OTCPK:NWKRF - Post by User
Comment by
VeritasVernon Feb 13, 2018 4:09pm
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Post# 27553259
RE:RE:RE:RE:General question (applies to HIP at the moment)
RE:RE:RE:RE:General question (applies to HIP at the moment)Dontpanic wrote: Volatility is one of the reasons why Newstrike is shorted so heavily. Newstrike is shorted more percentage wise than the majority of MJ sector stocks.
Right Panic. If you look at the chart of HIP going back to late Dec you will notice that the sp increases as volume increases. We all know it was because of the Cannimed deal but that now has blown over volume plus share price is now in a decline. That pattern is likely to continue hence part of the rationale for the shorts i suspect.