OTCPK:NWKRF - Post by User
Comment by
quinlashon Apr 29, 2019 3:02pm
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Post# 29684820
RE:hip.w
RE:hip.wIf you are not sure about the original warrants you could simply pull together a quick spreadsheet to work out the gains based on the SP of HEXO and how it relates to the HIP SP hitting the strikeprice. If more news comes out there will likely be a lag between when the news comes out and when the warrants jump. If your projections show a decent return from the trading value of the warrants then you could place a quick buy order to grab them...
Another option is to place a partial buy at a low price, eg .025 cents or .02 and let it sit, maybe a warrant holder will get nervous and dump a bunch of them. If you get in lower your exposure is limited a bit more but be careful, percentage change at those prices is dramatic so your profits could be massive and fast but so could be your losses.
I hold the originals in my regular trading account so any loss I may suffer with them will at least be a tax write off. If you take a loss in a RRSP or TFSA account the losses are pure losses. If you hold originals in those accounts you may have the option to transfer them over to a regular investing account but you will need to talk to your bank to be sure you have contribution room in the accounts etc and have them do the transfer
Hope that helps,
GLTA
robins1 wrote: HIP.W ...I dont understand the enthusiasm here ? Hexo 27.00 by next Feb . huh ... they are worthless .But Hip.WTA .... hexo $15 in 4 years ... great value . Hip.w supporters please explain ???