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.
It is from Monday to Wednesday. Company presentations will be held in London on Monday and in Monaco on Wednesday!
It looks like you're increasing your expectations on the PPS but you're still at way below where this can go, lol
That is exactly correct. RSI at close of Feb 17 was over 70 and it is only 51 now.
Plenty of room for this to run in the coming days!
Beautiful chart is bringing volume!
People realize they can double, triple or even quadruple their investment here quite fast!!!
MACD crossed and commodity channel index turned positive after 32 days!!!
All signs indicate a huge run!!!
Friday, Feb 17 was just like today. OWCP opened at 0.67 closed at 0.915 as the MACD crossed before the weekend. The chart looked exactly the same.
Guess what happened on Monday and Tuesday? It hit over $3 with the blink of an eye beating several 52 week high one after an other.
So, he who thinks this next run will be short lived, is so wrong IMO. I say this mainly because of the chart. I truly believe that volume flow here today and mostly next week to drive OWCP to new 52-week highs. GTYA!
and GO OWCP!!!
OWCP is one of the most popular searches on stockcharts.com!!!
There is clearly lots of chartist spotlight on it right now!
Chart is screaming for a breakout and it will bring lots of volume today and definitely more next week!
OWCP!
Wrong! They have well over a million cash in hand to work with. If your claim is based on 10k ending December 31st, you missed a lot :)
You're so wrong! I would suggest to talk to someone who can analyze charts.
Or simply go back and look at the last time MACD crossed. This can run from where it is now to over $3-4 within a few days like it did before.
Trust me you won't understand where the volume comes from once the chart indicates a breakout. This could've happened today if we closed above .98 but no worries, it is happening tomorrow :)
Look at those fake walls at .97 and .98. MMs are so desperate to hold this where it is but a little bit of buying power will drive this to the HOD!
OWCP's current market cap at 135 million is a joke considering the $670 million MC of a comparable MMJ company whose only product is a chewing gum.
Time to wake up from the lunch time nap and run up to a new HOD! Shall we?
Go OWCP!
I can't wait for the afternoon action. Hate to make price predictions but it seems like we will run much higher and close over a $1 today.
This means an MACD cross at the end of the day which will get a lot of attention by tomorrow morning.
We should all sit back, relax, and enjoy the ride to new 52-week highs after that :)
Go OWCP!
Nice try! Lol.
What do you expect from a pre revenue R&D stage biopharma company? Positive cash flow?
This is totally normal and so is increasing losses. When the company has the product out that net loss turns into a net gain within a month or two. No big deal!
You're missing the fact that OWCP has ZERO convertible debt and over $1.5 million cash in hand as we speak.
Here it is!!! Pushing hard on $1
Yeah right! LOL
Just added 70k to my stash. This is ready to explode!!!
MACD lines are kissing on the daily!
It is just a matter of time OWCP skyrockets with huge volume.
What excites me the most about this conference is that OWCP learned its lesson in Boca Raton.
Ziv's departure was a sign of this and we are moving in the right direction!
Go OWCP!
If MACD crosses today, Friday will be crazy but Monday will be phenomenal!
Go OWCP!
Let's close at HOD, shall we?
Go OWCP!
Isn't it interesting how certain posters show up immediately after exciting news to bash this baby? LOL
This patent crap got too old and it was proven wrong over and over! Plus no one cares.
Let it go and enjoy the ride iBlow!
Alon Sinai is the right appointment for the time being. And this is why he is the INTERIM CEO.
As OWCP gets closer to commercializing products, they need to find a CEO who is experienced in closing deals on big pharmaceutical sales. An ex-TEVA executive would be a perfect candidate IMO.
Joke of the day cracks me up! Lol
Huge buying support lined up in the 80s!
We may see a breakout this afternoon if we break 90 cents.
Go OWCP!
One has to be nuts to sell at this point! Have you seen the MACD on the daily chart?
It is a matter of one nice green day and MACD will cross. At that moment who gives a $hit about the patents, cream, 10k, Ziv, Monaco conference, or anything else?!?
Chartist will buy like crazy and OWCP will run $2-$3 and most probably beyond.
Go OWCP!
If you are talking about the 5000+ OTC Pink companies, you may have a point.
But OWCP is one of the select 900+ OTC QB companies. In fact it is the one that is consistently on top of the QB on daily $ volume. So it is getting a lot of attention and lost of money flows into this ticker!
OWCP is not one of those pinky stocks that you may be used to, lol!
It is running because it went down for no reason :)
Once the PPS beats 50 DMA and MACD crosses, which seems to be happening later today or tomorrow, there is no way of holding this anymore.
I see new 52 week highs upon us!
Go OWCP!!!
OWCP is worth at least $2 - $3 pre revenue.
Once the products are commercialized by Q3 this can go anywhere including leaving GWPH behind in MC.
Go OWCP!
Absolutely! I expect OWCP to land back over a dollar later today or tomorrow!
Nothing has changed since OWCP broke $3.
This is still a multi dollar stock and it will pretty soon get back to where it needs to be.
Impatient investors panicked and MMs took advantage of this. Now it's correction time!
Thank you for your research and article on this matter!
I tried to explain how parenting process works many times on this board but your article explains it all with proof and clarity.
I suggest your article should be stickied to address any concerns OWCP investors may have regarding the patents!
You think so? Ask this question to the longs who held millions of shares when this dropped from 0.21 to 0.08, LOL. They have made tons of money just by knowing what they own.
Total manipulation. They are taking advantage of impatient panicking investors and stealing their shares.
They don't care how much they drive the PPS down because they know what this is actually worth.
L2 is so thin to pass $1!!!
Looks like MMs will finally let this fly!
I expect the PPS to go back up to where it needs to be this week. The main driver is the 10k which will reassure investor confidence in psoriasis cream commercialization plan.
At that point the chart should turn around to point out next huge spike. OWCP is now like a squeezed spring to pop! RSI is way lover than what it has been since November and MACD should cross with a couple days of green close to bring loads buyers who purely invest based on the chart indicators!
Go OWCP!
OWCP is way oversold where it is at the moment. RSI on the daily has never been this low since November.
This pattern is nothing new. We've seen this over and over. Chart is about to turn around and we will witness the next big run of OWCP. I also don't think we need news or the 10k to ignite the run. Te anticipation of these are enough to turn the chart around early this week.
Once MACD crosses, chartists' money will flow in here. I'm not making any price predictions but my feeling is that we will see new 52-week highs either this week or the next.
Very good unbiased article. Thanks for sharing!