Supreme Cannabis Company Inc. (The) T.FIRE

Earnings to be released before market open means $$$$$$$$

[Cannabiznas]

They have to be happy with it to want to trade the day!

[theTransporter]

On a Friday - OUCH. Seeing all this selling pressure reminds me of the downward movement towards Q2 earnings which were dismall.  There's always some in the know.  Wonder if this is deja vu. If earnings were going to be good, they would have released them earlier in the week, not on a Friday before a weekend where typically you release bad news so you hope people forget of the

[Vulcan]

sorry bud i thought you sold and left.. welcome back.. hope your invested... with the volume lately i dont think anyone is in the know.. and dumping... volume has been exstremely low for some time.. when last report was poor.. yes seemed like there was a lot.of dumping.. and some huge volume ..this is not.the case this time around.. all i see is a lot of strong hands and some shorting games jmho

[johnale]

Nobody knows the numbers.  last quarter nav was fired jan 6 and 15% of the workforce was fired a week before release.  the poor numbers were telegraphed. They also threw in all the bad numbers in the q including .5 mil price adj present and future and write down on Medigrow.  Sometimes we look way into things (myself included) - still think a lot of the evidence and

[theTransporter]

How is that a concern?  I actually look forward to Q4 as considering the vast number of new SKUs brough to market, you do realize that any product that is available at a retailer is already REVENUE on the books for Supreme.  The sale and revenue is recorded the moment that product leaves Supreme's docks.

[johnale]

ya transporter - thats exactly what i mean. Im really looking forward to Q4 - I think it should be the quarter which really gets us to take off so to speak.  Im hoping we will get some type of previews as to the revenues we should expect for Q4.  This will get the stock to rise over the coming months.  Do you think we got some revenue from some of the new products out now

[nearnorth101]

I think that some of the revenues for the new products would have been booked in March, it seems to take a long time for the government stores to get the products up on their websites after they recieve shipment 

[brentkosta]

This post has been removed in accordance with Community Policy

[watchmeplz]

Imo, lol, and they all hold there shares through this like they've named each share and brought them into their own family as their children. It's not like they couldn't sell now and buy back for q4 if they think q4 is gonna be good, rather sit through the misery and watch paper evaporate lol.  ask yourselves, nav left during these quarters and they were trying to broker 9m of

[theTransporter]

March will include the sizable surge in sales at dispensaries during the beginning of COVID.  It will also include the product shipment that was sent out to Isreal.  I don't recall any other new products that were launched but I recall something new hit the shelves in the last week of March. It can't get any worse than Q2 numbers, just need to see how much better were they able

[maritimedreamer]

What i got from IR this week on my call was that they certainly saw the 170% increase as quoted but that was offset with the one week of store closures. What she did mention to me what that they have noticed larger purchasing orders bc they have more SKUs to offer. So their orders seemed larger then usual only based on SKUs out there. We went from what 6 to 25 (i'm not including truverra) in

[theTransporter]

Vulcan - I did sell when I told you guys back at $0.40. I have quietely re-entered my position since March and already in the green in my position again.

[Vulcan]

welcome back.... best of luck

[theTransporter]

Like I said before - history repeats itself.

[Vulcan]

that was my thought as well.. first beena comes aboard just before earnings.. they would not bring her in at that time unless things look good. give her a good start and some news to share with shareholders.. now financials before open.. they are not afraid of earnings.. not afraid of trading for the day.. if it were poor earning they would release after close.. give us time to digest it over the

[theTransporter]

Better for them to do before the day starts on Friday to let all the damage occur on Friday before the weekend. I do honestly hope I'm wrong as was expecting a pleasant surprise this time around, but the timing of release now puts doubts in my mind.