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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

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Post by theTransporter on Oct 26, 2020 8:06am

Big asks - no bids

Seems like support is eroding while a heavy crushing ceiling continues to push this down.

Will this be the week where a big buyer comes in and breaks through all those thick asks?

Doubt it.  It's unlike FIRE to attract any buyers like that.

This is doing worse than it did during the worst of the pandemic stock crash.

Only 2 more weeks to see if Beena can prove a complete change here and attract new investment.
Comment by Method on Oct 26, 2020 8:09am
Not sure why two weeks? They have enough cash to survive for well over a year at the current burn rate.   
Comment by theTransporter on Oct 26, 2020 8:17am
Q1 earnings report. 
Comment by Method on Oct 26, 2020 8:25am
Yeah. It's definitely a catalyst but there will be lots of those over the next 12 months. 
Comment by watchmeplz on Oct 26, 2020 10:34am
In my opinion, I don't think you do.
Comment by George141 on Oct 26, 2020 9:59am
..some of these so called "asks" could be at way more than .14 cents. This is a way to manipulate weak hands into thinking the stock is not holding. Don't fall for it. If Biden wins and we have a good financial.. Supreme can bounce higher than Monkey off a spring board.....maintain
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