Newstrike Brands Ltd NWKRF

RE:Thoughts on NewStrike QTR Report and affect on Shareprice

[DaBigRedCandle]

Question,

Do you guys think it would be possible that we beat HEXO's qtr? When I run the numbers we had the capacity to produce about 12 500 kg/year during the qtr so 12 500/4 = 3125 kg produce and probably sold during the qtr. At a price of 5$/g we should expect 15 625 M$ in revenu. And we have not even consider what we had in inventory that probably have been sold also. 

I wonder what would happen if we do beat HEXO's qtr. 

I can think of two senarios.

First, both SP go up and we retest the resistence at 0.59 for HIP and HEXO there new high at 9.70 with a good chance of breaking it. We should than trade in the 0.60's. With (I hope) an upward trend till the vote. 

Second, we start trading above the the conversion ratio of 0.06332. That would mean that there is a strong sentiment in the market that there is an other shark ready to take a bite and bid higher. (The dream)

Oh and there's a third scenario. That one is very ugly and everybody forget about it. We relase the qtr result a week after the inversion of the yield curve that predicted the last 7 recession and even if the revenus are good, they happen when the market is in panic mode. If this is what happen this week, it will prety much be like going back to december....until the yield curve goes back to normal a few weeks later.