Supreme Cannabis Company Inc. (The) T.FIRE

Trader 007

[maritimedreamer]

All over the Supreme stock today.... buying everything, dropping the price quickly, buying back, small lots, big lots, etc....... Be interesting what end of day will bring. 
I believe 007 is TD? I could be wrong tho.

[JRSDIRECT]

Confirming TD is 007

[JRSDIRECT]

Confirming TD is 007

[maritimedreamer]

Thanks JRS, are you seeing the same things?

[JRSDIRECT]

Saw 12 trades in the last 30 minutes - TD to TD; small lots (100, 200) and some TD to CIBC; again small lots. Over 1 million traded on the day 

[JRSDIRECT]

Hi MD, I'm not understanding the small 200 trades with TD and Quest Trade from a commission standpoint. $10 flat trade (unless you have some serious holdings with the broker). So a $350 order and paying $10 (need a 3% return just to cover the commission). Why trade so small. In the event that I come across stupid to all fellow investors on the board reading this. Bash if you want, on what

[maritimedreamer]

well IMO there are two ways to look at it (imo) 1) Small retial investors not looking at % of trade based on fee/ only $ they have but more looking long term potential of this stock stock. Buying 350 shares now @ 2$ when it could hit 10$, a juicy profit then. as As said, better to own then being on side line type thing..... 2) Stock manipulation of small lots to give impression of scenario 1 above

[JRSDIRECT]

Thanks for the insight. I can appreacite the small plays based on investors affordability and maybe their equity and risk diversification. Just peculiar when you see such a large majority of trades today with 100 and 200 lots 

[Chefboy69]

this stock has been and will always be a traders stock its the liquidity of the stock...i stayed away becaus i hated the way it traded and now i sucked it up and am LONG

[Chefboy69]

look at the daily spreads..always at least 0.10 or more and its one of the cheapest ALMOST BIG BOYS....day traders galore deal with it