Newstrike Brands Ltd NWKRF

RE:RE:RE:Looks liek HEXO,s SP is going to explode @ the bell

[TennisStar]

I hear ya Mozza - totally hear you. I guess what I'm saying is in a buyers market, and a highly competitive buyers market where consolidation is inevitable...HIP isn't the only player who's publically noted that they are "for sale" and there are many others for sale (many other good companies) who haven't publically stated. Heck, APHA has noted that they will love more offers.  There are options for the buyers...."supply" is out there.

Jay didn't do anyone favours, esp shareholders, by noting his desire to sell ("we are for sale!")...that doesn't help the cause at all...and lessens the position of power for them to negotiate. It increases the perception of desperation and wanting out (regardless if that's their actual position or not). Instantly into a position of negotiation weakness.

I think I saw someone say it earlier too....I think Jay got caught up in the HEXO shine from the lights. HEXO is a mega-player...with a mega deal under it's belt (Molson/Coors stuff). I think he accepted less premium to join a front-runner.

Anyway, I hope and are crossing fingers for some sp/warrant redemption over the next few weeks. For HEXO too (I bought in early yesterday). :)

GLTA