Supreme Cannabis Company Inc. (The) T.FIRE

Resistance at 0.31cents

[AOGEE]

In the short term and mid-term periods techs are indicating a resistance at .31 cents and .32 cents long term. That is inline with what my BMO and itrade analysts information is stating also.

Aurum, to be clear I am long with FIRE and have been accumulating under .31 cents. Not that I have a higher entry cost as I am just around break even. My analysts reports show the evaluations of this company over the past three years and it indicates the rises and dips as they relate to various events. In previous offerings the evaluation dipped however it was short term with a quick rise in the evaluation.
You do corroborate that the analysts because you state that you buy the corresponding amount of shares at a lower price so you offset the dilution in your portfolio. You are in a position to do that however many are not so it would be a dilution (short term) if I conclude correctly.
I am not technically savy in this aspect but that is the way I look at it based on my analysts report.
Simply - short term dilution stages which leads to long term growth and SP increases. All part of the planned growth of a penny stock company.

Cheers All
GL

[AOGEE]

LOL I am replying to myself. These resitance levels are based on technicals only........ with no substantial NR or events with the company occurring. Based on the business plan to grow revenues organically both domestically and in Isreal and Oz that is why there is a wide span in the share price 31 to 55 cents. These quarterly numbers will be released on a Q basis however if something that is

[johnale]

How about we blow through 31 on comparables alone. OGI sitting on 1 bil market cap, with similar revenues and similar market share. Supreme could double and still be trading at a 50% discount. See t he Reddit post - I agree.  https://www.reddit.com/r/SPRWF/comments/lrgrrv/time_for_a_rally_thread_we_need_retail_to_push/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

[Pedal2themetal7]

Just look at the cannabis penny stocks compared to the other ones, the typical nickel to penny fluctuation day in, day out. Until we get traction this will be non stop.  It is my opinion Supreme is presently working on correcting this in order to bring value to shareholders. Doesn't take a brain surgeon to figure out Supreme only requires market share to have at a minimum a 300 million

[1PumpChump]

the comparison between supreme and organigram cannot be made equally. Yes there is a large price difference and yes revenues are close to the same but total share count sets them apart.

[johnale]

Share count is irrelevant when comparing apples to apples market cap and or more precisely - enterprise value.  supreme will catch ogi, it's a matter of time. I'm impatient so I want it tomorrow. But I understand how this works.  either way - 1/4 the enterprise value is a ludicrous discount to a peer.   

[theTransporter]

Johnale - I beleive Supreme has already caught up to OGI comparing both company's last quarter ER side by side (similar period).  In fact, OGI reported an 11% QoQ reduction in sales while FIRE reported significant 54% QoQ increase. Surpeme posted a positive EBITDA of $3.6M while OGI posted a negative EBITDA of $6.4M Question is whether FIRE will catch up to OGI valuation, or will

[Pedal2themetal7]

Hence the reason why I mentioned they could sustain a $1.00 SP at the moment.  When the only obstacle is the outstanding shares, while other companies are digging themselves a whole in order to survive, this argument is non sense. Again dissect the top companies financials and come back with valid arguments, when the only obstacle is outstanding shares when they beat companies at everything

[1PumpChump]

its definitely not an excuse. The fact is dilution is almost always looked at negatively. Supreme is definitely undervalued and organigram is overvalued imho

[Pedal2themetal7]

How about this with a SP of $44.20,Canopy net revenue 153 million, net loss 829 million, adjusted ebitda loss 68 million for 3rd quarter 2021, and I could go on and on with other companies? IMHO

[Pedal2themetal7]

Organigram: SP $4.08 Q1 2021 net revenue of $19.3 million Q1 2021 negative adjusted EBITDA of $6.4 million Net loss:Q1 2021 net loss of $34.3 million Cronos: SP $14.07 Third Quarter 2020 Net revenue of $11.4 million in Q3 2020 Reported operating loss of $41.2 million  Cronos Group (NASDAQ: CRON) has been one of the safer pot stocks to invest in,

[ridingrockets]

The issue is how many institutional investors are properly familiar with the products they are assessing? Too much weight still being put into the what ifs... Supreme has their act together at this point. IMHO their darkest days are in the rearview mirror. They are and ought to continue to make gains in the domestic marketplace. 7 Acres > Eddison 7 Acres > Spinach 7 Acres > Tweed, LBS

[AOGEE]

Pedal and John Again I am long on FIRE and have close to 100K shares with an average price of .3225. Yes the company has its fundamentals and that is why you and I decided to invest with FIRE. We believe in those fundamentals but sometimes cant understand why a SP acts the way it does. The .31 cents resistance and number of shares is not information I just came up with. I am just presenting some

[johnale]

ya aogee - I agree, I think you need to use a little of both for sure. I'm up to my neck in shares - so I'm heavily involved.  Trans - I hope we meet ogi, here are a couple answers from Craig IR as per my question on growth initiatives and being undervalued with the current raise/cash position. Very to the point.  "I can't give you more than the growth initiatives

[maritimedreamer]

Johnale, may just be too early in the am for me today but when you quoted Craig saying, "...it has been well received by analysts....". Do analysts have the ability to find out what the growth initiatives are before the public? If I recall correctly they have more access to information than the general public, so would that also include the 'growth initiatives' as well? 

[Pedal2themetal7]

I never have a problem with your posts, everyone is entitled to their opinions, and I always attempt to be objective. Supreme is a small portion of my porfolio, but I strongly believe they have a great future ahead of them, and to date it is my opinion they haven't received the recognition they deserve compared to their peers. Compared to the rest of the industry I believe this company is