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Newstrike Brands Ltd NWKRF

"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

Comment by goldman777on Aug 25, 2018 11:19am
235 Views
Post# 28516911

RE:RE:Consolidation

RE:RE:Consolidation
Iber0star wrote: i hope there will be consolidation i sold everything i had at the bell !

That was my approach on Thursday betting on a Friday sell off, but as we know it wasn`t to be.
So I sat in front of my computer for the entire afternoon Friday trying to pick the sweet spots to buy my positions back. I was surprised at the continued strength on a Friday after a strong week...to me this indicates the rally will continue next week. I suspect we don`t take a breather until we near the $1.00 mark which will likely occur sometime Wednesday. The warrants will follow suit with healthy runs, just look at the volumes the last few sessions. I think you will be chasing to get back in just like I did on Friday...so look for another 25% upside next week. And if once again there is no Friday sell off next week the pattern should repeat after the Labour day weekend. With six weeks to go there will be steady news flow from the sector stoking the fire, I suggest now is not the time to sell. GLTA.
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