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Yesterdays 8k came out by design. It was our gift from Ziv and JF. It was also their way of covering their bases, as I believe they know the amount of stir their results have been buzzing with the large capital investors that use the MoMo's to gather their positions. Right now It is a Mental Fortitude game in which you have to ask yourself.... Shares of Best MMJ Company. or Cash. There is a reason this won't go too low as shares disappear too fast. Only 86 million shares available How much Investment Cash is available? Which one grows with every 8k and Convention, PR etc?
The Shoppers were out in Force EOD looking for some bored/scared ditchers. I think they were disappointed be the lack of sellers at their Bids. GLTA Short Squeeze Is looming heavy. IMO.
No one really talks about flippers with insignificant positions.
Most current report is MarA and that was approx. 3M short. Next report for MarB will be out on Monday 27th. That will be telling. Prior to Feb the last time this stock had significant short interest was in OCT16.
http://shortsqueeze.com/?symbol=owcp&submit=Short+Quote
You received a write up. If you are long what you need to know: There is a finite number of shares to own this stock. Fastest way for my pps to go up is for you all to sell. To that I say sell it down. However you are in negotiation with MoMo's and large Cap investors treating this like an IPO. Your patients is your only negotiating stance. They determine the dates.
Once the MoMo's work the math calc. at this price level in the next hour or so. They will come up with Supply/Demand assessment. At that time we will see where this goes. Do your own Risk Reward assessment. Sometimes you can play with the game.
Easy $7, They are setting this up to have enough sell them at $3.00. Only This time there will not be a pullback. imho
No Dilution, That wall is not to make money today, It's to push you off your chips to win the table.
So you would value this company's science backed psoriasis cream at less than $200M? Sounds like you have alternate agenda.
The Largest Forces of Demand are working as a Coalition. That Coalition is increasing. This Coalition has the sources to keep this price where they want for how long they want. Until this coalition is broken or becomes obsolete. Do your DD and start valuing what you have. Inevitably/eventually the market gets it right.
Becomes Obsolete= They get what the need/want, They become overwhelmed by additional demand forces.
If CBD Psoriasis Cream turns out to be a Top 5 wanted treatment for Psoriasis in MMJ states, Easily $1.5B Product. Except they just added possible ailments that the cream can treat that are <90 days away from executing.
Everything Falling in place in this Country and Others for MMJ to launch wide open.
Fear vs Faith.
Do you know what you own?
Someone does and you are being tested.
They have been testing conviction of the longs with/since the double bottom. Doesn't seem they have gotten what they wanted. Now they are testing with boring $.10/week. Last resort they will try to get the shorts to sell them for cover. Could be this week or the next couple but there will be a super run coming. Mondays Short Interest Report will be telling. IMHO.
Selling? Didn't have the bawls to sell down to $.90. Who in their right mind would attempt to sell into this News with added expectations in the next month(s). LOL glad to be long and holding tight. Watching the fight over the remaining float. May trickle in a few more to my position. GLTA this is a MNST...
It's not always what revenues are, however if this product is in the Top 5 for Psoriasis treatment value just went past $1-5B. IMO
Bottom line. This is Demand Creating on steroids.
How many long-term 250K+ holders does it take to put this $10+? It's not worth it for many of them to sell before Oct/Nov/Dec. Truthfully, I would like to see the short interest back to 8-10 million shares.
Revenues have been guaranteed from a Mgmt team that has never let down on timeline promises. Taking this to the bank. GLTA.
Has been/Gonna be fun watching and building, unfortunately it will take Monday Morning to get a Short Interest Report for MarB. "Life Changing"!
For those waiting on Actual Revenue, Good Luck! See you in the $TEENS or more. This mgmt group has lived up to everything they've claimed and more. I
Instant Expansion of the Market for this product, all while continuing the original timeline. WOOOOW!
Early Mar17="Very Old"? What do you have?
86million shares outstanding. 3million short as of 03/01.(Monday we will see latest report) And just over 1M traded today. Dynamics are rapidly evolving. The number of shares held by the board participants must be huge. Add that to the interested watchers and the orders being placed from the conference(s) interest. Huge Tension point coming. IMHO
The last report shows doubled to 3million shares short. (type OWCP)
http://otce.finra.org/ESI
It's a swing week for News. Longs remain long and have more a tendency to watch and listen than to push. Most will not sell and some will add. It's just how it works. Some of the info I look for will be coming next week. GLTA.
Good Post. They are using the lulls in between news to accumulate at lower levels. Only 86 million shares available.
No Doubt, been a lot of gamesmanship. Disappointing when the PMs start coming. Even though I see it as assurance. OCT/NOV17 can't come soon enough.
I agree, in any other administration would be a challenge. However we have a leader that is untethered. I think the healthcare thing goes thru then he cuts costs with Med MJ scheduling/deregulation etc. It seems to make the most sense for the citizens of the US.
What's the whole story? Because I think they want my inventory and are desperate for it.
Maybe, but markets just don't open to the best products because they exist. There may be a lot of attention needed to driving this product to the shelves next to Big Pharma. Selling BigPharma these products works out best in some cases. OWCP can stay focused on what they are best at and that is the science.
When efficacy is finalized, if OWCP would sell the whole psoriasis cream package to a company like JNJ and let them have the head start in the markets and see the provisional patent through. The company could use the cash proceeds to further the science and studies on the CBD/THC as Govts/Insurance Companies/Markets etc open up to the concept. Everyone Wins.
March was slated to be testy. However, I think the worst ended last week. I look for a recovery and depending on news we will see where valuation goes. This is an interesting study since $.035. I would surmise run coming into the News/Reports due later in the month.
Thanks for your honest opinion. It is absolutely valued. This company has some very interesting dynamics. However, my opinion is you got caught.
Millionaire/Millionshare Goal. Only takes 86 to lock this one down. When you see these MM's it is validation. Always have an ace in the hole to take advantage of the pushes. Patients Pays and always fun when the shawties are burned. Next report due out at a very advantageous time. ------------------------------------------------->$$$$$$$$$$
The longer they wait the more shares they will need to find, borrow etc. JF and OWCP continue to sell to the world markets their science. Price can be anything at anytime.
I don't know of any penny stocks that put together partnership deals that include non-interest bearing loans, Royalties and equity ownership. Especially with legit established businesses that have solid reputations. JF is getting things done.
Based on my portfolio since Oct/Nov (less than 6 months ago) $ has turned into $$$$$. I can afford to see what 6 more months brings. Taking what I can along the way. Big Demand continues to grow and supply is fixed at 86 million. All I need to know since I've done my own DD.
Correct, This is how smaller money joins/becomes bigger money. Big money is now discovering what's going on with OWCP and (actual) Supply is thin at 86Million.
Not gonna let anyone bore the shares out of me.