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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 goldman777on Nov 12, 2018 7:50pm
80 Views
Post# 28962684

RE:RE:RE:Positive news, but no buyers.... Gotta love it

RE:RE:RE:Positive news, but no buyers.... Gotta love it
DrawnfromtheHIP wrote: I can’t beileve how we had positive news as well as other companies showing high percentage profits with the prices going down and not green at all
Did you not see the 600 point slide on the day for the DOW, as the DOW goes the marijuana stocks will follow...regardless of licensing news, regardless of Aurora posting killer sales. We can now likely agree Mr. Wilgar is a very smart cookie for getting our financials out ahead of the herd - the entire market is correcting but we can expect great volatility. Big red day today on low holiday volume ...and likely a nice bounce tomorrow. Today was the day to buy, all eyes are now on Tilray and Canopy - if they book financials much like Aurora did today we will have our catalyst to fuel the next rally in this sector. However this fuel might not be enough with the significant head winds of a broad sector sell off. Warrants continue to look good here but yes I agree, this is becoming concerning. 

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