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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 > My advice : time to sell
View:
Post by Lonurb on Jun 27, 2018 1:50pm

My advice : time to sell

No partnership, no news release. I sold my shares 2 weeks ago and i don’t regrets. I lost $$ hoping the company will do something good but it didn’t happened. I was in when the company had 300 millions shares out. Now, they have more than 550 millions out. It will continue. Dilution with a company like HIP is the worst thing after bankruptcy for shareholders. Its a dead end guys. Wilgar needs to be fire.
Comment by eSocial on Jun 27, 2018 2:23pm
You sold and you are still here....move on.  HIP will move forward without you. Everyone has a different stategy :-) GL
Comment by goldman777 on Jun 27, 2018 2:35pm
it`s not just HIP - check out the other juniors in the sector - sector wide blood bath as market manipulators trigger retail stop loss sell orders all in the name of accumulation.....revenues are coming big time, until then you gotta spend to build. Look at WEED and their quarterly loss on expenditures vs. revenues. HIP is no different, we have raised a ton of cash, are spending a ton of cash, and ...more  
Comment by GUY2012 on Jun 27, 2018 3:07pm
I agree with you goldman777....you say "market manipulators trigger retail stop loss sell orders all in the name of accumulation". And for who.....maybe those who participated in the recent BDF of 69 million shares for $51 million so as to minimize the effects of dilulution on themselves....or for a potential buyer (unknown to us), but that has expressed interest if the SP can be brought ...more  
Comment by mmjgaadzilla on Jun 27, 2018 3:47pm
This post has been removed in accordance with Community Policy
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