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Bullboard - Stock Discussion Forum 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 Discussion

Supreme Cannabis Company Inc. (The) > 10.3 mil volume... 28.7mil in 2 days
View:
Post by johnale on Nov 09, 2020 6:59pm

10.3 mil volume... 28.7mil in 2 days

10.3 mil today, 18.4 mil Friday - 

28.7mil volume in 2 days and less than a week now to
earnings. 

Once again - whoever wanted liquidity - did they not get it? 

And

whose buying those shares...

Comment by watchmeplz on Nov 09, 2020 7:52pm
In my opinion, the same cores problems did not disappear, uninformed crowd and traders trying to sneak in for a half cent, make up the bulk of the purchases probably. When you have 480+mil shares your talking about a 5.9% turnover, nothing out of the ordindary on politically motivated push due to bidens laxed view on mmj. However, USA means nothing to canada and only more silly competition ...more  
Comment by theTransporter on Nov 09, 2020 8:03pm
28.7 million and NOTHING TO SHOW FOR IT!!
Comment by johnale on Nov 09, 2020 8:20pm
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 ...more  
Comment by theTransporter on Nov 09, 2020 8:44pm
New buyers who will be happy to exit at a lot lower price than many longs here thus would be a very slow ride up.
Comment by George141 on Nov 09, 2020 10:11pm
..a slow ride up is the best...less likely for huge sell offs...which bring poice down...I would be happy with a price escalation of half a penny every 2 days ..instead of 10% hikes which trigger selloffs. I know ole Monkey sells 100 shares...his whole networth..and buys a bag of peanuts...well that won't make much difference...but you get some outfit dumpin a million shares..at a penny profit ...more  
Comment by puppymonkeybaby on Nov 10, 2020 8:15am
There is no accumlulation here. Its short sell, cover, short sell, cover, short sell cover... and so on and so fourth. 
Comment by ThePizzaMan on Nov 10, 2020 9:01am
You are wrong, lots of people accumulating shares here and I'm one of the many  I bought at this price 5 or 6 years ago held it for a few years and was rewarded handsomely, I plan to do the same again. I remember the same negativity being said back then , just different names...... chefboy69. Comes to mind!! Transporter is still here , he was a great supporter of the company in the ...more  
Comment by watchmeplz on Nov 10, 2020 10:13am
In my opinion, Clearly you don't understand why this is .14c and it's not just bad luck and ceo problems. Look at virtually every mmj co. they've all departed, its fundamentals, its legislation. ACB is still taking 50m+ loss quarters, that's crazy! It has a 2 billion dollar market cap, think of how much profit they need to justify that market cap and for years now straight losses ...more  
Comment by watchmeplz on Nov 10, 2020 10:19am
In my opinion, look at every single recently reported financials, acb, weed, tlry, all different sales volume, all different market caps, all different teams and ceos, all of them, LOSS. Check their financials just released, sales don't matter when it's always at a loss. I expect it only to get worse as cost per gram keeps sliding and personal production facilities continue to ramp up ...more  
Comment by vulcan123456789 on Nov 10, 2020 12:55pm
are you helping everyone on all other weed stocks or do you really like us here.. dont really see you anywhere else.. a self interest short is what I see
Comment by watchmeplz on Nov 10, 2020 3:01pm
In my opinion, Truth hurts doesn't it? Haven't been wrong from $2 down to now, look at my history. I've been to other boards, but conveniently we look at your history and it's only been on supreme. Sounding pretty skeptical to call me out and only been on 1 board yourself? Sounds like your opt's brother part of a broker group that got held up in past financing and can' ...more  
Comment by George141 on Nov 10, 2020 1:37pm
+..are you saying Pizzaman and Chefboy69 are the same person...there is one way to know...squize nosetrills and say "5 minutes to the snackbar"..the way we used to hear it trough the window speaker at the drive inn..5 minutes before snack bar closed. that's how we know for sure...(voice recognition not required)...maintain
Comment by Method on Nov 09, 2020 8:49pm
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). 
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