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Newstrike Brands Ltd NWKRF

"Newstrike Brands Ltd is a licensed producer and cultivator of medical cannabis based in Brantford, Ontario. The company cultivates and sells both forms including dried and fresh marihuana."


OTCPK:NWKRF - Post by User

Comment by mathandmasson Oct 02, 2018 3:13pm
47 Views
Post# 28731475

RE:RE:RE:RE:RE:RE:RE:SP should be 1.72....at least

RE:RE:RE:RE:RE:RE:RE:SP should be 1.72....at least

It's a speculation that actually makes sense given all the "business activity" in the past 9 months.

I was predicting over a dollar by now, in October, yet... here we are. 70, 80, 75, 70 - aaand another month gone. Clearly, market does not think it's worth a dollar, despite license, despite supply agreements, despite stockpile, despite 120 million at the bank. And I kinda can see why.

EBIDTA, institutions, manipulations and whatnot, here is a hard fact: it's really-really hard to get excited about this company. Even though it trades under value (subjectively), at this moment I'd honestly pick almost anything over HIP. Not complete penny trash like Abattis, but almost anything else.

And no, I'm not saying "SELL SELL SELL omg the sky is falling", no but my God is this boring sh*te! Just being honest.

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