Supreme Cannabis Company Inc. (The) T.FIRE

Short position 16.2mil -

[johnale]

Short position increased to 16.2mil - up 4mil shares in the last 2 weeks. this is the greatest increase in the last 2 yrs. 

we have moved up during that period but - slowly - and now you know why. 

The reason shorts increased is because there is a share release jan 9th - and instead of selling day of - looks like those deb hedgers have already sold short knowing they have shares covered. 

Outside of MM - there is 13mil shares unlocking - of which a good portion are probably to be sold off. 

This is really positive - because the selling has happened early - and with all this volume - we may have a path to move up now.

[maritimedreamer]

Yeah I was shocked when I saw the short numbers....did not think about it that way. on a side note....check out this..... https://twitter.com/mmjmikeelkin/status/1347140857800118272?s=21   we came in 5th place for pre roll sales at 490k in month of dec (if I'm reading that properly).    

[Nearnorth1234]

the only thing I see on that chart is Blissco $34,994

[maritimedreamer]

7acres #5 490 I....add blissco and we moved to 4th 

[theTransporter]

I'm surprised Sugarleaf isn't listed.  I thought that brand was their first to have pre-rolls.  I guess it isn't doing as well.

[Nearnorth1234]

once I clicked on it I saw it too, awesome, bodes well for Supreme, still would be nice to get some NR's once and awhile ...

[johnale]

I think - if they are being strategic - we should see something released next week Monday/Tuesday co-inciding  with the share un-lock.  I think most already shorted their position away. But - a positive corporate update could help us spring-load forward out of this abyss we have been in.  with USA market opening up - you have to think someone wants beena on their team...... 

[maritimedreamer]

We can hope that but supreme track record never seem to do the strategic right thing....or heck even release news. I hope I a, wrong but supreme doesn't seem to do anything to support itself or the stock, just focusing on their numbers,,,,which is good but we all need more. As I type I look at supreme being red where everyone else green.....just pathetic.....the control of this stock is

[Nearnorth1234]

pathetic

[Pedal2themetal7]

It's all conjecture at the moment with the limited information available, and it is obvious not much will change regarding updates therefore it would appear we are faced with a wait and see scenario, nothing new with this company. By looking at the shares issued between Dec 23 and 29, one can conclude the board and management are tapping themselves on the shoulder. At the moment it is at our

[maritimedreamer]

Good post pedal.... although sometimes I don't like reading what you write doesn't mean that you are not providing insightful commentary.  My frustration is with myself and supreme though. That said it is curious to why they did the options etc when they did....although not like we will really ever truly know why. The company cannot remain this silent....what r they waiting for?

[johnale]

nice find - 7acres is number 5 - THIS IS BC only as well.  supreme ahead of ogi, aurora, pure sun farms - and a bunch of other LPs.  this is awesome to see. Helps confirm that their rec sales took a leap forward in q2. can't wait to see the numbers - I think the options and rsu payments to insiders is a reward for their great quarter. (Let's hope at least) 

[theTransporter]

If Beena would only be smart enough, or demonstrate her loyalty to delivering on shareholder value, by CLOSING the ATM!!! She's giving shorts the perfect vehicle to cover through.  She's doing sharehodlers a disservice by keeping the ATM open. If they don't need the cash, why have it?  Unless they actally need the cash and that's a whole other area of concern.

[Nearnorth1234]

I agree if they don't need the cash, since they are supposedly cash flow posititve now the ATM should be shut down

[vulcan123456789]

yes any many here constantly insist there are few if any shorts.. they say insignificant ... with the barkers on here its it's obvious cheers