Newstrike Brands Ltd NWKRF

RE:RE:RE:RE:RE:RE:RE:HIP.WT.A

[run33]

Thelonious wrote: Oskar what do you think of what run 33 is saying here?  doesn't make sense to me why a company would do a pp then short the stock, they win more if the sp goes up.   a company invests because they believe it's a good investment. also if they are going to short it they can just do that 

I'm doubtful they are allowed to legally short the stock then make a pp deal below the current share price

Sorry to burst your bubble, but thats how the majority of marijuana LP financings are conducted. It's risk free money for the financiers. Notice how management dumped a pile of stock over $1 at the beginning of April (check SEDI yourself) and then announced a stock consolidation in the management circular in late April? The financiers hammer out the shorts and then cover with the $.75PP as the stock pulls lower on the consolidation news. None of this is coincidental. Purposely done to torpedo the stock, although would've drifted lower in the Summer on its own to a lesser degree. I am a buyer here, scaling into my position. The guys that run these deals aren't your buddies, its you vs them, and they hold the cards.