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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 > The close.....................
View:
Post by Stockmoves1 on Aug 21, 2018 3:58pm

The close.....................

We are officially in breakout territory having ripped down a double top..................... swing trade this puppy and u will get 83/84...... it will take a little time.... but we are officially very bullish. huge R at 84 ... Once 90 comes this is a different stock al together...
Comment by flyboy27 on Aug 21, 2018 4:02pm
My hat is off to you my friend, for calling that one! nice! exciting day
Comment by Ggeeman on Aug 21, 2018 4:06pm
i conteplated hard on unloading 91800 shares at 67ct for a loss of 16 k , and dropping 64 dimes at .1850 warrants before close .. Am i effin crazy ???? Any one ? Will do it tomorrow maybe. Just seems like these things will be in the money big time soon
Comment by quinlash on Aug 21, 2018 4:09pm
After what I seen today I would be inclined to hold...  massive volume and a jump of 21%... I hate ever saying this but it almost leads me to think something is up with the stock and we're going to see a NR that starts a big run... and I REALLY hate saying that as its pure speculation...  maybe you should wait and see what the morning numbers look like, if the bids are high then I ...more  
Comment by Billzare on Aug 21, 2018 4:33pm
I share the dilemma...I've been holding this stock since last winter, so you can imagine I'm still in the red BUT I haven't sold any yet. IMO still lots of room to keep going higher with Oct 17 coming and most likely more NR to come. 
Comment by Terrence11 on Aug 21, 2018 4:38pm
Would think it is a smart move, look at bid and ask on regular warrents
Comment by Thelonious on Aug 21, 2018 4:38pm
Ggeeman that would be a crazy play  sell at most 5 percent of your stock if you want and put that into the warrants.   putting it all into the warrants is insane risky
Comment by Iklee77 on Aug 21, 2018 4:45pm
Y is that insane.  Easy my in my opinion 
Comment by Ggeeman on Aug 21, 2018 4:55pm
i would be basically losing off the get go 16 k , then hope this baby flies . i do think it will fly ....what to do ?????? fml!!!!!!!!!! I break even at .85 but i know thse warrants wont stay under .20 much longer and im out of fire power
Comment by Ggeeman on Aug 21, 2018 4:57pm
thanks thelonious and all for responding. Much appreciated
Comment by Thelonious on Aug 21, 2018 7:49pm
Ggeeman you're welcome.  let me know what you decide to do.  But again if I were you I wouldn't sell all my stock to buy warrants.   Don't crystallize all your losses. if you believe the warrants will pop that means the stock will too.  I have more in the stock than I do warrants.   I know Oskar has all warrants but that's just his play money and ...more  
Comment by Iklee77 on Aug 21, 2018 8:01pm
Doesn’t mean much but I went with all A warrants. No stock  too much leverage to ignore in the A warrant imho.  $1.00 strike price will be upon us shortly. Glta.  
Comment by 7Twiggy on Aug 21, 2018 8:13pm
I went with the ordinary warrant. Most of my bets are with the large players. This is my gamble and at around .07 I can get a gazillion shares. Upside potential is worth the risk to me.
Comment by Ggeeman on Aug 21, 2018 4:52pm
thanks for responding . its definitely a bit crazy. Good point on the 5 percent, it does seem more logical .most people would cringe to hear anyone sell at such a high loss , although these warrants are getting super sexy ..any guess as to where these will end up if hip gets to the dollar ?
Comment by LAMBO on Aug 21, 2018 4:15pm
good calls stockmoves, it hit 68.. holy smokes!
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