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This stock can’t take any more good news.
Just wait until the PR firm they bought for 2 million shares starts paying off. The SP should really start to rocket up then.
The train to Pennyland is getting ready to pull out of the 1.20 station. Next stop at 1.10, then only a short ride to the final destination.
I was able to get out even on one of my positions of this stock on this last pop to 1.40. Now, in a couple of years, if it manages to go up .30 I can close my last position on this. Can’t wait.
I’d have a better return on investment if I just grew a few plants myself and sold it. I can’t think of any news they might come out with that will raise the SP except that they are showing a profit. My guess is that won’t happen for quite a while. Meanwhile, down we go.
So many decisions to make. Should I buy more at this buying opportunity or wait for one of the future buying opportunities? This is such a fabulous stock for a person who likes to average down.
Down and down she goes. Where she stops, nobody knows.
Unfortunately this stock will probably never pop or get hot. Interest in it is fading.
The market never likes any news from the company. Once the build is complete there won’t be much to PR anyway. It will just be 3 month waits between financial reports. I see the stock price slowly sinking towards a dollar due to lack of interest. By the time it gets cranked up to full speed it will have missed the boat. JMO
IMO this is going to get real ugly after financials are released. I may average down if it goes below $1.20.
This does seem a tad shady. I’ve never seen a stock deal priced so far below the going price. I doubled down today but I will probably regret doing so. We shall see. Bunch of crooks IMO.
There should be a nice buying opportunity when financials come out next month. You just know it’s going down. That’s the one thing you can count on with this stock.
Supreme is on sale...time to buy. Unfortunately I bought on the dip a couple of dips ago so I’m now a bag holder. Meanwhile, as suggested, I’m spending my time looking for the next rocket.
The new website is pretty boring, but then so is the stock. IMO it will take a miracle to get this stock over 2 dollars anytime in the next two years. Dilution and debt going to keep it down. This company is just too small to compete. Awards look good on the wall but obviously don’t do anything for the bottom line. All these buying opportunities get old after awhile.
Must be getting ready to announce some good news. It’s heading south once again.
I’m glad it recovered, but geez...talk about manipulation. Someone must have greased someone’s palm so they could buy a whole lot of shares on the cheap side.
I believe it's almost 290 million.
Looks like next support is $1.49ish.
Didn’t really sell off EOD. That’s always a good sign.
Added a new guy to the board of directors. Must have been someone really special with this response.
All the other pot stocks are down and we are up on high volume. Very unusual for Supreme.
I don’t know what they could possibly put out in a PR that would make a difference at this point. Perhaps if Health Canada approved a bunch of grow rooms, but any bounce from that would just turn into a decline again. I’m guessing that until they are close to growing at max capacity, and also showing a profit, it will continue to be stuck in this rut.
Heading towards $1.25 US. Yet another buying opportunity. Can't complain that Supreme doesn't provide us with enough of those.
So an ok financial report didn’t do anything. At least we seem to have avoided a plunge into the abyss. Now what do we have to look forward to? The end of March might see all the grow rooms complete. That won’t help much unless they get licensed. If Health Canada performs as in the past, we will probably have to wait a year or more before being able to grow at full capacity. If they don’t try to expand more than they have already planned they may actually become profitable by that time. That would be big I think. I doubt this stock will see much increase in price anytime soon. It has been a long 4 years.
Nice to see net loss decrease from last quarter.
I can just feel the excitement building in expectation of the financials being released on Tuesday. It’s like a coiled spring getting wound tighter and tighter, waiting to explode when the news is finally published. Investors have been waiting for this day for years. Hang on tight it will be a wild ride, the train has left the station, the rocket has liftoff, and our ship has finally come in.
Then again...it will probably tank.
Damn stock. So frustrating.
They should have 3 more rooms completed now that January is behind us.
??Shhhhhhhhhh. Maybe, if we don’t mention the RS, they will forget about it.
Not even a little bit. Closing at the high of the day is nice for a change though.
96 cents????? What a joke.
This will probably go down as one of the universe’s greatest mysteries. There is no way this stock should be struggling to stay above a dollar, even with the whole sector slowing slipping lower most days. A stock with so much promise and at such a low price should have people rushing in to buy it. I have never seen a stock like Supreme, in such an exciting new sector, act this way. Supreme is definitely at the top of some sh*t list that is used by those folks who control the prices. Seems like no amount of good news will boost this stock’s price. It is a good company, with a good chance of making a lot of money. Even with the construction delay and the black cloud of a reverse split hanging over their heads, they should be at a higher price point than they are now. I am completely baffled by this and truely hope things turn around in the very near future. We have all waited long enough for Supreme to start making us some money.
I believe that they have managed to shoot themselves in the foot by bringing up a reverse split. Yesterday, the other pot stocks were up nicely. Us...not so much. Supreme has had some nice news in the recent past which should have boosted the SP a bit. This RS, even if not implented, will be like a ball and chain attached to the company. If they do it now, while it is struggling, it would certainly be viewed as an act of desperation. It might work for them much later, if or when they start making a profit. For now, they just should not have even mentioned a reverse split. Big mistake IMO.
Price targets are a joke.
People will lose any fractional shares. Consider it a donation to the Supreme cause. Another perk for them doing it this way, small as it may be.
That is exactly what they are proposing. Shaft all us early investors to chase some pipe dream. I can see it playing out already. They will split right before announcing good earnings hoping to attract the “big guys”. Good luck with that.
I wasn’t judging. Just would like to see the email posted after the split.
Post that again after the split as the stock price is falling. A reverse split will always be looked at as a desperate measure.
I voted AGAINST the reverse split, although I'm sure company officials own way more shares than any of us combined. What we vote won't really matter. I've held this for 4 years and now they want to screw me out of future gains. I doubt this stock would hold the post split price. People that have a loss now might not ever see a stock price high enough to get their money back, post split. Just the thought of them doing a reverse split makes me ill. Just the fact that they brought it up pisses me off.
Well, I didn’t expect much but I certainly didn’t expect another tumble towards $1.00. Now we wait another long 3 months before we get a chance at a turnaround. Sigh.......