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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

Supreme Cannabis Company Inc. (The) > $0.35 seems to be the stall point
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Post by theTransporter on Feb 09, 2021 10:35am

$0.35 seems to be the stall point

Everytime the $0.35 ask is taken out and some volume builds on a $0.35 bid, it's instantly sold into.  This is where this is stalling and having a hard time gaining traction.

Someone go cut MMCap's internet connection!  They appear to be fighting very hard to prevent this from going higher allowing the company to force them to convert their debentures (somethign they do not want).  The shares they are selling appears to be endless.
Comment by Gringotts on Feb 09, 2021 10:42am
The action we are seeing today is the action I thought we would see yesterday!  0.35 cents will fall today. At  minimium, we close at 0.35 with the longs in control. I do believe it will be higher, though. Trans you will hopefully recoup some, if not all, the money you had lost on paper! Yoy have hung in a long time, though you were a little bitter about it, and desrve to get your ...more  
Comment by theTransporter on Feb 09, 2021 10:48am
No loss here.  I'm playing with house money.  I unloaded half my oriiginal position above $2+ and quite a chunk at $3+. I still don't like to seeing my "free shares" not make me money... Just when I thoguth we broke through $0.35 resistance, up the walls come again.  These guys are relentless!
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