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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 johnaleon Feb 12, 2021 2:13pm
164 Views
Post# 32554423

RE:RE:RE:How in the F_ _ k does this stay flat or red????

RE:RE:RE:How in the F_ _ k does this stay flat or red????

Today seemed eerily planned. But given 150% run up last 5days, and the "sell the news" mentality.  

but no one can deny they improved fundamentals, larger market share, revenue growth, and improved valuation that comes with it. 

if you got frustrated and sold at 20 - you missed a 100% gain. Even if you were holding for a year. 

I expect re-rating from analysts and increased positioning in ETFs. 

rebalancing should bring more cash to this play. 

You have a much wider retail audience now with eyes on this play. Run ups should be easier. People looking for entry points knowing the company is solid. Growing awareness on USA side. 

I see stagnation as less of an issue going forward. 

 


theTransporter wrote:

johnale wrote:

I'm buying the dip - we'll rebound next week. 

 



You think?  Or next quarter as always?

FIRE is doing what it does best, F.UCK their shareholders.   Today is a reminder why NOBODY wants to invest here as it almost gurantees a loss on investment.  FIRE will now go into a dormant hybernation mode for 3 months as it erodes back down to 25c.

If the sector is enjoying a 10x on earnings valuation multiple, you bet FIRE will only have 2x.  Different rules here.



 

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