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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 > Volatility
View:
Post by longbullshort on Feb 02, 2018 6:39am

Volatility

As the old saying goes « can’t take the heat then get out of the kitchen »

Dont know about you guys but I’m buying with both hands right now. This industry will explode and multiples won’t matter as growth will only expand going forward. Will there be dips and corrections absolutely but MJ is a new commodity folks and we’re on the ground floor. 

GLTA
Comment by Dontpanic on Feb 02, 2018 8:36am
Bought more yesterday, will likely buy today as well.
Comment by TapAndRack on Feb 02, 2018 9:11am
Sounds like a good long term strategy but wouldn't it have been a lot smarter with more profits to have sold during the intial downi fall, wait for the bottom and then buy in with MORE MONEY to get MORE SHARES.. Your strategy is your call but to the rest, especially new investors, stop buying untll this finds a bottom. Whats the rush.
Comment by Swampcat27 on Feb 02, 2018 9:14am
 .95  by the days end...  thats my guess...
Comment by Dontpanic on Feb 02, 2018 9:15am
I agree with you and yes it would have. I’ve done both, bought in early got out at $2.50, got back in but wee bit too early. Just strengthening my position for the long term.
Comment by Dontpanic on Feb 02, 2018 9:18am
Could I have done better? Absolutely! Am I happy with where I am positioned now...yes. Could be better? Yes and it will be.