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.

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Supreme Cannabis Company Inc. (The) > Had to bail for a huge .005 c gain lol

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Post by bever64 on Nov 18, 2020 1:13pm

Had to bail for a huge .005 c gain lol

$1 k , much like the NJ devil trap of years past...boring. As soon as i get clarity on the ATM i will.jump back in...all i see.is a wall at .15c that retail will never get past. Maybe after options are issued and more ATM shares are.sold im.back in. By my calculation there are still 40-50M (yes million) shares available for sale outside of regular trading. (Just imagine if they had to buy those on the open market)

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Comment by theTransporter on Nov 18, 2020 1:28pm

I agree with your reasons for bailing. The trading here ("stuck in the mud") is killing interest from buyers as they see no end in sight for the relentless selling. I agree also the ATM is just killing all price momentum (and diluting the share count). If they don't need the money, why keep the ATM active? Makes me question if Beena actually truly cares of shareholder ...more

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Supreme Cannabis Company Inc. (The)