Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Nice analysis. So we have an upper resistance at .018 and a lower resistance at 0.14.
Thank you!
Is OWCP going to publish anything on the NEJM seriously?
Can you link please?
That would be awesome!!
Great 10q. 2 million cash explains why they didn't need Medmar anymore and could just return them the money back.
This should return to $1.20-$1.50 levels IMHO.
FYI last time OWCP dropped to $0.59 skyrocketed to $1.20 in one day.
Watch and learn.
I bought at 0.04, sold to recover my investment and now running on free shares.
I don't usually do OTC, but OWCP had good numbers and enough volume, so I took the risk.
Obviously, if I would do daytrading, or try to sell on highs I would be worried, but for now, just waiting events.
As a matter of fact, I have my shares with a $3.00 sell order. I am in no hurry.
Please, if possible, keep us informed please!!
Sounds very well.
I don't think there is much shorting going on here.
I've seen this beast go from $0.59 to $1.2 in one day.
Nobody is going to short OWCP as it's like playing with fire.
I think the PPS decline is from average people selling their shares because they think they might be able to obtain a better benefit somewhere else.
No MMs plot BS going on here IMHO.
Don't put all the eggs in the same basket.
Trading for beginners. Vol 1.
I disagree. Everybody here is free to have their own tactics, technics or magic spells.
Even Mariosmack.
At least he made clear he sold everything.
GLTA longs.
So then it's great news.
If they are terminating the contract with Medmar and one condition is that they have to pay back the money to Medmar, that would mean that OWCP has got the money somewhere else...
Maybe the Monaco Growth Conferences were worth it after all.
It's going to be low volume only if we have no news...
Volume is laughable
Venice is a city of Italy, Brutus.
Therefore, Venice doesn't have Prince. Neither does Italy.
I stated the same thing before.
I doubt the Monaco Conference will affect the PPS for any reason but the hype.
Those presentations are just that, presentations, and I doubt big whales will be there buying whatever stocks with their mobiles...
Rather than that, they will likely ask for a private meeting, and then talk.
The only way we can know about any deal/news would be via PR.
I am positive, but don't expect big movements this weeks.
I will reply this one.
Going up or down depends on many factors; some of them are tangible (real numbers, 10-k, 8-k, PRs) and other are just wild intangible (also known as hype)
My wild guess:
These previous days may have been influenced by the hype created by the Monaco event. If anything happens with this thing, if there is any positive news or a Press Release, then the PPS would undoubtedly go up.
Previous days/weeks, when we got as low as $0.57, were caused by absence of any kind of news, which was used by traders to short OWCP at will.
Then, we had some good news and the PPS increased over 100% in less than 24 hours. Because of that, traders don't dare to short OWCP any more (or at least not as much as they were used to), in case they get caught again in a wild short squeeze. That's why (I think) now in low volume we are going shyly up, whereas we used to go down and down.
News are expected to be good (or no news at all in the worst case scenario), so no one wants to risk their moneys shorting OWCP right now.
I don't expect OWCP releasing any PR during the Monaco event days, but probably next week or later, when talks and agreements (if any) settle.
My bet? I would bet 1$ that OWCP is over $1.07. I don't see any reasons in the horizon that would drop the PPS of OWCP
Big money loading up? Current trading volume is 1.7M.
I don't see 'big money loading'...
My year started last year, when I bought OWCP for $0.04 (October 2016)
If you look the last two months, the trend is going down.
If you look the last six, it's upwards.
You cannot tell for sure.
Nice and realistic post.
I am in a similar situation. I bought back in Octuber at $0.04 and now I'm riding on free shares, so I really have no agenda on $OWCP. Just waiting , but I think I'm going to sell part of it on the next spike ($1.2 sounds feasible in the short term, even more if you take into account the Monaco Event which I expect will attract new investors)
In my opinion, for longs in $OWCP it's not worth to keep checking the PPS every minute.
If you think you know what you own, just sit down and relax.
For example, last 4/12 the PPS rallied from $0.5799 (4/12 15:52) to $1:35 (4/13 15:47). +132% in less than 24 hours. I feel sorry for the desperate pals that sold under $0.6 to find later that they lost a +100% rally.
10-k was good (not wonderful, but good).
PPS at this moment is what it is, going up and down, but any positive PR moves the PPS north like crazy...
Just my humble opinion. Please don't follow my advice and do your own DD.
Maybe if you're trying to patent several inventions, it's? not the best idea to show what you're working on until you have everything perfectly tied up.
Just thinking...
10-k here
10-k
I thought the 10-k had to be submitted today during trading hours...
Thank you for the info.
Agree. I always do that in OTC shares.
MMs hitting stop losses to cover their shorts.
I think it will go back to 1,2$ in short.
20 minutes since the open, and we traded over 2 million (50% daily average) and we're up +23%.
Short squeeze?
Go $OWCP!!
1 million traded in 12 minutes.
I think we have a very green day ahead too...
Go $OWCP!!
A positive 10-k would be great, short squeeze, attention from new investors due to PPS skyrocketing? and volume increase...
We are going to da moon!!
I think there is no 10-K yet.
He is just talking hypothetically, I think.
I'm here since 4 cents (Oct 2016), now holding free shares.
I think if the 10k is good, we might go back to 1.5-3$ but 7$... I don't see it unless we have a stable solid business, and right now I think we are a bit far yet.
However, I still think $OWCP is one of the best OTC plays, and as I put my money where my mouth is, I'm holding here waiting to see new developments (unlike other OTC plays like $MJTK, $NWAV or $RSII which I just day-trade).
Good luck to all longs here.
Me too. $1.30-1.5
Awesome news!
This will attract more investors. Good news + short squeeze $OWCP is going to be huge!!
Good luck to all longs!!
The problem dumping your shares of $OWCP is that Murphy's Law states that the minute after you dump the last of your shares, $OWCP will make the wild ride you don't want to miss.
In these cases, I usually only sell part of my positions, to avoid loosing the ride.
But it's up to you. If you've done proper DD, you should know what you own.
Good luck.
Thank you in advance.
I will be looking forward to reading from you.
Holding $NWAV would be interesting just for the expected short squeeze prevision alone, due to the stock symbol change.
If you add the business projection, this can go crazy.
Just waiting here...