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
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
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
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
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