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LOL. Why... Why would everybody sell a stock on an 8K/PR of that vaguely talked about Efficacy Results when anybody who really uses their head to further connect the dots should realize a detailed breakdown of the Efficacy Results are likely to follow in the near future... PLUS, the product launch would come in (possibly) early Quarter 2?
One of my favorite parts of the 8K, that none of us could have known:
New Blog to share! Tweet! Facebook!
http://ownthefloat.com/index.php/2017/03/20/owcp-highlighting-the-efficacy-results-8-k/
I simply breakdown the 8-K and highlight key words because, believe it or not, many people don't want to read the 8-K... :)
Your MP3 link doesn't work. My file is available at
http://ownthefloat.com/OWCP/WallStRawRadio_3-18-17.mp3
Yeah, and AXIM's massive run is for a product that won't even launch until 2018 - 2019. Long ways away.
OWCP is as little as a MONTH away from product launch news. Quarter 2 is right around the corner.
(I'm NOT saying I expect the product to absolutely launch in the first month of Q2.)
I agree it's conservative -- that's what I usually post. ;)
In my head, there's a higher PPS target. Not that I'm selling at that level either, just nice milestones to keep hitting on the inevitable BOOM that will continue to occur throughout the rest of the year into Capital Gains Era. Haha.
Strongly disagree that "everyone" will sell. Only the foolish will.
Efficacy Test Results is just the beginning of a tremendous run...
Product Launch = PPS Launch
Then, we have a 2nd product/revenue creator launch to look forward to later in 2017. Then, actual revenue figures. More and more coming.
Flippers are certainly getting used to the run up, followed by a walk back down -- but I suspect there will be more sustainable growth once things are more proven (efficacy, product launch, etc.)
$3.00 sure should be a realistic number. OWCP hit $3.23 after they were found to be listed on the Cannabis ETF and a PR about the Wall Street Conference that most of us already knew about...
Efficacy Test Results for the first product that's to launch by Quarter 2 should be "epic" in comparison.
$3.00 should be easy. Should. Again, if it doesn't hit $3.00 on that news... This is a messed up world.
AXIM ran from 0.395 to $19.80 on news for a product that won't launch until 2018 or 2019.
Thanks. Though, I'm not "fully back" -- just checking in on occasion. Day job has me busier than usual lately.
OWCP will be fine when the news drops. Until then, people will play, flip, and short -- and that's fine.
Efficacy Test Results should be the news we're all waiting for to see $3.00+ again. If it doesn't, this world makes no sense. :)
$OWCP is a sure winner! In addition to the chart, we expect them to release their EFFICACY TEST RESULTS for their first product -- the Psoriasis Cream. Any day. Definitely by END OF MARCH.
Strongly feel another run beyond $3.00 is coming with the Test Results. There's no reason it shouldn't.
Setting up before the BIG RUN fueled by the upcoming Efficacy Test Results.
Expect $3.00+ by end of March, IMO. :)
OWCP will absolutely double by end of March from it's current ~$1.40 area.
Lots of DD at www.OwnTheFloat.com. Efficacy Test Results due by end of month.
Those of us who have been here since October, November, etc. have witnessed SEVERAL big runs, followed by many 50% retraces, then another big run... It's become quite NORMAL to expect.
IN MY OPINION, this is about the bottom of THIS retrace before we run once again.
At some point, I expect the runs/dips to be less brutal as we expect more and more news on results, additional studies, additional products, product launches, revenue, etc.
Still fully expect $4.00 - $5.00+ by April sometime, depending on when we hear some of these big updates.
Anyone who has followed companies like GWPH, AXIM, and CNXB know their big runs were triggered by UPDATES... When R&D turns into Revenue Potential, it runs. When you get some steady revenue, you tend to become more stable. GWPH, for example. We're not TERRIBLY far behind GWPH. It's only a matter of time until we have as many products, likely as much revenue, and then ultimately MORE products and MORE revenue.
Whoa, whoa... Don't come at us with LOGIC, FACTS, and REAL LIFE COMPARISONS!
It's a Red day... Only baseless, negative claims are allowed!
:)
It's my strong feeling you will NOT buy shares then if you're waiting for $0.50 to come in the future.
I mean, unless shareholders here go completely brain dead, I don't know how it would fall to that level.
We're getting closer and closer to Efficacy Study Results and Product Launch (Revenue).
Why would EVERYBODY just sell their shares with the biggest news we've ALL been waiting for since October, November, and December about to drop?
I have more faith in the people who own shares here. The majority are not that clueless.
Past performance isn't an indication of future success.
I don't know anything about CBIS, but maybe something about them indicates future success and growth per the Wall Street folks who chose them too.
I'm invested in OWCP for what they have coming the next 12+ months. I assume that's what the ETF guys saw too.
Being included on the first ever Cannabis ETF meant nothing then?
At this point, I have no reason to trust your technical data because I just "met you" yesterday and all I remember you saying is we're going to $1.00 -- which hasn't happened yet. Plus, you really haven't offered much "data". Where's your chart or data sources?
Once you establish a track record of success and accuracy, I then would have reason to listen.
Yes, please do so. If OWCP sinks back to under $1.00 at any point in the future, I will truly be shocked. Yesterday wasn't a shock because the Stops were at $1.88 - $1.95 per the chart I posted on February 26th.
(That chart, for your reference, was located at http://www.ownthefloat.com/iHub/OWCP_022617.jpg)
But, at the end of the week if you are shockingly correct... I still remind you that I've consistently been saying this is a LONG TERM play where day-to-day doesn't matter for those who wanted to buy cheap shares before end of March, into April, and beyond. That's when the real PPS gains should be... $5.00+ isn't unreasonable based purely on the Cream, which was initially just thought to be Psoriasis but has since become multiple Skin Cream product possibilities.
Suffer from Psoriasis? (Article on 3/1/17)
https://thefreshtoast.com/cannabis/suffer-from-psoriasis-cannabis-cream-is-coming/
I've got faith in these guys!
Sure, OWCP could build up even more in time.. But a buyout removes the chance that I'll sell too early and regret. Hahaha.
Yes, I've had some dreams become premonitions. :)
When I sold my business, I got the dollar amount I dreamed of, despite being told much different (lower) numbers from my CPA and Business Consultant friend.
Also, sadly, had dreams of our pregnancy not going smoothly. And, that was half reality.. Difference was I didn't lose my wife in real life too. (www.gabee.org, charity plug)
Or, like I had a dream about (literally, in my sleep)... All of what's in the pipeline lead to a buyout of more than $50 per share.
That's $7.2 Billion though. Kind of low considering GWPH was "valued at" $8.8 Billion by Goldman Sachs with FEWER products and prospects. :)
Thank you, sir. Your words are appreciated as well.
Thank YOU for the confirmation that what I try and deliver is helpful.
Lord knows life would be less stressful if I closed my iHub account and just invested.
After all, iHub investors account for very little of the overall volume... Haha. I continue to enjoy helping before of the dozens of comments like yours!
Thank you, sir!
I wish you a massively profitable future!
Thank you, Rhinegold!
We should be fine here longer term. If you've been here since October, you've seen MANY great runs, followed by gross dips. Yet, we prevailed with progress and news.
Tons in the pipeline just between March and April to keep us moving up to $4.00+
See, because the OWCP board here has had so many hundreds and thousands of posts... We have REALISTIC comments like yours:
I have said this will be bigger than GW in 2 years.
Then when somebody replies saying something about, "Yeah, we'll rise to $20 and beyond!" (meaning by end of year or early 2018) and then the naysayers read the half story and attack.
I don't think anybody using rational thinking would disagree that $10/share is UNREALISTIC for end of year considering that's less than HALF of what GWPH is currently trading at with ONE product and not that high of revenue.
OWCP has POTENTIAL to rise to those levels if we get our products to market in the timeframe they hope to.
Thank you, sir! I know I always say, "Trust no one" -- that includes me, in theory.
I don't WANT anyone to trust ME... I want them to be able to read the DD I publish, click the links for those claims, and decide for themselves.
Lots of people don't even know where to start looking for DD, as crazy as that sounds to some people. That's why they take the easy way out and believe what they read on iHub.
So, it's "corny" and I'll get bashed for it... But I try and provide the DD to be helpful because of how I got burned when I started in Penny Stocks.
(Though, OWCP is NOTHING like the garbage I traded back in 2012. So much better in every. Single. Way.)
Right... Bad news could make it run down, but with all the positive news we've had... I don't see how "bad news" is possible at this point.
Obviously that's an opinion. Again, I encourage everyone to read the 8K's and connect the dots for themselves.
Thank you.
Really appreciate it.
Thank you, sir. Hope you find the ideal time to buy. You never know if we'll run upward from the start or have another dip in the morning or mid-day.
I don't claim to be a chart expert. :)
For what it's worth in giving credit where credit is do... "gsobes" may have some insight on chart data.
HOWEVER! If anyone is truly calling for a dip to $1.00, I tend to not believe what they're saying is what they believe.
I don't control anybody else's posts or opinions.
I had been saying since back in like December or January that I felt we'd rise to $3.50-ish by April because of my AstraZeneca comparison.
I felt we'd rise to $2.00 by March 1st... Which, we did close at today -- though we've been much higher to my surprise.
Slow and steady was my belief, but we've had wild runs and those have resulted in wild bull backs.
Doesn't change my level of optimism of being able to achieve $5.00 and $10.00 IN TIME.
Fully Agree!
Just hard to "tune out the noise" sometimes. :(
Thank you. *sigh*
You see why I needed a break earlier today though? Ugh.
To start with, telling a Conference audience something we don't know is "Insider Trading" -- isn't it? That was what some were yappin' about yesterday.
But, on the other hand... You may not realize how many investors here don't pay attention. I see repeated questions day after day asking the same things we've been saying for weeks. This is also why people like myself have over 1,000 posts here...
I remember seeing a handful of people here TODAY asking what time the presentation was, even though the schedule has been out for weeks and that question was answered several times today alone.
So, going to a conference to recap and tell a room for of (assumed) NEW investors... Still good, right?
Yes, first of all... I haven't been paid by anyone at anytime to promote or talk about a stock - period.
I'm an investor since October. I've provided tons of DD with verifiable links for people to make their own minds up.
Feel free and try and dispute ANY claim I've made. Sometimes I toss in opinions based on facts and comparisons of same industry companies -- but that's it. I don't prance around telling lies. 95% of the Board here would agree with what I just said.
My optimistic views are, again, based on FACTS and comparisons.
Example: I've felt our Psoriasis Cream ALONE should rise to a $500M value by itself because of the fact that AstraZeneca had a Psoriasis Drug LINKED TO SUICIDE and they sold it for $445M to another drug company. So, logic says, if a product that is LINKED TO SUICIDE is "worth" $445M... Why wouldn't a SUPERIOR product be worth MORE? Fact based analysis.
Free of charge, so people can read the DD, click the links, and decide for themselves.
I post a lot here because people keep messaging me saying how thankful they are for my posts, DD, etc. It's a good feeling to contribute. OWCP is a SIGNIFICANT part of my portfolio, so it's the one I focus on "defending" -- even though the DD speaks for itself and shouldn't need defending.
STRONGLY DISAGREE with your analysis and assume you haven't read nearly enough of the available DD.
This isn't your average "OTC Pot Stock" trading on the Pinks with well over a BILLION outstanding shares running off Toxic Debt to start with.
$10/share brings us up to less than HALF of GWPH's current trading level. We have more in the works, that's why some are saying $10 is coming.
It's not coming next week. But it's coming -- if progress keeps being made. If we have the Creams (yes, plural) on the market and start selling the Tablet.
We then still have Multiple Myeloma, new delivery system(s), and others to count on.
I agree. It's not happening overnight. Not happening next month.
Just nice to hear it's on the agenda. Makes no difference for you flipping, but for someone who just puts money in, works their day job, and wants to feel confident their money will keep growing... It's nice.
Efficacy Study Results, Product Launch, Product Update, Product Launch... That's what will keep driving us up and up.
"OWCP will plan to uplist to the NASDAQ and go toe to toe with GWPH." -- Ziv Turner
"No one knows more in Cannabis than Dr. Yehuda Baruch in Israel!" -- Jeffrey Friedland
Couple noteworthy quotes I heard from conference attendees.