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Bullboard - Stock Discussion Forum 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 Discussion

Newstrike Brands Ltd > consolidation
View:
Post by battlemore21 on May 09, 2018 7:43pm

consolidation

Ok I don't know anything (it's awesome)but at .90 cents it's easier to go up .09cents than it is to go up .90 cents on $9.00 I know it's the same value .10% And if something incredible happened at pre-consolidation I own more shares so if .90 went to $3.00 -I'm up $2.10 @10000 shares that would be $21000.00 --but if something happened at consolidation I would only have 1000 shares and it went up 2.10 I'm up only up $2100.00.-or is it that if news makes a .90 stock go to $3.00 it's big and it would make a $9.00stock go to $30.00.yes I'm a fool lol-nothing wrong with saying I don't know.If more people asked and admitted they don't know something it would be a better.Its called learning.
Comment by 321Blastoff on May 09, 2018 9:12pm
Not a fan of reverse stock split in general and I think it is a dangerous move to make right now for this company. Who knows what the ramifications will be but I will vote against this move unless the company can clearly illustrate why they are taking this action. There are no guarantees I realize but going sideways isn't too bad when you have all of the momentum behind you that Newstrike has. ...more  
Comment by smorgasbord on May 09, 2018 11:26pm
This post has been removed in accordance with Community Policy
Comment by 321Blastoff on May 09, 2018 11:36pm
Traditional positions are not necessarily intelligent positions.
Comment by smorgasbord on May 09, 2018 11:11pm
This post has been removed in accordance with Community Policy
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