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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

View:
Post by weedinvestor on Apr 03, 2018 6:29pm

WTF Happend

The whole sector is being trashed, is bill C-45 dead? Anyone? Is this one big conspiracy? Is this the Twilight Zone? Tomorrow, earnings for Supreme will be out, hopefully, it will be good and the Bulls will be out to trample the Bears. If not I'll put my head between my legs and kiss and kiss my a$$ goodbye, LoL.
This sucks.
Comment by joezhang on Apr 03, 2018 7:09pm
So, buddy. How do you know the earnings will be release out by tomorrow? Any links can be shared? Please...
Comment by Investergator on Apr 03, 2018 7:28pm
Earnings will not be tommorow, buddy doesnt know what he is talking about. This has been a sad pumpboard of late. Look on sedar and see when last year they posted earnings, that will tell you when. Personally, this stock may see some red days or stagnation, in my opinion of course. If you want out then i would suggest finding an equity that has dropped in a similair fashion that might have more ...more  
Comment by weedinvestor on Apr 03, 2018 8:24pm
https://www.youtube.com/watch?v=IXBV--ter08 search for Fire on the Video if I'm wrong, post it. Also, I didn't ask for your F@ckin advice. 
Comment by Fastlane2 on Apr 04, 2018 5:55am
Barrons wrote an article that "Canadian Pot Stocks Are To High" and evaluations need to come down, therefore the entire sector got slammed, this has nothing to do with specific fundamentals on individual companies. Hold on GLTA. If you or your clients are looking at Canadian marijuana stocks as a veritable gold mine, some sober thinking may be in order. Thats the takeaway from this ...more  
Comment by bbuddwisserr104 on Apr 04, 2018 7:07am
 nice downer but you left out the E.U. and others 400 million plus pop
Comment by FIREdup on Apr 04, 2018 8:06am
The article references the high multiples based on 2017 sales.  No kidding, the rec market isn't legal yet, so clearly sales in 2017 would be low and the pricing of the stocks would have to build in projections for future sales.   Amazon's P/E is over 300X and no one seems to care.  Why?  Future growth is anticipated and people are willing to pay now based on ...more  
Comment by weedinvestor on Apr 04, 2018 8:18am
my sentiments exactly
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