OTCPK:NWKRF - Post by User
Comment by
predawnon Oct 16, 2018 1:49pm
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Post# 28811689
RE:RE:RE:Get real
RE:RE:RE:Get realone of the most pointed and reasonable posts on here and I share the sentiments 100% especially after that scary FP news article out yesterday I posted ;;;
mathandmass wrote: I wish you luck with $2.60 target (not being ironic). I personally do not believe in Jay's leadership. However, I also do not believe in HIP being "manipulated". The truth it Newstrike is just a really boring company. It was not created because Jay was "excited" to be a billion dollar player in this space. It was just created to capitalize on the sector fever and sell the company for a profilt The SP stays the same because it's largely held by general market momentum. There's just really nothing to get excited about. For each buyer who decides that it's one of the few companies that are not crazy overvalued (true) there are 2 sellers wanting to exit because they are tired of watching paint dry (also true). The company is the definition of mediocre. It will make some money in the short term (1-2 years), but in terms of going places - very unlikely. The big boys will eventually own the market once the economics of scale kick in. Just my opinion.
HIP will post profits, but so will everybody else. And? There is another sleeping beauty in the sector - GLH. They are already making millions of dollars of profits and share price is just as flatline. Cause it's boring. Small and boring. Investors get excited about big things. Especially in this market. Like yeah, invest in HIP to make 20% by December. But many people want to make 20% by next Monday and there is really nothing you can tell them to make them buy HIP.