OTCPK:NWKRF - Post by User
Comment by
deeton Mar 18, 2019 12:25pm
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Post# 29500941
RE:Wall at 0.53 is a joke! 800k on the Ask side
RE:Wall at 0.53 is a joke! 800k on the Ask sideLeafRider wrote: So with about $400k in HIP sitting there waiting to be sold off to a buyer it blows my mind to think people selling at 53 cents aren't clueless to what will happen here. Hexo is on a burn right now being uplisted to the big exchange at month end, they are going on a tear. Meanwhile I believe there are some selling shares to cover warrants and once that's through then HIP will rise in along side HEXO. Right now people should be buying at 0.53, makes no sense not to. I know I was lucky enough to add a pile at 44 before the big move or I'd be adding at 53 as well.
Not sure what other's opinions are but why the F is this thing getting dumped at 53 cents when we could honestly see another offer come in at some point here. The Cannimed offer on HIP was much better was it not, and we all know what happened there... I sure hope someone comes to the table with a slightly larger offer for HIP, anything is possible. JMHO - Hexo low-balled HIP because they could, but in the long run this means good things for HIP shareholders, Hexo is one of the best recreational cannabis LPs out of the gate. HIP got a life-line here, and everyone will do well here just hold on for the ride! Good Luck All!
The only good thing I can see in this lowball offer is that the short sellers ...who have been driving this stock down for the past year....will stay away now. Who, in their right mind, would short this stock now that's it underpinned by HEXO's performance.