RE:RE:RE:RE:oh Volume.....Your hired! Hows $100,000 ? Then we can save all that money we wasted on that investment fund and all the useless paid "news promotion"......maybe if they attracted "any partner with credibility" they might get some support. Instead its just full funding from mmcap and a short sandwich.
theTransporter wrote: I'm not arguing that they are not working hard and producing an amazing product and executing well on their business plan.
They're doing everything right except appeal to investors. They seem to put out great news releases, but the market simply does not react to them like how investors in other companies react to news releases. They cannot get the volume and the double digit percentage price movements like the others have demostrated, with follow through for days to come (look at OGI lately) going into blue sky breakouts.
Not too sure about you, but I don't like seeing my money not do anything and the management team at the company I have invested in not being capable of translating their hard work into their company's valuation in the marketplace.
It's like having an awesome baseball team that can knock it out of the park and winning games, but if you're not selling tickets and filling that stadium, your performance doens't really matter. Supreme needs to bring in the buyers and sell those tickets.
Look as Sunniva (SNN) today. They posted a news release on record prelimanary Q1 revenue. They decided not to wait until posting it in their earnings report. Look at the interest that is bringing into their stock today? Supreme today knows what they made in Q2 which just finished on March 31. Why wait until mid-May to show us those revenue numbers? They can do exactly what Sunniva did and on Monday release a prelimanary Q2 report on revenue. Now is the time to do it during a bullish market (look at the S&P today!). There's a big wave moving pot stocks forward righ tnow (except Supreme) and now is the time to flex some muscle, strut your stuff, and have the stock price react favourable.
It will be stupid for them to wait until mid-May to release these numbers considering they most likely will be double of Q1.