OptGreen]

Bottomley says his theory is based on poor sales in past quarters and besides he had the $1 target since the SP was ~$2.00 Wb. It could be he is covering off another year or so with this one? I think the sales for the quarter were low balled to make sure current quarter is going to be right up there to start off continued revenues from full production grows. Beena has all the necessary cautionary