Newstrike Brands Ltd NWKRF

HIP, Takeover target?

[Sweetleaf420]

With a $100,000,000 balance sheet, Neal bros deal, exclusive line of cannibis products for the recreational adult market. HIP looks like a great acquisition for a larger player. It's no secret that HIP has been seeking some sort of partnership and I believe that this scenario will be coming very soon. Aurora cannibis bought Whistler, also in the news today, Cronos group sold all their remaining shares to Aurora today. I'm long on HIP and have been accumulating my position just for the anticipation of some sort of takeover/ partnership with a much larger player. HIP is being held down for a reason and in my opinion will spike upwards in the coming months ahead.

[nomnom]

i have heard there were a lot of interests since last Sep and I think a deal is coming very very soon base on the interesting trading activities over the past month. You would be really stupid if you r not loading up or sell ur position now

[EagerBeaver1972]

Sudden change for someone who was slamming the company last week

[EagerBeaver1972]

All true,  but I have seen dozens of posts like this since last summer. Hip is free money to some company, but right now it is pocket change that has been dropped that nobody cares about. Positive Q4 earnings or completion of stage 2 expansion will change that,  it until then HIP is a discarded nickel.

[robins1]

Its being held down by penny players selling into bid price . Not enough volume to get past this yet . need 5 million volume . 

[nomnom]

will happen very soon and all day traders and penny flippers will get killed. I m holding this stock solely on its M&A potentials

[robins1]

ya im holding too for a year now .

[robins1]

one would think this is a great target for M&A . not great for us avg in at .80 but better than nothing . 

[mozzarella]

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