Newstrike Brands Ltd NWKRF

Wasn't this stock at $.33 last month?

[MisterMontreal]

I owned HIP warrants and HEXO (I say owned as I sold the HIP warrants today as my feeling is the HIP warrants are going to tank over the coming months, even though I think the HIP stock will not... my HEXO I am still holding as I have been for the last year.) 

I don't generally post much (Never saw the point) but follow regularly. 

I feel like the only one on the HIP board that has noticed that in spite of HIP shareholders going on 'til they are blue in the face about how the stock is ready to take off, their chart pattern has been a fairly straight line, but always trending downwards more than upwards for as long as I have been there... HEXO's chart also had that flat line thing quite a bit this year, but overall trending upwards. 

All of the HIP shareholders are talking about the "Premium" they want... and I understand that if you bought HIP when it was at $3 a share then yeah, it hurts getting $.47 in exchange, but last month HIP was down to something like $.33 a share. The company was a lame duck not trading anywhere near what it was worth (I would argue a lot like HEXO...) MERGING (It's not a buyout) only makes sense for both companies to break through this wall of downwards pressure they BOTH seem to be facing from the market. 

This is short term pain LONG TERM GAIN for HIP shareholders. If your stock was worth $1 a share, it would be trading for $1 a share. It's not a rape, it's not a VERY BAD DEAL it's a good opportunity.

I bought HEXO at $4.25 thinking it was worth $18 at the time... I'm here almost a year later and it's still only at $8. 

HIP has the same problem, what we THINK it's worth, and what the market is TELLING US it's worth are totally different things. Put both companies together and HOPEFULLY (I'm still not 100% convinced!) they'll push past this resistance and really fly. 

[reefercat]

Appreciate the concern and your solid reasoning. Especially coming from a HEXO shareholder. Lol. I wonder what would happen to Hexo's sp if the deal fell through. Possibly because we get a better offer. Hopefully we'll find out.

[MisterMontreal]

I felt strongly enough about HIP to have bought some warrants (I did the math on those this morning and sold them at 09:31 as I figured that locked in with the .0633 thing HEXO would need to hit $18 for me to make any real profit on them, and have previously seen warrants tank during buyouts and decided not to take the risk.)  But it was at $.33 last month, wasn't it? It was a serious

[Ggeeman]

you sound like a donkey amateur and im getting sick of it . I get it's the internet, but c'mon !!?!how can hip sp go up and the warrants tank. You sir have zero clue and it's investors like you who ruin it . Jay knew he was doomed and cashed out . He doesn't care about you or anyone but himself . Hexo will actually be a serious contender now , and they will take a chunk of that 22

[flyboy27]

Ya Ggeeman you tell em  what is really crazy ... people dumping warrants??    the conversion is already set...  why dump for .02-.03 ... Hexo could very well be right up with Cronos in a short  period of time. also  the deal is set but not done,  who knows what is next..