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Bullboard - Stock Discussion Forum Newstrike Brands Ltd NWKRF

"Newstrike Brands Ltd is a licensed producer and cultivator of medical cannabis based in Brantford, Ontario. The company cultivates and sells both forms including dried and fresh marihuana."

OTCPK:NWKRF - Post Discussion

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Post by SKL6600 on Feb 26, 2019 12:22pm

Volume

We don’t require a reverse split. We just need volume. That insider would not have bought shares last week if she had any idea a reverse split would be coming. We just need to wait till finnacials come out.
Comment by StockMonster99 on Feb 26, 2019 12:25pm
No kidding when and inside drops $600K on their stock, makes me extremely comfortable with my long (forever) position 
Comment by Ggeeman on Feb 26, 2019 12:39pm
it's irrelevant ..insiders understand reverse splits and are not afraid like retail..it's essential a roll back to make better money in the future , not to save itself from being delisted. 2 different things
Comment by quinlash on Feb 26, 2019 12:43pm
A reverse split really means nothing to your portfolio, share count goes down, SP goes up, its a wash.  Personally I can't see HIP considering one (IMO)