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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

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Post by Texas118 on Apr 05, 2018 2:52pm

007

Someone explain to me what 007 is up to. ? Pls.
Comment by Texas118 on Apr 06, 2018 10:23am
Can anyone give me a theory as to what 007 is doing.
Comment by Texas118 on Apr 06, 2018 10:39am
Anyone?
Comment by JRSDIRECT on Apr 06, 2018 10:57am
Hey Tex, 007 is TD Securities. You may see 007 on both the BUY and SELL because they represent investors who have TD Waterhouse Accounts.
Comment by Texas118 on Apr 06, 2018 11:04am
Then the TD has a high profile in the MJ market. I was thinking that between TD Waterhouse and anonomous 001 were manipulating our stocks. And High, back at ya JR.
Comment by JRSDIRECT on Apr 06, 2018 11:42am
Wouldn't really lean against any manipulation on those transactions. 500 shares here and there. If there was large blocks in the 10,000s+ going back and forth between 001 and 007 then maybe.. But it appears to be just some retail investing. IMO.
Comment by maritimedreamer on Apr 06, 2018 11:49am
JRS.... if i could ask...... say for example the SP was at 1.50$ and was trading back and forth at that price level .01 + or -....... then all of a sudden there is a 100 share lot sold at say 1.47$ out of nowhere....... i see this all the time.... would this not be considered manipulation? I only say this... and could be 100% wrong.... but why would someone (retail) sell .03$ lower then what the ...more  
Comment by Texas118 on Apr 06, 2018 11:57am
Ya. Like he said. 
Comment by JRSDIRECT on Apr 06, 2018 12:00pm
Good question. Not sure if I have the correct answer but I like the discussion.  Let's say the investor doesn't watch their stock. They pre-set a STOP-LOSS order in at $1.47 and a Buyer sets a LIMIT BUY at $1.47 - the 2 transactions converge and the order is filled. The Buyer most likely had a much higher quantity to buy at the $1.47 but it was only matched to the selling quantity ...more  
Comment by maritimedreamer on Apr 06, 2018 12:13pm
Thank JRS.... so lets keep this convo going. So from my understanding the SP is reflected based on the last trade conducted. So even if it is 100, 1000, 10000 shares the SP would reflect whatever the last price was sold at. (if this is correct that is).... so yes agree it is not alot of money to sell 100 shares for example but if the trade occurs then it would refeclt the price it was sold at ...more  
Comment by JRSDIRECT on Apr 06, 2018 12:30pm
Using Level 2 as a guide - you can see the upcoming bids and asks.&nbsp Using THC BioMed as the example (Real-Time) Trading at: $1.41 Highest Level 2 Ask - $1.45 Lowest Level 2 Bid - $1.35 Now if an investor throws an ask for $1.35 - order is filled. Why they would, back to the STOP LOSS order. Can 2 traders potentially collude, in theory, Yes but it;s a zero sum game - if I buy below ...more  
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