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Bullboard - Stock Discussion Forum 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 Discussion

Newstrike Brands Ltd > Bid coming in again
View:
Post by KingMidasAu on Jun 01, 2017 2:14pm

Bid coming in again

Bid is growing again underneath and ask has thinned out a bit. Looks like the fight is on to break .49/.50 imo. Looks like a lot of parties looking to buy based on my level 2. All in my opinion though, holding long.
Comment by Cremona on Jun 01, 2017 2:16pm
Thanks,  I am watching every trade,  I think it will trend higher before the fall.  The fall will come, anyones guess,  but my guess is probably not today....
Comment by KingMidasAu on Jun 01, 2017 2:30pm
That would be my guess too. To be honest I would expect some kind of news first, positive or negative. Other pot stocks have had a rough time lately so yeah sell offs definitely will happen at different points. But with the Tragically Hip as advertisers and product development I would expect something and I would think the market is waiting as well. All imo
Comment by skydiver069 on Jun 01, 2017 3:05pm
"But with the Tragically Hip as advertisers and product development I would expect something and I would think the market is waiting as well." I totally agree with you there..  If Gordon Downey says "Buy", well, there's a generation that certainly will, just because Downey's telling them to.  Also, if Trudeau F'ks the MMJ/Recreational sector next year ...more  
Comment by KingMidasAu on Jun 01, 2017 3:10pm
That's what I am thinking and good god I hope he doesn't mess it up. What has been proposed so far is more lenient then I thought it would be, but is based on sound research to break the black market. The problem will likely be the provinces. Wynne in Ontario wants to put it in the LCBO which is a terrible idea. See how it shakes out though!Will be interesting
Comment by TheBar10der on Jun 01, 2017 3:13pm
Why are you posting that THE HIP are "advertisers and product developers"?? Can you please site your sources!!!  Here are the facts that I'm aware of and truthful........ Details of the deal According to a May regulatory filing, The Tragically Hip has a "comprehensive licensing and promotional services agreement" with HPI Holdings Ltd., which was taken over by ...more  
Comment by KingMidasAu on Jun 01, 2017 3:20pm
which has not become law yet, so that doesn't apply and simply being involved is advertisement, we I guess have different interpretations about advertisement. Its ok! I like different opinions :)
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