Newstrike Brands Ltd NWKRF

RE:Lulz

[mathandmass]

mathandmass wrote:
You guys are funny. To effectively penny flip you need the volume. Graph like seismic activity. The volume on HIP is so low today you can hear a penny drop. Nobody is going to penny flip with that! Also, how do you tell "institutional" from non-institutional trades? Most people use some sort of online platform to buy and sell. So their orders will register as that brokerage. If you see CIBC there or something that does not mean the bank is buying - it's the customer who is buying using their platform. The big buy order that took all lots from .54 to .59 today could have come from an institutional investor. Or from someone who has a lot of cash to play with and just clicked buy at market price either by accident or cause they don't care. With today's volume it would have registered as that big spike.

By the way, most institutional trades are done afterhours. You know that special "big boys only" time between 4 and 4:30 when you can't buy or sell, yet the price moves. There are also high speed trading algorithms that do what you call "penny flipping" but trust me, nobody sane would target a sleeper stock like HIP with that. No offense to anyone, but stockhouse bullboards are like the biggest gathering of conspiracy theorists after Infowars. Lol. If you look on any other company boards they all say the same: "OMG. Manipulation!" Some evil powers are at play, no less. What really is happening rn is basically money sloshing around. Panic buy/sells because of market uncertainty. And they are only making this uncertainty worse by amplifying those swings. Cannabis market attracted the biggest influx of novice investors in the history - this is no news to anyone. To the point where some banks trading platforms would fail on some "hot" days. And I won't look down on hose people - they are learning. But what happens is they buy what goes up and sell what goes down because they are afraid to lose any money at all. So it goes "buy buy buy! Oh noes! Sell sell sell". Thus the overvaluations, thus the volatility. It's not the evil powers. The evil powers largely didn't even touch this market yet because the industry has not matured. The risk factor is too high, legalities uncertain, revenues unpredictable, etc. Those guys don't screw around. They only make sure bets. It's the little guy who has to take big risks. Big money does not take any risks at all. Cause no need. They literally trade by the book. You won't find many of them on TSXV at all. If they ever deal with Venture anything, it's in the form of loans, seed capital. They not gonna sell HIP, buy CROP, then sell CROP and buy CR*P, and then back to HIP million times a day. Ain't nobody got time for that. Scared retail investor money sloshing about. That's all you are seeing.