Newstrike Brands Ltd NWKRF

HIP is infected by the “Short” plague

[LongTbuffet]

Could be a long road to recovery...

[MNK3240]

For now short position actually does not matter for HIP stock holders. The only math everyone is doing is that if the deal goes through as is 33 for 1000, then based on current stock prices (both HIP and CMED), you end up HIP 0.83c/share on the deal date. So theoritically, if CMED's price stays around $25, your HIP price is .83c. Question is after merger, should CMED's stock price go up

[LongTbuffet]

82 Million shares shorted for a total value of $180 million...Just saying. Someone will loose his shirt.

[1troffer]

This post has been removed in accordance with Community Policy

[surveyor2582]

Management is selling everyone out for a quick buck. So are the Hip. Something that I won't forget. I sold two thirds yesterday for a $.35 loss per share. Let's see what happens now between these greedy pot companies.