RE:RE:RE:RE:RE:RE:RE:RE:oh Volume.....Yes! Supreme knows this as well; thats why ex lawyer still does all the marketing...pathetic they know they messed up by putting in another rookie but dont want to admit it; morons. quote=theTransporter]
Fastlane2 wrote: Hey OptGreen, no angle I wasn't looking to do anything other than agree with Transporters comment. I agree with you guys on the business plan and the health of the company yet the share price does not totally reflect where the company is or where it's going, hence the question why? So many cannabis companies have ramped up their production and provided less revenue to the public yet their share price rises dramatically that's why I concluded that it has to be internal and enough that the MM's don't want to own or even trade FIRE, good luck with this investment but don't forget to ask yourself why the investment community has valued Supreme below it's peers.
I'm still invested here as I know if I applied the exact same valuation rules being used for others in this sector, Supreme is trading at least 25% of the valuation it would be valued at. I guess I'm a hopeful that one day it would be recognized by the market for its position in the marketplace and have that valuation refelcted in its stock price, however today, it is not being valued by the same set of rules and something is keeping this down in the gutter. Manegement is highly to blame for this as they haven't taken any measures to stimulate the stock price and properly sell this company's value to institutional investors. Either nothign has been done, or no one is biting for some reason.
I've considered selling several times and franky I should have as I would have been able to throw a dart blindfolded at any other ticker and made more money than here, and sadly still be able to re-enter at the exact same fuc.king price!
I think the problem is leadership. The current CEO does not appeal to the market. One look at him and people laugh and move on to another company that has a seasoned CEO that knows how to speak to the market. Someone who is assertive and confident, something severly lacking in Nav.[/quote]