Newstrike Brands Ltd NWKRF

WHY THE BIG INCREASE?

[Gingin]

Hip is one of many who were approved for the Ontario on line store.  Why the huge increase in SP?

[Dogpawnd]

1)it was oversold from the 2.00 stock price of a few months ago. 2) Spec Buyout 

[Underwhelmed]

The low price of the stock made it appealing to first time investors who read the news about which companies have approval to sell to the OCS. Also, buyout speculation. If you are one of the few bigger companies that did not get a deal to sell to Ontario (ie TGOD or EMH) you are thinking about buying the company just to have the avenue to sell. People are forgetting that the biggest market

[Terrence11]

Bought at the low as I understood that  people who paid $90 million for shares at 1.35 would find in in their best interest to buy all the shares and A warrents available at lower  prices