Newstrike Brands Ltd NWKRF

RE:most company's loss money the first few years

[DJPB1984]

Ok sure you have a point there but we aren't talking about a blue chip stock here with little volitility. This stock could go from 0 to 100 and back to 0 with where the PPS is at. Anyone playing  on the venture in Canada and OTC or QB in US markets never usually holds long term. They hold for quick gains sell and repeat if stock still showing momentum and others wait for big news then they sell to the momentum to take profits. No one is going to hold this long term like Apple, or Microsoft and wait for this to reach $100 which by the way I never see this happening not even $50 for HIP as would never be true value for company.

I will say I do see there being more momentum swings as legalization date approaches but once that happens what will be the true value of HIP and where the PPS settles at. Remember this is a company like you said building so what if true market value is $1.00 to $1.50? Are you saying people should continue pumping in July when this is say $3.00 or whatever the PPS is? I think not. Right now fair market value according to Morningstar is $1.29 and has fluctuated around this price for some time so this gives people a sense of what to expect going forward.