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I believe it is only chart: we broke 200MA and Lower BB at 0.58 and 0.53 respectively so now we make a red candle.
If volume continues this way I expect we change to green , I still hoping we regain 0.50 support by EOD/EOW
So funny these experts claiming victory after less than 1 hour trade!
Less see on the daily and on the weekly, what's going to happen!
Remember 0.50 is not broken if OWCP is able to recover for EOD
Great post Gsobe.
IF it dips to 0.40 or below it will reach a minimum and go up again. This is waht I belive, if you have the full picture here, than Long Term investor even with 50 or more % of losses can sleep at night, knowing this is part of volatility of a Company with relatively small amount of OS (in penny 1B is typical) that still trades in OTC Market.
With Volume it moves UP fast. History told us this.
I want to reassure you that I am still holding above 400kshares and I have no plan to sell before cream is on sales and I have no group behind me.
My PT is in the 6-10$ range and I will sell my shares gradually in that range with small amounts.
I am a LONG TERM Investor Gsobes. I beleive in the company in the long term and I did my DD. I come to the forum to follow the day-today noise, but I am not really that much concerned about the day to day price,really beleive me. Of course it sucks, but I don't Panic and Keep the Full Picture in Mind.
My opinion has always been that OWCP will continue (on the daily and weekly chart) to hold above 50 cent area.
Let's see the current week what will be the close price.
OWCP LONG AND STRONG
Trading penny stock with no stomach to sustain volatility and not capable to take any risk is baaad strategy
You dream LOL
Today PR
"OWC Pharmaceutical Research Takes Further Actions to Protect its Intellectual Property"
https://finance.yahoo.com/news/owc-pharmaceutical-research-takes-further-110000839.html
I know only that since YTD low 50s has always being a strong support:
OWCP since YTD has always been a GOOD BUY OPPORTUNITY HERE.
Of course things may change, I personally see a big bounce after this bottom
Great post, thank you Moxa1to clarify for newcomer and impatient investors so they don't get screwed by selling at this bottom cheap prices !!
Are you newbie?
->Company is solid,
->Did great R&D last year(See 8k)
->KEEP COST LOW (just check the Q) over Q)
->It is not dilution (Compare OS to check)
->Even if you you bought in 2$ area as a beginner, just average down in low 50s maybe a good strategy
->You need to see that it went down a lot recently in Low Volume and will go Up quick
All imo
OWCP LONG AND STRONG
R&D expenses are kept low by smart management in addition the product is ready, so Administrative /Marketing cost are what to look at in this time frame, prior to Product Release
Yes I fully agree, of course you can panic selling on low volume, it is always s possibility
Wrong Support in low 50 HOLD STRONG
HERE From today PR:
"
Our primary short-term objective is to introduce our topical cream for skin conditions including, most importantly, psoriasis to the market"
" Our necessity to fully protect our intellectual property limited our ability to provide potential customers and partners with the required data for their due diligence and review. Our proprietary data includes specifics regarding the formulation of the topical cream"
MAJOR NEWS IN DATA RELEASE NOW IS POSSIBLE
Amazing job of the company in protecting the IP
Expecting Major Big News to come on Scientific Journal about Efficacy Data
Then OWCP setting for a BREAKOUT ABOVE 200MA 50MA in 0.75-0.90 area
You made a good choice, in addition the buying here in the 30-40 has very limited risk and extremely high reward
Nice to have QTRADER ON BUY SIDE AGAIN!
Correction is really over then, better you all guys on the sideline jump in REVERSAL COMIN
Sorry You are right Emilia
So don't buy. You will buy it when the chart will become bullish and the company is positive revenue and earning. Just wait few months, you will be HAPPY TO BUY ABOVE 2-3$ for 1-200% gain to sell above 5$
Good luck!
"OWCP Psoriasis Cream" Who cares official name, as soon as efficacy results prove it is working.
TESA will manufacture the cream, MEDIQ will sell it in Germany.
We are waiting Safety trials completed(Q3 2017 is July-September) and we start selling
OWCP LONG AND STRONG
Only you opinion: if 70M shares are sold as T trade we will know very soon, For the moment is only speculation;
It is much more profitable for Johan to increase company value to 100M$ instead of gaining some penny(6M$ for a Billionaire are penny) by selling shares
Again, why a Billionaire would make all this plan to recoup 6M$?
If you own thousands of Millions?
I would rather check the financial (which are good and are improving) and try to bring back TMPS to its IPO valuation and take 70-80M$ from company sale! Especially if my CFO pot is expert in doing so
TMPS $$$$
Ok Mario maybe when we start sales you will be more confident to buy OWCP; looks like you adversion to take risks will not allow you to buy a speculative ticket like OWCP before cream is released.
No problem!!
Goood news is OWCP WILL BE S GOOD BUY ALSO AT 3$ AFTER ANNOUNCEMENT AND SALES STARTS! OWCP 3-10$ AFTER SALES
On the daily chart we are only 2 penny below the 200MA trading at 0.57$ but Stock is very strong with support in this zone. So we will keep tracking the 200MA at 0.59$ until we see a BREAKOUT above 200MA and then the 50MA directly to the 0.70-1.0 range
GONNA RUN BACK TO 60s TOWARD middle BB
GUYS GREAT BUYING OPPORTUNITY RIGJT NOW 0.57-0.58
STRONG BUY GONNA JUMP BACK ABOVE 200MA 0.595 BEFORE EOD
Thank you I don't need I believe in Fundamental and along Term;
I just post informative chart analysis for traders that show the REAL STRONG SUPPORT IN 50 AREA
You just look at historical chart and will see amazing support around 0,50$ psychological support level is just below Lower Bolly and holding very strong.
Mario is dreaming .40s to load since now 3 months but WILL NOT HAPPEN
You should buy 0.54-0.57 above Lower Bolly if you want to get filled!
Didn't you do a lesson learned after waiting 0.14 in TMP*S, when we were sitting at 0.25?
Very bad choice
Not agree! As soon as we approach Lower Bolly at 0.54$ we jump back up,
Next run we break 50 MA
It will no last long, chartwise the situation is READY TO MOVE:
DAILY CHART ANALYSIS FOR LONG TERM INVESTORS:
200 MA : 0.59$ value matches approximately the Middle BB : 0.62$
50 MA : 0.68$ Resistance
Lower BB: 0.55$ Support
ALL INDICATORS APPROACHING TOGETHER AND TIGHTENING CLOSE TO 200MA MEANS STOCK IS GOING TO MOVE ==>
LONG INVESTORS KNOW WELL THAT FUNDAMENTALS ON CREAM
WILL MOVE US NORTH
LONG AND STRONG
Yes !
This really help to understand, YOU SOLD AND YOU WANT TO RENTER!
Selling a low float like TMPS to flip penny's?Baaaaaaaaaaad Choice
See you in DOLLARLAND
LOL you are the only one who didn't get it, HE WAS SAYING 0.8$ not 0.08$,
You are wrong my of a factor 10
It is very relevant and indicates the direction this stock will move
TMPS $$$
BECAUSE
Is not a Scam,
Company is real
Revenue is coming
We got a breakthrough product in medicine ready
Still dreaming..
This stock is undervalued and will always found another line of support 0.60 0.58 0.54 0.50 and so on
We are going to 1-2$ then 3-5$
Those are next
Updated Outstanding Shares can be seen in otcmarkets.com under Company Profile bottom right of the page. You can compare the number with 10K Annual Report where you find the values at 31 Dec.
Increase is from 139.7 to 146 M The difference is around 6Millions therefore less than 5% it is really a small amount and needed to cover expenses.
OWCP great risk reward at 0.60
Less than 5% Increase in OS from 139M to 146M in 2017 means
SIMPLY NEGLIGIBLE DILUTION
FEW MILLIONS SHARES ADDED IN 6 MONTHS? THAT's GOOD!
THIS IS NEGLIGIBLE DILUTION COMPARE TO ANY OTHER OTC STOCK, just check;
ONLY 1Million Shares diluted per month to cover expenses, MEANS HOW SMART IS MANAGEMENT IN KEEPING COST LOW AND PREVENT DILUTION: conclusion is company is extremely undervalued and slides down with low volume, BUT
Management doesn't sell more shares in High Volume days , SO
Next Reversal in Volume and Uptrend with News,
OWCP Destiny is to skyrocket
AS IN THE PAST
Because of all this I am confident we move to NEW HIGHS
CREAM IS COMING!!!
MANAGEMENT IS PROTECTING SHAREHOLDERS FROM DILUTION and WAITING BOG EXCHANGE LISTING
Adding some more here on support
Exactly !!!
ACCORDING TO Annual Report and Otcmarkets.com:
-Shares Structure didn't change only few million shares added in OS ( less than 5% of the float in 6Months!!)
-OS almost constant since 52w High of February 3.23$: this means WE ARE UNDERVALUED, READY TO POP WITH Increase in Sentiment and Volume!
-Market is only expecting Product To Market TO BRING OWCP BACK TO HIS REAL VALUATION (Market Cap of 1B$ 7$ pps);
-Chartwise, OWCP Chart has BOTTOMED, which means the risk is limited to a 10-20% loss while the reward could be as high as 1000% to reach Billon Dollar Market Cap;
-Clearly chart indicates and shows that OWCP can move in few days to 3-5$ range especially considering that CREAM RELEASE IS EXPECTED this quarter
OWCP $$$$$
NO DILUTION
OWCP O. Shares are 139M
in 31 Dec 2016
OWCP O. Shares are146M
In 5 July
GUYS DONT GET FOOLED !!!
Someone misleads investor with lack of knowledge: we call dilution in penny stock when there is a major increase in OS: for example 100M OS COULD DOUBLE OR TRIPLE DEPENDING ON THE AS;
Not OWCP