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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 11:14pm
212 Views
Post# 27399441

RE:RE:RE:RE:RE:RE:TOP PICKS

RE:RE:RE:RE:RE:RE:TOP PICKS With all due respect I think your wrong, CMED - HIP deal is off the table, new negotiations over the w/e with a sweeter deal. My bet is that ACB wanted HIP all along, smoke and mirrors. So the couple of hundred million shares that have been bought above .033 are all wrong, do all these buys represent niave, short sighted retailers who don`t have a clue. Does todays entire trading session represent a losing trade - I think not. Monday sees a significant gap up for HIP. That being said I have no more inside knowledge than any one else who posts here - educated guessing at best. If the Reuters article is accurate then the original CMED - HIP agreement is to be renegotiated with ACB entering the fray with a friendly, more generous offer. Just one mans opinion and every ones DD probably brings them to a different conclusion. Either way I`m rooting for a higher CMED s/p to cover my bet if I`m wrong .... and maybe I am, we will all find out soon enough but I`m pretty cozy in at $1.27. I think we go substantially higher, the 15 million shares traded today higher than .033 can`t all be the blind leading the blind - obviously I`m not the only one who thinks a better deal is in the works. Maybe CMED hits $75.00, I think ACB might like that - would pretty much allow them to pick up HIP for free with their CMED share price appreciation over 3 months of accumulation - just saying. Let`s see the next card in the deck. GLTA
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