Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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) > 🤷‍♂️🤷‍♂️🤷‍♂️I have a question ??????
View:
Post by cottagetime on Mar 01, 2021 5:43pm

🤷‍♂️🤷‍♂️🤷‍♂️I have a question ??????

Please can someone explain to all us stock holders why is this company being held back in price ??? When it starts to go a low order to sell pops in , as if they don't want it over $.30 , can anyone please explain company is doing very well ??$$$$ thanks
Comment by 541house on Mar 01, 2021 6:24pm
cottagetime , notice you didnt get a response from all the posters here?? Thats because they are the reason, everytime it moves up a penny they dump a bunch of shares into the market!! When it goes down a penny they buy!! Bunch of shorters and daytraders here so beware and welcome to penny stock hell!!!
Comment by Greenman519 on Mar 01, 2021 11:46pm
Maybe no one had responded yet because only 40 minutes had lapsed since cottagetime asked the question and your stupid response.. ps. it's after hours, and most people who have a life are eating dinner with their families... not trolling stockhouse bullboards posting 130 negative posts in a week (ya I counted) on a stock they dont like. 
Comment by 541house on Mar 02, 2021 12:05am
This post has been removed in accordance with Community Policy
Comment by 541house on Mar 02, 2021 12:12am
greenman519  the original post from cottage had a 164 reads but not one response!!  no one had time to respond?lmfao feel stupid yet???
Comment by neilmakenomoney on Mar 02, 2021 6:52am
I feel the stock is being held down because there is a deal for us to be sold. This is pure speculation. I say this because I saw the same thing happen with LHS. LHS had very weak volume and then it suddenly picked up but the stock price didnt do anything. Just kept getting pushed back down. I think they call it a pump and dump? LHS got bought out. Anyway that is my theory. Our volumes are pretty ...more  
Comment by Kalsabor on Mar 02, 2021 7:12am
I'm no expert but why would bmo "invest" in supreme if it's about to be sold
Comment by Kalsabor on Apr 08, 2021 5:21pm
now we know
Comment by StayInvested on Mar 02, 2021 9:43am
The largest stake holders of this are MMCap, and they have a significant portion of convertible debentures that are convertible at 0.45$. They earn 11.06% interested annually for the next 4 years on those debs. So not only do they get to accumulate shares cheaply, it gets cheaper the longer they hold.  Pretty easy to see why this is being held down, and why MMCap probably "politely" ...more  
Comment by ridingrockets on Mar 02, 2021 10:17am
buy hold - the more rec market Supreme takes the more real investors will take notice and want to get in. This stock unfortunately for the impatient is not an overnight get rich company. Be patient imo. They will be a big player in Canadas domestic multi billion dollar market...
Comment by Reachme on Mar 02, 2021 10:28am
good post this morning
Comment by whateveryousay on Mar 02, 2021 11:16am
Trading in and out of the Cannabis stocks is risky I have bought in completely on this and TGIF in the US and know that it may take a year for a nice gain.Fire is on track to be a big player in Canada with a smart and cautious strategy which will make them a stable earner.Most of the other big growers tried to expand too quickly and ended up having to sell assests and waste 3/4 of their low grtade ...more  
Comment by 541house on Mar 02, 2021 12:37pm
So what you are saying is penny flips at this level is safe because if you get stuck with fire shares it will only go up from here? Good idea let's try it
Comment by Sparky12 on Mar 02, 2021 4:00pm
i hope you are right, but I have held 10000 of this stock when I bought in at 1.77....it will take a friggin miracle for me to break even....stock is too diluted......
Comment by Reachme on Mar 02, 2021 4:03pm
1.77 was like 2 years ago...what a stupid individual you are LOLLL.....instead of opening an account today you should have sold you shares LOLLLLLL  imbecile lol
Comment by Sparky12 on Mar 02, 2021 4:10pm
yes 2 years ago and it climbed to almost 3 and I did not sell. should of could of blah blah blah...what is done is done. 15k is nothing i am not crying about it, just want to send a warning out there to those that think FIRE has a chance to go big. Will not happen.... again thanks for the insults...stay classy Reachme.
Comment by Reachme on Mar 02, 2021 4:14pm
Next time do the opposite....when you will sell your shares.....wait for 2 years before telling us about it stupid LOL Warn yourself loser LOL FAKE INVESTOR
Comment by Sparky12 on Mar 02, 2021 4:16pm
LMAO...you are a true gem....wow 
Comment by 541house on Mar 02, 2021 5:44pm
Hey reachme grow up!! What is wrong with you?
Comment by Freelancer7777 on Mar 02, 2021 8:20pm
Just hold those shares don’t listen to the fools on here . No big producer has efficiencies like Supreme. 
Comment by GoCash1 on Mar 02, 2021 4:10pm
Should buy another 20,000 shares and average your price down to well under a buck...then you will get your original money back after a couple more quarters in the black and a lil but of sector hype....just saying.
Comment by Sparky12 on Mar 02, 2021 4:12pm
No I am not going to throw good money after bad. If its gets near a 1.00 I will sell it all and take a lose. there are better stocks to invest in with more capitol. this was a one off for me and I rolled the dice and crapped out.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities