Trend reversal almostI like what the company has done lately, and hope they won’t feel pressured to list on a major US exchange. I hate to utilize OGI at times, but they gradually built the company , and from 2017 to 2019 shown steady growth,and once they were on a strong foundation graduated to Nasdaq. A company entering the US exchange on shaky ground, won’t get any traction, and risk delisting. A number of investors believe it is a magic cure, and it isn’t. Supreme didn’t get on the hype train, but instead is building a long lasting company. With what I see at the moment, if grown organically, we could see $4 to $6 by Spring of 2020, giving the company time to strengthen their balance sheet, and by then earnings will reflect growth, quarter after quarter. In past posts I mentioned SP on numerous occasions, I only want to see the SP reflect it’s current value, and steady market reaction. If they are truly what they are advertising, the SP will catch to the earnings.
i was one of the impatient investor, due to my lack of industry knowledge, I believe 2020 will be a stepping stone. IMO