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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) > Brutal...Just brutal
View:
Post by 9Fingers on Jan 13, 2020 3:21pm

Brutal...Just brutal

Guys and gals....I don't know anymore.  What is going on here?  How is the stock performing so poorly?  Ok, I get it, according to a couple of dudes here it's "the shittiest stock of all time", "Fowler is a fat idiot", "we're all chumps and fools", etc.   But seriously, what is the cause of the poor performance, and more importanly, will we ever see a reverse?  And don't give me the story that it's mismanaged, a scam, poorly structured etc, because the reality is that there are many shittier companies running at a higher valuation with a better performing share price.  

The real question is, assuming things turn around, does it even make sense financially (in terms of overall value/valuation/# of shares out, etc. that this can ever hit above $3?
Comment by BradCaymanR on Jan 13, 2020 3:53pm
9fingures....I have been investing in this company now for almost two years...I first bought in at over $3 ever since that i have been buying in when I think it is at its low...well omg i sure hope this is the low!!!!...I think the rerason the share price is so low is manipulation by shorters driving down the share price...I am holding all my shares and this stock will go up you just need to wait ...more  
Comment by Qczar417 on Jan 13, 2020 4:11pm
The problem is that most of Wall Street doesn't know a sativa from an indica and what a premium product is.  The good news is that the consumer does know the difference and this will be what will drive the SP.   i listened to some old doofus on BNN state that he didn't understand why cannabis wasn't priced like a spice you could buy in stores.   That's some of the ...more  
Comment by OptGreen on Jan 13, 2020 5:00pm
I hope you have your average price down to these levels BC. The current SP levels and if they push it lower are just better buying opportunities as long as you still see the value in the company that you did at $3. This SP panic is just fake news, the entire sector is down across the board, with the exception of a couple due to the over hype, the poor roll out of legal rec at every level.... with ...more  
Comment by BradCaymanR on Jan 13, 2020 5:29pm
Well OG i have my average @ 1.20 of coarse i bought @ .65 last year and agian this yearvbecause i thought there was no way it was going to go lower but i was wrong...but you are right I wish I would of sold and bought back in but hind site is always 2020 and I think this year 2020 is going to catch FIRE! 
Comment by OptGreen on Jan 13, 2020 6:15pm
It is different for me though BC, I could sell at these levels and based on my average cost I would still make a few bucks but at $3 I would have made a lot bucks. I think many focus on the wrong things like Fowler, etc for the lackluster prefomance of the company and SP and while some is justified like why we not ready for legal rec day, not packaging in-house, etc. But Fowler was 'quality ...more  
Comment by LIVEST4REAM on Jan 13, 2020 8:35pm
This post has been removed in accordance with Community Policy
Comment by Nothing2Rich on Jan 13, 2020 4:31pm
the fat idiot from the beginning had no show. Everyone else was doing interviews and other PR hype campaigns. Supreme was happy just sitting there, like the fat girl you never noticed in history class. Hopefully now with new management we can start making some noise and get the attention of the cool kids.
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