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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 quinlashon Feb 09, 2019 8:50pm
66 Views
Post# 29342985

RE:RE:RE:RE:RE:Website is out of date

RE:RE:RE:RE:RE:Website is out of dateYes, for sure. With the price holding above .50 for 20 days or more i was getting pretty optimistic myself but with low volume its something of a gamble which way the price will jump to next, you hope it trends up but down is always in the cards. I can only guess but we may have had some selling occur that was motivated by investors who think the upcoming reports from ACB and WEED will disappoint and drag down the sector. I am in that camp myself but decided to hold HIP due to its price vs where i think fair value is and where i think it will finish on the year. I also have reason to believe the qtr report will very impressive compared to sector simply due to the reporting period in relation to legalization. We should expect some one time expenses being reported for the facility upgrades but, all things considered, i believe the report will be very positive.
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