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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 LiLy2021 on Apr 12, 2021 11:17am

Just sold 50k..

What a crappy situation to be in. 

This thing might drop to the low .30's, and I'll be back to being a six figure under water bag holder again, except that this time I won't have the luxury of waiting it out. I'll be forced in bed with Tweed. 

Aurum was saying that the buyout price is .60, so anybody selling now would be a fool. Not sure if he knew that there was so cash option (that'd be heaven for me), only a fixed multiplier of conversion to Tweed shares. 

I have just started selling a bit. Order not filled yet, despite selling at market price.  Not sure what I'm getting, perhaps .38.

Comment by GustheGreek on Apr 12, 2021 11:21am
below 30s, yeah sure... so Aphria does sh!t, and the whole sector goes down??? I'm holding until June, easy double!!!
Comment by LiLy2021 on Apr 12, 2021 2:56pm
  Can you please put your pom poms down and explain to me why it's an easy double 'till June?  Are you assuming that Tweed will double from here and no chance it will go down to the 20's? I sold another 50k shares. I'm slowly reducing my position, and hopefully will be out before that fateful day.  It's only money I'm losing, so that's good. What I ...more  
Comment by vulcan123456789 on Apr 12, 2021 11:28am
lily we each have to do whats comfortable for us.. at the time of announcement we were stting at conversion price .44i believe.. but that price is tied to 37.74 canopy price... we dont get .60.. that would be the case if weed was in the 50s ... me im not confortable sitting around.. i will sell fire at highest price i can and buy weed lowest price.. its not an exchange at the same time.. also ...more  
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