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Newstrike Brands Ltd > HIP warrants Explanation Request

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Comment by Litemuppon Mar 21, 2018 8:33am

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Post# 27751770

RE:HIP warrants Explanation Request

Monarka, yes i as well trade on RBC. Look up the ticker HIP.wt and buy the warrant just like you would any other stock. You could sell it whenever you wished just like any other stock. Holding it over a period of time is recommended given the low low price rite now. In the future, once the strike price of $1.75 is hit on the actual HIP stock, you have an option to convert your warrant by buying the share at a certain price.

monarka wrote: Good day to all

if I bough warrants today lets say at 0.17 and the go to 0.50 in the near future
Can I sell them as warrants and make the 0.33 profit like stock ..

if not

How and when do I trade them for stock ? Im very confused about this and Ive been reading but its not sincking in my head..

I usually trade with RBC and I do it on line ...

thank you for your comments