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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 by User

Comment by goldman777on Jan 19, 2018 9:50pm
235 Views
Post# 27399150

RE:RE:RE:TOP PICKS

RE:RE:RE:TOP PICKS dude might of just been a day or two early - don`t know and don`t care about EAT, my money is on HIP with a significant position @ $1.27 average - pretty nice return so far on a 5 day hold on the core and pretty decent build on the trading side with the swings. Here`s what I know - I have looked over every scrap of information I can find, and if the Reuters report today has any validity ( and I think it does ) then we can expect a reallocation of valuations over the w/e. I suspect the original offer from CMED is shelved regardless of the unanimous approval by HIP share holders, I also suspect ACB had always wanted to acquire the HIP brand and just maybe these guys ain`t a bunch of dumb turnips. Do you think that ACB is happy with the price appreciation of all those CMED shares they hold - absafookinglootly - do you think that just maybe the HIP poison pill for CMED was deliberate from the get go and a beautifully orchestrated play to make everyone rich in an over valued sector - just maybe, do you think that just maybe it was a done deal from the start ? Purely speculative on my behalf and hard to say for sure - but these guys are shrewd businessmen building an empire. So, yes HIP will be engulfed by ACB and quite likely for somewhere around a 1 for 5 swap, maybe even a bit more generous - so I`m thinking $2.50 - $3.00 next week ..... so yeh, maybe millionaire94 dude ain`t so full of it after all, I think he missed his mark on CMED though - I suspect $45 - $50 pretty quick over there. We will see, but either way expect a big gap up Monday am, that is if all 3 issues are not halted pending news. Todays close was very bullish, remember the old saying " He who has the best information first prospers the most " I think the last 15 minutes of trading today reflects that statement very well, a lot of holders sold ahead of perceived profit taking - not so, Monday we soar !
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