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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 theTransporteron Jan 27, 2021 6:25pm
193 Views
Post# 32403510

RE:Secrecy

RE:Secrecy
VK400S wrote: I feel like, by not releasing news and keeping shareholders in the dark, they are trying to build suspense and then unleash the hounds for a "wow" effect.


I used to think that once upon a time, but after a while, you realize there is no big release of a "wow" effect news.  They just don't have anything to deliver.  They are very slowly playing the "let our numbers prove themselves" game... but very very slow.



At least I hope so. But the truth is that even if it's the case and they come out with an amazing Q2 ER, some news on expansion or whatever, they still won't make up for everything lost up to date.


And this is the issue.  Even when Q2 comes out with another quarter that proves QoQ growth, the stock is sitting at such a low with additional dilution, that a 30% rally would only get us to $0.23.  Maybe see $0.25 the most and many here will celebreate that (i.e. OptGreen, vulcan, etc).

I may be wrong if MMcap is done selling and the ATM is closed, then you may see a short squeeze that can really push this up hard.

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