Newstrike Brands Ltd (fka MWKRF)

[Hotlead]

Time to back up the truck and load the boat. NEWSTRIKE will receive a break up fee from CANNAMED from being acquired.

[edzon]

https://finance.yahoo.com/news/aurora-cannabis-cannimed-therapeutics-agree-131500980.html;_ylc=X1MDMTE5Nzc4NDE4NQRfZXgDMQRfeXJpZANjcGlsMm1wZDZoMXZqBGcDZFhWcFpEeHVjejVoTnpVM1lqRXdOQzFoWXpFeExUTTJNbUl0T1RJMFpDMDNOall3WXpkbE1EUmpOemgxZFdsa1BHNXpQa0ZEUWk1VQ0KVHc9PQ0KBGxhbmcDZW4tVVMEb3JpZ19sYW5nA2VuBG9yaWdfcmVnaW9uA0NBBHBvcwMwBHJlZ2lvbgNVUwRzeW1ib2wDQUNCLlRP?.tsrc=applewf

[Expresso123]

New strike not in deal

[Expresso123]

Done deal

[BigMoneyMakin]

well I picked up a ton more today and I still hold my longs from july 2017... up to you but I like what I see.

[Chrism0000]

Should I be buying this stock now?

[edzon]

https://smallcappower.com/news/market-news/aurora-cannabis-newstrike-cannimed/

[edzon]

https://www.baystreet.ca/stockstowatch/2940/Multi-Billion-Dollar-Cannabis-Mergers-More-and-More-Inevitable

[edzon]

https://www.greenmarketreport.com/cannimed-warms-aurora/

[edzon]

Probably going to get them too???

https://ih.advfn.com/p.php?pid=nmona&article=76521563

[imbest]

Good job'edzon', your input is very appreciated. I did NOT doubt that this rally would take place, the only question standing is how much higher can it go. I think a price of $2.25 is the short-term range ceiling though.
At least today's news was a huge relief to think that the hostility may be behind us and that Aurora will be making a much, much higher offer. It troubles me to think that last week's huge price-leap was just to achieve share numbers only to determine the outcome of any vote.

GLTA!

[edzon]

https://ca.finance.yahoo.com/news/latest-twist-aurora-cannabis-inc-122135953.html

[edzon]

http://business.financialpost.com/investing/update-1-canadian-cannabis-firms-cannimed-aurora-newstrike-rise-on-deal-talks

[imbest]

Indeed it has, my friend. We want to keep it growing too.
(And keep it as a place to share positive investment results, not just wishful thinking!)
Sorry I didn't share this company while it was heading south and well under $8 when I bought, but APAP is a company with over 93 million shares and they have bought back all but around 11 million.) That spells buy to me if anything ever has!

[Revcogg]

This board has really blown up since we first got here...

[steadykickin]

Suuuuure!! Haha....too funny

[Att_for_life]

Yeah, and if you woulda kept stalking me...

You would of read that I jumped back out all the way at $US 32

I'm waiting for 17 on Canopy.

U need to learn how to stalk me better:)

[Att_for_life]

U like following me around ihub?

If you're in love with me, just come out and say it...ha ha:)

Btw, whenever a trade turns bad, I'm out before too much damage occurs. I don't just blindly follow a stock down as the titanic sinks. I'm rarely a long or a short

[steadykickin]

Buy high sell low ...hmmmm?

[steadykickin]

That one has dropped substantially!.....hmmmmmmm

[steadykickin]

Wow that one's down down nearly 8 dollars ...hmmmmm

[BigMoneyMakin]

Dont care long on everything

[CaptStockWolf]

Exactly. Im thinking only buy here if below .60 cents cdn

[Att_for_life]

Cannimed deal not sweet enough...

Price needs to be .80s or lower to give new buyers a reason -considering the share is not fair enough...yet

[Att_for_life]

I think it could still dip to .80s...

Yesterday was only an 8% correction.

The flush might not be done till Monday.

Remember, most Fridays are a sell off date anyway.

Brace yourself:)

[BigMoneyMakin]

2021

[BigMoneyMakin]

Lol well hope you loaded again. I’m a long and will be here until 2021. Focus on market predictions long term for big money. Not in this for chump change.

[Att_for_life]

Damn...good thing unloaded the boat at 2.32

Wow! Made serious $$ ...and another opportunity to reload at .80s?

[CaptStockWolf]

Check lmfa on Nasdaq possible big squeeze. 1 million shares need to cover today and total shares outstanding is 3.6 million. Plus a 50 % short interest on a small share company could go crazy.

[Att_for_life]

Well, they are probably not...

Gonna tell traders about it.

That wasn't the reason I got out. I trade on technicals...and sometimes buy on the news.

Which reminds me...load up on ABCCF this morning, it'll be a good 3 day pump. I'm going in for 30k on it.

[BigMoneyMakin]

It’ll get right back up there with time.

[imbest]

Yes, it was "smart" to sell at yesterday's high. I took a real stomach punch and lost big time.
Instead, I also bought another 20K at $1.79.

[CaptStockWolf]

Then what happens to Newstrike stock

[CaptStockWolf]

Smart I cashed out at high yesterday not bragging I would have stayed if those shady sobs got back to me on the acquisition

[imbest]

From reading the "NOTICE MEETING" and
"MANAGEMENT INFORMATION CIRCULAR"
It looks to me like all of the big insider positions for Newstike stock are going to be receiving a "Percentage of CanniMed on a Pro Forma Basis of 34.6%.

[Att_for_life]

Hey capt, it hit my 2.32 - cashed out:)

A hefty payday and only waited 3 days...love it!

Piled it into Canopy.

Good luck with this one though...

[Att_for_life]

Makes sense to me

[Att_for_life]

It might channel now or drop a bit...

Be careful w Cann. I just dumped for a decent profit.. they are good for a wash & rinse.

I never considered them a real company...but it's a great momo stock

[BigMoneyMakin]

Yes. There has been no vote and clearly there will only be a vote in the shareholders favor. This is trading much higher then it was and will get renegotiated. Nothing fishy about cannimed buying out a successful company to expand. Look at any historical buyout and show me a vote that voted for shareholders to take a lose. Yeah can't find it..... soon as it gets voted on it will probably get halted until they sort the books out for themselves and shareholders. All my opinion but I dont see it going any other way but well.

[BigMoneyMakin]

Not fishy they are not going to give you insider information lol.

[CaptStockWolf]

Ya I bet CanniMed is loading up to have majority shares to pass the vote through think about it

[CaptStockWolf]

It says everything is based on thoese nov prices for share exchange and company won’t clarify by emailing me back. Pretty fishy man

[BigMoneyMakin]

To much buying going on and not much talk anywhere. Someone knows something we don’t.

[BigMoneyMakin]

There has to be sl thing we don’t know or that information was based on an old offering.

[CaptStockWolf]

Tell me about it I emailed company days ago on explanation and mums the word. No email back nothing l.

[BigMoneyMakin]

You make no sense. Investors would not be dumping money hand over fist into a loosing deal.

[CaptStockWolf]

Geez man go read the sedar fillings you want me to find it for you. Please say no I will if you absolutely can’t find it

[imbest]

I guess I'm too intellectually slow to see how this news is anything other than positive for News Strike.

[CaptStockWolf]

Newstrike is being swallowed by CanniMed

[CaptStockWolf]

The share vote happens on the 18 th look deeper man