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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 Feb 14, 2019 11:05am
48 Views
Post# 29364069

RE:Short

RE:ShortThe volume could be from a short taken out at .50 or higher and the shares are just coming back onto the market now. Shorting from the low .40's when the 52 week low was .35 seems unlikely but you never know, if someone has knowledge of something negative occuring, or reason to suspect, they could be shorting it even from here.

The company financials, provincial agreements and RBC reviews lead me to believe it is a relatively safe play, that's another reason I decided to hold but that's just me.  

JMHO
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