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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 Apr 26, 2019 10:51am
98 Views
Post# 29674475

RE:A’s!!!!!!!

RE:A’s!!!!!!!Considering HEXO just broke it's 52 week high we may be seeing the stock sit around there for a bit.  With edibles coming up in Oct we could see another good run and the HEXO SP running up to the 12-14 mark (rough guess).  With the A's expiring in 2023 there is lots of time for them to hit, or at least increase in value.

Long storty short... the warrants trade slowly and will only produce a decent return given TIME.  They are absolutely terrible for short term trades (weeks / months) so be prepared to wait if you are going to play them.





quote=thebiz ]Can somebody pleeeeeeeease help me with the math on this one. As HEXO approaches strike price of 15.79 for the conversion of A warrants that would be like HIP approaching $1.00..... I’ve been waiting for the day to jump for joy to see the dollar mark on HIP and to me it’s just not making sense to me that HEXO (off of speculation alone) could easily hit that strike price this year and the A warrants are just sitting there redundantly. What is going on here? I will continue to pick up A warrants until someone shows me something different than what I’m seeing.[/quote]

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