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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

Supreme Cannabis Company Inc. (The) > everyone needs to calm down
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Post by vulcan123456789 on Sep 12, 2020 6:39am

everyone needs to calm down

it's not fair to call out opt or others on thier positivity.. as well there is no call for shorts to pat yourself on the back and assume you knew how the market would react all along. nobody knows shtt till its announced.. go back re read comments in q3 report as well as new launches of products.. hiway..sugarleaf.. we have made great progress and are on track.. there is pressure right now with new shares flooding the market.. apparently they are not holding out for higher prices. some are willing to just take what cash they can.. why I dont know. I'll hold my position and accumulate at these prices until q1 reported.. then make my decision to hold further or partially liquidate.. but at these fire sale prices I will continue to buy. I got 3 orders fri and will transfer some more cash mon to take advantage of this opprotunity.. again its q1 b4 i will make any desision to sell any... nobody knows anything until there is announcements on q4 and q1. it's a couple months I'll hold and buy until then.. and I don't have to prove my orders to anyone.. b4 that's said.. show me your finances I'll then show you mine.. the panic the grandstanding both needs to stop.. it is what it is until ..there is the next two quarterly reports. do your own due diligence.. jmho cheers.. have a good weekend . stay safe.. cheers
Comment by George141 on Sep 12, 2020 8:39am
..it's funny cause the only ones hot under the collar are the self proclaimed "benefiters" from the downward slide Supreme has experienced. They must be worried their gravy train is soon to become a "hellbound train"...it won't be long now..12 days and counting...bashers enjoy it while you can...cause soon you will munchin on pizza crust left overs...maintain
Comment by OptGreen on Sep 12, 2020 1:37pm
Spot on Geo, Eas seriously had his knickers in a bunch and of course I see the usual line up lowlife are creaming eachother up as usual but there was more to it with Eas...it's better than closing green. So hoping for the nickel and loading green got him and the rest covering at a loss and it is my fault, while I would be honored if so there appears to be much more to it? There were a couple ...more  
Comment by HopefulJuan on Sep 12, 2020 12:02pm
Sometimes things look to good to be true as if the shareprice is an oversight. Good luck and agree with the strategy. 100,000 shares = $1000 / penny and helps if they do reverse split. Still a long way from a winner.
Comment by Easydraw on Sep 12, 2020 2:06pm
Yes, Opt should be called out for being dead wrong for three years and should apologize to the board accordingly.   The market has a way of punishing stupidity and it has slapped Opt over and over since he ran his first post pumping this outhouse fire. Yet, his insatiable ego to recover his own personal losses had led countless newbie followers over the cliff to the slaughter.  He& ...more  
Comment by johnale on Sep 12, 2020 2:24pm
????? Everyone makes their own decisions based on available information. Opt isn't responsible for sh7et.  what about all the analyts and their price targets...  the entire sector got crushed.... not just fire.  the market was supposed to be 4bil yr 1 - based on multiple reports from analysts - it was less than 1bil. Hence a 75% smaller market than expected and massive ...more  
Comment by johnale on Sep 12, 2020 2:33pm
Secondly - in mid November - in the midst of Q2 - Nav and the board double downed on guidance of 150-180mil for Fy2020!!!  after 10mil q1..... and knowing where they Were in q2 (probably 5mil at the time)  i talked to IR DIRECTLY!  I said, and I quote "no one in the market thinks your hitting 150, no analysts, no one" why did you confirm guidance.  answer ...more  
Comment by johnale on Sep 12, 2020 2:42pm
Thirdly -  the market is there - it's just developing way slower than anticipated. The Ontario retail expansion, (effectively doubling retail for all of Canada) and USA legalization - will be what brings this sector back to life.  the shift is to quality, at the right price point. Quality is not easy at scale - and supreme is probably one of the only ones who did it right from ...more  
Comment by OptGreen on Sep 12, 2020 4:48pm
Agreed joh and I think that they have been at it full time just not annoucing every move as it happens...plus they ran into a few snags earlier on with the CPG set up that were ironned out in short order but over all they pulled things together in fine fashion. Beena has been doing major work on the restructuring the company, as we are seeing, at the same time as a major push to get much more ...more  
Comment by OptGreen on Sep 12, 2020 3:30pm
Was the chat with IR from Nov as well joh, if so have they reaffirmed since? Beena was not mentioned in the Nov/Dec discussions, although I think she was involved at that stage of the game as the rough plan laid out at the time is pretty much what transpired but not brought into the spotlight until everything was in order at both Hain and Supreme for obvious reasons. JMHO...Opt
Comment by johnale on Sep 12, 2020 4:49pm
I think I spoke with them in early December opt.  but obviously that guidance was retracted - as with every other cannabis companies guidance. There hasn't been guidance given since - we'll see what beena says in q4. But given the market changes month to month - may be tough to forecast - especially with Covid.  ya method - agreed inventory turnover - even with shrinking ...more  
Comment by OptGreen on Sep 12, 2020 5:13pm
Still at there Eas, sounds like more painful than I thought...couldn't be anyone more deserving than you, karma is a bietch. Get some sleep Mon open is coming fast and you are going to need more than bullshite, all that money you prattle on about making off of me we both know doesn't exist ain't going to get it done. The one thing you can take to the bank is I won't be selling you ...more  
Comment by Easydraw on Sep 12, 2020 5:39pm
Hey clownshow Opty. What's going to happen Monday....am I going to be lose 95% of my cash and be wrong 36 months in a row like you? Okay Champ.   Sell me shares? Listen, I'll clue you in you tool.  I sold you my shares when the price was 10x where it is now.  Stadnyk sold you his shares, Fowler sold you his shares, Nav sold you his shares.  You know the saying ...more  
Comment by George141 on Sep 13, 2020 12:49am
...the dog that barks the loudest is the one you least worry about....the fact the bashers are barking is they are worried...AND they want these cheap shares...we could be looking at a double from here in short order...The bashers will be running for cover down to momma's basements soon. We won't hear from them once financials come out...hopefully we get some solid good news prior to ...more  
Comment by watchmeplz on Sep 13, 2020 2:06am
In my opinion, what's cheap? Because you bought at $2, I guess .14 looks cheap, but now with 450m+ that's still 60-65 million market cap, now that's crazy. I mentioned before, there's LPs with 2 mil market cap, fully selling product with little debt, so why would someone overpay for this still at .14c? Maybe Vulc, but he's still yet to prove it.  Btw, I think dun's ...more  
Comment by vulcan123456789 on Sep 13, 2020 3:25am
every share someone puts up for sale is bought.. so in effect I'm not the only buyer.. yes I am buying....will hit bank mon and put in more orders b4 financials..unless it does jump up b4 I can do it.... it wont take much at this point for me to be green on all of it and yes I started buying yrs ago and had a high average.. but no longer.. and when it does go up I will recoup my money and ...more  
Comment by OptGreen on Sep 13, 2020 1:47pm
You have wasted far to much of my time and have zero entertainment value you are a tiny minded loser that proves the solid state of affairs of this company....when a child like you comes whining and sniveling on a BB after talking large about 'nickel' all day and the SP closes at the high really takes the cake. Then the icing, huge bullshite on thick about how much money you have made as a ...more  
Comment by Easydraw on Sep 13, 2020 3:04pm
Atta boy Opty, kind of fired up today.  So that's a yes to my offer?  You make another clueless prediciton FIRE is going to the moon Monday and I say it won't. One month ban for whoever is wrong.  It seems easy for you to run your mouth but when someone calls you out  and asks you to back it up you go off on some bagholder rant.  You're really hung up on this  ...more  
Comment by Easydraw on Sep 13, 2020 4:02pm
Opty realizes he was wrong once again on the "nickel" comment and still doesn't have to balls to man up and acknowledge it. 
Comment by Easydraw on Sep 13, 2020 7:12pm
Still waiting FlOpt...you run your mouth at the bottomfeeders (who have proved you wrong for 36 months in a row) how they're gonna get a scorching squeeze on Monday and you don't think your darling FIRE is gonna move up one single penny.   The whole borad thinks you're a yapping bagholding tool. lol. 
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