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Supreme has been using Bayfield Strategy since September of last year. How has that been working out for them?
Looks like it will be falling once again. Next stop the $1.17 area.
They still need 2 more refining pieces that will have to be installed and activated. How many years do you figure that will take?
It won’t be sooner and you can take that to the bank.
Nice to see some positive moves in the price the last couple of days. $1.07 more and I will hit my target and bail on this.
Whoohoo! We only went down a smidge today. Did we finally get some news?
I am thinking long term also. I’m hoping I will see $2.50 sometime in my lifetime.
Well, its been a week and a half since recreational pot was legalized. I wonder if they have sold all of that 22 lb. bag of weed yet?
Thanks. Have it bookmarked.
Thanks for that. I thought the reports came out almost 3 months after the end of the period. Looks like is a little less than 2. Rec sales should show up towards the end of February.
I have been buying this stock for years, since before they completed the facility. At the time they were said to be building “the biggest grow facility in Canada, perhaps the world”. The company showed a lot of promise. It would have been hard not to invest in it. No one knew which company was going to be a leader. When there was finally a runup in prices Supreme was left in the dust. I have a lot of shares in Supreme. I am stuck in it only because if I sold my shares now I wouldn’t get nearly the same number of shares in another stock as they are too expensive. I have enough faith in Supreme that I believe I will eventually see a much larger price. It appears that actual earnings are the only things to move Supreme. We only see those reports every 3 months. They wont be fully built out for months. Then they need licenses, time to grow and processing time. We won’t even see results of the first rec sales until March of next year. I think it will be at least 12 months before we start seeing financials with the numbers needed to make a big difference in SP. I guess I should have said I don’t expect much out of the stock price for that time period. The company itself is progressing as best, and fast, as it can. I actually expect a lot out of Supreme in the coming months. I just don’t think we will get a big price increase for at least a year. All this is just my opinion.
I agree. I am already all in on Supreme, so it could drop to $0.50 and I can’t buy anymore. I don’t expect much out of this stock looking ahead at the next 12 to 18 months.
Ouch. I guess if you are sticking with Supreme then just don’t look at it for 2 or 3 years and hope that by then you will be pleasantly surprised.
I don’t even want to try and figure out the next support level. It is now just another penny stock with big dreams. They still don’t even have their product out there to sell. Sad.
No EOD buying. Probably see lower tomorrow.
Geez...Supreme’s 2 year chart is the ugliest of all the bigger weed stocks. This could be heading to $1.00.
Oops.
If it breaks through $1.30ish support, then next stop is $1.17. I’m not a chartist, but that’s what I see when I look at the daily chart.
What do you expect that to do to the stock price?
This could get ugly if it breaks through $1.40 support.
Lack of product, lack of capacity, lack of interest, lack of a popular business plan, lack of PRs, lack of revenue, etc. Read past posts.
Probably the same reason it will be a laggard for the next 6 months.
Are we at $10.00 yet?
Lol. This has probably already been approved and is being used on patients. They just haven’t told us yet. Buy now before the news gets out.
I was going to buy back in at .008 but it didn’t drop that low.
“If you build it, they will come” worked great in the movie, but it will be a long time before Supreme sees any big investors coming out of the cornfield to join their party. My guess is that by EOD Oct. 17 we are in the $1.50s US. They just don’t have much to offer right now. Too much money being made elsewhere. Years from now, if they are still here, who knows. I agree that they are undervalued, but that’s because nobody really seems to care about them.
This stock has too many oustanding shares for me to be comfortable holding it. The risk is too high for a reverse split. I’m ready to move on, but I certainly hope it continues it’s climb for all of you.
Finally got out with just a small loss. Feeling lucky. :)
Oh boy...yet another buying opportunity. Can’t get enough of those.
I have once again brought out the party hats and noisemakers, and have invited all the neighbors over for the $2.00 (US) celebration. Let the fun begin. :)
There are too many people eager to sell at these lower prices. Every penny this tries to go up is always met with 50 to 70 thousand shares (or more) on the ask. All these walls are tough to overcome. If this ridiculous selling ever stops we may just go up some.
Lying to the public never seems to be a problem for these stocks. SEC doesn’t care.
I am wondering how much weed Supreme has on hand to sell and make deals with. It will be a long time before they are selling product at full capacity. Initial sales may deplete their supply. Then what? I also wonder how long before Oct 17 will they deliver to retailers. Will any of it show up in the Sep 30 financials? I think the 17th will be a big day for those selling pot, but just another
day for Supreme. Just some thoughts I am having before Supreme gets bought out or reaches 10 dollars a share.
The pictures on the website can be from anywhere. They just show a room.
Haha. I’m in the US. I’m not gambling anything I can’t afford to lose, but It still hurts to see it falling all the time. I just expected more out of Supreme by this time. Another 6 months and it should be looking better. I can wait.
No...I am not selling yet. ??
For every 10 cents down I’m losing $12,000. Kind of hard to watch
This is almost laughable. I have the crapiest crystal ball on the planet.
Thanks for checking. Certainly makes a person wonder what is going on here.
No way this is $1000.00 by 2020. Maybe 2021. Lol.