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Bullboard - Stock Discussion Forum Newstrike Brands Ltd NWKRF

Healthcare Biotechnology Cannabis
"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 > Friday run
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Post by EagerBeaver1972 on Dec 31, 2018 6:55am

Friday run

Anyone have an idea what caused our Friday run, and will it continue?  Think pot stocks will get caught up in today’s uptick with renewed potential of Trump/China deal?

i have never seen too much impact on my investments from market tax loss selling, but maybe last HIP increase was due to this pressure being gone. Or maybe that expansion is on time
Comment by Ggeeman on Dec 31, 2018 9:43am
tax loss season is done and lots of money sitting on the side waiting to see if the trend reverses
Comment by quinlash on Dec 31, 2018 10:36am
Well I can take one good guess at Friday... myself and another investor were moving back onto HIP and we made a number of buys under .40   I held HIP for sometime but had been holding out for them to announce an international deal.  When that didn't happen in the timeframe which I thought was reasonable I exited and moved onto another MJ stock.  Now that HIP is flirting ...more  
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