Newstrike Brands Ltd NWKRF

I`M REALLY STARTING TO WONDER

[blobboy]

So, in the past I have always felt the smaller players like HIP will do well while the large caps which are still grossly over valued will falter when the earnings start petering out. HIP is a little different as it has focused primarily on the recreational side of the equation. The bigger names already have shown income from the medical side and should in theory rally on any additional income stream generated through recreational sales. But...very view analysts I have been listening to are optimistic, today alone on BNN two showed obvious disdain. Brian Acker who many love to hate is an incredibly smart investor IMO, his words of caution make me listen. And he is not alone in his view points. If the big players disappoint he says the market will be brutal for them and absolutely crush the sector, so for months we have seen how HIP follows the big boys....I`m not so sure HIP will buck the trend if there is an onslaught following not so great earnings. Obviously what is hurting HIP is the TSO, lower volume on the once hot warrants is also telling - sure we are only a couple of weeks in, sure it was a brutal October, sure it`s early innings for the sector...but I see no real catalyst moving forward for HIP other than hopeful stellar sales revenue. And I mean stellar, if the sector gets whacked down another level especially with TLS near, better get out the HIP waders cause these things can drop a lot lower and faster than any one thinks. Cautiously optimistic but thinking of paring back my exposure in this sector.....looking at Canadian oils, gotta see a bounce over there soon as that sector has been absolutely pummeled. The energy patch is 1000 x bigger than the cannabis sector, government intervention is coming and the group should do well. TLS is a major concern now for both sectors. GLTA