Post by
thehonesttruth on Apr 13, 2021 1:49pm
Fire at a discount
Good afternoon folks, If I do my calculations based on the Weed conversion 0.1165, it is a great opportunity to buy Supreme right now. 34.65$ x 0.1165 = 0.4036. GLTA Thehonesttruth
Comment by
VK400S on Apr 13, 2021 2:32pm
You are correct. if anyone wants to invest in CGC, it's better to do it now via FIRE which is trading at 4-6% discount.
Comment by
thehonesttruth on Apr 13, 2021 2:49pm
Guess who's buying up the Supreme shares? Breena & management? Canopy & management? Canopy shareholders? My thoughts are to buy Supreme shares at a discount, convert to Canopy & then sell all shares. Does it make sense? Thoughts? GLTA
Comment by
Bigginvestor on Apr 13, 2021 4:13pm
yes that's what I'm doing once it converts .I bought at the dip at .37 cents fire 50,000 more shares of fire now I have 380,000 shares of fire
Comment by
thehonesttruth on Apr 13, 2021 5:01pm
Hey Bigg, Awesome I'm hoping to purchase more shares at a discount....missing powder. I have a substantial amount of shares average $0.285. I'm puzzled Supreme is trading at a discount Makes me wonder why and what's next to come down before the June vote! GLTA
Comment by
Bigginvestor on Apr 13, 2021 5:26pm
lol nice yea I think something big will happen I think Beena will get a good position in weed to turn that company around . Either she stay on as ceo for fire and run the Canadian part or she get a big role in canopy growth I think there is big plans here. hold tight
Comment by
Phonse47 on Apr 13, 2021 9:09pm
Trading at a discount now is not surprising as there is always a risk premium. Stuff can happen between now and June. thanks opt green and Vulcan and Aurum. I am enjoying your posts
Comment by
541house on Apr 14, 2021 8:49am
Even a hint of trouble with this deal will send this into the 20s imo
Comment by
vulcan123456789 on Apr 14, 2021 10:00am
i soldva good fhunk in the .40s.. bought weed around 35 ill buy fire in .30s and sell weed 36 up