OTCPK:NWKRF - Post by User
Comment by
KingMidasAuon Jan 08, 2018 10:52am
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Post# 27305857
RE:RE:RE:RE:Another Marijuana company involved ?
RE:RE:RE:RE:Another Marijuana company involved ?Could make that argument but it would be tenuous right now. The deal between CMED and HIP moved HIP into the .60 range (with some solid dips) but which held relatively stable. Until last week when it announced the deal with CMED to sell product and the sales license and we have moved up every day since so its hard to say where it will settle. Now how much of the potential merger was baked into the price at .60? Hard to guess. Or does the market like HIP more now as a stand alone with its sales licence and production? could say that. Especially with ACB publicly buying chunks of CMED and looking more and more likely to complete the hostile takeover(HIP is not included in the deal but this is already known). Would HIP still have a sales partner if ACB takes over CMED or would ACB cancel the deal? Not sure there either. I would say the market likes HIP more as a stand alone with its sales license now in hand, but not sure where the sustained price will be. Looks like we are moving higher today though! More questions then answers, sorry. Any experts on board?