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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) > Price target of $4.50 ....really
View:
Post by RealistGhost21 on Sep 19, 2019 6:26pm

Price target of $4.50 ....really

Jason Zandberg said in September 2018 that the price target (12 months) was $4.50 (not $US of course). You won't believe it but this same guy published the same thing today!!! Unbelievable, I just  he do not manage real portfolio.

The link from his prediction in Sept 2018:
https://www.cantechletter.com/2018/09/buy-supreme-cannabis-for-a-double-pi-financial-says/

And here is the link for his prediction from today (19 Sept 2019):
https://www.cantechletter.com/2019/09/supreme-cannabis-has-a-221-per-cent-upside-says-pi-financial/
Comment by MaxTMaxT on Sep 19, 2019 6:49pm
RIGHT ON ..Exactly where i thought it should be ..........He says  that the EBITDA of 3.2 million beat his forecast of  1-1 million.....and he expects the EBITDA  to be 33-9 million for fiscal 2020 and 64.1 million  for fiscal 2021.....once the jockeying around of the sp sewttles down ,,i ezxpecrt the sp to take off like a rocket...could happen anyrtime IMO...Cheer$$$$$$$$$$$$$ ...more  
Comment by OptGreen on Sep 20, 2019 2:17am
I don't know about that RG, I though that with that large vault filled to over flowing and 50%+ of the facility at least under crop for Oct 17/18 we should a good $4bucks, as we had already hit $3.50 +or - and there was plenty of hype out there. When JZ made the projection he was not that far off based on the info he had available at the time, but much better info this time...add Jack Haze ...more  
Comment by RealistGhost21 on Sep 20, 2019 6:39am
This stock can't reach $2 and his heading South not North.  Zandberg just did a cut and paste from 18 Sept 2018 and published it again the 19 Sept 2019. Such a shame and he refuse to admit that his prediction form last year were not correct. As I said it is the market who is right not the speculation.
Comment by MaxTMaxT on Sep 20, 2019 7:56am
He DID admit his projections were wrong last year....He states that he UNDERESTIMATED earnings and growth !!
Comment by maritimedreamer on Sep 20, 2019 8:03am
supreme is a much stronger company now then last year..... you can't deny it...... i don't think production capacity is as important as it once used to be...... they are selling out of their product they produce, they have good inventory but nowhere close to others that grew horrible product and cant move it....... i think the analysts reposting this proves the strenght of this company.... ...more  
Comment by basslift on Sep 20, 2019 9:05am
The stock has been a terrible performer but at these levels it is a safe buy. The quality is there first and foremost and the quantity is ramping up. It’s also selling which is the main factor in all of this. I’m mixed on the acquisitions but the core business strategy is sound. The initial plan building failed and they are playing catch up but once the site is at full capacity they will be very ...more  
Comment by solarcradle on Sep 20, 2019 4:18pm
Every company has experienced ups and downs in performance. In hype gains, gains and losses in share price, in dilution and in dilution to come. Supreme already has an exceptionally loaded chest of assets, quality products and I feel ethics coming from workers representing Supreme. Companies will need to dillute and exercise shares to pay for development. Supreme already has a lot going for them ...more  
Comment by OptGreen on Sep 21, 2019 12:11am
Agreed SC and it was very positive that they decided to shelve the RS and grow the company organically...I really like the overall control of packaging in house and the developing and servicing their clientele, this I think will turn out to be one of the better assets they have added to the operation....and everything else is pretty well 'blue chip' now. I hear the housing market in Ont ...more  
Comment by buddalover on Sep 21, 2019 5:13am
Lowball extroidinaire dude, hang loose
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