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Newstrike Brands Ltd NWKRF

Healthcare Biotechnology Cannabis
"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

Newstrike Brands Ltd > Fight time who's hitting the canvas
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Comment by KantoTerroron Oct 16, 2018 2:00pm
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Post# 28811783

RE:Fight time who's hitting the canvas

RE:Fight time who's hitting the canvas
ConerMcGregor wrote: Leave tomorrow scenario aside. Sell orders mean nothing. Balance sheet what counts. Can they survive a drastic down turn. The company has not maintained a sufficient level of current assets to meet its obligations with the current ration last standing at 0.34x which is below the prudent industry ratio of 3x

Looking across the whole sector...almost everyone is in the red. This stock was above $.80 3 weeks ago...but remember it was 50 cents before that. When in doubt...put it on sale...Everyone here are mature enough to decide what he wants to do with his stocks..
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