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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 > What is the reason
View:
Post by Gulruthina on Jan 18, 2018 5:39pm

What is the reason

I'm suprised this stock did not go up after getting an MOU with PEI. What could be the reason
Comment by Millionaire94 on Jan 18, 2018 5:44pm
There was a lot of fearful selling today. People who just wanted to cover losses. This cmed deal has hip shares suffering, but come next week prices will double. I get why people are skeptical, but just like cmed shares aren’t worth $24 anymore, hip shares aren’t worth $1 anymore 
Comment by TheBatwanger on Jan 18, 2018 5:50pm
It seems to be happening all across the Marijuana sector. Poor folks over at Isodiol have been getting great news for weeks only to watch their stock price drop immediately after release of the news. The whole sector seems to be sliding down for now. It may be a natural correction in the market or it may be that the folks with way more money than you and I want more.
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