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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) > Last trade of the day drops supreme again...
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Post by Bever73 on Feb 15, 2019 4:05pm

Last trade of the day drops supreme again...

Day after day final trade manipulation; mid-day light volume selling; when is supreme mgmt gonna find some allies to counter this??
Comment by Gilbert90 on Feb 15, 2019 4:16pm
@ Bever73 :  There was no trade manipulation.  The multiple MOC were from 7 differents brookers and for one brookers you can have more than 1 selelrs.  SO to manipulate the stock you should have at least 7 guys coordinating themselves to dump the stcok trough 7 different brookers.  For what??? 0,02$ drop.  No it doesn't make sense.
Comment by Mrderalick on Feb 15, 2019 4:36pm
Here is my understanding in as little words as possible.  MOC is a order, buy or sell at a fair value.  Institutions/hedge/large investors will sell lower or buy high on a MOC to make sure they get there shares. Sometimes these large blocks effect the price one way drastically. So that sell from 1.92 to 1.84 gave some scares  but I see someone wanted a lot of share. Now put that ...more  
Comment by Mrderalick on Feb 15, 2019 4:40pm
Edit the large sell from 1.92-1.84 wasn’t a SELL it was a BUY rated MOC of a couple of MILLION shares that brought the price down. Neat when you look at it that way
Comment by Gilbert90 on Feb 15, 2019 4:44pm
@ Mrderalick : ...Edit the large sell from 1.92-1.84 wasn’t a SELL.... I was a MOC put by a seller (brokker anonymous001) whcih was bought by a multitude of different buyers at 1,84$. A Buy MOC would have see the S.P. going up and not down.
Comment by donaldmac on Feb 15, 2019 4:43pm
What if they are all at the same Investment firm and also .02 means allot of money if you are trading 100 th of thousands of shares 
Comment by Mrderalick on Feb 15, 2019 5:15pm
My understanding is that Sellers SELL into that BUY MOC If it were the other way around should have seen a hire price. Ive personally never seen that days MOC but I to me it makes more sense to buy at the 1.84 then it does to sell after that perfect correction and literalitly the bottom of this bounce. TSX FELLA’S Hold Strong this FIRE is long.  Bahahaha ha I just made that up!
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