Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by mathandmasson Oct 16, 2018 11:58am
100 Views
Post# 28810511

Get real

Get real

Guys, nothing is going to happen tomorrow. No-thing. Not a thing. Chill.

HIP is going to be 1 - 1.25 by December-February, but that's about it. If you bought in at 0.40 - you will make some money. If you are waiting for >1.25 to get out - you will eventually get that chance. If you are waiting for $3, $5, etc. - you will be here for a very long time.

That's all there is to it. Act accordingly. No, HIP is not going to shoot through the moon and allow you to retire next week. It will probably never cost $5. But it will also not fall through the floor, because it's already pretty damn low.

Bubbles are created when a very large number of people believes on a particular date an even larger number of people is going to just go nuts and buy everything at any price. And just the sheer number of such believers should tell you that no, not really. This mentality is to blame for volatility, overvaluations, flash crashes, etc. I am personally just annoyed that these sort of people who have been waiting till tomorrow will start selling off the day after. But meh - it'll dip 20% then eventually stabilize and go its course.

Let's hope that make-believers not gonna swarm the stocks in March to wait for private retain start in April cause that's another date that little Johnny can obsess about: "It's gonna shoot through the ROOOF! I'm gonna be Warren Buffet!" Ugh.

<< Previous
Bullboard Posts
Next >>

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse