Newstrike Brands Ltd NWKRF

Technically Speaking.............

[Stockmoves1]

we need to test that double bottom... the market right now is fearful WEED doesnt produce a decent showing on its financials.... I read an article the other day that mentioned this will be the catalyst for the weed sector ... good or bad....

[Stockmoves1]

will 485 prove to be the test.. perhaps..

[quinlash]

I'm not surprised to see .485 but I am disappointed at the volume, higher than I like.  I think there may be some panic selling with the pot stocks right now due to the WEED and ACB pullbacks (in anticipation of financials I'm sure...).  The HIP numbers were ok to good IMO.  I will go out on a limb and say that we should see the SP settle back to .50 - .51 soon enough. 

[zoobadoobaaa]

This post has been removed in accordance with Community Policy

[Stockmoves1]

If we hold support and climb back over 50 we will retest 60 soobn enough... Im first looking for support to hold....

[flyboy27]

everyone as likely read tis , but for me it shows a b

[flyboy27]

try that again...       Up Cannabis Supports Ontario's Move to a Private Retail Model for Cannabis Sales 18 hours ago by CNW Group   Newstrike Brands Ltd. (TSX-V:HIP) ("Newstrike" or the "Company"), is pleased to provide the following comments from Jay Wilgar, CEO of both Newstrike and its wholly-owned subsidiary, Up

[quinlash]

I AM FLOORED !! Ok, let me pick myself up here and explain why... the post is not that impressive, what is impressive is that this shows HIP is becoming more vocal which means they are getting their name out in front of people now... hopefully they keep commenting on things like this and the company gets back on the radar of investors Thanks for sharing !

[TruthAboutHip]

It's a start ! One foot after the other and then you are walking.

[quinlash]

I have more of a cripple with a walker image but I hear what you are saying... lol.. GLTA

[TruthAboutHip]

Oh your vision had legs ?

[quinlash]

[flyboy27]

at time yes.   haha        bit of a messed up day.     feelin it

[TruthAboutHip]

Well a laugh is always useful on a "messed up day".

[flyboy27]

I think you picked up what i was trying to say,       

[Charles86]

it's been "trending" on the TMX a couple of months now, including today.  So don't worry it is on the radar on investors.  Most are still waiting for the next move before risking their money into it, but that's just my opinion. Personally I think I will buy a few thousands warrant A...at this price long term i don't think you can go wrong...again, just my

[Stockmoves1]

this week will determine a few things.. lets get WEED's financials out of the way first..

[TruthAboutHip]

Unfortunately, Newstrike's latest financials leave a lot to be desired. I can't understand why they are so unwilling to publicly get behind their product. So far all we have had is focus on the bank roll. That means nothing if you have no product. After you have product, then you will need a strong brand, which I don't believe they have really figured out yet either. Even after 3

[Stockmoves1]

A 100million dollars disagrees with you..... Someone feels with certainty these guys can pull it off.. The bank roll will be a huge first step in providing the muscle when the time is right... Investors  want to see their coin spent wisely.. Timing is key and with the recent confirmation of the feds going forward we are that much closer to a lot of potentially renewed interest in this sector.

[Thelonious]

what's your average stockmoves

[Stockmoves1]

around 36...

[TruthAboutHip]

Well perhaps the intention of the 100 million dollar people is not what you would think ? You wrote: "Investors  want to see their coin spent wisely". So if you can believe this then what is wise about how the "coin" is being spent here ? Look into the 3 million in "marketing" and the rest of the "major costs" ? This is clearly a company losing a lot of

[Stockmoves1]

thus the reason we are at 48cts vs a buck.....always a discount for mismanagement lol...... im more concerned about the timing of the market sector whether it rolls over...

[silkroad007]

Truth can you tell me which MJ companies you see as honest management or proper marketing?  Id like to kow which company in the entire sector hasnt been beaten down?  You make it seem like HIP is isolated here? As someone mentioned you either have a silver toungue or just more time to reply with paragraphs than the rest of us on our phone during a break. I disagree with your witch hunt