Newstrike Brands Ltd NWKRF

SP is going up substantially.

[AJL55555]

The share price, regardless of the consolidation issue wil be going up very significantly very soon. Sure, HIP may move a little slower than the larger companies who are already selling, but you cannot tell me this stock is worth anything below $3. 88 cents is an absolute bargain. In the weeks up until June 7th and beyond the SP will increase day by day. The third reading is June 7th and it's off to the races. If you have a problem with the company and consolidaton then sell the stock after this point. Why even consider selling prior to legalizaton? The SPs in the entire sector will sky rocket post legalizaton. Seling at a loss now is silly, unless you are selling it and putting it in an undervalued stock such as MARI or Organigram. Aurora is a little tricky because once the medreleaf acquisition is done the SP will decrease as dilution occurs. Be patient and do not be impulsive.Hold and sell in a few months or if you absolutely are fed up, sell your shares and put it where you can get a better return, ie. MARI or even EMH.

[321Blastoff]

Where do you get this information from ? $3.88 is a very specific price. Give us a breakdown.

[AJL55555]

$3 is what I was saying. The next sentetnce starts with 88 cents as its current market price. Simply saying it is a bargain right now. $3 is based upon profits upon production over the number of shares....this is a ballpark number as only time will tell how these are valued and what the value metrics are but there is only one way for this stock to go from here and that is up. 

[321Blastoff]

Okay I get it now regarding your post and the $3 and the current shareprice of (.88 cent.) Still what are you basng this $3 SP hike on ? Is the rise in price you are suggesting including a reverse split or not ? I can see how the SP will momentarily rise as a result of a consolidation but can it maintain that price for any time? Please be more specific about your optimism if you can.

[SlipperySmitty]

Man it’s purely speculation as he says.  But based on the fact they have seeds planted and they haven’t sold anything yet, it will help to be selling product.  The share price right now is based on their prospects.  Let them start producing and let legalization take place.  They are also expanding so the more plants they can produce and oil they can produce means higher profits