Newstrike Brands Ltd NWKRF

just my opinion

[goldman777]

I firmly believe the market is in wait and see mode on HIP, if financials and guidance are positive then yes we will see some reward. If they disappoint then we stay flat and continue to crawl along the bottom of the trend channel. Now this isn`t all bad in this volatile sector as there will be opportunity to swing in and out to book some gains and hold your core position while you wait for the percieved big pay out. Sure HIP is doing a lot of things right but ask your self why it is over looked - it is without a doubt the TSO. I`m not one to say I told you so, just throwing my hat in the ring with my 2 cents worth - if cash burn is greater than revenues you will indeed see a share consolidation here at some point in the future. Usually these reverses do hurt the market cap but not always - ELD is a good example of a recent share consolidation that had a positive effect. the MJ sector is a different beast all together - I know, but the principles are the same. I`m still long HIP but not afraid tohave a twirl with more than one partner at the dance. I think there is still some time here to do the old in and out....and in doing so increase your holding.  GLTA