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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 FXtheknobon Oct 18, 2018 11:38am
60 Views
Post# 28827482

RE:RE:Somebody can explain?

RE:RE:Somebody can explain?
Fourhorse wrote: I am kind of surprised there was no hype run on this either but in a few weeks earnings will speak for themselves and there should be less wondering what is going on with the sp


Legalization was already priced in to MJ stocks and was more likely to have some profit taking yesterday which it did. That was somewhat predictable as the sp on the 16th, one day before legal declined. Regarding earnings due in the next several weeks will not capture sales to date but rather be from three month ago etc. Prices will lag for some time likely with a gradual MJ value decline. Get real and stop listening to the pumper on here who have been saying for months and months how this is going to explode.
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