Replies to post #17170 on Supreme Cannabis Co Inc fka SPRWF

[OnlyGoLong]

The license was a forgone conclusion & already priced in for the most part.

On the other hand, Now that they have a license its no longer a speculative play and going forward they will be judged by standards such as revenues, growth, market share, burn rate, etc.

That being said I don't know how much cash they have on hand, but running this operation is not cheap and if comparing to all other LP's, it will likely be 9-12 months before they can sniff profitability - meaning there could be potential dilution along the way to pay their people & expenses.

At least that's why I didn't jump in. All IMO

[Until2020, formerly Until2017]

$SPRWF


Post 17171 hits all the right notes


Another way to say what that poster said is this, .... "Buy the rumor
and sell the news"


So 17171 was correct, the license was priced in. ... And yesterday
offered an opportunity for traders to sell their shares for a quick profit
. . . which they did in droves.


I bought SPRWF many months ago, and I am still green as I bought
in the teens. ... THIS IS A GREAT STOCK FOR INVESTORs!


And it is also a great stock for traders who are nimble. ... Since I can-
not generally see the stock price when I am at work, I am by definition
"not nimble" ... Thus I do not trade or flip shares for profit.


Patience is key - - - and will be nicely rewarded. ... I am thinking a year
or two out, not months or even quarters.



Until2017