Newstrike Brands Ltd NWKRF

Message to HIP shareholders

[Demian72]

Unfortunately, there is not much of a good news for HIP share holders. The stock is obviously downtrending. And there are reasons for that, fundamental reasons. One can of course deceive himself into believing the resent rally over 3 $ share price was not due to the general hysterical hype on the market (same like with other mj stock) but due to fundamentals such as the licence acquisition, the rock group name association, etc. The fact is that regardless of the outcome of the pending deal, the shareholders’ stellar chance was to sell at highs that the stock has seen recently. This boat has sailed and its not coming back to your port in the forceeble future

I am willing to bet anyone for money who is willing to accept the bet, that the following will happen with a high degree of certainty:

1. the stock will continue to bleed on a daily basis until the deal’s outcome is announced;
2. CMED shareholders will Not support the deal;
3. the stock will collapse to the area of 0.5 - 1 where it will hover for a long period. 

Sorry for the bad news. I am not a shorter (even though I wish I had shorted it above 3 and such a thought did cross my mind at that time). I am long ACB and hence not biased in favor of any HIP share price. This is just my opinion based on my 10 years of experience in trading, lessons learned very hard way and formal education that I have sought in this industry.