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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.
Let's turn this red candle into a green candle again
Getting chewed up fast! Now the next fake wall at .52 is back from the morning :)
Thanks for your thoughts thru these months. Long OWCP :)
The retrenchment this morning is something I believe is healthy, nothing only goes up forever. We'll see if we get a positive close today, and for the year tomorrow.
As for the gap at $.435, any positive news would probably assure that that gap will never fill, however if we have no news in January, I wouldn't be surprised to see it fill before the end of the month. As you know, at the end of the month I'm planning to buy back the shares I sold for a tax loss, and probably add a little beyond that, I certainly wouldn't mind paying essentially what I sold the shares for, but will be profitable on the my shares if I pay more.
January certainly should have gains for cannabis in general with several major markets opening, however right now the effect on OWCP is only what it will see by association with cannabis as it currently isn't selling product in any market. I would hope that by the Wall Street Conference the company clarifies when and where they expect the first sales of the cream to occur, but it is by no mean certain if they don't have safety trial results by then.
If the goals scheduled to occur in the latest guidance do occur on schedule, OWCP should be a very different company by the end of each quarter next year and depending on when sales begin might easily have a market cap in the billions by the end of the year. Ultimately it will be revenue that drives the market cap, but just the fact that it does have sales will give it tremendous credibility for following its business plan.
Happy New Year's all,
Gary
$OWCP The pps is a "tad" below yesterday's close. Me thinks she'll go red to green today.
Hemp just busted the .26 resistance down and others are moving up from 2nd he slump
I say we go much higher today
$OWCP Nice day of churning and weeding out the profit takers. The pps is a little red, and is trying to get back above .50, but the pattern of higher highs and lows remains intact.
Back up we go to join the rest of the herd
I'm not worried about it too much
I know it's going higher and when we dipped I bought more of this and cbis at .082 from selling winners
It's all good
I just like days like yesterday better lol.
Just think how your going to feel if you hold long enuf to see your account do that with $100k+. Still very unsettling and I know! ;) $OWCP
I hold 300k shares and there are those on here with well over a Million. Have been here since late Feb 2017. This isn't anything. Just volatility and day/swing traders. January and February are going to be crazy awesome for OWCP. But we will always have high volatility until we are off the OTC
I think so but when you have 180000 shares and start the day up $8000 and go down minus $8000 in same day it's a little discomforting
It is my opinion that you'll be quite pleased with the purchase(s) within the month of January and things should only get better beyond that point. Obviously dips and retrace expected if there happens to be a BIG run -- unless that big run occurs because they finally announce the start of sales/revenue or something even more amazing.
Several Recreational Pot licenses issued in California in 4 cities! Ready to open business in January 2018. This was presented by an industry rep on cnbc tv just a while ago. The pot industry now formally going on 'recreational' mode... from 'medical'.
Once we’re back above the 200dma those days will come back ;)
I already bought 5k, trying to buy 15 more.
Might be getting a little carried away
Just bought 22500 more shares
Let's get back above .50 please
Despite what are other friend says I think you're right and .47 holds
I'm watching other stocks and they are not falling apart like you would think if we were changing direction
Buying 10000 more here
I want to go back to the old days where this puppy could go up 100% in a day.
About to turn back up shorty!
$OWCP$ Massive accumulation occurring this week. This breaks the 200MA and upper boli and it will race upward.
Right, WE ALL have a lot to learn. I'm open to learning even after being in the market since 1960's! What's interesting is that with all the tools we have to help us understand what's going on in the challenge we face, regardless of the appearances, everything that happens is unique in nature. Whatever goes on or is unfolding here actually is different. Humans are always changing- hopefully evolving to a better state of being humans. That's another reason the stock market is exciting... a hobby of mine. It gives not only an insight to us but shows human psyche and how humans deal with their emotions and mental faculties.
Rosemary O'neill in her book "STOP LOOK AND LISTEN" recently published, said something to think about. When one points a finger to another, THREE fingers are actually pointed towards oneself! Something to think about.
Go OWCP.
GLTY & GLTA
PS: Btw, she happens to be a sister-in-law of mine.
$.434 or so.
Where Is this Gap?
.44 is the gift. Just like I said. .55-.60 the gap fill. Easy to see for people who know what they are doing.
Noobs act like fools.
I got .47 that I called for earlier. The low is in let's go
yup, always a chart play. Easy to tell and flip for 10% then wait for another obvious move
Okay, sorry. Thought it was some kind of ball-breaking directed at some comment or something. No worries!
I'd be concerned if this price action was end of day but being this early with the rest of sector in the green big time I think this needs to be bought with afternoon run
We'll see
If they try and fill that gap I'm a buyer again.
.44 is a safe bet
Molecular biologist explains how cannabis kills cancer cells.
https://www.naturalblaze.com/2017/12/cannabis-kills-cancer-cells.html?utm_source=Natural+Blaze+Subscribers&utm_medium=email&utm_campaign=8850f75a5a-RSS_EMAIL_CAMPAIGN&utm_term=0_b73c66b129-8850f75a5a-387906541
Nice volume in first hour of trading
Looks to me we could go to .47 before a massive bounce
.47 is a ceiling on 3 month chart which would be cool
I'd be worried if rest of sector was down but this is obviously a bull correction to be bought
YES, this large order of 280K plus shares looks great!
$$$OWCP$$$
TappyS
Congrats, this dip was a gift!
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Yes sorry 200
Just filled a purchase at .486 which I like
Reload!
I wasn't heckling ... I just thought I'd never see 52s again and then someone was trying to get them ... the 300k would give him all the shares he wanted ... no heckling whatsoever, holding strong here as well ... Just know that 52s are bargains !!!
We have nothing to worry about. The new year will bring a lot of great news. I still believe 1/8 we will hear about tsx listing. Have nothing to worry about. Let the flippers do their thing if they "need" to so bad. OWCP is going to run hard but this time it's going to have legs under it to keep it standing at new highs when finished.
I think you're heckling the wrong poster...look elsewhere for your entertainment.
Order filled: OWCP - 10:17:31
Bought 3000s @ $0.52 - Total: $1,575.75
We are WAY over the 50 dma, which is .41.
I guess you meant the 200 dma
$OWCP
there are you 52s ... 300k of them lol
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