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Newstrike Brands Ltd NWKRF

Healthcare Biotechnology Cannabis
"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

Newstrike Brands Ltd > HIP Over-Allotment Option TELLS Me Trading Is A MIRAGE !!!
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Comment by Swampcat27on Feb 20, 2018 5:01pm
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Post# 27590199

RE:HIP Over-Allotment Option TELLS Me Trading Is A MIRAGE !!!

RE:HIP Over-Allotment Option TELLS Me Trading Is A MIRAGE !!!
Eigen337 wrote: I have NEVER seen anything like this in my trading life !!!

The BD underwriters are NOT stupid !!!

They expect to FULLY ALLOCATE their share distribution and collect their fees and warrants and COME OUT ahead !!!

So this MEANS that the shares being traded (the majority at least) are NOT actually being BOUGHT and SOLD by different players but merely flipping in and out of various accounts to FOOL the public.

If somebody actually want to BUY 9+ million HIP shares on the OPEN PUBLIC MARKET within period of a 10 trading DAYS, the share price of HIP would skyrocket !!!

Anybody have a better EXPLANATION ???!!!???

This is my opinion only.

Eigen337


  You could be right about mirage trading....it sure looks repetitious  i've noticed. Makes me wonder whats  goin on.....as one member said, could be alogorithmic  trading. 
  But that I do not know.  Or anything else for that matter !!   LOL...   

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