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Supreme Cannabis Company Inc. (The) T.FIRE

The Supreme Cannabis Co Inc is a Canada-based company engaged in the production and sale of medical and recreational cannabis. Its portfolio includes products that address recreational, medical, and wellness consumers. Its brands include BlissCo, Truverra, 7ACRES, Sugarleaf, and Hiway.


TSX:FIRE - Post by User

Comment by Methodon Apr 28, 2020 10:32am
105 Views
Post# 30961600

RE:RE:RE:RE:RE:The case that FIRE is about to shake its demons and rip

RE:RE:RE:RE:RE:The case that FIRE is about to shake its demons and rip
maritimedreamer wrote:
HI Method, although you have presented some very strong arguments for Fire.DB (had to do some research since) i am still a fan of the equity..... i believe the liquidity as well as the potential SP appreciation is far above what the DB will be able to offer. But as you have stated, right now a rising SP will rise both boats. I believe your investment strategy is sound, but i believe long term the equity will outpace. 


 

Thanks for the civil response.

Why put all of your eggs in one basket though? You probably don't need liquidity on 100% of your position.

Even if the common does nothing for the next year (I know that is not your base case), you still make 300%+ on the FIRE.DB. Do you think the stock will be meaningfully north of $1 by next July?
 

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