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Newstrike Brands Ltd > Reading TMX Page

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Comment by quinlashon Apr 16, 2019 2:33pm

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Post# 29634645

RE:RE:RE:RE:Reading TMX Page

Again, JMHO... but for anyone out there thinking this is a play by someone with insider information etc then I would suggest taking a look at the activity on the warrants.. all pretty boring there... if we had activity on the stock from an experienced investor/trader etc playing with inside info they would have hit the warrants already.

I like the trading today, don't get me wrong there, appears to be interest in the stock, but if I had to guess on who's doing what.. its likely more messing around by routine investors trying to get volume shares picked up today at a sub .50 price target.

Anyhow, again, JMHO.. amusing to watch though.

GLTA

quinlash wrote: Well unforunately thats anyone's guess. With the volume I have been seeing it could very well just be high stake retail investors who are very optomistic about the future SP, possibility of a new offer etc.

My point to posting the link etc, is to help investors see what is going on with the trading and not to get into a panic sell (or buy) simply based on a sudtle change in shareprice...

londonsate wrote: SO WHAT IS the logic behind ? why SP be held won? HEXO is up today, as we know , HIP will be up eventually.

quinlash wrote: Last two trades on HIP for .49 were for a total of 1000 shares at .49.. thats less than a $500 trade... as mentioned, it's worthwhile to watch the trades to get an idea of how the SP is changing.

Trading looks bullish today IMO, add that TMX link to your favorites, it certainly comes in handy at times.

GL today, have to sign off for a bit here.

quinlash wrote: Each line is a trade, each with a buyer and seller number for the broker used.

If you monitor it for a bit (you will need to refresh your browser every few minutes) you will see trades going through with the same broker number shown for the buyer and seller when the SP holds .495 for a bit, the trade will be for .49

It is another useful bit of information to see what traders are up to and a likely indicator of sentiment on the stock.

https://web.tmxmoney.com/quote.php?qm_symbol=HIP

GL