RE:RE:Supreme Adjusts EBITDA to Make It Look Like They’re Making $Now "not making profit" and a $0.90 entry point, you are not even on the page RG. Have look at last Sept estimates for ACB and WEED, I don't recall anything near a 50-60% drop in their SP.
FIRE did not perform and as necessary changes/upgrades were made and are underway, such as inhouse packaging and distribution, Dhaliwal came out with clear and specific guidance for estimated near and longer term performance.
While WEED and ACB may be lucky to meet let alone better their 52wk highs by Sept 19/20, it is much more likely that FIRE will be close to and better their current 52wk high. But $0.90, man, if you hold any shares you better look at selling, JMHO...Opt
RealistGhost21 wrote: Thats right. They are still not making profit. They report $14 millions lost for Q4 and for FY they got $61 millions in deficit. To make a long story short the limits capacity of this compagny je toi small and doesn't attract confidence and probably never will. So far the market is right and the SP is heading South. IMO, a safe entry would be $0,90 cents not $US of course.
AwareInvestor wrote: The Supreme Cannabis Co. made good on last month’s projection that they would do $19 million in sales in the quarter ending June. FIRE hit the number on the mark. Having grown their SG&A expenses only slightly since the last period, there’s a case to be made that Supreme has successfully scaled, but they don’t make it easy to tell.