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I never thought I would be happy seeing us trade in the .60s. This is probably going higher as we head into next year. If you want a decent cannabis stock, at a bargain basement price, than this is the time to load up. I believe we have bounced off the bottom and will slowly increase as time goes by. People buying here, then selling after a few cents, will most likely regret selling at such a low price. This will be over a dollar in the not too distant future. After that...who knows. JMO.
He certainly can’t be sad about leaving. He walks out with millions, had years of free world travel, years of free pot, and pot parties all over the place. I am happy with this decision. More change may be ahead if we continue this downward slide.
I suppose I will have to average down when it gets to 10 cents. Don’t think it can’t go that low. It’s headed there, probably sooner than later. If the entire sector remains out of favor this will turn into an avalanche. We are only 57 cents from zero. Certainly nothing to cheer about.
It is definitely the bottom...until it’s not.
There it is. Trading at 59 cents. Kind of brings a tear to my eye.
I joke a lot about Supreme’s low price, but really..,how is trading at 66 cents even possible for this stock? 700 employees, a greenhouse full of premium pot, a number of promising deals, and good numbers projected for next year. I honestly don’t understand it. The sector may be out of favor but Supreme has never been in favor. I guess it will just continue to baffle me.
The good news is that it can only drop another 69 cents. Considering how far it has fallen in the past, .69 doesn’t sound so bad.
When I said I hoped it would stay above .80 but really meant .70, I really really meant to say I hope it stays above .60.
When I said I hoped it stayed above .80, I meant to say .70.
Geez...I remember a time when I was hoping it wouldn’t drop under a dollar. Lately I just hope it stays above 80 cents. Now Fowler sold a bunch. We are becoming the little engine that couldn’t. So sad.
I am officially calling this stock a POS. It will probably close under 80 cents. Any more good news and we push 50 cents. Talk about a money pit.
The last thing this stock is doing is acting like a stock that is starting to explode with revenue. If they make 160 million and shell out 200 million nobody is going to be impressed anymore than they are now. JMO
This is no different than any other penny stock I have owned. The price gets run up on hype and then slowly falls back to almost nothing and stays there. The next record they are going to set is how much money investors have lost on this fiasco. The whole sector is out of favor, but there is really no excuse for this to be trading in the $.80s. Will it go even lower? Probably. Will it reach the analysts price targets? Probably not. Not even close. JMO.
So next year they predict revenue up to 180 million. So what happens when they spend more than that on taxes and operating costs? The stock price stays the same as it is now, that’s what. Investors obviously want to see actual profit, not the ebitda or revenue increases. And how about some transparency. They keep their secrets and nobody trusts them. I really am tired of holding this stock, but as so many others, I’m stuck in this big time. It’s hard to be positve on Supreme. Now it’s another 3 month wait until I am once again disappointed with the stock price.
94 cents. Are you kidding me. There is definitely something seriously wrong with this stock.
I am totally flabbergasted over today’s price action. To be down 3 cents now is just insane.
I bought more at $1.04, so sorry folks...it’s going lower.
I really think that at some time in the next year people are going to regret not buying into Supreme at these lower prices. I have been as disappointed as everyone else with the SP to date, but with things seemingly coming together for them finally, I don’t see how the price can be held down at this ridiculous level through next year. At some point it will just shoot up some and not look back. I would be surprised if it wasn’t trading above $2.00 by the beginning of next year. JMO.
We are on fire now. Up almost .04. Everybody buckle up.
Yet again I average down and this thing takes a big drop. I just can’t win with this stock. It’s always wait for next year. I guess my heirs may be the ones to benefit from Supreme. Or their heirs. Who knows.
I don’t think I would short this one now. I believe it just might have a chance to raise the stock price this time. Then again..,maybe not.
My average is much higher. I bought those shares to bring my average down some, or maybe flip them if the SP goes up a dime or so.
Well I bought 5k shares at .94 the other day. Today I bought 5k shares at .97. Probably a big mistake, but we’ll see what happens.
This stock is walking a real fine line between being way oversold and just being a POS.
Ok, I was kidding about waiting for 10 cents but now 50 cents seems a real possibility. If it hits that I am going in bigly.
That may be. First the reverse split, then wait for 10 cents to buy.
When it hits 10 cents I’m going to buy a ton of these shares.
If you like consistency in your stock then this is the one for you. It constantly disappoints.
As the saying goes...every dog has it’s day. IMO this little pop will fizzle. Enjoy it while it lasts. When earnings come out I believe we will see increased dilution, increasing debt, and still no profit. Once again investors will be disappointed. This stock will continue to provide “buying opportunities”. You can again tell me to sell the day it hits 1.60, if that ever happens.
I did sell the stock I bought for 1.16 for 1.16 this morning, so I broke even on those. (Yes...I actually own shares). I still own a bunch at 1.60.
Trading around the low end, volume only 53,000 after 1 1/2 hours. This dud isn’t going anywhere. There just isn’t any interest in this stock. They need to show a profit and thats not happening anytime in the near future.
I might call 60 or 70 cents a buying opportunity. Not 1.00.
Management is running this company into the ground. 5 years from now it will either still be a penny stock or it won’t exist. When they eventually play the reverse split card it will be toast. If this company ever does make a profit it will be too late. JMO.
I would guess that this ETF will soon realize their mistake and remove this clunker from their list. It’s more like an anchor than an asset.
After a few delays, this train to Pennyland has finally pulled into the 1.10 station. Next stop Pennyland.
Does anyone remember the time when a stock’s price actually went up the longer you held it? Those were the good old days.
Well, I bought in again today at 1.16 for a flip. Back out on Monday or Tuesday hopefully.
Sold what I bought yesterday. I didn’t feel like waiting for 2065.
The low volume makes it hard to flip this stock, but sometimes it works out.
I did buy some today at 1.15. Good for a flip one of these days.
This will take years to get back to my buy in price of 1.59...if ever. Long, long, long term hold for sure. LOL.