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Bullboard - Stock Discussion Forum 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 Discussion

Supreme Cannabis Company Inc. (The) > For Those Taking Profits
View:
Post by FIREdup on Jan 03, 2018 8:39pm

For Those Taking Profits

I scratch my head reading the board today.  Multiple people in a panicked frenzy to sell as FIRE sets yet another 52 week high and jumps over 20%.  ACB has been on a similar run.  And look at WEED's stock chart in the past 2 weeks.  Are people going to sell off these companies as well?  

Market Caps:
WEED - 6.2B
ACB - 5.4B
FIRE - 600M

Is WEED really worth 10X FIRE?

One talking about dumping money in a company that doesn't even have a licence yet.  Another predicting $1.80 by Friday?!  

Will tomorrow be a down day.  Maybe.  What about next week?  Or the week after?  Just wait for February financials and an LOI with ON that will come at some point soon. Only way to go is up from here in the next few months.

Take your profits and enjoy a nice steak dinner.  I on the other hand will hold long.  I too will have a nice steak dinner.  In my new cottage smoking my Supreme in late July when I take my profits!
Comment by ganti68 on Jan 03, 2018 8:48pm
atta boy!!! im in 41/2 years and thats the way it is long and strong king kong!!! excellent read!!! https://www.youtube.com/watch?v=ydmPh4MXT3g Ya gotta check this out  FIRE!!!!!!
Comment by backhoegypsy on Jan 03, 2018 8:50pm
Hey firedup, I agree and was wondering if that was all hype and a bashing tactic to create some sense of an emergency that people wont be able to sell their shares.I had no problems and am also planning on riding this train for a while.I dropped a few shares today for full disclosure, but still hold 80% of my fire
Comment by FIREdup on Jan 03, 2018 9:13pm
I did not mean that to be interpreted as bashing in any form for any of the stocks mentioned.  Simply meant that when you look at the market caps and stock charts of ACB and WEED, I think FIRE has tons of upside.  I don't really understand selling a great stock just to realize some profits when plenty more will be on the table.  
Comment by SnoopDawggyDawg on Jan 03, 2018 8:52pm
That's funny, I was thinking the exact same thing. I've learned my lesson regarding profit taking. I took profits way too early when I held Canopy and Aurora, and I mean way too early. And I thought I was a part time day trader, selling a bit here and investing a bit there, only to find myself chasing an SP with dread, thinking that I missed the boat. Not any more. Yeah, we might be down a ...more  
Comment by supremegreen on Jan 03, 2018 10:00pm
In @ .47c for 180 000 shares. I took some profit today. Stupid not to. Might buy a steak dinner after stopping by the corvette dealer. Or might load up again if it drops. No ragrets, still lots of skin in tge game.
Comment by Tomharley on Jan 03, 2018 10:41pm
What's your point? Congrats on making 6 times your money. When other stocks are making 20 30 40 times money. Cause they don't have a scumbag lawyer running the show. Cheers. Imagine you put that 90 grande into canopy. Well i guess you could buy a lambo.
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