Newstrike Brands Ltd NWKRF

Get real

[mathandmass]

Guys, nothing is going to happen tomorrow. No-thing. Not a thing. Chill.

HIP is going to be 1 - 1.25 by December-February, but that's about it. If you bought in at 0.40 - you will make some money. If you are waiting for >1.25 to get out - you will eventually get that chance. If you are waiting for $3, $5, etc. - you will be here for a very long time.

That's all there is to it. Act accordingly. No, HIP is not going to shoot through the moon and allow you to retire next week. It will probably never cost $5. But it will also not fall through the floor, because it's already pretty damn low.

Bubbles are created when a very large number of people believes on a particular date an even larger number of people is going to just go nuts and buy everything at any price. And just the sheer number of such believers should tell you that no, not really. This mentality is to blame for volatility, overvaluations, flash crashes, etc. I am personally just annoyed that these sort of people who have been waiting till tomorrow will start selling off the day after. But meh - it'll dip 20% then eventually stabilize and go its course.

Let's hope that make-believers not gonna swarm the stocks in March to wait for private retain start in April cause that's another date that little Johnny can obsess about: "It's gonna shoot through the ROOOF! I'm gonna be Warren Buffet!" Ugh.

[Ggeeman]

i agree with thr majority of your points , except that i believe hip can easily be worth 1.5 billion once earnings are in , and more forward projections are out towards a merger ,introduction of edibles, expansion , international deals , or massive sales. Take your pick , but one is coming for sure! When there are companies being valued at 15 b or 8 b , its not impossible . That would have them

[scottyBoy8]

The stock market is manipulated and they can push this past 2.60 ... just like they have had this sitting at .75 cents for a month .... you dont think this stock has been more volitile then sitting flat over the corse of the last month??????? hmmmmmm??? stock market is a manipulated game by peopel with millions of dollars Who would have thought ??

[mathandmass]

I wish you luck with $2.60 target (not being ironic). I personally do not believe in Jay's leadership. However, I also do not believe in HIP being "manipulated". The truth it Newstrike is just a really boring company. It was not created because Jay was "excited" to be a billion dollar player in this space. It was just created to capitalize on the sector fever and sell the

[Hip4Life]

This post has been removed in accordance with Community Policy

[mathandmass]

We know you are excited. It is hard to ignore.

[predawn]

one of the most pointed and reasonable posts on here and I share the sentiments 100% especially after that scary FP news article out yesterday I posted ;;;

[silkroad007]

case and point retail wants to win teh lottery and swing tarde.  Failing at it most of the time.  HIP is not flashy therefore doesnt attrract as many lemmings.  HOwever it does have sounds fundamantals and that will attract real investors once the hype settles.  One of the ones that will be around for the long haul. I say they will be around for et long haul only if they

[Ggeeman]

here is more proof of the lemmings at work ..... I bought at .77 , next day its down, but i could have bought at .71 last week lol ...or how about this one !!!! ... " if I see a dollar, im out " lmao ------so it runs finally and your chicken $h!t a$$ runs away with profit( because FB article ) , but still hates the company ??!?!?! You need psychiatric help old man !!!!!

[vladdraq]

well, soon comparable analysis wil take place of speculation. A lot of mid tier LP's wll post great earnings, i mean really great earnings. Depending on how much stuff they had in stock. i think HIP will be among the bests in the industry and i see 2 outcomes, or the big boys will crash and adjust to the small caps or the small caps will fly. 

[VeritasVern]

I agree with mathmass and would like to add that every single investor is aware of the Oct 17th date and more importantly that this is already FACTORED into the sp of mj stocks. My suggestion to all the long-hard like getting kicked in the bag-holders - is that if this stock is not up substantially by noon get out as we will likely see a major decline rather than an significant move up. This is

[mathandmass]

I find today's slaughter pretty hilarious. Not gonna lie. :) "HUGE RALLY! THROUGH THE ROOOOF!" Lmao. To those who are scared, sit tight. If you didn't sell in the runup, you're in for the ride. Just don't start chasing too closely when averaging down. Don't underestimate panic of get into the fear of missing out. Set your orders strategically, space them out $0.10

[mathandmass]

One more thing. Remember that selloff does not typically extend beyond 10-14% in a day. There is a small rebound after. BUT selloffs totally DO last more than one day. So don't spend all your cash at the first sight of rebound. Stay cool. Remember that having cash is having choices (and having the cash itself too! lol), once you spent it all and are all in - you've made your choice