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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

View:
Post by ryang999 on Mar 23, 2018 11:55am

Warrants

Trading at high premium. No juice left in it until the stock price hit 2 dollars
Comment by keepitrealhomie on Mar 23, 2018 12:32pm
you literally have no idea what you're talking about lol
Comment by ryang999 on Mar 23, 2018 12:39pm
Really? Then you tell me what is the intrinsic value of the Hip warrants when the stock price is 2 dollars.  the warrants will expire in less than 2 years, strike price is 1.75,and people are paying 20 plus cents for the warrants. Here we are today the share price is 1.20. 
Comment by silkroad007 on Mar 23, 2018 12:50pm
1. Comaper to peers - easy .40-.50 2. "expire in less than 2 years" ya bud thats a long time in weed sector FYI 3. Weed sector is high volatility which benefits warrants "intrinsic value 4.  Here is a simple value calculator  https://nasdaqnewsreports.blogspot.ca/2018/03/two-cheap-warrant-plays-in-canada.html
Comment by keepitrealhomie on Mar 23, 2018 12:54pm
theres the answer. the stock will trend up to 1.30 soon. then 1.75 is one day of heavy buying. itll happen fast. once 1.75, 3 is not far.  should be interesting if we can an update next week. which i think we will 
Comment by VeritasVern on Mar 23, 2018 2:47pm
homie - you need to keepitreal....
Comment by pp19888 on Mar 23, 2018 1:42pm
warrants could take a dive anytime now, if not today monday it may see sub 0.20. HIP sp keep heading down.
Comment by eSocial on Mar 23, 2018 1:43pm
lol...good luck
Comment by Charles86 on Mar 23, 2018 1:56pm
dude what are you talking about, of course if you refresh the page evry 30 secondes sometimes it goes up sometime down.  For exemple i refresh now and I see this...doesnt look like heading to -.20.  And pumpanddump, just dump it already I go fly JET and enjoy your losses 3/2018 1:55 PM EDT   0.225 38,000 0.03 TSXV 002  ...more  
Comment by pp19888 on Mar 23, 2018 3:09pm
Ya, it was me who took out 1.1M ask at 0.22 and 0.225, lol