is all in $AAPL $TSLA and $PMCB
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300K Buy side
40K Sell side
and no movement on share price. Weirdest. Stock. Ever.
Oh well. I'm just waiting for the IND to be filed.
Friend just told me she tried to buy more at 1.47 and the order didn't get filled! Boom!
My theory: He has two offices, in the North corner as CEO and in the South corner as GC.
He has to run back and forth between the two.
Hey this looks great! Let's get this out on the wire!
Whoa, hold on, gotta run this by Legal! BRB!
Look on the bright side. The so-called AggroSphere Index was setup a while ago and the great thing about being included with a bunch of questionable companies is PCMB will rise to the top for anyone doing DD on the 69 companies. I agree the Index could be smaller, but savvy investors may choose to directly invest in PMCB and forgo the ETF completely.
Furthermore, very likely other ETF fund managers will jump on the bandwagon and launch their own MMJ ETFs, which, if they were smart, would be more selective.
All in all, the positives far outweigh the negatives for the ETF.
Another company in the upcome MMJ ETF dropped a PR. Will $OWCP drop one next?
Check it out:
http://ir.pharmacytebiotech.com/press-releases/detail/135
Right on! Sideways and then up up up!
So many wonderful catalysts at work:
MMJ ETF http://nypost.com/2017/02/17/medical-marijuana-has-gone-corporate/
Bipartisan Cannabis Caucus in the US Congress which already has 14 co-sponsors to protect State's MMJ laws, and related bills to remove restrictions from Big Banking and Big Pharmas to enter MMJ. https://www.congress.gov/bill/115th-congress/house-bill/975?r=26
IRB results for psoriasis cream. Psoriasis sufferers are following for OWCP's Twitter feed, just waiting to hear the cream is available.
News about OWCP's pending patents: https://register.epo.org/smartSearch?searchMode=smart&query=one+world+cannabis
Such an exciting time to be an $OWCP Investor!!!
Barrons: Why Biotech Stocks Are Finally Set to Break Out
Paid article, but here's a bit of it. I believe Biotech needs a wave of M&A activity to satisfy their dwindling pipelines. Hopefully, cannabis will be removed from Schedule 1 and they feeding frenzy can begin.
The iShares Nasdaq Biotechnology index ETF looks strong. What’s next for Celgene, Biogen, Myriad, Gilead.
By MICHAEL KAHN
Feb. 21, 2017 5:21 p.m. ET
It’s still a little early but biotech seems ready to break out from its long malaise. Some investors expect biotech will beat the S&P 500 this year. The technicals are finally lining up for the bulls and all that is needed is the market’s blessing in the form of a price breakout.
The question asked by non-chartists is “Why wait?” The answer comes from technical analysis textbooks telling us that until the market actually makes its initial move all we have is churning beneath the surface.
But that does not mean we should ignore the churn. Rising indicators tell us buying pressures are indeed building.
Right now, the iShares Nasdaq Biotechnology index fund (ticker: IBB) sports a number of positive-looking indicators (see Chart 1). Volume-based indicators, such as on-balance volume, now reside at levels last seen in late 2015. Momentum-based indicators, such as the relative strength index (RSI), are trending higher. And moving averages show “proper alignment” for a rally with price above short averages and short averages above long averages.
Man, what a ride! Who knew Dollarville would be this damn exciting!
Today's trading reminds me of one of my favorite Poker quotes: "Some people, pros even, won't play No-Limit. They can't handle the swings." - Rounders
Almost 18M shares traded hands and it's not even 2 p.m.
Power Hour up next!
Helsinki protocol IRB safety and efficacy reports are due in March for the psoriasis cream.
I see absolutely no reason to part with any of my shares now. I didn't see a reason to part with them at $3 this morning, so why on Earth would I sell any now.
Have a plan. Stick to it.
So you bought some, and bought some more at $2.50 and, like a good trader, you setup a stop loss at $2.25, 'cause, you know, the chart. Now your shares are gone. Never forget: MMs can see Level 3 data. Low hanging fruit for them to walk a stock down and trigger your stop loss orders.
Lock your shares up!
Sold part and covered the cost of all remaining shares. Free lotto ticket now.
He's taking a helicopter tour of some private islands he's thinking about buying.
My only small complaint about PMCB is for Mr. Waggs: "Dear Sir, you're the Chief Executive Officer, not the Chief Legal Officer. Don't worry so damn much about being sued. Give us a soft date for the IND filing. Leadership is needed."
My only small complaint about PMCB is for Mr. Waggs: "Dear Sir, you're the Chief Executive Officer, not the Chief Legal Officer. Don't worry so damn much about being sued. Give us a soft date for the IND filing. Leadership is needed."
Sector Rotation from MJ into MMJ:
TWMJF 10:21am EST 9.6279 -0.0981 -0.99%
ACBFF 10:20am EST 2.1368 +0.0393 +1.87%
APHQF 10:21am EST 4.8933 -0.1547 -3.06%
EMMBF 10:19am EST 2.8473 -0.1397 -4.68%
OGRMF 10:20am EST 2.0745 -0.0217 -1.04%
SPRWF 10:21am EST 1.352 +0.00 +0.29%
To. Da. Moon!
$OWCP
Oh Lordy, premarket trading started at 8 a.m.! http://ih.advfn.com/stock-market/USOTC/owc-pharmaceutical-research-OWCP/trades
Talk about a vote of confidence!
I see 22,500 at $2.24 pre market!!!
They will get the green light and have to buy and hold all the shares in trust at least a month before launch. So, March. All IMHO.
POP! Alright, things are going to get interesting now!
Witchcraft? Honestly, this stock confuses me like no other. They had some great news, pretty much skipping Phase 2, going to a Pivotal Phase 3 and the thing went down 2 cents.
I think it's not going to pop until there is a video on youtube of them hand delivering the IND to the FDA and the FDA guys smiling.
I'm holding many shares and there are people on here with 10 and 20 times my holding.
From what I saw yesterday, the regular MMs have been replaced with more seasoned traders. I don't think we will see the usual games now that we are in Dollarville.
MMs can see Level 3 data. They know where and who make the 7+ Million share purchases yesterday. I really think the days of games are over. Now MMs love to shake the tree and Bear Raid to free up shares. They aren't stupid and they are greedy so I could very well be wrong.
Guy hasn't even done any real DD on the company.
Psoriasis cream is weeks away from being available. IP protection is in place. https://register.epo.org/smartSearch?searchMode=smart&query=one+world+cannabis. 2 Delivery Systems ready to market. For those who are new to $OWCP, please take a look at this article from our Chief Science Officer, Dr. Baruch from 2015:
http://ireadculture.com/blending-the-private-and-public-to-advance-cannabis-use/
You will quickly realize just how far ahead OWCP is in the world of MMJ R&D.
MMs see Level 3 data. Many people have been on the sidelines because their broker/brokerage house doesn't allow trades of stocks less than $1 and $2 in IRAs and 401(k)s.
These people have watched friends and family make crazy money in the last few months in MJ and MMJ and they have been patiently waiting with buy orders at $1 and $2. Those $2 orders will be filled today.
At this point, the PPS is less about fundamentals and more about the valuation of $OWCP's IP and Pipeline and the supply and demand of the shares.
So much of the float is locked up. People here have GTC Sell Orders at $10, $20, and even $50. All that is visible to the MMs.
Whoa, just say the Form T from 4:18 PM: 148,327 shares Bought @ $0.11229
This Marijuana Stock Is Already Worth $3 Billion -- Is It a Buy?
https://www.fool.com/investing/2017/02/21/this-marijuana-stock-is-already-worth-4-billion-is.aspx?source=yahoo-2&utm_campaign=article&utm_medium=feed&utm_source=yahoo-2
Yes, funds do buy some OTC stocks: http://finance.yahoo.com/quote/PMCB/holders?p=PMCB
If you look at MMJ stocks across the Board, and the gaps and volume in the ones that are undervalued, you probably come to the conclusion that these new investors are not researching cannabis, they are actually smoking it. All kidding aside, what I believe is actually happening is that we are witnessing a major Sector Rotation into MMJ Stocks. (http://www.investopedia.com/terms/s/sectorrotation.asp).
Trigger 1: Bipartisan Support in Congress to allow Banking in MJ/MMJ and remove cannabis from DEA Schedule 1 to allow unhindered R&D: https://blumenauer.house.gov/cannabis-caucus. Big Banking and Big Pharma are now eyeing MMJ.
Trigger 2: MMJ ETF likely by April: http://nypost.com/2017/02/17/medical-marijuana-has-gone-corporate/. Lots of new investors scanning the AgroSphere Index for hidden gems and buyout targets.
The writing on the wall is as clear as day to me. MMJ is the next big thing. MMJ is not the next Green Wave, it's the Green Tsunami.
Throw your regular trading strategy out the window and instead look for MMJ's that have patent-protected IP and/or an MMJ Pipeline, ideally in cancers. Look for companies like $OWCP, which has 2 ready-to-market delivery systems - sublingual tablet and topical cream - and 2 others in development and a MMJ Pipeline that includes Psoriasis, PTSD, Migraines, and Multiple Myeloma. http://www.owcpharma.com/wp-content/uploads/2017/02/OWC-Feb-2017-ADV.pdf
What $OWCP has is worth Billions to Big Pharma companies like GILD, that have a dwindling pipeline and a mountain of cash.
Now that the MMJ Sector Rotation has started, the game now is identifying the MMJ stocks that will be gobbled up by Big Pharma. Mark my words: articles in cannabis magazines today are about MJ company's acreage and the price per gram, but in a month the articles will all be about the valuations of MMJ company's IP and Pipelines.
The Green Tsunami is coming and it's going to be a multi Billion dollar M&A spree fueled by promises of streamlined FDA approvals, repatriated offshore dollars, and deep pocketed Big Pharm companies desperate to beef up dwindling drug pipelines.
My mother-in-law travels to Israel every year to visit friends and to stock up on a CBD rheumatoid arthritis cream. Side effect- if she uses too much it makes her a bit sleepy. That's it.
Why does she go to such lengths and such expense, you wonder. Well take a look at Methotrexate, Big Pharma's current solution: "Methotrexate: a gold standard for treatment of rheumatoid arthritis" (https://www.ncbi.nlm.nih.gov/pubmed/25322199)
Major Side Effects
You should check with your doctor immediately if any of these side effects occur when taking methotrexate:
More common:
Black, tarry stools
blood in the urine or stools
bloody vomit
diarrhea
joint pain
reddening of the skin
sores in the mouth or lips
stomach pain
swelling of the feet or lower legs
https://www.drugs.com/sfx/methotrexate-side-effects.html
Never said I was buying more. Good luck shorting.
So I just received my proxy package for GWP*AHoles. What timing!
GWP*AHoles are, among other things:
Changing the structure of the Board of Directors so that a majority of directors are independent; recommending the addition of Cabot Brown as a new independent director (Mr. Brown "was also MD of Brown, McMilliam, an investment firm he co-founded that sponsored buy-outs and venture capital investments..."); changes to their stock incentive program to allow awards in the ADR instead of the UK stock; and changing their auditor to Deloitte.
Could mean nothing, could mean they are pivoting and preparing to make themselves more suitable and attractive for a US buyout.
Overall, IMHO, just another piece of data that reinforces my view that we are experience a Rotation into MMJ in the anticipation of M&A activity.
You're a member since 2014 with 4 followers. Guess that means not many people find your posts valuable.
That was in 2014, and since then the SEC has made it much easier to launch Index tracking ETFs, so I shaved off a month.
I really don't think trading stocks is for you. You don't seem to be very skilled at anything other than screaming "THE SKY IS FALLING!".
Yeah, I could tell right off by the way trades were being handled that our regular MMs were replaced with more experienced MMs. They knew it was going to gap up and they put their best MMs on the stock. Huge difference. Did you see how it reverted to the "old way" of trading around Lunch time? Yeah, they let the regular guys back at the wheel while they had Sophie's for lunch.
Well, hey there new MMs, I like the way you cleared the trades today. Good stuff! For the rest of the week I leave you with the words of The One True Trading God, Gordon Gekko: LUNCH IS FOR WIMPS!
The 2 big winners of the AgroSphere Index are both Israeli MMJ companies.
That tells me people are doing their MMJ DD and quickly realizing that Israel is the world leader in MMJ R&D. So nice to be ahead of the curve!
Symbol % Chg Close Close Volume Vol 22 Day Low
OWCP 128.42 2.09 0.915 14,958,559 2,539,918 0.003
CNBX 61.25 6.45 4.00 6,770,142 1,480,279 0.0225