Newstrike Brands Ltd NWKRF

dow jones up 200 points

[GangstersPardis]

we should close green today

[pp19888]

Dow goes up or down, bleeding in MJ sector keep continues..., don't know which catalyst could drive the sector up?

[GangstersPardis]

or when are they done robbing us?? hip is still undervalued, with over a half BILLION market cap we should be trading close to $3, plus the warrants are very undervalued, compare them to others like namastes warrants are trading at .50cents and the stock is at 1.70 excersise price is 3.15 so they need 1.45 to go, we got 70 to go and our warrants are tading at less then a third of theirs

[flyboy27]

ya they cant tell us anything for a few more days ..   thinking I woulf like to drive down to the new facility   and look around a bit .          

[PinkyndthaBrain]

[PinkyndthaBrain]

sorry for double posting, im very patient with this company because i know the nr is gonna be worth it but how come a few days did they email u back?

[flyboy27]

They did email back    but just said refer to the last news release and gave the link,  you know they cant say f...all  or they could get in trouble., New is coming ..  should take a drone down there and fly it around just for a look..

[Ggeeman]

lol please do

[pp19888]

Whenever MJ sector gets into oversold territory, serious buys comes in or short squeeze happens, tomorrow looks like gap down in the sector then huge buying throught out the day. GL I am loading into WMD, ABCN and MARI which looks like way oversold compared to HIP.

[JJECYYZ]

Got the winning lotto numbers also? How does one come up with that forcast? How can you predict that....GAP down...then huge buying throughout the day.......tomorrow. Today hasn't even finished!

[pp19888]

Thats what happens after excessive sell off, this happend twice after Jan high with most of MJ stocks. It also happened with HIP when it went down to 0.70s, then came 70-80% in just 3 days, that's how i pick up my winning lotto tickets. HIP has certainly hold strong today, and lots of buy around 1.05, but i am talking about ABCN, and WMD. good buying opportunity tomorrow if gaps down. GL

[flyboy27]

That rebound was result of news relese from Jay Wilgar,  It was an update. and was very positive.    This is an investment.  when the leaves are on the trees in May  there will be leaves of green at Newstrike.. and more green in the bank   if folkes can just relax..   see what happens.  good luck to all

[silkroad007]

do you understand how valuations work or do you think a lower price means a les svaluable market cap?  If HIP was $3 is would be a 1.5B company, thats how things work.  Sp x shares equals market Cap.   Boggles me how many people on here and even people I know still thing a lower SP means a cheaper company period.  Same goes for your analysis on warants.  There are

[GangstersPardis]

#1 calm down #2 of course i know the valuation works, but all that goes out the window in this volitile sectoe #3 how do you explain other companys with a way lower market cap and way higher price??? clearly i was comparing to namste etc... #4 your frustrated with the market dont come here acting like a pro, theres ways of talking and dealing and debating with people #5 stick your evaluation up

[silkroad007]

How am I the goof?  and "calm down" ?   okkkay.. stick to the left my friend. #3 how do you explain other companys with a way lower market cap and way higher price??? Dude, you keep sticking your foot in your mouth, I already explained this in which you stated in point#2 you know how valuations work.  Clearly not lol Also - I am not frustrated with the market at

[silkroad007]

Also you seem to be mixing up valuations and stock price.  Yes valuation sgo out the window in this sector, true fundamental valuations based on a balance sheet.  What you were talking about was not understanding why a stock price was higher on a company with a lower market cap etc.  Namaste or whatever.  You seem to be forgetting it matters how many shares are outstanding as

[GangstersPardis]

okkk you got me, i cant believe i even answered you the first time, you seem to have a problem focusing on answering the important question of the debate, either way have a good day and good luck

[silkroad007]

You seem to be the one delfecting not me.  What have you answered and more importantly, what is the "important questin of the debate". For the record I do think these warrants are undervalued and should be in around .45 based on days remaining until strike price, stock price, and volatility.  Not because I compare it to a peer on a sheer $value.   Namaste Market cap

[pp19888]

Put it this way, warrants would give nice stability once profit takers are gone even if sp continue to decline. That’s why I would rather fell comfortable holding warrants than stock itself. Gl 

[GangstersPardis]

lolol your shooting yourself in the foot with every post, I POSTED "hip shares and hip warrants were undervalued compared to other companys in the sector with lower market cap and a higher sp"" YOU POSTED ""if HIP was $3 it would be a 1.5B company, thats how things work. Sp x shares equals market cap"" I POSTED "" valuations go out the window with this

[aceupmysleave]

This post has been removed in accordance with Community Policy

[VeritasVern]

MJ stocks are likely not that correlated to the movement of the DOW so not sure why those on here continue to make that reference. Usually the comparison is to make excuses for non-performing. MJ stocks are currently being assessed as a performing stock. The expected revenue has to justify the stock price. At current market cap of $500 million (sp $1.04) that is already factoring in large revenue.