RE:To opt and vulcanGood to hear from you Fit, it has been a long haul for many of us but that is to be expected from a brand new sector/industry....not that the product is new but the legalization and the legal market is new and it has it's growing pains like they all do and there is a high level of risk of which even potentially good companies don't make it for one reason or another.
I have invested in several companies in the sector over the last 4yrs+ but Supreme has been my main stake because of how it was set up and Fowler's et al focus on quality product and facilities....and I think the company is all that and much more today, probabally the template in most areas of what a successful company in this sector should be and it is just nicely on it's path to fruition today.
I would love to be able to know the answers to your questions and many others but I can only give you my opinion, which is humble because I am not a professional or have any inside infomation of the company or the industry. There are several that post and have very good info and insight and there are many not so much of anything at all. That said, I think FIRE could, and should, be doing $80-$100mil per quarter maybe by the end of CY2020...but I never thought we would be seeing the SP anywhere current levels again either?
I think the smart money is not short FIRE and with a decent sales number and report Monday will be just a taste of what current quarter will be and the growth will continue through FY2021 and beyond. Everyone has to do their DD and make the choices best for them, listen and weigh options, opinions and info gleaned to make their hopefully successful decisions. Now that you are here Fit we hope to hear more from you and all the best to you whether you buy, sell, hold or nothing, JMHO...Opt
Fitter8911 wrote: I am a long as you both are for supreme..tho I keep quiet in the background and read all the posts here..let's just say supreme can make 100 million a yr or a 25 million a quarter..what would be a realistic stock price for this sp..my average is 1.05 and wondering if I should average even lower now that I can..can we se this sp going to 1.00 or 2.00 or more in yrs to come since everyone else is struggling to get their sh..ts together...where would see this sp in say 2 yrs time..luv reading yours posts from both of you as your both know your stuff and been learning as well..thx very much boys...