Supreme Cannabis Company Inc. (The) T.FIRE

Financial Post

[Pedal2themetal7]

The above noted article only confirms, what a lot of investors have been saying all along, the retail investors are being used as a tool, and count for absolutely nothing in this heavily manipulated sector.

With Supreme failing to stay competitive with the other leaders in this industry the past two years, it is now an uphill battle attempting to reach comparable market cap and SP, hence the reason why a lot of investors linked to Supreme make their money shorting/purchase on a dip, and sell.  

Supreme is a penny stock, in a volatile market, and with hedge funds utilizing every loopholes available in order to make money, the technical investors utilize their tolerance levels, and stratigically buy and sell at specific times, in order to keep their money moving, and generate gains with a diversified portfolio.

The RS is obviously a strategy which has been decided, and already adopted, the only thing missing is when it will be utilized.

If it is utilized in the near future, there is a high likelyhood it will have a negative effect on the retail investors.

If someone holds 50,000 shares, post split will be 10,000, and with the industry being bear and completely controlled by funds and influential investors, I beleive that it wouldn't come close to the comparable of $8.50.

Investors will be left hoping that it can reach that level so they can break even or make a few dollars, and get out, something that might never happen, as most companies will fail.

Even with good balance sheets, and product on the shelf, these funds can still dictate the SP.  

This is a penny stock and anything can happen, the reason why a lot of investors are shorting, but also believe it has great potential, and retain it on their watchlist, as it might be a decent long in the future.

Not being negative, only realistic.

[maritimedreamer]

this is a good post .... this market is very volatile and not everyone will survive. The RS will have challenges if not copmleted at a proper time (which is states at their timing... so could be any time but hopefully later). I think this is why supreme is presenting this as they do not percieve themselves as a penny stock any longer and i would tend to agree. What their SP and MC dictate and the

[Gilbert90]

@ maritimedreamer : You have been writing : ...if they can keep showing value and expanding (which with Malta, Turkey, germany)...  Do you think that a merger or Acqusition with WAYL (formally known as Maricann) could be a good move.  WAYL is as twiceundervalue at 105 Millions as FIRE is at 447 Millions and Wayl is already in Malta, Germany, Italy and Switzerland.  It's presence

[maritimedreamer]

tbh i don't see a merger i would see an aquisition.... be that Supreme buys someone or someone buys out supreme.... i hope for door # 1..... but supreme will probably merge if it would save them from being bought out. they keep cards close to their chests.... i feel like there is an internaitonal story coming, but where when and how...... tbd.... 

[maritimedreamer]

this agrconsult guy is all over the place recently..... he just posted a picture of being in Lesotho for some sort of gala........ hopefully locking things down and making moves