M4DM4X wrote:
You've obviously moved from cannabis to crack.
Fowler DUMPING shares is a huge red flag - key word here is DUMPING, he didn't just sell a few thousand shares so he could feed his fat a$$ for the week, he DUMPED over a million shares - 50% of his holdings if I'm not mistaken.
There's definitely more to the story, and unless Supreme does some sort of damage control on Monday, this will dip hard, because it's quite simple - If they say nothing, investors will assume, and there's nothing positive that can be assumed about this situation.
I wrote on here a few months back that Supreme was pushing fat Fowler out the door when he "decided to step down" and Dhaliwal took over, and all the FIRE pumpers on here came to his rescue, eager to get Fowler's balls on their chins.
So pumpers, what's your excuse for Fowler now?
The best case scenario is that Fowler was kicked off the BOD (completely FIRED) and like a baby, he decided to dump all his shares to "get even". This would make sense given his history of narcissistic behaviour.
Watch and see, there's a lot more to this story..... "Coincidentally" he's been a ghost on Twitter since the 4th (the day he DUMPED all those shares).
johnale wrote: the market has a funny way of taking what you think will happen and flipping it on its head....
excellent revenues and adj ebita positive taking big market share from the bigger Lp's (proving the investment thesis in FIRE) and yet we go down from 2+ to 1 dollar/share - a nice 50%+ haircut.
trade at 2x guided revenues of THIS YEAR.
Fowler sells 1.7mil shares at 52 week lows and we ............. (obviously go down right?)
remeber we still sell out everywhere and our production for this Q should be about 22-26k kg - which is a max out revenue of 35 mil+ - + truverra rev and Blissco rev (1.5mil their first q)
on the low end i see about 25mil rev - high end 30+ - could even be cash flow positive.
tier 1 financing from bank, oils licence - who knows what will happen tomorow........