AlertNot sure why people on this board even bother acknowledging the message regarding crop loss and payroll issues. Just look how the message is structured, its almost as bad as people basing their decision listening to analysts.
This is pretty simple, have a look at organigram, good financials 2 dollar increase in SP in 3 days.
This company might have an average Q2, but if it delivers solid Q3/4 and meets guidance or even be slightly below we will see the SP improve. Obviously the market has to react but if the company delivers Q over Q from this point forward we will witness an increase in SP.
At this stage of the game Supreme needs to deliver, this is the perfect timing to gain traction. Colin Moore is a respectable businessman and I trust he will provide updates during the Q2 release which will indicate whether or not this company is ready to move up a tier.
Time will tell. IMHO