RE:Coocked Turkey dinner...Agreed WC on the focus of past performance, the past has passed and the changes with Moore taking the helm will leave the poor performance where it belongs, in the past, but not forgotten for lessons learned.
To not deal with the changes and the guidance is unrealistic, we need to see the results of the next 7mos to determine anything about today or the future...while the Fowler tenure was probably the most successful in the sector for where the industry was and is going and built the company based on that premise, the management of and growing as a business was left lagging and now that is being changed and this company will have it all.
Business is not a new phenomenon but the growing of and marketing of cannabis at scale is and now that Fowler et al brought the quality and how to get there, Moore will bring the business side to the same level.
The progress should be second to none in the near term and better than most going forward and the best part is they are not behind in any material way so far, we need the guidance start to play out before any change can be realized and I don't think this a huge task for Moore to achieve in spades, as it is square in his wheelhouse and we will know to what degree over the next weeks and months. There is no better picture in the industry over the near term than FIRE, JMHO...Opt
WCoyote wrote: The fundamentals for the company are outstanding. There is no arguing that. However, as most of you know, the fundamentals don’t amount to much these days. Perception is everything. There have been too many tiny little slip-ups on the part of Supreme over the years. They also have a penchant for over-promising and under delivering. Never a good thing in a perspective game. It’s stuff like this that has given Supreme a bad reputation and all the great financial fundamentals in the world don’t stand a chance against a bunch tiny “Uh-oh’s” and unrealized promises.
It’s going to take a lot to turn this around. A good quarter, or even profits are not going to do it. It needs a face lift and can of paint, if you know what I mean. This won’t happen if the management teams don’t care about us, their investors. They do not hold much of a stake in the company, so there is no incentive to correct the market perspective.