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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 > 0.59 to 2.95 again??
View:
Post by Trade4fun on Apr 24, 2019 12:56pm

0.59 to 2.95 again??

HIP jumped to $2.95 back in January of 2018

Does anyone on this board think we might see a repeat of that frenzy; particularly since this deal with HEXO will probably be confirmed at some point soon?

I'm just wondering if I should buy now before something similar happens

Serious and respectful replies only please.....thanks
Comment by quinlash on Apr 24, 2019 1:12pm
Too many things have changed with HIP since then.  The number of outstanding shares has increased, HIP was not licensed back then and had no provincial deals.. I could continue but the list is too long....  FOMO was also a major factor in that run up with the CanniMED deal in the works. Anyhow, long story short, I am not sure we could see $2.95 but I personnaly think the company is ...more  
Comment by quinlash on Apr 24, 2019 1:53pm
On the topic of trading. Whenever i am on the fence about a buy or sell i usually to a partial trade. You can do it based on dollars or percentages. Half, thirds, quarters etc. Just try not to over commit and not give yourself the option to average down. Protect your real dollar investment and let the gains be what they are, don't get greedy... hope that helps
Comment by Ggeeman on Apr 24, 2019 3:34pm
they weren't anywhere near as diluted back then , helping the SP move . That , and the fact that there was a massive short squeeze
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