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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) > Apogee Vulcan Lily advice please
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Post by MichaelCanadia9 on Apr 10, 2021 10:21am

Apogee Vulcan Lily advice please

Hey Lily, Vulcan, Aogee.   May I ask for your opinion ?    I'm a small player with Fire 15,000 shares and can call myself a bag holder.    Unfortunately I bought high over $2.00 and have only averaged down to .54 cents .    If you were me....would you buy more supreme stock in the .30's and try to average down to 44 cents  or hold on to June and convert to Canopy and take the loss ?   Again a small play but would be interested in your thoughts  as I respect each of you individually.    And Vulcan I hope your healing 
Comment by vulcan123456789 on Apr 10, 2021 11:19am
thanks micheal.. doing much better off crutches.. id hold what you have until june. you will get yhe 44 cents and decide then if your sticking with canopy.. snything under 44 is deal ..if you can lower your aversge buying at .39 .40 you could limit your loss.. cant really loose.. i started here around 3 bucks.. if i had done nothing it would he a huge loss.. as it is i averaged down over the yrs ...more  
Comment by MichaelCanadia9 on Apr 10, 2021 12:16pm
Thanks Vulcan ....I was leaning that way so thank you my friend .    I trust you and really enjoy your posts.    I'm so glad you are on the mend Vulcan.   You have a lot of friends on this board and a lot who respect your opions and advice.   I,  like many others had such high hopes for Supreme but it approves once again that these corporations really could ...more  
Comment by vulcan123456789 on Apr 10, 2021 12:22pm
private message me anytime. goes for others here too.. we can keep in touch and offer advice.. .the deal isnt over yet so there is hope. has to be approved by exchange . the courts.. and shareholders. cheers my friends
Comment by VK400S on Apr 10, 2021 1:43pm
You do NOT get .44 cents when the deal closes... You get a product of weed.to and a fixed multiplier.  If CGC stock price is $50 at the time of the deal, your fire shares will be converted at 0.58 cents. .44 cents is only a stock price of FIRE that was on last Wednesday when deal was announced, this number has no meaning in the future.
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