Newstrike Brands Ltd NWKRF

100 share dumps

[TheEdiot]

Here we are again like Friday - someone just dumping a 100 shares every few seconds to hold the price down.  LOL.  Buying on the dips, so all the power to them!

[Raidenlou]

Yes I can see it, every 13 seconds 100 shares...

[Swampcat27]

  its been the same repetitious trading , within reason, for the last 2 wks (approx)  nothing new.   

[Dontpanic]

Are you charting this over the last two weeks? You should try it. Also, I love having live streaming level 2 data.

[Dontpanic]

The sector has begun to stabilize, the shorters may be selling so they don’t lose. We may see an increase in the sector as a whole soon. just my opinion

[Swampcat27]

 Oh?  and how so Dontpanic..  Do tell. I would love to hear your "opinion"...

[Dontpanic]

I just gave you my opinion...are you not watching what I’m watching?

[VeritasVern]

Perhaps the smart money is where the shorts positions are? They cant all be clueless could they? After all HIP has a current market cap of $470 million with little in sales. Also there are a lot more mj companies out there that may be better positioned and with a much lower market cap.

[Dontpanic]

I don’t think shorters are clueless at all Vern. They’re just playing a different game. I believe that what we are seeing is some stabilization and a new average low at the current share price. Shorters selling off shares because there’s no money to be made on the down turn if this is the new average low. They can only hold the share price down for so long and then it will go up and they are

[Swampcat27]

its actually a better game trading short..  Theres more risk and you have to know what  your doing...