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If we break $.47 they will probably take this down to fill the gap at $.435. If we hold that should be a new base for the next phase up. We shall see. I have some dry powder waiting just in case we get a fire sale.
I wonder how many millions of people will get help/relief from the sublingual tablet... some big co. is bound to jv with owcp on this alone! plus all the other "cookies" in the big owcp "cookie" jar!
super post! hope it happens!
Can be MM's exchanging and/or MM's deliberately trying to influence retail by posting sales in a certain direction. Limited retail trades possible if people on same platform put in qualifying orders.
I know it's early, but we're looking at $.52 x $.525 at the moment. This is 40 minutes until the open mind you.
EDIT. Bid now $.472 x $.5169. Bet we start the day red. I knew it would happen after you know who showed up.
EDIT #2. We're again $.51 x $.5169 with a volume of 2100 shares traded 27 minutes before the bell. Anyone know how this thing trades before the market opens???
2018 should be a great year for all pot players, imo.
The short is we ran way too soon, fell with company delays and impatient investors. Investors were expecting to see Efficacy results of cream to be published. The results could be huge for shareholders as it sent AX*M from.20-$10/share. OWC also found the USA isn't quiet ready for their product due to legality of MJ products shipped across state lines. Time tables were pushed back to secure patents for the cream and FDA orphan designation for singular tablet. Delays will happen with such products but the potential is huge here 2018-2019 IMHO. Been here over a year now, still holding %100. Do your own DD everything is my honest opinion GLTY and All! $OWCP
TEVA and OWCP could be a great strategic alliance! NYT article - FYI.
Here's a story from The New York Times I thought you'd find interesting:
The move by Israel’s corporate version of a celebrity to lay off 14,000 workers was greeted with outrage and a nationwide strike.
Read More: https://nyti.ms/2pEi4G5
TappyS
Spellcheck errors
Re: cardvic Post# 124607
At the time it went to $3.00 there was a lot of hype, including the possibility of being part of an ETF and the speculation by shareholders that the cream would be out around those dates, therefore generating revenues. Well it didn’t go as thought at the time.
It is equally important to ask why it has gone from .004 to .51 where we sit today (approx 10000 % increment).
Once DD is analyzed, it is not difficult to see that upward trend is in you beneficial side of risk when acquiring shares in this company.
Do your own DD and see if the roster of professionals in this company would awaken confidence so as to take the plunge.
GLTA
Report TOS
At the time it went to $3.00 there was a lot of hype, including the possibility of being part of an ETF and the speciation by shareholders that the creen would be out around those dates, therefore generating revenues. We it didn’t go as thought at the time.
It is equally important to ask why it has gone from .004 to .51 where we sit today (approx 10000 % increment).
Once DD is analyzed is not difficult to see that upward trend is in you beneficial side of risk when acquiring shares in this company.
Do your own DD and see if the roster of professionals in this company would awaken confidence so as to take the plunge.
GLTA
This is for any long time holders to answer. The detailed quoted for 52 weeks states this was once over 3 dollars. What happened?
I've seen a lot of stories as well, however, many of them are going into the fact that various communities have been slow to license places to sell cannabis, and I gather that some of the existing drug stores are not getting licenses for recreational sales. I think it will really take a few months to take off here.
I frankly see OWCP as being very different from most cannabis based companies. Others are primarily interested in growing and selling to the public in local markets. OWCP is developing products which will be sold by others, but they'll be sold worldwide. OWCP may grow slowly until product sales are initiated, but I believe that it has the potential to be huge as over time most places that sell cannabis based products will be selling products developed by OWCP.
Of course in a few years it may be very different as certain products gain FDA approval and will be able to be sold in virtually all drug stores. I still believe that the sublingual tablet will largely suit most applications where cannabis provides either medical or recreational needs as it can be formulated in numerous ways to suit the intended use and specific patient needs. It won't replace the cream for skin diseases, but for most other applications it may be the answer.
Gary
Well OWCP didn't used to be .50 cents. When it was sub penny it was possible and if you watch what people make on a few cent moves you would see there are those who hold more than a million shares that are hear everyday.
I have 15 total (2 kind of defuncted) and 10 out of 13 in the green. One went over 81% today. As soon as OWCP finishes testing and actually begins selling something, it will soar. We are almost there. :)
OWCP has provided many pumping 8-Ks and press releases since the initial pump but OWCP was exposed for not owning any IP - all of their patent applications have been rejected.
IG
The question is - was he remunerated for the video - or as they are better known - the kiss of death.
IG
What does I-know have to say about this?????
We should get back on track tomorrow!
same here, i have 3 pot stocks and only OWCP finished red - other two are going up everyday (up huge already but still going up big with volume).
i live in california.. everyday local tv and radio are talking about marijuana sale starting january 1st :) i bet skitahoe is watching the same things on tv
I really liked reading your post. When it hits $30 I can ring the Millionaire dinner bell and still have plenty of shares left. $30 is my magic number and I wonder if I will yield into temptation and sell all my shares.
nobody would invest that in the otc
I know what you're saying about holidays is true, but it's also true that most of the senior personnel working for the MM's and Institutions are on vacation. An old broker friend used to say that this week the kids are running the candy store.
I'll hope that the kids would like to end the year on a positive note.
Happy New Year's all,
Gary
Last year we closed the year at $.18. While intra-year we certainly saw more, I don't know anyone who'd complain if their stock portfolio were up the better than 275% that we've experienced this year.
While I believe we could do much better than that, it's still nothing to complain about.
Our success in the next year will be predicated on establishing sales for at least one product, and hopefully two products by the end of the year. I don't believe the volume of sales will be that important, what's important is that they happen.
In 2 to 4 years from now I've got to believe that sales of products that OWCP developed will be in the billions, and while these sales will be made through a variety of companies all over the world, OWCP should be earning somewhere in the hundreds of millions meaning that shareholders should see stock prices that reflect over $1 per share, and perhaps as much as $3. For a fast growing cannabis based biotech, I believe that 30 would be a rather conservative P/E ratio, so I'm speaking of a share price of $30 or more. Foe those who hold on to their shares, most of us ought to be millionaires or getting very close to it by then. Of course this is totally based on the fact that our products work, but that will become established later next year.
Gary
Technically, the environment looks in favor of a green ending tomorrow.
The reality is that the environment is not in control of the day-to-day trading, lol. Only the trading/traders can settle that question.
But, we also experienced something special about the 18%+ share price up-move of yesterday. It came at a time of slow (vacation time) trading market period.
Will the demand volume show up tomorrow for a green close? Nobody knows!
Personally, I would buy more shares in the mid 40's should it go there.
Hmm... If there are too many who are thinking like me... who knows where it goes- green or red?
I say, everybody is left with nothing else but a guess!
Happy New Year 2018 to you and all.
I'd agreed with that completely.
It's my opinion real news will start the week of January 8th. That would fit in nicely with the way this has been trading recently. When I say " real" news. The kind of news that makes the pps climb to new highs and stick there until the next real news event comes and takes it to another level. Just my opinion.
Green day tomorrow IMHO
Wish I could say we're going to end the year green but the odds are now against it. Bummmer. I certainly hope to be wrong!
yahoo finance was showing the real time as well.
Clay trader very Bullish OWCP! Lol
Look at ADX green line and ACCUMULATION/distribution. Both curling up. This is setting so so nicely. Wish I had more cash!!
* * $OWCP Video Chart 12-28-17 * *
Link to Video - click here to watch the technical chart video
Well said - very healthy to reset RSI & MACD.
For sure we are headed way higher
Look at the 1 year chart this looks like a ramp for the parabolic move knowing crap like ndev just did this cbis cbds now mjna are getting in on it
You know it's our turn
I agree the pull back just sets us up for the ride Higher.
I'm going to add more, but going to wait till around .39 to .41. I've been accumulating as this thing's been dropping all summer. I'm tired of getting destroyed on the back end of these moves. If I don't get any more oh well. Booya
Today was a very good day for several reasons:
- We tested the 200 dma after 13 months
- MACD crossed on the daily chart
- Had a healthy pullback cooling off the RSI
I have to add though that there was clear manipulation at 15:43 where MMs dragged this down from .53 to .49s in about a minute.
No matter what, we will cross that 200dma for good and head towards a new 52-week high soon. I have no doubt!
$OWCP
Strange, looking at the OTC website, where the price is 15 minutes behind, but the bid and ask are supposed to be real time, the bid is stated at $.50 while the ask is stated as less than the bid, $.495. Something seems to be clearly out of order, but it may have to do with the size of the lots, and people not accepting partial fills.
It's not something you routinely see.
Gary
I really don't know why I watch the trading as I do, but I'll admit I do and I certainly prefer green days. Hard to say where we'll be on the last trade of the day, but it would be even nicer if we're green on the last day of the year, that's tomorrow. If New Year's was the day after I'd suspect it would be an early close, but I don't think that will happen with the Holiday not being until Monday.
Regardless of whether we're green or not tomorrow, I believe that next year will be a very green year, and that's what's really important to investors. In fact, I can't see a red year in the foreseeable future, it's just a matter of how green they'll be.
Could we have 1000% growth next year, I.E. end the year at $5 or more, I certainly think so. Could we keep that up for a decade, no I frankly would be thrilled if we were up another 1000% over 5 years, that would be $50 or more. If after that we simply were up 50% each year, it would be huge, but if you kept your shares from now, you should be very satisfied with far less than that, say even 10% growth every year. Give me that and I'd never sell this stock.
Gary
When there is high volatility, day/swing traders and day-trading often dominate the trading scene, in general. Also, the low share prices attract such trading and traders.
Another contributing factor is the natural percentage price changes are high relatively even in small share price changes. It encourages speculation and speculators. Over time when OWCP share price gets to higher levels, volatility will be less and a better balance could emerge between the various types of trading and traders/investors.
I was talking today
Oh yes we will cross it
I don’t agree. The good news is 200 dma is coming down everyday. So it will only get easier to cross it tomorrow IMO!
Hopefully the 200 day doesn't mess with us too much
Would be nice to close above it but looks like that is out of reach not sure we'll get that lucky
$OWCP The pps is flirting with green. A green close would be very nice even if it's just one tick. This was a consolidation day; building the next base for the resumption upward.
OWCP da bomb...MJ hot sector.
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