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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 FIREdup on Dec 21, 2018 10:18am

Tax Loss Selling

Keep in mind a lot of folks are selling pre-December 31 to recognize losses.  This selling pressure will soon pass.  There are lots of positive news releases coming down the pipe which should come early in the New Year.

I've seen a lot of comments on this board about the reverse split.  I really don't think this has had any major impact on the share price.  Look around at all other MJ stocks.  All are down considerably right now.
Comment by ROIcrusader on Dec 21, 2018 2:42pm
Tax loss selling will continue until the 26th ish as trades need two days to settle. I think both are contributing to the downturn in the stock price, I think this is a great time to be a buyer from a technical trading perspective. GLTA
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