Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

View:
Post by AOGEE on Mar 03, 2021 8:14pm

Todays dip

Was more than likely a leak of this info and we saw uninformed people/weak hands just getting taken out because of the manipulation.

They have a set price with the broker to feed the shares into the market. My prediction is we may see a NR next week that boosts the price so they can slowly feed the market.

I am just speculating but did see this once before with a company I owned. I was worried when it came out however the SP did jump with other NRs to get the SP up. Remember the higher the SP the more money the company gets in this case.

Cheers
Comment by Gringotts on Mar 03, 2021 8:18pm
I like your line of thinking. It is logical. However, I fear that if there is no news release forthcoming, the shorts will drive the price into the ground. I hope an entity will be there to support the stocking that case. 
Comment by InvestorXpert on Mar 03, 2021 8:18pm
I pray that would be the case here... the market correction is not helping either 
Comment by VK400S on Mar 03, 2021 8:33pm
What dip? FIRE was holding on pretty well compared to others (only 1 cent down), CGC, ACB etc.. typical red sector day behaviour, regular volume too. No leaks.
Comment by 541house on Mar 03, 2021 8:37pm
vk400 Reference was to another dip coming tomorrow but todays dip was 3.45 per cent!!!