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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

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Post by vulcan123456789 on Feb 08, 2021 4:26pm

remain positive

its not a great deal but atleast we stayed green.. ill take green any day.. good volume .. stronger base.. trying to hold us down. they spent a great amount of shares. we have tomorrow and could break further north.. cheers
Comment by theTransporter on Feb 08, 2021 4:45pm
Also could break support and dip back into the $0.20s. Earnings will need to exceed expectations by far to move the needle here.  Simply acheving expectations will not be good enough to overcome the manipulation here. This needs a $20M+ quarter.
Comment by johnale on Feb 08, 2021 7:20pm
Well lets be realistic here. Lots of retail with eyes on this now, supreme will be ebita positive and going to show some real traction in recreational sales - so the quarter should be positive enough that we will hold these gains. Maybe track slightly higher with 14-15mil. If we beat analysts expectations 15.5 - 17mil - then I think we push higher and test a .45 resistance. Should break it. A beat ...more  
Comment by KingBagholder on Feb 08, 2021 9:20pm
johnale, do you have an estimate on whether they'll address the negative gross margins. That's still a big question mark.
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