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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 14, 2019 4:45pm
87 Views
Post# 29366895

RE:RE:RE:Told u guys a M&A is coming

RE:RE:RE:Told u guys a M&A is comingI've always enjoyed theories on BigFoot :)  seriously though, definately looks like something is being worked behind the scenes.  Maybe it is M&A, maybe someone caught wind of HIP getting uplisted to full TSX..... or better yet... maybe they are friends with the kid that was supposed to be updating their website and we will soon discover that they are producing more than we thought... humm.. I like that one too.. 

I know one thing for sure, players only play when there is a game to be won, flagging a MM play is one thing, determining the direction they want the price to go is another.  The resistance at .405 looked fake to me, maybe I'm wrong, but the only way this stock could be driven down much more is if something terrible gets announced.  I have to think the play is to suppress the price and accumulate but we would need to start seeing the big block buys start up where 100's of K get taken out at the days avg or marginally higher to really say for sure.. then it will be too late... 

With what is going on I am just not going to sell low, if I do post it will be back above the .50 level where we seen a steady SP for 20+ days and low, low, volume.  I'm pretty sure that's where our retail buyers were indicating the price should be... JMHO
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