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Bullboard - Stock Discussion Forum Supreme Cannabis Company Inc. (The) T.FIRE

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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

Supreme Cannabis Company Inc. (The) > Why would BMO..
View:
Post by Mnadel01 on Jan 26, 2021 2:24pm

Why would BMO..

Invest 20m at .19?  You think they want to lose money? They are a major bank.  Don't you think they are buying with optimism the sp will rise ?
Comment by StayInvested on Jan 26, 2021 2:25pm
They aren't, they are the bookrunners. I didn't see who the investor pool was, but assume its generally MMCap.
Comment by Mnadel01 on Jan 26, 2021 3:01pm
Got it
Comment by HopefulJuan on Jan 26, 2021 3:04pm
BMO loses much more than 20 M if Supreme goes titz up. Hopefully the earnings don't miss expectations.
Comment by Mnadel01 on Jan 26, 2021 3:10pm
Seems like this stock is heavily manipulated.  Manipulated stocks are terrible.  Ppl say the best ones are manipulated but from my experience it's always bad 
Comment by Method on Jan 26, 2021 3:34pm
The clients buy the shares, not the bank
Comment by MarkAble on Jan 26, 2021 4:28pm
I wouldn't think a dime bag street dealer wouldn't want shares in this company, never mind a major Canadian chartered bank.
Supreme Cannabis Company Inc. (The)
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