Newstrike Brands Ltd NWKRF

RE:RE:RE:what to do?in deep already

[Brodey79]

 In my opinion averaging down would be your best bet at recouping money on this stock. I’ve played this stock for a while buying and selling. It will have a hard time getting past the financing I believe it was 1.32 or something like that. And then if it does blow by that getting past the exorcise price of the old warrants at 1.75 will be very hard. Who knows whose where any of these companies will be in couple years. Hip could become a top 5 or fall off the map all together. If you could average down I’m sure it will see 1.20 to 1.30 again. Maybe buy it and sell it few times to recoup some money. I’ve sold this stock at profits and losses haven’t gained much on it at all. I hadn’t owned it for couple weeks now but bought back in today when it tanked. I won’t be looking for a home run on it but buying and selling for me works better than holding. Especially on really volatile stocks.