Comment by
Method on Apr 20, 2020 1:44pm
you could be right. If they are long the bonds, they can keep shorting. It's not like it's going to get away from them. it sets up good if there is an equity issue after results. At least there will be some buyers.
Comment by
Method on Apr 20, 2020 3:31pm
The "MM" is the market maker?
Comment by
OptGreen on Apr 20, 2020 3:48pm
That's correct Meth and they will not be moving the SP until the company is ready to support the move north and sustain it, There will be real volumes traded and the SP will head north hard, with the extremely undervalued SP levels of late, JMHO...Opt
Comment by
Method on Apr 20, 2020 4:00pm
In all my years at an investment bank, market makers never had any impact on a stock price but you know better than I do. That has been established. The other MM will have a bigger impact on the share price, I think. They are the ones who own ~80% of the FIRE.DB But, I hope you are right.
Comment by
OptGreen on Apr 20, 2020 5:55pm
Thanks again Meth, a friend and I were just talking about much the same situation but in a totally different discipline. That history ended up in a precedent setting case, hardly the situation here but many similarities just the same. FIRE will do just fine for those that own, as always it is, JMHO...Opt
Comment by
Method on Apr 20, 2020 6:35pm
Thanks Opt, so profound that I have no idea what you are talking about.
Comment by
Method on Apr 21, 2020 10:19am
They had over $100m in cash at the end of last quarter but the burn rate is high. FIRE has also has a high burn rate to date. Hopefully, you are right and they reduce that burn rate going forward. I'm sure HEXO is trying to do the same.
Comment by
Vulcan on Apr 21, 2020 8:16pm
your really a great sales person for you debentures.. not many of us are slightly interested.. shorts are an issue. enlighten us what is hularious about people's concerns.. you have many similarities to brent.. just a dif angle genius jmho cheers
Comment by
maritimedreamer on Apr 22, 2020 1:08pm
Opt, from my undestanding we have seen an increase in short positions since Dec 2019 where right now i believe we are at the highest recorded (?) 12.2 mil. That said, who holds the shorts and why? do retail really have ability to short this stock this low? i suspect not....... deep pockets know supreme has a strong future.
Comment by
Vulcan on Apr 22, 2020 5:58pm
forget your debentures.. forget shorting... can you see the positives. this company has been on the right path long b4 competitors.. quality has proven in demand.. on and in just share with us your positices on supreme cheers
Comment by
maritimedreamer on Apr 23, 2020 5:55am
Johnale, was it from supreme that said demand continued to be strong or was this your educated guess? Ie were these their words or yours? I really wonder what the hold up is for pax...those really need to hit the bc shelves ASAP....not sure how long it would be to be in all markets.....these next two q's are basically make it or break it...
Comment by
brentkosta on Apr 22, 2020 6:30pm
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