Newstrike Brands Ltd NWKRF

Told u guys a M&A is coming

[nomnom]

This stock is at the hand of “interested party”. What other possible explainations could this be? Shorter? The shorting position hasn’t changed. Bad news? None!

[Ggeeman]

whats your source ?? Let's see what you got

[quinlash]

Not sold on that but you can't help but wonder.  It appears to be a pretty big and coordinated MM effort, more than I would expect to see from players looking to cash out on a bump in SP with QTR report coming up.  With HIP being out of the limelight for so long... maybe there is something more brewing.  For me I'm sticking to my routine for now, just holding my core block

[nomnom]

cant u tell the strange trading patterns over the past week? Large block HFT trades. Ladies and gents what u r witnessing is a classic mm manipulation before a M&A deal. Tell me an alternative explanation to this.

[quinlash]

I've always enjoyed theories on BigFoot :)  seriously though, definately looks like something is being worked behind the scenes.  Maybe it is M&A, maybe someone caught wind of HIP getting uplisted to full TSX..... or better yet... maybe they are friends with the kid that was supposed to be updating their website and we will soon discover that they are producing more than we

[nomnom]

who do you think are selling and buying for the past five days? If you look at trading volume more carefully, you might notice that the whole dump started last Friday morning when two big blocks were dumped at 50 & 48, and at end of last fri, there is another 3.5m shares “traded”, but you can tell this is a fake trade done through HFT. I was monitoring this stock at that time and I did not see

[VeritasVern]

I know! Apparently you have been the buyer nom! You've been buying from 52 all the way down with seemingly no end in sight to your cash. Perhaps you should have waited to the end of this week to spend your hard earned cash.

[Ggeeman]

look who is back lol...how's prev going Vern lmao ..beat it you useless troll

[VeritasVern]

Ggee you consummate bag holder. You are only good at blowing hot air and I figure you are down at least 50% on this lagging dog. As you know I buy/sell stocks. So to answer you question I bought PREV at 04 and sold between 08-11. Waiting on some good news to decide if I should get back in. Keep sinking more good money after bad into this stock that cant even get supply agreements with legitimate

[quinlash]

Wow, you nailed it.  Supply agreements with 7 provinces is nothing ... ? plus the medical supply agreement and the former CanniMed team.. all junk.. let me queue up my sell order here for you...  

[VeritasVern]

quinlash I was referring to the supply agreement w ZYUS and Neil Bros specifically.

[Ggeeman]

ignore that clown ...he ain't worth it..only shows up to bash

[mozzarella]

This post has been removed in accordance with Community Policy

[mozzarella]

This post has been removed in accordance with Community Policy

[SKL6600]

I really want this downtrend to be from M&A as well but who knows. I think HIP is doing great things behind the scene and I am willing to wait it out. GLTA.

[flyboy27]

Canopy    https://www.marketwatch.com/story/canopy-growth-revenue-beats-expectations-rises-283-as-it-reports-earnings-2019-02-14

[quinlash]

It's interesting to see that both ACB and WEED have an average selling price per gram over $6. That's much higher than what i was expecting. Maybe the rec sale of pot to the provinces will be a bit lower but I'm optimistic now that it may be more in the range of $5 to $6 per gram.

[flyboy27]

Quin  what about Canopy selling 10200kg inQ3   Is it possible Hip unloaded all its stored product ?  might be similar?????

[Stockmoves1]

Canapy 70$ Hip cant get 70cts.. I feel there is a huge disconnect... 7$ seems about right...... next time lol

[flyboy27]

Things are just way wrong,  we will watch when a few more of the smaller LP give there numbers,  could be a few surprises,  HIP$$$

[Stockmoves1]

A total disconnect is what I see...

[quinlash]

It's reasonable to expect HIP sold virtually everything they had on hand along with whatever became available during the QTR. Due to the pleasures of navigating HIP's NRs to shareholders, youtube interviews etc... the challenge becomes trying to estimate what the quantities would be. Jay noted... on youtube of course... that 3000kg of product was in inventory pre legalisation so we can

[quinlash]

Actually i just ran it again with $5.50 per gram and we're north of $20 mil in sales