RE:Q1 resultstheTransporter wrote: My guess is next Q results next week going to suck and there are those "in the know" already and have been selling hand over first over the last couple of weeks. Only retail folk are last to know (when the results are officially released) and then another hard drop.
If they do suck next week, then the question at the AGM to management is WHO was in the KNOW before the results came out that had first advantage to sell?
If sellers are "in the know" and selling on news that the public "does not know" is called insider trading and very illegal - therefore I would assume that none of that is going on.
Clearly there is panic and uncertainty amongst investors - but most may be due to what is occuring outside Supreme. The warning signs from the inverted bond yeild has created some fear of the future of the economy. The issues and losses that have occured with some of the other big MJ stocks in the last quarters. The issues with CannTrust growing pot illegally. The issues with vaping where deaths have possibly been linked, Supply issues with Canada, as well as average price gaps between legal and illegal market.
Obviously there is a slew of things that are occuring and it is very volitile for the whole MJ sector - things will eventually blow over, and when things keep getting more and more established, profits will keep getting higher - IMO