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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) > About last Friday on E.Q.
View:
Post by Gilbert90 on Feb 12, 2019 5:10pm

About last Friday on E.Q.

On Friday, February 12, 2009 FIRE’s stock price dropped from $2.21 to $1.92 – on a newsless-day.

The internet’s collective brain-trust toss up a puddle of theories: “They walk it up and down while retail takes it in the but” “Lol – the shorties got carried away today” “Looks like a lot of downward pressure attempts to buy in cheap before financials Tuesday.” “3 million share Market-On-Close Order sell from Anonymous today – doesn’t just look like profit-taking”.

Market-on-close orders are executed at or just after closing. These orders do not specify a target price.  It ensures that the transaction is executed, but it leaves the investor vulnerable to end-of-day price moves.

We’ll leave the analysis of Friday’s anomalous trading activity to the technical chartists and conspiracy theorists.

Supreme grows premium quality weed.  That’s its religion. Its hobby.  And the reason it exists.

Comment by Go0B3r on Feb 12, 2019 6:37pm
that's awesome, they used quotes of CEO for this... You got a link for the article Gilbert?  would greatly appreciate it...
Comment by Gilbert90 on Feb 12, 2019 9:58pm
@ Go0B3r  :  The article is on Equity Guru (E.G.).  Be aware that Supreme Cannabis is a client of E.Q. So even in a non paid article, E.G.will almost always paint a nice portrait of Supreme.  That being said, the part that is about last Friday isn't to cover Supreme Cannabis. https://equity.guru/2019/02/12/supreme-cannabis-fire-t-q2-2019-revenue-surges-359-q1-2018/
Comment by Go0B3r on Feb 12, 2019 10:19pm
Awesome, thanks Gilbert!  Notice they got the date completely wrong in the article? "On Friday, February 12, 2009 FIRE’s stock price dropped from $2.21 to $1.92 – on a newsless-day."
Comment by Gilbert90 on Feb 13, 2019 8:24am
@ Go0B3r :  ...Notice they got the date completely wrong in the article? "On Friday, February 12, 2009 ...  Don'T worry, the first time they put out the map (about FIRE's provincial agreement) I had to email them to point errors.  But you know, FIRE is a paid client of EquityGuru but the contrary is also true.  E.G. staff are customers of FIRE and I think they ...more  
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