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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) > Trend reversal almost
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Post by Pedal2themetal7 on Jul 18, 2019 7:35pm

Trend reversal almost

I like what the company has done lately, and hope they won’t feel pressured to list on a major US exchange. I hate to utilize OGI at times, but they gradually built the company , and from 2017 to 2019 shown steady growth,and once they were on a strong foundation graduated to Nasdaq. A company entering the US exchange on shaky ground, won’t get any traction, and risk delisting. A number of investors believe it is a magic cure, and it isn’t. Supreme didn’t get on the hype train, but instead is building a long lasting company. With what I see at the moment, if grown organically, we could see $4 to $6 by Spring of 2020, giving the company time to strengthen their balance sheet, and by then earnings will reflect growth, quarter after quarter. In past posts I mentioned SP on numerous occasions, I only want to see the SP reflect  it’s current value, and steady market reaction. If they are truly what they are advertising, the SP will catch to the earnings.

i was one of the impatient investor, due to my lack of industry knowledge, I believe 2020 will be a stepping stone. IMO
Comment by M4DM4X on Jul 19, 2019 10:51am
Yeah, NOPE. Literally NOPE to everything you just wrote. Stop spreading BS false numbers, BS price targets, BS comparisons to real companies, BS about shoulda-woulda-coulda. It's July 2019, and FIRE sucks. Time for some FACTS with Uncle Max: -If FIRE had the same market cap as OGI, it would only be trading at around $3.00 - And this is assuming they won't have another RS - NOT $6 ...more  
Comment by M4DM4X on Jul 19, 2019 10:51am
And also, this needs to CLOSE ABOVE $1.55 today, or expect more pain next week.
Comment by Billionaire_2B on Jul 19, 2019 11:18am
Max, all good points, So you here on the short side or why are you here. Just curious. I'm here losing hope and money... I liked the company and what they were doing and how they were doing it, but now it looks like their spending way more than they're selling. Just like the rest of them... -B
Comment by maritimedreamer on Jul 19, 2019 11:45am
B, i'm going to chime in here....... you have to understand that any of our quarterly's as of late were only based on a small percentage of the overall grow space. Also, Supreme's inventory etc has dramatically increased since march and on (new grow rooms finally producing more product)..... before march supreme would sell out and take a few weeks to restock. Now when they sell out ...more  
Comment by Billionaire_2B on Jul 19, 2019 1:03pm
Thanks MD, appreciate positivity and sorry to make negative comments, I do believe strongly in the CO, over most in the industry, but man I'm down alot of dinero. Such a small market cap and pretty heafty sales from a smaller organization, top notch product, just never expected to see these levels... Have a great weekend all. -B
Comment by maritimedreamer on Jul 19, 2019 1:31pm
trust me i never thought we were going to be below 1.50 again either...... but that is how the market plays. Their SP has yet to catch up to their true value..... i would perfer this situation then the opposite where companies have high SP and need to perform to even maintain that SP....... the hype is gone.....
Comment by OptGreen on Jul 19, 2019 2:43pm
I was just looking at a couple of Science/ Tech funds I invested in 20yrs+ ago md, one has doubled and the other triple....even at current SP FIRE has done as good  and better. The SP today is soon to be a bargain basement price barring some extraordinary event/ action by all accounts, while not so much for many of the rest in the sector going forward. The SP is the least of my worries with ...more  
Comment by Fastlane2 on Jul 19, 2019 4:33pm
Hey maritime stop your BS and propaganda, Supreme can't account for all of their cannabis (did it get burned or destroyed?) Did they report out on much cannabis they sold? No they didn't hence the write up on Seeking Alpha about being opaque. definition; not transparent. That's why the stock and company struggles with investor confidence, it's only you and Opt that are freaking ...more  
Comment by maritimedreamer on Jul 20, 2019 5:18am
Reading post while opening a jar of 7acres Jean guy....smell the terpines, nice dense buds, amazing smoke.....read your post again and laugh. Moving on.....
Comment by OptGreen on Jul 20, 2019 3:51pm
No propaganda required Fast as reality and facts are all that is required....I was having a hard time with the cupcake approach here from one of the more seasoned on the board and can only sum up with a short play. The only delusion here is you thinking anyone is going to sell, give the most valuable stock in the sector, the hottest sector on the globe...good luck with that but come in like a man ...more  
Comment by Fastlane2 on Jul 21, 2019 7:23am
it's the same old story with you guys as you wear your rose coloured glasses, keeping owning this underachiever and watch your investment stall for another year. JF on his world tour on your dime promoting what? You keep saying "look out the shorts are going to get burned" or "weak hands" lot's of shares to trade here and nobody is getting burned lol. A lot more coming ...more  
Comment by OptGreen on Jul 21, 2019 1:56pm
This has nothing to do with what I am saying Fast, my view has nothing to with hope, misguided faith in hype and bullshite....I see this company as a business and more importantly a business in a brand new marketplace with the greatest potential for growth since the birth of the .COM marketplace. This company has had quality product as job 1 from the jump and with the clearest understanding of the ...more  
Comment by donaldmac on Jul 21, 2019 1:59pm
Very good statement
Comment by stockman40 on Jul 22, 2019 1:51am
This post has been removed in accordance with Community Policy
Comment by Fastlane2 on Jul 19, 2019 4:25pm
Who doesn't appreciate truths about what Fowler really stands for, the guy is truly an egomaniac (JF first and foremost, watch this guy talk; totally full of himself) focus on the company you d azz, thanks for the read M4DM4X
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