Post by
Oilersgoforcup on Mar 21, 2018 1:56pm
Let's think about this...
TORONTO, Feb. 27, 2018 (GLOBE NEWSWIRE) -- Newstrike Resources Ltd. (TSXV:HIP) (“Newstrike” or the “Company”) announces that it has granted incentive stock options to certain of its directors, officers, employees and service providers to purchase up to an aggregate of 4.75 million Newstrike common shares (the “Options”). The Options are exercisable for a period of five years, at a price of $1.10 per share, being a premium of more than 15% to the closing price of the common shares on the TSX Venture Exchange on February 23, 2018, the last trading day prior to the date of grant.
Read more at https://www.stockhouse.com/news/press-releases/2018/02/27/newstrike-announces-grant-of-stock-options#bqsG7Z9x1gcRryqD.99
First of all the Management Team is very confident that there stock price is going to be worth much more...why else do options at a 15 % premium to market price....most of the times companies screw the investment commuity an get them options below the closing price or they push the price down for 1 hour to get a specific price to get the "cheap options". NOT HERE....big news in the pipleline for HIP.....just wait and see.....the money is in the bank....its going to be investing shortly for all shareholders to benefit......the WT are priced perfect for there planned execution....think about it...i would love to here some feed back...good luck to all !!
Comment by
silkroad007 on Mar 21, 2018 2:21pm
Great post and I agree 100% - Dont tell Vern though he is busy playing charts on a 3 week old warrant.
Comment by
Oilersgoforcup on Mar 21, 2018 2:52pm
knob says it all....ya 76 cents to $1.19 today.....say 30 days later....43 cents increase in stock price...i would say the investment community is behind this news release....thats say 55% return....but i guess you must be making millions selling low and buying high...lol.......good luck to all !!!
Comment by
VeritasVern on Mar 21, 2018 3:01pm
Oilers FX is correct. You weren't even able to quote the correct news announcement. You quoted the options for management, the warrants are associated with the bought deal which was a different annoucement...good luck too you too as you clearly dont know much.
Comment by
silkroad007 on Mar 21, 2018 3:17pm
He wasn't quoting the warrants he was quoting another news release regarding management and the bullish sentiment within that NR. quite spinning the point. You are penny flipping and are now chasing end of story.
Comment by
Oilersgoforcup on Mar 21, 2018 3:33pm
talking about stock price....wake up VERN !!!
Comment by
silkroad007 on Mar 21, 2018 3:21pm
Same comment as to Vern - He quoted a NR and stated the bullish sentiment by management. Has nothing to do with quoting the warrant specific NR. Also the stock went to 0.76 as the sector was getting hammered and especially since CMED deal fell through. Zero to do with "what the market thought of the options to management" goof. Go chase pennies.
Comment by
VeritasVern on Mar 21, 2018 3:29pm
Wrong Silk. The stock when to 0.76 the day of the management option award was announced. Look it up. Oilers all day was talking about warrants - never see $0.30 again etc. Plus what the fck does management rewarding themselves have to do with bullish statement. They are paying themselves a bonus of anything over $1.10. go chase some brains for comprehension.
Comment by
pp19888 on Mar 21, 2018 3:30pm
next leg up and it bust through 1.29 resistance, looking for turnarond in sp during next week.
Comment by
GentlemanTrader on Mar 21, 2018 4:11pm
LOL Busy playing charts... You cracked me up man!!
Comment by
jake999 on Mar 21, 2018 2:23pm
and don't forget when this goes to $2.60 there is about $105 mil if all warrants are exercised. Nice shot in the arm for that.
Comment by
Oilersgoforcup on Mar 21, 2018 2:29pm
Jake.....you Fu$king nailed it....thats my exact point....we are so well set....this is a no brainer....TONS OF CASH....to do anything in the MJ market with....the sky is the limit....now how much are those WT worth.....BOOM !!!!....good luck to al !!!