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I don't think the gap fills
I've been looking at the 1 year chart and on the run to $3 it had gaps it never filled
We are above where the move started a few days ago and we ended on a lot of support across the line on 6 month
The way the other stocks have been gaining they will be looking for new stock to put their money
No probs
On the week we're actually up slightly, but their is little doubt in my mind that investors who waited for the last minute to establish their tax losses set us up for a fall with market orders.
The MM's love market orders, it permits them to buy the shares for less, or sell them for more than they could otherwise get. In today's case, people who waited for the last minute to establish their tax loss flooded the market at the end of the day, and the MM's were more than happy to buy the shares cheaply.
I would agree that they'll probably look to fill the $.435 gap on Tuesday, and once that happens I believe we'll start seeing higher prices in anticipation of first quarter news. Note: I'm saying first quarter, not January, because I don't know of anything certain for January, but I do know the company has both a presentation and a trial scheduled to complete during the first quarter. If the first quarter news is as solid as I believe it could be, we could easily be selling for over a dollar at the end of the first quarter.
Gary
I will buy you a beer some day for being the most honest day trader! Haha
Thank you for giving a real time update on these items, I really appreciate it and I think other investors on here also do.
Not trying to manipulate the daily pps trying to make extra $$$ while we wait for this to move.
God advises you to make $$$
Agreed... I day traded today for some quick fun as I think this will go a bit lower... unsure on the gap fill though. Made a whopping 300 bucks lol. Time to go to the bar!
Examination* this is stage 5 of the European patent process. Stage 6 is GRANT!!!!
Can't believe people sold today lol they must not check patent databases regularly. The exam process
6 to 12,000 shares are you sure? LOL. Those will be chewed up and spit out!
You better flip more than that if you want to change the daily PPS. Again lol.
Regardless OWCP is unstoppable multidollar coming soon to a theater near you!
Patent Examinatiom Request made!!!!!!
The 2nd and 3rd European patents are being examined as of yesterday. Patent grants are coming!!!! January!!!!
https://register.epo.org/smartSearch?searchMode=smart&query=one+world+cannabis
Just one or two people making some last minute tax season selling drove this down hard. That's over now obviously...... now we just need to fill that gap I hear so much about! GWPH gap never did fill from a year and half ago, that's because of there efficacy results from phase 2 and an announcement of phase three trials underway that drove it from $38.46 to $84.05. A 119 percent increase in price one day.
Does any of this talk resemble the OWCP website? Phase 2 efficacy tests done on Humans, not biological markers like the last study done on the cream. There will be an efficacy test on cream and the tablet done over the next 2 years. The pps will grind up over this period of time.
Gwph market cap was at $800,000,000 before the gap up, and about 1.7 billion after the results. This is equivalent to $5 pps in owcp before hand and over $12 after the results of just one of our products, not both mind you if you want to compare apple to apples.
Keep in mind this pps of GWPH was at a time in the world in what I consider an unfavorable environment for mmj.
For the above reasons, I see $4 to $7 pps in owcp very sustainable in 2018. I'm being conservative here, but that's In my nature.
Keep a core position of no less than 50-75 thousand shares and then active trade 6-12 thousand shares to offset the non stop down trend.
$10 & very conservative
Day trade for peanuts hold long for real wealth
Added another 8k today. Capital loss sellers have no clue what a big mistake they’ve made today!
2018 will be huge for OWCP!
Happy new year to all!
$OWCP
Yay 2017 is finally over, congrats to those who are wise enough to day trade this or who have converted some of it to Canadian stocks as Canada seems to like money whereas Israel needs some persuading it seems. Lets hope 2018 entices people to sell Canada and pour into Owcp aka Israel.
Once it fills that gap there’s gonna be a buying frenzy, imo. I’ll be one of them.
OWCP
Sad way to end the year and I'm glad it's over. Come on 18
OWCP - 03:46:38 Bought 3500s @ $0.473 - Total: $1,671.73
PS: Almost funny... or the 'price playfulness' of market makers?
Had a buy order, since yesterday, at $0.46 I insisted on this price until 15 minutes ago. Then I changed it just to 0.473 The trading activity caused it to hold at a LOD of 0.472 Just for fun to see if would work without violating mm decision...
Since it was getting late, I feel kinda 'lured' a 'tease order' change to buy at 0.473!
Lo and behold, it was filled.
Looks like we'll start the new year red in order to fill the gap at $.435. I'll be waiting.
Happy New Year to ALL. Should be a good one for OWCP.
Yup. It will add fuel to the rocket as news comes in January and sellers will want back in.
I own over 100 Cannabis companies and almost 90 out of 100 started to turn red today all at the same time around 12:25-12:30ish. It was all coordinated since it literally happened simultaneously.
This will sky rocket past $1.00 in the next few months. Good Luck to all Longs and newbies.
OWCP long & strong
I don't think tax loss has anything to do with it
Look at rest of sector
It's just technically trading and we are about to rocket higher
Exactly...there are several reasons for the current selling, and Tax-Loss harvesting is a big one. Although they're cutting it a little close if we start getting big news in January. They'll be kicking themselves for selling.
About to rock and roll for a sweet end of year finish
That’s a good sell price. That’s why it’s good to have some spare change handy to add on dips. It keeps one engaged and thinking differently about the lower share price. The cannabis sector is absolutely en fuego...
OWCP
Oh I’m not getting rid of one share till $10 I’ve been here for over a year. I’m good with whatever it does for a couple years. The extreme ups and down are just hard to watch.
just wait for big time pps at some point in the future... only a matter of time- $owcp$!!
The tax loss doesn’t justify the potential, ongoing gains imo. I wouldn’t sell a share until the run was over but that’s just me...
OWCP
Something wrong with sell for tax loss, because more than 80% of MJ stocks are green today.
They need to just drop it fill the gap then let it roll. This is one painful stock to own right now.
Ha! Pocket post. Cheers to a great 2018.
We tested and kept our upward slope from yesterday. When we end with that it is a set up for very good things in near future.
When we have an even lower wick with day before it is always a precursor to lower prices for several days
.471 is a must hold and better yet .472 like we have if you want near term gains
gonna get some legs last half hour...
Maybe go take walk or go the mall and come back next week.
GO OWCP
That's what I'm guessing. We'll get back today's loss and then some Jan. 2nd. I'll be glad when the closing bel rings today.
practical example...Israeli Government to Support!!!!!
http://www.pluristem.com/wp-content/uploads/2017/08/Smart-Money-China_final.pdf
True! Could be those too. But let them sell... The new buyers will make loads of money here :)
$OWCP
Today's the last day people can sell for tax loss purposes, I expect some of that is occurring. I sold earlier in the week, and stated so at the time, in hindsight, I should have waited.
As we approach the end of January, I would expect many like myself to buy back shares after the 31 day period that's required by law. If as some expect, their is news between now and then, we may have to pay substantially more. In that I sold a tiny part of my holdings, I certainly won't mind.
Gary
Or tax write off for many who bought $1-2-3 last spring.
The whole sector was dumping at the same time. Us less than others since we weren't up as much but still made another higher low which is bullish
In good shape still
Simple! Profit takers who bought 3-5 days ago at 30s and 40s!
So who is dumping all those shares.. Tell me?
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