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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 vulcan123456789 on Dec 08, 2020 8:21am

vacine starting

people have started to get vacines today in uk.. its the first ray of light on thus front.. a huge step towards normalizing our world.. and economies throughout the globe.. should bode well for the markets.. as positivity breeds positivity. this should escalate and continue throughout the winter... 2021 will be a great time to be a shareholder if supreme... cheers and remain positive
Comment by theTransporter on Dec 08, 2020 9:01am
A vaccine won't help Supreme.  Supreme can help Supreme by demonstrating greater QoQ revenue growth, esepcially in rec where 3% QoQ was nothing to be celebrating. If Beena would only have dislcosed what September's revenue in isolation (as indicated it was the best month on record for rec sales), then we can have a greaer sense as to what is to come.  Despite there not being any ...more  
Comment by JiffBeasauce on Dec 08, 2020 9:11am
Ya I agree I would not be suprised one bit if benna is working with mmcap on some shady dealings. Hell wouldent surprise me if mmcap was the ones who go her hired just to do that. The no news approch is crazy. If they stick to that aproch for the rest of the q the stock price could really be hurting come next cofferance call with over 100 million shares to be dumped on jan.21 its gonna create alot ...more  
Comment by JiffBeasauce on Dec 08, 2020 9:15am
60 million shares*
Comment by johnale on Dec 08, 2020 9:23am
60?  try .... 13mil  116.6/2 = 58.3mil  MM owns 45mil and change of those shares (90+ total) - and I can say they are not selling them.  leaves only 13mil shares possibly free trading - of which I'm sure a nice chunk will be held short prior to release and covered.  plus some - like I own - which will not be sold anytime soon especially with the debs at a big ...more  
Comment by JiffBeasauce on Dec 08, 2020 9:33am
That's good to hear thank you for correcting me. 13 mill much more manageable. What makes you so confident mmcap will not unload some or all of there position if the stock price say were to climb to 25c-30c. That would be very profitable for them, wouldn't it? 
Comment by johnale on Dec 08, 2020 9:43am
I think it's impossible for them to liquidate their position - without completely cratering the stock price - especially as they have to report their position as an insider.  they took a huge equity stake (when they didn't have to) - effectively signaling that they believe in the prospects of the company. (They gave lots of money to zenabis too, but they own very little shares at ...more  
Comment by OptGreen on Dec 08, 2020 12:41pm
Spot on joh, MMCap is not going to be selling off here and lose money that is insane and again this dip has nothing to do with FIRE the sector is down, APHA is the only green on my page...if anything they would be on the buy side with the rest that are loading up at these bargin basement prices. The move north last week was MM prelude to FQ2/21 report and numbers over the coming weeks, as there ...more  
Comment by theTransporter on Dec 08, 2020 12:49pm
LOL - so when the sector is down, FIRE follows it... but not when it was up the last 60 days..
Comment by Joseisok on Dec 08, 2020 1:05pm
This post has been removed in accordance with Community Policy
Comment by theTransporter on Dec 08, 2020 3:30pm
Hey Opt - Sector is now green.  Why isn't Supreme following?  You said earlier Supreme was down because the sector was down.   What's your next excuse?
Comment by OptGreen on Dec 08, 2020 4:04pm
I don't need an excuse for anything Trans but I would like to see you find some peace here...I am underwater more than I expected or ever thought we would see and have been for far too long. While there has been lessons learned, as is always the case, I have always believed this company was on the right path, with the exception of solely B2B, and I am more positive on the company, and the ...more  
Comment by Joseisok on Dec 08, 2020 4:30pm
This post has been removed in accordance with Community Policy
Comment by OptGreen on Dec 08, 2020 3:41pm
Good to see you are in better spirits today Trans, of course one isn't going to expect the SP to run north as they restructure, continue to secure top shelf space in the retail market as they transition from B2B operations and on little to no news as we are a few weeks from end of quarter and a month a 1/2 from report...but it did and a solid run on substantial volume, this is not the pattern ...more  
Comment by Method on Dec 08, 2020 10:27am
i don't think less than one years interest is a big premium but I agree, it shouldn't be a big event when those shares come off lock up. 
Comment by vulcan123456789 on Dec 08, 2020 9:14am
always neg trans.. we did have a couple days last week i think that you were not neg...how much does this have to go up a day for no negativity.. or better yet how much a day before you are positive.. in my opinion anything positive for the world . health wise or economics is good for everyone.. positivity helps