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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) > Is if fair to say..
View:
Post by Mnadel01 on Jan 26, 2021 5:11pm

Is if fair to say..

BMO as the underwriters determined the risk level of this deal and found .19 as the appropriate price.  Meanwhile this stock was .14 a month ago.  I never know how scams work in these companies but in theory wouldn't buying at .19 for 20 million dollars and then it drops to .15 be a terrible thing for the investors? Or does it some how support their ability to short
Comment by brentkostaa on Jan 27, 2021 8:27am
Its always nice to have inventory when you short a stock. 
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