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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 > Who are these guys?
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Post by 88guy88 on Jan 24, 2018 7:51pm

Who are these guys?

that think price is going to $2 or $3......must be rookies....the price always trades close to or below the financing price...in this case $1.32.......
Comment by WeedMadeMeRICH on Jan 24, 2018 7:57pm
This post has been removed in accordance with Community Policy
Comment by traderjade on Jan 24, 2018 8:00pm
cannimed rose to the asking price from ACB...60% gain?  not sure, but close.  the warrant price is 1.75.  Most likely see at least that. dyodd good luck to all
Comment by jomby on Jan 24, 2018 8:00pm
can you give us an example of that?
Comment by 10diamonds on Jan 24, 2018 8:08pm
I agree !! PP and BD always push down the SP and in some cases the ffirm'sthey short the stock and buy back at lower price so make money two ways iIam holding HIP shares but i will be out .. probably it will Go up a little bit and then slides down or may be it will take a day or 2 and then down ... i hope i wont lose a buck tommorow .. .. we shall see
Comment by Asterix99 on Jan 24, 2018 8:57pm
BD is different than PP. It is much more favourable for an issuing company to do financing through BD and that is why the price is offered at a discount. I dont' know where the price will go tomorrow or anytime, but the bids @1.50 started growing after the news was announced Looking at WEED BD financing on Jan 17t, the price went up over 10% the next day and it is still above the BD price ...more  
Comment by 10diamonds on Jan 24, 2018 10:23pm
I am 100 % agree with you that BD is sure diffrent than the PP however how markets reacts is very strange I had shares before in several companies where they did BD and went sideways .. I am not hoping or predicting that it will go down but incase if does I might get out .. but we shall see tommorow and we all need a Good Luck ..
Comment by gscratch on Jan 24, 2018 8:19pm
Actually you're wrong...big time wrong...stop deceiving people...this was canopys bought deal..let me know know that worked out! Canopy Growth Corporation Announces $175 Million Bought Deal Financing SMITHS FALLS, ONTARIO--(Marketwired - Jan. 17, 2018) - THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR ...more  
Comment by calmfoursome on Jan 24, 2018 9:20pm
there are no rules with the MJ sector.  Delta 9's bought deal back in Dec was below trading value.  Did not make a dent.