Post by
Ghostinthedark on Mar 18, 2020 12:51pm
Will Supreme Canabis--FIRE survive?
Highly unlikely----. stock is trading at an all-time low of .15 cents...
.15 cents...
.15 cents.
Supreme Cannabis is the quintessential penny stock, and most penny stocks don't survive.
Secondly, the entire global economy is going into recession, as the markets sink.....
Thirdly, the company's sales and revenue contracted in the most recent quarter---look how low the stock is trading.
Sad times. I expect FIRE, HEXO, TRST, TGOD to probably be sold for parts or end up in bankruptcy by the end of summer---1 or 2 quarters from now.
Comment by
johnale on Mar 18, 2020 1:09pm
Fire will survive and thrive in this post apocalypse. stop fear mongoring. They have enough cash to survive - especially with capital expenditure done. hexo, trust, tgod, maybe aurora, may go bankrupt. only creates more opportunity for fire.