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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

Newstrike Brands Ltd > How did it reach $3 back in the day
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Post by Dealmaker on Mar 04, 2019 5:40pm

How did it reach $3 back in the day

What caused it to hit $3 back in the day?
Comment by Snowbank1 on Mar 04, 2019 5:58pm
The same thing that made all pot stocks hit all time highs FOMO . Snowbank
Comment by mozzarella on Mar 04, 2019 6:02pm
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Comment by ICCWORLDLEADER on Mar 04, 2019 6:09pm
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Comment by mozzarella on Mar 04, 2019 6:34pm
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Comment by Stockmoves1 on Mar 04, 2019 10:32pm
When we reach 1.43 I will tell you how we got to $3 lol..... can't wait...
Comment by quinlash on Mar 04, 2019 10:56pm
It was the run that occurred when Cannimed announced they were going to buy out NewStrike.  That was before HIP had any money, a license, facilities etc... AND BEFORE LEGALIZATION now we are trading right around the same level as BEFORE all that happened.. anyhow, if you Google Cannimed Newstrike Deal you should find some of the old articles.  After Aurora bought out Cannimed NewStrike ...more  
Comment by Stockmoves1 on Mar 04, 2019 11:01pm
Wouldnt surprise me to se a run to $5-$10 with the right news.... If and only if this is being accumualted hard by a few large houses.... "in the know"
Comment by quinlash on Mar 04, 2019 11:07pm
That would have to be an NR regarding another buyout, not impossible, HIP would be a good buyout target considering their expansions and the provincial agreements.  I think its a buy just on its long term growth potential.  If I see an email announcing a buyout and the stock races up to 4 or 5 bucks in a day... well gee... I guess I will suck it up and find a way to deal with it ...more  
Comment by Stockmoves1 on Mar 04, 2019 11:22pm
Its great to dream, just rememebr to take profit..... the trick is trying to determine when and where.. never an absolute science.. one strategy that works, and I suggest, but often lack the discipline is to sell in 1.3's at specific endpoints and buy in 1/3's or halves until you get the go signal... sounds easy but emotions often come into play... and that can be good and bad.... another ...more  
Comment by goldman777 on Mar 05, 2019 12:02am
Break up fee from the failed merger was $10 million - lets keep it real.
Comment by Ggeeman on Mar 05, 2019 5:53am
your research is off buddy. Ten million break up fee was the number , and the 6 million is from Jay's mouth saying that's how much inventory was left . Quin , you rant all day like mozzarella and can't even get the numbers right ..give it a rest
Comment by 1worker on Mar 05, 2019 6:45am
Ok mozza I know you were with me yesterday what's up.
Comment by 1worker on Mar 05, 2019 7:05am
Or should I say James lol
Comment by 1worker on Mar 05, 2019 7:23am
I hope the leafs win the cup this year lol
Comment by mozzarella on Mar 05, 2019 7:23am
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Comment by 1worker on Mar 05, 2019 7:33am
Eh!!!! Now you want to sleep you woke me up hahahaha, at least I got to be with my wife thanks!!
Comment by mozzarella on Mar 07, 2019 10:21am
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Comment by quinlash on Mar 05, 2019 7:35am
The $80 mil was in total, break fee plus finance, see link; https://business.financialpost.com/commodities/agriculture/left-at-the-altar-newstrike-wasnt-lonely-for-long
Comment by 1worker on Mar 05, 2019 7:43am
Isn't it 80 mil plus the 10mil break up and then they did another one where the a warrants came I dont remember how much that was no time to look making pancakes
Comment by 1worker on Mar 05, 2019 7:48am
I dont care what I say on here anymore, can you stop possessing me my family and friends thanks lol. Just talk to me
Comment by 1worker on Mar 05, 2019 8:23am
Oh another thing stop possessing my TV and radio too.hahahahahahaah! I'm going crazy everyone!!
Comment by 1worker on Mar 05, 2019 8:33am
And my phone lol
Comment by 1worker on Mar 05, 2019 8:41am
I love coffee pizza and being with my families ok
Comment by quinlash on Mar 05, 2019 7:51am
Jay's quote on cash and facilites... watch it all or jump to minute 7  "Sitting on apx 100m and own the two facilities" .. video 1 month old https://www.youtube.com/watch?v=nyCLWIvwcC4
Comment by mozzarella on Mar 05, 2019 9:04am
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