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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 Fastlane2 on Oct 22, 2018 10:04am

FIRE is a disaster

I'm beside myself with this stock and company, trying to do analysis on this gives me a headache. What do insiders/MM investors know that us retail shareholders don't know? Losing my patience owning this stock but what scares me and I'm sure most investors is that the tide may turn at any moment. This is certainly my worst investment and thankfully only 8% of my holdings, Godspeed.
Comment by Gilbert90 on Oct 22, 2018 10:07am
@Fastlane2 :  All the market is plunging. -6% (ACB, HMMJ) -8% (WEED) -11% (HIP) FIRE at -9,3% is in the average drop.
Comment by Realist610 on Oct 22, 2018 10:11am
This post has been removed in accordance with Community Policy
Comment by Gilbert90 on Oct 22, 2018 10:10am
@ Fatslane2 :  Even compagny that doesn't have to do with Canadian market are dropping fast (ie. : LDS which is in California is dropping -7%)
Comment by FIREdup on Oct 22, 2018 10:11am
This is an industry wide adjustment that appears to be related to Andrew Scheer not committing to weed being legal if the conservatives get elected.  All companies, including the big boys are getting hammered. I am as frustrated as anyone with the FIRE shareprice, but selling in a panic at this stage of the game does not make sense in my view.  
Comment by Realist610 on Oct 22, 2018 10:14am
This post has been removed in accordance with Community Policy
Comment by Fastlane2 on Oct 22, 2018 10:23am
By no means am I selling, but for f**ksake to watch the cannabis market rise recently and watch FIRE trade sideways tells me that somebody has a straggle hold on the stock. I can guarantee one thing, I will not be deploying any new money towards Supreme unless I see a news release speaking about progress. The latest news release talking about using some of the 100 million to finish the existing ...more  
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