PriceI believe their marketing delivery has improved over the last couple of months, but this company stickly releases minimal information, which I can respect as it is their strategy, but does it benefit the shareholders!!!
I like the company, and the product they are producing.
I believe the company is in the top 8 at the moment, and by Q4 and Q1 2020 it might even be top 2, while the other companies continue the completion of their facility, so why is the market not reacting to this company?
The market is nibbling at it, but not reacting in a positive manner, SP only goes up on green days not independently. The market reacts to money, and one example is Srproutly which a few weeks ago was at forty cents a share, and on a rumor that it was reaching an agreement with a major beverage company sent the share price to $1.04.
Supreme is still a penny stock, and I approach as such. I hope it hits the ball out of the park with Q3, so it can enter the summer between the 3 and 5 dollar range, if not it will be a stagnant summer, and interesting fall with the RS etc.
For the time being buy low sell high until it really shows it's potential.
I know I'll be called a basher, and the replies will be product in the pipeline, fundementals etc etc, but with penny stocks, and with a company that don't believe in hype etc, it is a slow grind.
Definitely worth keeping on a watch list.