Newstrike Brands Ltd NWKRF

Warrant HIP.WT

[hossain499]

Strated trading today. I bought 95k at $0.07 and wondering what you guys feel about this warrant. Here is the details on HIP.WT:

Excercise price = $1.75 
Expiry Date       = 24 months from the recent clossing of financing 

Acceleration Clause: If HIP trades over $2.60 for 10 consecutive days, management may issue notice for accelerated exercise of the warrsnt.

I bought on the assumption that over the next couple of months if HIP hits $1.50, this warrant will trade over $0.25. If HIP goes to $2.60 within a year or so, HIP.WT will be worth over a $1. It's an amazing opportunities. 

Thanks

[gutfelt]

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[Eigen337]

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[hossain499]

Thanks Eigen. Great analysis and feedback. I also made tons of money from warrants. Do you know where I can find the list of pulicly traded warrants? Before I used Canadian Warrants website or Financial Post listing, but looks like both are gone. Please let me know if you know any website where I can get list of publicly traded warrants and relevant information. I will hold HIP.WT and watch

[Eigen337]

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[supremegreen]

I also bought some warrants at .07. Just tring to wrap my head around it as i have never bought any before. Do you plan on exercising or selling before?

[hossain499]

Thanks. I will watch and most likely trade along the way. I never excercise warrants, I always trade them.

[greenpasture1]

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[greenpasture1]

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