RE:RE:RE:over 5 bucks Agreed RR it is now time for fundamentals which is why the sector, not just FIRE, is so far off their 52wk highs and FIRE is better positioned than any at this juncture...Beena has turned things around to not only survive the near term correction sector wide but show growth and realize profit within a quarter or two even with the sluggish, to be kind, government roll out and nonexistent cleanup of the BM.
Beena has much of the inhouse cleanup done with CPG and facilities fully operational with F&H clearly getting much better traction on the ground everyday...the full FIREmenu or close to it shelved with more retailers all the time. We are cashed up and with costs well in hand FIRE will weather the growing pains of this 'budding' industry as it finds it's ground and the government hopefully starts cleaning up it's act to some degree and get those retailers open and start closing the BM.
You miss totally on Biden, we are a free people, a democacy with our freedom hanging in the balance, socialism/ state control is not something we can open the door to, even slightly and if we do our investments will be the least of our worries. I never dreamt we would be ever see us lose, more accurately 'give' up our freedom...I can still feel the price paid by all the vets since I was a kid, their main message "lest we forget", obviously few today heed this warning but no truer words were ever spoken.
https://www.msn.com/en-ca/news/canada/pm-health-officials-warn-canadians-against-believing-covid-19-internment-camps-disinformation/ar-BB1adGZx?ocid=msedgntp...if I would have read something like this 30-40yrs ago I would have laughed, today I find no humour in this at all. JMHO...Opt
RReis09 wrote: of course it will.. in time.. any new sector starts with excitement and euphoria. huge surge in price. then it becomes fundamentals ... time to prove yourself to the market.. supreme has had a great structure from the start.. right sized .. quality etc.. mistakes made by all in sector. we have corrected. we have seasoned managment with real goals and making real progress in product development and financial security.. profit not far off then we are away.. all new sectors go through this. I.e. alcohol.. dot com... many many start.. things correct then you have to prove it to the market. the survivors will soure.. supreme is a survivor.. add the pandemic into this and it explains the market.. there has been a lot of panic.. but mj will do well as will alcohol during troubled times.. add to that trump...insecurities do to irrational behavior.. via twitter and relationship with allies.. that too looks to be corrected with a Biden win.. stability to return to the world.. not knocking trump to those that support but I see more stability to the market and world relations with Biden... many things changing and it looks rosier for the industry and specifically for supreme.. jmho cheers.......Well said