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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 Mar 17, 2019 1:56pm
54 Views
Post# 29497750

RE:Boy did we Get F... Ed.

RE:Boy did we Get F... Ed. Well we did manage to run over 10% last week, the warrants got creamed mind you but I bet they will bounce back. Let`s all see how the next 2 weeks play out...if HEXO garners some strength HIP will follow. Does anyone here really think HIP will run to 60 - 65 cents on it`s own over the next month - doubt it very much, the sideways grind in the mid 40 cent range was well in place. The market is usually right, and when it`s not it can stay irrational alot longer than most can stay solvent. But again I wonder why no premium was offered or even asked for, HIP reserves the right to walk away with the breakage fee so this may all just be a big fishing expedition. My gut tells me that as the layers of the onion get peeled back we will see there is more to this deal than what appears on the surface...I just don`t think Jay would let his company slip away with no premium after all his hard work - there must be a bigger prize in sight. As speculative as it is I do believe a major announcement is forthcoming from HEXO and Jay is privy to the behind doors deal that may be imminent, if I`m right we all win and Jay looks like a genius - he must have some fuel to sell this low conversion rate to the insiders and p.p. participants. The market doesn`t like uncertainty but I`m holding my warrants for now - I think HEXO has a much better chance of hitting $16 ++ in the next few years than HIP does of hitting $1 ++, too many TSO here @ HIP. Time is on the A warrants side, the original warrants look a considerably riskier here as the clock is ticking. I may look to add more A warrants here if the price stays surpressed much longer, not sure how it will all work out but for me it`s too late to turn back now...come`on Jay - share with us what you know as soon as you can and knock this fuccker out of the park already.
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