OTCPK:NWKRF - Post by User
Comment by
VeritasVernon Mar 13, 2018 1:29pm
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Post# 27707737
RE:One last question regarding warrants
RE:One last question regarding warrants Ggeeman wrote:
I have noticed that the volume has dried up quite a bit . is it not concerning with regards to being able to liquify a position ? Is it low because not enough investors care ? Also do institutions buy warrants up on the retail market? Was wondering if this would help pick up some volume . otherwise it seems like its not worth holding long because of the chance that not just time value will decay , but it will have less investors than we have now interested even less I cant seem to find an answer anywhere . Anyone please that can answer that thank you in advance .
The easy money was made in Jan when all the new investors piled into MJ stocks to become rich. It is now back to reality and making profit from here going forward will likely be based more on true valuation. Without anything materially changing I can see this stock trading at a range of $1.00-1.30 in the next several months.