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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 DJPB1984on Feb 09, 2018 12:52pm
166 Views
Post# 27534305

RE:Charting chat -

RE:Charting chat -I talk to so many client's as I work in the financial sector and there are so many who listen to all the news and media out there who play up the market dowturn as a potential crissis and panic sell or get out. Honestly investors make it worse on themselves by selling and not waiting for markets to recover if their goals involve a long term time frame where they don't need to use their funds. Now stock market is different as there is greater volitlity where investors tend let emotions dictate how they invest especially with stocks including MJ sector and small cap stocks like HIP but what I see here is if market perception is still low and investors see this as a negative, stocks will continue to decline. I'm not against charts and they can work at times but whem times of uncertianty are around I feel everyone needs to throw charts out the window.

I still have belief that the MJ market will recover into the legalization in Canada but once in place will be interesting to see if these stocks including HIP can hold gains or not.
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