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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

View:
Post by Method on May 25, 2020 12:12pm

FIRE on FIRE

Hope the stock keeps going!


Anyone not interested in chasing there is lots of volume in the FIRE.DB and they haven't moved yet. Definitely for investors and not for day traders.

Comment by nearnorth101 on May 25, 2020 12:24pm
with Fire up so much in the last week and a lot of volume on Fire.DB why are the debentures not going too
Comment by Method on May 25, 2020 12:43pm
It looks like BMO has a big seller. It's either an opportunity or the stock move is a fakeout. I'm in the former camp. 
Comment by nearnorth101 on May 25, 2020 12:48pm
I guess we'll see over the coming weeks, I'm hoping both Fire and Fire.DB keep heading higher
Comment by Method on May 25, 2020 12:55pm
Keep? FIRE.DB is basically on its all time lows.  The math doesn't make sense such that this situation persists until maturity. There should be lots of movement between now and maturity. It's like that house analogy we discussed before. The house (EV) is selling for ~$300m, the first mortgage (bank loan)  is $60m, the second morgage (FIRE.DB) is $100m and the remaining equity  ...more  
Comment by nearnorth101 on May 25, 2020 1:09pm
so maybe shortly when my position in Fire has doubled I'll sell half my shares and buy some Fire.DB at $27 :)
Comment by Method on May 25, 2020 2:28pm
  it's already more than doubled from 15 cents. 
Comment by nearnorth101 on May 25, 2020 2:31pm
I wish I got shares @ .15 , I'm in at .26
Comment by MoneyTalks7 on May 25, 2020 2:45pm
Don't complain if you got in while others gave up their shares at a loss. It's all a game, flushing out weak hands. Stay strong with your beliefs that Supreme will do well in the future, just a reminder that Supreme has valuable licenses ---I wouldn't want to be a new company trying to get into this space.
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