Supreme Cannabis Company Inc. (The) T.FIRE

Glimmers of hope 2019 into 2020

[Fastlane2]

Trying to find some positives for the share price even though fundamentals are good. Resistance points at $0.67 and $0.69 then $0.83 then $0.86 then $1.01 all can be surpassed with volume. I'm sticking to my guns that Supreme will hit hard resistance at $1.27 $1.29ish with a hard cap at $1.41 A question on the short position on Supreme as of December 1st reporting 4.6 million shares held short and the latest report date of December 15th. 2.15 million shares held short. Looking at historical data December, January and February are the months with the lowest short positions. Supreme needs interest in a third party and that's not the retail investor.

[Vulcan]

good info thanks for input

[OptGreen]

Pretty hard to see much positive with a $0.65 SP Fast, other than something less say $0.25 would not be kind...with the rest of the main players in the sector in much the same boat it makes it much easier to take. The short positions will all but dry up over the next couple of quarters for FIRE and for most of the rest that will be able to re-tool, make the adjustments necessary to survive the

[watchmeplz]

Imo, It's hovering in the .60c range because of the book value of what the bank borrowed, also the hard assets of the company, however another disappointing quarter is going to dramatically change that decoupling the two leaving this in freefall. The current legislation isn't set up to support LP's and maybe one day it might be a great idea to invest in a super modified version of an

[johnale]

I think your logic is sound for a certain majority of the sector - but your bearish sentiment is severely misplaced with FIRE. ... let me tell you why -  firstly - those companies who are not well capitalized will struggle and may go bankrupt. reducing the competition(noise) to an extent Supreme is extremely well capatilized for the forseable fututre.  secondly  - its is well

[George141]

..excellent analysis johnale. You hit the nail on the head on every point. The bashers are running out of options to sound off legitimate concerns. we have some bright minds on this board...I wont mention but we all know they are here. it is the underlying factor that tells me Supreme is a good company to hang one's hot on...so is is my point...how about making that the 'seventh' point

[OptGreen]

Very nicely laid out joh, being accurate, fact based and on the conservative side will mess with the cupcakes and their pumper prattle, but then again when they spew nothing but bullshite and nonsense, it will be bullshite as usual. The insider investment does not appear be be anything significantly negative/ concerning, with everything else being solidly on track to fruition, especially funding

[George141]

..all this talk...will dissipate into real action skyward before we know it...they say when Rock Hudson went to heaven "he blew all the prophets"...maintain