Post by
Soccerguy on May 27, 2018 6:38am
Confused.....
About 4 months ago Newstrike did a bought financing that generated $80 mil at a price of$1.32. You would think the price would have held near that or even above. This group has now seen the stock drop .70 cents. Is this normal.......you would think they would do this financing if they saw some huge growth potential. Thoughts?
Comment by
DirtySteve on May 27, 2018 9:34am
Seen it happen many times before. This seems a little extreme though with the percentage drop. I do feel it will recover in time, extreme shake of the tree, hold on people.
Comment by
mmjgaadzilla on May 27, 2018 11:44am
This post has been removed in accordance with Community Policy
Comment by
nanaimo16 on May 27, 2018 4:18pm
In the event this financing does go well, this will leap back up to around $1.75 for starters. Most HIP investors are averaging well over $1.00, lets say $1.12. The real HIP investor is buying right now under 70c.
Comment by
Thelonious on May 27, 2018 7:06pm
this should run back up soon sale on shares lately. hold tight and if you can buy some more. the last time it dipped this low it doubled. it can certainly happen again.