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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

Post by mathandmasson Nov 14, 2018 11:05am
107 Views
Post# 28972256

Poor timing - that's all

Poor timing - that's all
Hip investors didn't get a chance to make any significant money this year (except a few lucky penny flips) just due poor timing and lackluster PR. Now people are divesting from the sector as a whole. The bubble is deflating, as it should. It will be more difficult to make money in cannabis sector because it is fair game from now on - revenues or bust. No more hype and selling dreams. I would NOT chase the price in the next 2-3 months. Especially on the big names. Disparity between what's real and the SP is too huge. You might make some money intraday but the risks are hardly worth it. The general movement will be down for a while. As for HIP, if you didn't sell in the 80s, I would not sell now. Just freeze it till April and see what happens. No point checking it daily.
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