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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

Comment by quinlashon Jan 14, 2019 2:33pm
54 Views
Post# 29229239

RE:RE:TA...........

RE:RE:TA...........ACB and WEED are seeing some huge jumps however those two stocks are prime targets for pumpers and short-sellers, regardless, I see the uptick in pot stock prices of the major players as being an indication that sentiment is coming back to MJ investing.  With that said I would not want to invest in those right now, too close to (or over) their eval numbers.. no reasonable expectation for a return on those at these levels.

HIP being out of the limelight right now and trading under the eval number of .82 tells me there is still money to be made here, the 200 Day SMA of .66 also makes me think we're better off holding rather than risking a sell and not being able to get back in.

If we get a buy out before the SP hits the 200 day average then I will consider that as gravy... a whole ton of gravy
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