RE:RE:RE:Where's all the pumpers now?Realist610 wrote:
You're absolutely right, every weedetock is down right now but they're also not down to the point where the stock price was 2 years ago.
Are you taking into account that Supreme was a rather late attendee to the party? I may be mistaken, but not by much, however it took Health Canada a long time to grant Supreme their license all due to things beyond Supreme’s control, much longer than most, if not the longest of all. A lot of the others were off and running while HC dragged their feet in getting Supreme’s license. Unfortunately they didn’t catch the wave.
Right now SP is not an indicator of company potential or future performance. During hype times it is only an indicator of the perception of inexperienced ‘investors’. The hype is over and going forward the biggest driving factor will be profits. Supreme are on the cusp of more than tripling their output, and they have the money to do it. Name another company in that position right now? And the market is gyring for product.
All that said, many here had bought Supreme for $0.10 and sold some at $3.00+. No matter how you look at it, that represents some pretty good gains.