Bullboard - Stock Discussion Forum Newstrike Brands Ltd NWKRF

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"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."

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Newstrike Brands Ltd > Storm over back to business

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Post by 321Blastoff on May 17, 2018 2:42pm

Storm over back to business

Ok now that the storm has passed. Does anyone have any thoughts about the following:

What do you think is a realistic share price for a company like Newstrike to be aiming for considering their current position in the market ?

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Comment by battlemore21 on May 17, 2018 2:54pm

no idea-just know this stock has been positive in a while and if keeps going down it may never come up again.but on a positive note it doesn't have much further to go back to .26 cents . haha

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Comment by 321Blastoff on May 17, 2018 3:07pm

Okay so just for fun. Look up charts for HIP, ACB and APH for example and zoom out to a 1 year perspective. I think you will find that they are roughly in step. Sure it is a downward trend and APH is trending slightly upwards in the last week but stocks do that. My point is that if you look at the long term most MJ stocks are in step with each other. I really don't see HIP hitting .26 cents ...more

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