Post by
Aurum1983 on Feb 10, 2021 2:38pm
Is this worth 0.51c?
I'm a newbie on marijuana companies. I know the big names. Can someone post (or point me to a post) of fundamentals on Supreme? I focus mainly on gold, silver and copper miners and exited a huge position so have a ton of cash that needs to be redeploy...
Comment by
Aurum1983 on Feb 10, 2021 2:54pm
should we be concerned that the comapny recently did a placement for $19c/share?
Comment by
JiffBeasauce on Feb 10, 2021 3:02pm
that's the price they were trading at the time of the placement. They were likely forced to do so by financers, due to contract obligations. If you look at the numbers the value is there for fore than 51c imo. Thats not including future growth wich I am very optimistic about.
Comment by
vulcan123456789 on Feb 10, 2021 3:03pm
we were sitting at .17 at the time. all b4 we started running.. the question is what is the 23 mil for.. we should find out after q2 released
Comment by
Aurum1983 on Feb 10, 2021 3:16pm
I am in. The chart also looks good. It has really turned around as the 50MA is going to surpass the 200MA tomorrow. Talk about timing. Let's hope for positive results this evening. $0.67c to $1.00 is a very thin zone so if it gaps above $0.67c tomorrow it will fly to $1.00.
Comment by
vulcan123456789 on Feb 10, 2021 2:47pm
click on news on this board.. read the news releases quarterly reports. that should give you the picture