Newstrike Brands Ltd NWKRF

RE:Walking down the price

[TheInsider]

jsg335 wrote: Been trying to figure out why this selling has been relentless and now I'm starting to think that someone is walking down the price on purpose.  Hoping to spook weak hands out and then buy everything.  It's a good shaking of the tree move.  It's making me sick, but I have a funny feeling we will see a big pop soon.  Very odd trading lately

Definitely what's happening here, and it's being done on purpose so that our friends can re-paper themselves at the bottom and run it again.

The threat of a rollback (3 months ago) started it off, now they just let it drift down as retail feeds on each other. 

There is literally no point in conversing with either management or IR. They are your enemies not your friends.

I think the final flush happens when they announce the actual date of the rollback, then you buy heavy on the final puke-down.