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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 maritimedreamer on Apr 05, 2019 8:45am

oh Volume.....

where are you? when will you come back? this stock misses you.....
Comment by theTransporter on Apr 05, 2019 11:17am
Yeah - this stock is continuing to be pathetic compared to all the activity happening to everyone else in the sector.   FIRE is like that lazy teenager that doesn't want to get out of bed and just sleep in all day.  One that is a struggle to do anything and resists any activity. While all the other stocks get up early and go to work and make money.
Comment by bambambigelo on Apr 05, 2019 11:25am
This post has been removed in accordance with Community Policy
Comment by theTransporter on Apr 05, 2019 11:42am
Everyone is up at minimum 100% since Christmas as the entire global market went to sh1t. Many have smashed their 52-week highs, and some breaking through their All Time Highs. Supreme has done neither.  It's stuck with absolutely no interest in this stock as reflected in the volume. They need to re-think how they bring awareness to this company from new investors and attract the BUYING ...more  
Comment by maritimedreamer on Apr 05, 2019 11:46am
man you have some real hate on SUpreme as of late.... but thats fine........Fire is not a lazy teen! Geeze.... they are probably working harder behind the scenes then any other company ensuring they are actually producing good product! What they are resisting to do is creating a cash buring  pig that is propped up on unrealistic future sales.  come on now transporter..... 
Comment by theTransporter on Apr 05, 2019 12:11pm
I'm not arguing that they are not working hard and producing an amazing product and executing well on their business plan. They're doing everything right except appeal to investors.  They seem to put out great news releases, but the market simply does not react to them like how investors in other companies react to news releases.  They cannot get the volume and the double ...more  
Comment by Bever73 on Apr 05, 2019 12:17pm
Your hired! Hows $100,000 ? Then we can save all that money we wasted on that investment fund and all the useless paid "news promotion"......maybe if they attracted "any partner with credibility" they might get some support. Instead its just full funding from mmcap and a short sandwich.
Comment by Bever73 on Apr 05, 2019 12:19pm
Sorry meant "advertising firm" that we grossly mispaid, wonder how much that firm would fetch if we tried to sell it....how bout nothing
Comment by jfogarty12 on Apr 05, 2019 3:24pm
Everyone knows  what happens in  May  - you are correct -- traders usually take off for the summer  so  Supreme will do  what they normally  do ... troop along  and  not even throw  the folks  a bone!
Comment by Fastlane2 on Apr 07, 2019 10:32am
From the outside looking in and the reason I exited the stock (the Transporter) has hit the nail on the head and it's what I've been saying all along, it's not Supreme's business fundamentals, but there is something morally wrong with this company. Is it the way they seem to continue to hire their family and friends? Has the executive team offended anyone with words? Is it ...more  
Comment by 2Relay on Apr 07, 2019 12:51pm
This board has to realize. Mamgment isn’t about hand over share holder value YET ! they have a plan ,what that plan is  ?
Comment by OptGreen on Apr 07, 2019 3:29pm
Not clear on your angle here Fast if not invested but the premise of what you are saying doesn't hold water....the company doesn't set or control the SP, as you know, with the understanding that their actions, policies, etc impact everything overall but the direct control of the SP on a daily basis is controlled by the traders, MMs and the news of the day. SP levels have been much lower ...more  
Comment by Fastlane2 on Apr 08, 2019 10:40am
Hey OptGreen, no angle I wasn't looking to do anything other than agree with Transporters comment. I agree with you guys on the business plan and the health of the company yet the share price does not totally reflect where the company is or where it's going, hence the question why? So many cannabis companies have ramped up their production and provided less revenue to the public yet their ...more  
Comment by theTransporter on Apr 08, 2019 10:53am
I'm still invested here as I know if I applied the exact same valuation rules being used for others in this sector, Supreme is trading at least 25% of the valuation it would be valued at.  I guess I'm a hopeful that one day it would be recognized by the market for its position in the marketplace and have that valuation refelcted in its stock price, however today, it is not being ...more  
Comment by Bever73 on Apr 08, 2019 11:04am
Yes! Supreme knows this as well; thats why ex lawyer still does all the marketing...pathetic they know they messed up by putting in another rookie but dont want to admit it; morons. quote=theTransporter] I'm still invested here as I know if I applied the exact same valuation rules being used for others in this sector, Supreme is trading at least 25% of the valuation it would be valued at ...more  
Comment by OptGreen on Apr 08, 2019 1:33pm
I see it the other way around Fast, to me first I don't see that FIRE has any real peers at this time and they are keeping the SP down because of the real value of the company and they are soaking up every share available while they can still hold it down,,,not too mention that the longs hold millions of shares and the longer the SP lags the more will hand over their shares. Most others in ...more  
Comment by theTransporter on Apr 08, 2019 2:08pm
Wouldn't you as a FIRE shareholder love if this was the case here?  Overvalued for FIRE let's say would be a $4B market cap.  That's a $13.76 share price! Why would you prefer "slow and steady and properly valued under fundamentals" vs. "overvalued hype"? Bring on the hype and overvalue TODAY vs. waiting an eternity for the former.   Damn I ...more  
Comment by OptGreen on Apr 08, 2019 3:50pm
I have had my fill of "slow and steady" as well Trans but much prefer that with FIRE than anywhere else in any sector....I will lighten my position significantly by the time we hit $13, to long in the tooth to gamble on much more than I will need, egoic based choices are of no value to me, just need to have the bases comfortably covered. Maybe the biggest concern is, as Fowler has ...more  
Comment by donaldmac on Apr 08, 2019 4:25pm
13 you have to be dreaming and also your in wonderland
Comment by Tomharley on Apr 08, 2019 9:41am
It is apparent through supreme revenue reports that they are not selling all the product they are producing. Do the math. Stop expanding and concentrate on selling product right now. Management is a joke here.
Comment by OptGreen on Apr 05, 2019 3:26pm
Not to worry md, Trans knows and he is not selling at these prices while at the same time the wait has been long from this side of the investment and one could have made a lot of coin on their investment dollar rather than have it sit for 4yrs and still be waiting on the start of what the investment was made to achieve....even if one is up ~500-600% to date, the post legal rec sales have been less ...more  
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