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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

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Post by Hedgetrimmer on Feb 10, 2021 11:19am

Refreshing

It's a new dawn. Hedgers are misunderstanding & underestimating the retail investor. In the past it was easy to pounce on an individual, now they have to deal with concentrated groups of a new generation. Don't know how they can continue on losing. All the group investor has to worry about how much clout big guys have with govt. However in no way shape or form do hedgers have as many votes as the group. Govt will look at that very closely.

Before losses mount higher perhaps they should think of getting along. Buy some shares and specualate with the rest of us. Companies will still fail, SP's will continue to fluctuate. No more borrowing & selling what you don't own. The way it should be IMO

Comment by Craiger02 on Feb 10, 2021 11:33am
Very well put Hedge!! Completely agree
Comment by Hedgetrimmer on Feb 10, 2021 3:34pm
  Thanks.... I mean you have to roll with the times. Hundreds of thousands of young people are home sitting in their parents basement. Out of work, collecting govt assistance, playing video games, willing to gamble, in touch with each other, all with one eye on the stock market. They even have their own slang. Do you think they give a damm about debentures, options, etc? No. What they care ...more  
Comment by Aurum1983 on Feb 10, 2021 3:37pm
and if FIRE gets mentioned in reddit? we will fly defying all expectations.
Comment by Hedgetrimmer on Feb 10, 2021 3:43pm
  Every day when market closes I put a high sell order in just in case, for some reason, I miss an opportunity. It could also ensure your shares don't end up in the hands of a borrowing hedge fund. 
Comment by Mgoguen99 on Feb 10, 2021 4:02pm
How high of a sell order would you place tonight, in case it jumps up high lol.
Comment by VK400S on Feb 10, 2021 4:21pm
I've heard numerous opposing theories on putting high sell orders to prevent borrowing.. Does it really work that way in Canada? naked shorts are allowed here and that means they can borrow w/o backing up with existing shares in rotation.
Comment by Hedgetrimmer on Feb 10, 2021 4:49pm
From what I understand, a naked short is allowed in Canada as long as you have a reason why you can't produce the sell order. You could say you flushed it down the toilet accidentally and it's ok. Also shares bought on margin technically also belong to the brokerage, therefore they allow them to be borrowed. But if you didn't then put a high price tag on it, they take a chance lending ...more  
Comment by noeIstrlfe on Feb 10, 2021 10:29pm
Yes that is correct. If more investors place sell orders towards their own personal bullish sales target.
Comment by TheEconomy on Feb 10, 2021 6:37pm
I read a thing on WSB about starting a Reddit Hedge Fund now that they have this much buying power! I imagine that would keep the other Hedges in check lol. 
Comment by Hedgetrimmer on Feb 10, 2021 8:16pm
A social media investment club could have as many members as they want. As I said in an earlier post, 1million members each kicking in $1000 or if you&friends are more affluent then 200,000 members each contributing $5000, doesn't matter, there's $1bn in the kitty. Good starting point. Then have a GameStop party, take down a hedge fund or two and the kitty swells. Maybe you double ...more  
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