Newstrike Brands Ltd NWKRF

New Investor

[stealthct]

wow so i decided to take a look at this stock.

What happend from earlier this year to 54 cents today. scary. what's next 20 cents?

[321Blastoff]

Yeah I think the warrants will get back to .20 cents maybe even higher. Thanks for your input.

[battlemore21]

new investor lol

[Updownsideways]

It’s not just HIP, the whole sector bubble had a decent pop(deflate) starting in February, so many are down 50-70% from the all time highs. But there’s still some decent strength in the sector, so it hasn’t completely collapsed. There’s still plenty of speculative value pumped into this sector, which could deflate further. But in my opinion from playing this sector the last 3 years, is that it’ll

[321Blastoff]

Sorry but I have to disagree. The 80 plus percent loss in the HIP share price can not just be attributed to a general curve in the sector. I will just leave it at that. Those who have been watching closely must have opinions. What are they ?

[keepitrealhomie]

my opinion is the same as that of the other poster. Most weed stocks down dramatically.

[Ggeeman]

I agree .only a handful were not down big time. One example off the top of my head is aphria because they had a 52 week high of 24 and its now half of that

[321Blastoff]

Well I guess it would be up to the individual then to look at the various rates of decline across leading MJ companies and see if they would just attribute it to the sector or if they could see that the difference between 50 and 80 percent was a significant difference.