Newstrike Brands Ltd NWKRF

RE:Shady but true

[goldman777]

HIP does not stand alone in the sector correction and even seemingly good news has little to no impact at this time. Have a look at Invictus today - GENE, some good news as they move towards gaining market share with merger agreements and still the stock sells off. GENE is down 40% + in the last few weeks. So aside from the short comings from the IR department I don`t think it is fair to put all the blame squarely on the shoulders of the company. Aside from buying on mis-information, which presents a degree of distrust...I think what we have seen here is the "catching the falling knife" mentality for most investors - myself included as I now have a sizeable position with a 60 cent average. We can all agree that no one can put a true valuation on these companies until the sales actually start and we get to see some numbers. The sector remains speculative at best at this juncture....but that being said....there is obviously some big money bets that demand will far out pace supply. I`m in this camp and although it is painful now I do see the future potential for impressive gains. But make no mistake - this is educated guessing at best. Lets hope the bottom is in and the sector rounds the corner. GLTA