Newstrike Brands Ltd NWKRF

HIP.WT.A

[goldman777]

I`m thinking we aren`t seeing real trade volumes on these warrants. I bought 75,000 @ 9 cents while my trading platform shows bids @ 8.5 and a solid ask @ 9 cents. My orders @ 9 cents get filled immediately yet the volume doesn`t change. It was 82 k before I bought 75 k - are these not trading on the open market like the common share and shouldn`t the volume change accordingly. Does anyone have an accurate total volume for Fridays trading.

[run33]

There is a hidden BMO computer algo dumping paper. They will be out of ammo soon.

[goldman777]

seriously...how could you know this ? Correction to original post - the solid ask was @ 9.5 but my 9 cent bids get filled instantly.

[flyboy27]

I am showing 92K for the day,  I also bought a few more today

[goldman777]

I trade through CIBC, volume showed 82,000 before I bought 75,000, then it closed showing 92,000....so I`m knowing total volume should have been atleast 150k or more. Perhaps the previous posters comment has some truth to it - maybe a hidden sellers account. Either way with a 5 year window of opportunity it certainly looks enticing below a dime...basically the warrants were a free add on to the

[run33]

There are no losses on the 75c PP.  They shorted above that price and then covered with the short form PP. Same with the $1.35 PP.  In effect retail financed the company by overpaying for the stock. Fund long exposure on this stock is low, around 5% - probably why management threw out a consolidation to tank the stock down to levels that would entice them to crawl onboard.  Don

[Angelized]

This post has been removed in accordance with Community Policy

[Thelonious]

Oskar what do you think of what run 33 is saying here?  doesn't make sense to me why a company would do a pp then short the stock, they win more if the sp goes up.   a company invests because they believe it's a good investment. also if they are going to short it they can just do that  I'm doubtful they are allowed to legally short the stock then make a pp deal

[run33]

Sorry to burst your bubble, but thats how the majority of marijuana LP financings are conducted. It's risk free money for the financiers. Notice how management dumped a pile of stock over $1 at the beginning of April (check SEDI yourself) and then announced a stock consolidation in the management circular in late April? The financiers hammer out the shorts and then cover with the $.75PP as the

[Thelonious]

ok what you say kind of makes sense but the insiders like Jay who still hold a lot of shares will still get burned by the drop in SP no?   They are willing to take a big hit in their net worth for the sake of the company?

[flyboy27]

If the manipulation is true,  and it does make sence with all that has happen to sp,  Jay bird will get his pay back after October.    hope we all do

[Ggeeman]

finally an explaination that adds up . thank you run33. I totally agree now that i am aware of these greedy moves , and it explains all the holes in this story ( like managment acting as if we don't matter) . only positive i see here is that they might attempt another run at this. Hopefully they have something they are gonna announce that will start the run

[Thelonious]

assuming run33 is correct, the PP people have made their money running this down, now they can make their money going UP too so that we and Jay and other insiders can make our money back and then some 

[FXtheknob]

One problem with this is that it is highly unethical. The security commission would not allow this type of manipulation. Complete nonsense nothing more that a conspiracy theory.

[run33]

</br / ive worked both sides of the fence. wake up don't be a sheep.>

[run33]

You've got to be kidding me, right? "Highly unethical" YA welcome to the Venture exchange. Please tell me exactly WHAT part of this is conspiracy? Because it is all verifiable with a paper trail.  This is why sheep get bent over, you don't even realize you're taking it straight up the arsehole as it's happening. That said this is a huge buy here.

[Ggeeman]

lol ive heard it all now officially !!! Unethical lol

[Thelonious]

wouldn't it be insider trading though?  

[flyboy27]

Yes sir that is correct..    I did only buy 10 k  that made it 92k   there must be some other account. also I do think it is 1 for 1 warrant to share   the unit offering is different,  we are buying the A warrant 1 =1 scommon share    I have had this conversation before,  and was corrected.  it says on Canadian warrants website 1= 1 ....  

[Thelonious]

flyboy, the problem with the A warrants is the volume is so low  basically just over $8k worth was traded yesterday, that presents liquidity issues.   they would be a better deal if the volume was higher 

[flyboy27]

Yes   It will change  but only after we have sales and things get moving,,  it is a little depressing watching the investment tank this much.  we should not be at this level currently

[Thelonious]

Flyboy, yah for sure depressing to watch this thing keep going down.  I've been averaging down but I have faith this stock will recover, we are at a ridiculously low price now.    PPs at 1.32 and .75 for a total 118 million in cash equivalents,  sales license,   mous from BC and Alberta    our market cap is just over double the cash equivalents and we

[run33]

Look at the trades on stockwatch.com... they show alt-market trades. https://www.stockwatch.com/Quote/Detail.aspx?symbol=HIP.WT.A&region=C Using black scholes modelling it would appear BMO is giving the stock a volatility of ~50% which IMO is too low, its around 82%. It is what it is, and I'm taking advantage.