Newstrike Brands Ltd NWKRF

HONESTLY

[10diamonds]

MONDAY I THINK WE MIGHT SEE A SELL OFF AND PROFIT TAKING THATS WHAT THE INDICATION IS ... GLTA

[Extalliones]

Naw.  You saw that today.  Huge profit taking, and people were still buying.  We'll go up on Monday. 

[10diamonds]

IN FACT I WAS IN AND OUT 4 TIMES MADE COOL PROFIT HOWEVER AT THE END I BOUGHT AGAIN BUT NOW NERVOUS FEELS LIKE IT WILL GO DOWN I AM IN IT BUT WITH LOT LOWER POSITION LETS SEE WHAT MONDAT BRINGS ... I AM SEEING RED .. GLTA

[acedabjuly2018]

https://www.marketwired.com/press-release/newstrike-subsidiary-up-cannabis-inc-receives-approval-unrestricted-production-capacity-tsx-venture-hip-2226271.htm That news is strong, the fact it is also held within HMMJ etf and charts look good on the dialy/weekly.CMED is also held within HMMJ and U.S etf MJX. Seems like a pretty good low risk/reward pot stock to me.

[Gulruthina]

Only problem I see is that bad deal were getting if CMED acquires Newstrike

[acedabjuly2018]

It's possible that deal could happen,with these volatial stocks in the pot sector anything can happen because all the moves are based on emotion, until real earnings reports come in from all of them. But i have a hunch the deal is not clear yet or set in stone, seems quite a bit of confusion regarding it,until it is clear, HIP wil continue to show strength and momentum to the upside, from

[Gulruthina]

When are they going to decide if HIP shareholders said yes or no to the acquisition?

[Extalliones]

January 23rd

[PROtrading]

CMED will walk away and won't have to pay the $10M breakup fee since it was decided by greedy, 2bit, speculating HIP shareholders.

[Gulruthina]

If they walk about and dont workout a new deal then they just burn themselves since they are stuck with ACB

[clayface]

Exactly...you saw the volume towards the end of Friday?  Monday is going to be beautiful!!!

[Gulruthina]

Yeah HIP was up on last Thursday when the 90% cannabis stocks were down. My biggest concern is 1. Is CMED going to workout a new deal to with HIP to reflect the rising stock price. I don't think any HIP shareholder would want to take a loss at 33 CMED per 1000 HIP 2. If CMED cancel their acquisition, how is it going to affect HIP share price. It's prolly going to bring it down. But HIP