Newstrike Brands Ltd NWKRF

Level 2 - Odds are 50/50...

[quinlash]

Interesting day... never expected this run.  With volumes so high over average I am thinking this could go one of two ways; we could see a big pullback for close or we are experiencing insider trading with people who know of a big NR pending... possible deal in the works.  

Said it before and saying it again, I see the charts supporting a SP of .50 and will not be considering the option to daytrade any of my holdings below .54.  If this tanks by the end of the day it's not going to bother me, still too much return between where we are and .54 to risk selling and not being able to get back in at a level that makes the trade worthwhile... IMO...   GLTA

Level 2 Quote

Hide Level 2 Quote

Level two quotes - Bid

Number of Shares		Bid Price
23,000 shares	23,000	0.475
122,500 shares	122,500	0.470
60,000 shares	60,000	0.465
36,000 shares	36,000	0.460
46,000 shares	46,000	0.455
126,000 shares	126,000	0.450
3,500 shares	3,500	0.445
22,500 shares	22,500	0.440
84,500 shares	84,500	0.435
52,500 shares	52,500	0.430

Level two quotes - Ask

Ask Price	Number of Shares
0.480	93,000	93,000 shares
0.485	60,500	60,500 shares
0.490	12,000	12,000 shares
0.495	13,000	13,000 shares
0.500	431,500	431,500 shares
0.510	28,000	28,000 shares
0.520	49,000	49,000 shares
0.530	58,500	58,500 shares
0.540	2,000	2,000 shares
0.550	30,500

[thebiz]

Hey Quinlash! Kind of a pain I know but could you post another updated Level 2 with changes if you have a second? my current level 2 situation is bogus... I'm curious if those asks past 0.50 are still thin... Cheers, Thanks!

[quinlash]

No problem.. I have it open all day anyhow... Level 2 Quote Hide Level 2 Quote Level two quotes - Bid Number of Shares Bid Price   100,000 shares 100,000 0.480

[thebiz]

Awesome thanks! Still pretty weak past 0.50 but that's gonna be a battle to take down. Would love t see it the wall come crumbling down by the end of the day.

[quinlash]

The wall at 50 is pretty substantial, close to half of our daily average...  you have to appreciate that there will be profit taking at those levels for investors who bought below 40 or even low 40's.  I am trying not to be greedy here and hold beyond what is reasonable however with all things considered in the pot industry, along with the charts telling me that .50 is more than

[Stockmoves1]

like we said a while ago this wasnt being shorted but accumulated imo.. I feel what happenned is when the buying overwhelmed them they pulled the lid.. loosing more shares than they were gaining..... as mentioned this happenned rather quickly today.. another possibility is a leak or an institution decided it was time to get into HIPand why not ?? what really tiks me off is i lost a buy that went

[quinlash]

Yes... I was watching the Level 2 last week and could see the big ASK levels moving 1 - 2 cents away from the trading levels. I was eyeballing it and thinking maybe it was people trying to suppress the SP, have to wonder if the same may be happening today but that may be paranoia taking over... the voices in my head are sometimes wrong... ;)