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.
OWCP BLOG UPDATE:
http://ownthefloat.com/index.php/2017/05/01/owcp-what-to-likely-expect-in-may-2017/
Esplosive May for OWCP $$$$
Fact is 70% efficacy in curing with respect or placebo according to PR, and yes NEWS will come with fully released scientific results, of course you can sell and buy above 2$ when news is out!
Of course!! Don't you believe in their product? Psoriasis cream with THC is a proven success and a breakthrough in medicine.
Smart investors got this!!
I agree. I am confident and patient enough, accumulated already my position and not risking any flip.
L2 soooo thin!
Selling volume in the 0.80 dried !!
News on Efficacy any day
Chart ready to continue reverse in Bullish territory to 2$
LONG OWCP
Is so evident from the hour chart the HIGHER AERIES OF LOWS
Mid 50s
Mid 70s
Mid 80s today
I am sure smart boys bought down here all the 80s
OWCP
Amazing Stock ENDV is just going where it belongs!!!!
ENDV BREAKOUT MODE
Same story here,
There are the guys happy to flip the beer money and excited to be right about few cent down trend on low volume, those are the short term happyness guys
THEN HERE WE ARE LONG Sitting on a GOLD MINE and WAITING for NEXT SINGLE DAY MULTI$$$$ move once CREAM NEWS ARE OUT
OWCP LONG AND STRONG EOY $$$ SUCCESS GUARANTEED
NExt level of support were you will buy YOU GREEEEED is o.oooo1
LLLOOOL
Big balls to hold
Big money guaranteed
OWCP goes down few cents a day for two weeks on low volume, then
UP HALF TO ONE DOLLAR IN ONE DAY AND REVERSE BRUTALLY TO BULLISH !!!
It did several time, it will do again.
OWCP LONG AND STRONG
Zero no dilution. People with no patient they hope to buy lower thanks to volatility, if PR comes they are out of the game
1-2 weeks!!! So all the short and sideline flip boys are left out!!!!!
OWCP long and strong
Amazing news to be added to the list !!
OWCP
product launch imminent Q2-Q3 OWCP MULTIDOLLARS coming
If you guy check the past post, or if simply you would have followed this reccomandation in November of "Buy all you can below 0.5$ this is going to dollars", when we were still at 0.1$.......
you would realize ML guy is aware of some development for real. Of course stock day trading and flactuations cannot be predicted, so he couldn't know this was going to retrace from 3$ to 1$, but HE DOES KNOW OWCP IS IN SOMETHING BIG WORTH MANY $$$ per share
Thank you Gary for the clarification, hopefully an update on safety trial in upcoming weeks.
It is called intraday volatility, nothing to do with OWCP Bright Future.
Good luck with flipping some penny
Very bad strategy in my opinion you forgot the following points:
1) Chartwise: This stock tested the subdollar area on High Volume, this is not tipically something happening every week. The market reacted at 0.50$ and the Market decided this is not a Subdollar company anymore.
2) Fundamental: The fact that full scientific datas on Efficacy Result on Psoriasis Cream are expected to be released April-May, may give you hte hint that selling this stock in End of April is not a good plan if you want to re-enter.
Really? Try to be a long term holder then!
OWCP LONG AND STRONG
Wrong.
Retracement of 50% or more after 2,000-10,000% HUGE OWCP 6 months gain is to be expected and not related to conference outcome
Right, Chart look very bullish and U finally accumulated a decent position in 0.04 area!
ENDV bouncing back above 0.05$ support nicely again and will not be long before a PR with a Status Update from the company on the clinical study will move as back testing again 0.14$ area resistance !!
ENDV LONG 2017
I was holding 2 Millions from 0.009 and sold 1.5Mshares at 0.016average.
My main concern holding 2M shares position on BIEI was the poor liquidity of daily volume together with the low volume decline since when we didn't hold above 0.02.
I still long 500k and plan to hold long term
From now where like all is oracle useless post.
By the way the product release according to company is in 4 months
Wrong!
I cannot count how many times your statement were wrong on OWCP
This stock decreased because of the huge gain it did in short time thanks to amazing news.
Pay attention that OWCP moving average are increasing,
Stock is in a long term rise and more important OWCP IS HOLDING THE MAJORITY OF ITS GAIN.
This is in contrast with the definition of Pump and Dump.
In addition the great news we expect from the company will not justify your supposed "dump"
This stock is not a Pump and a Dump however is Volatile,
Therefore yes if we. I've in a short time to let's say 5$ or 10$ then yes you can expect a retrace in 3$ to 5$
According to your explanation of how this moves on the sideline in 0.94 area this was not supposed to be above a dollar and you suggest not to buy and wait 0.82.
Therefore I believe now this is going above 1.34 previous last week high and I will keep it above 1.10 despite your suggestion.
Amazing I would never imagine GIGL went back almost to where I sold 0.085$ couple of months ago!
Look like I can buy my shares at pennys, I am sure once settled a minimum GIGL will run up again
GIGL on watchlist
Excellent DD!
Thanks for the scientific approach and deep investigation!
Member Mark for you!
Considering to open a long term position in IMGN chart look good and potential good reverse happening
You forget the High Volume and nice trades of buy at End of Day that push us to HOD
Yes pre-revenue is risky, how would you expect otherwise to make 500-1000% gain ?
You can wait and buy at 4$ when revenue is in and we are ready to NASDAQ, there will be less risk and a good 50-100% gain still possible
Do your DD best way to mitigate risks
OWCP STRONG BUY
The volatility in OWCP has always been huge, and many people got burned and now are upset,this is understandable. To answer to your question the reason is because this stock made up to 20,000% gain and left in a single day in January the penny area to go above 2$.
It came too fast and the retracement, considering the enormous gain did, was also huge.
The huge retracement caused the doubts at 1$ critical support and finally it broke and went down to the 0.50$ support area again.
Then big Huge Buys came in, in addition the company is still there doing great things, so the way up is much thinner and OWCP can finally follow the Big Board Steady uptrend to MULTIDOLLARS
Welcome back ALL-IN don't get fooled by MM games the volatility is huge here but 50 and 200 Moving Average shows were we are going
Efficacy Results on Topical Psoriasis Cream expected to be completed in April
Here is why:
According to the study described in the Patent WO2016/103254 " Use of Cannabis to Treat Psoriasis" the duration of Efficacy Study is:
1)Screening phase up to 3 weeks;
2)Treatment phase 16 weeks;
3)Follow up phase 4 weeks;
Since it has been stated in last year press release that the Efficacy Test started in November and in the February 8k was clarified the excellent results at the Mid Point of the study, assuming a 16 weeks treatment phase study was at its half on 1st February, then I would count from 1st February another 8 weeks of treatment plus 4 weeks of Follow up.
Which means that the Study is to be completed this or next week
This is all confirmed in 27th February PR:
" OWCP today announced it has received Institutional Review Board (IRB) approval to conduct safety testing on its proprietary topical crème compound for the treatment of psoriasis and related skin conditions. The approval follows the Company's February 1, 2017 8K filing announcing an extension to the size and scope of its efficacy study on the same compound, which began in November 2106."
And again in March 21 PR:
"In October 2016, OWC announced that it was in the final phase of pre-clinical efficacy testing for its topical psoriasis cream and also announced a parallel test to assess the efficacy of the formulation in treating psoriasis in human skin tissue. "
Safety Study on Topical Psoriasis Cream
On the other hand before commercialization we still miss the last step which is the Safety Study following IRB Approval which is different from the efficacy study ongoing.
From 21st March PR:
"We are very pleased to say that OWC is expecting the topical cream product readiness during 2017 Q2 (then corrected to beginning of Q3) and, subject to positive completion of our safety IRB approved study and obtaining regulatory approvals from applicable jurisdictions, we should be able to offer our topical cream to those who suffer from psoriasis in the near term."
According to annual report this Safety Study is supposed to start in April and it will last 12-16 weeks, which means it is to be completed within July: this confirm OWCP plan to commercialize the Topical Cream this Summer 2017 in US MMJ States and Euroe (according to MMJ legislation) thanks to the agreemnt respectively with MEdMar and MichePro.
And no not forget that IRB Approval for the Cream is valid beyond the Psoriasis:
"OWC's scientific team to submit an operating plan within 60 to 90 days to conduct double-blind efficacy tests of our cannabinoid-based topical cream on other skin disorders and conditions."
therefore to be completed in Q2, we should also expect a PR describing a a new study for application of the cream for other diseases
In addtion OWCP Will most likely apply for an IRB approval for Multiple Myeloma in this Q2 quarter to have a clinical trial in Q3.
Good analysis on current situation for ENDV!
Patiently wait the clinical trial hopefully an update April-May will let this fly to forever out of penny area
ENDV LONG
Thank you! I tried to summarize the planning of both Efficacy and Safety studies on Psoriasis Topical Cream!
ENDV looking good, reversing above 0.045 support area
LONG AND STRONG
You forget:
-> Marketing costs;
-> IP Costs;
-> Medical cost to pay Hospitals and Trials ( Not going under R&D);
2M$ is a reasonable overall cost and it is not admin.
Sorry you didnt' convice me
OWCP PLANNING FOR CANNABIS PSORIASIS CREAM READINESS TO MARKET
Efficacy Results on Topical Psoriasis Cream expected to be completed in April
Here is why:
According to the study described in the Patent WO2016/103254 " Use of Cannabis to Treat Psoriasis" the duration of Efficacy Study is:
1)Screening phase up to 3 weeks;
2)Treatment phase 16 weeks;
3)Follow up phase 4 weeks;
Since it has been stated in last year press release that the Efficacy Test started in November and in the February 8k was clarified the excellent results at the Mid Point of the study, assuming a 16 weeks treatment phase study was at its half on 1st February, then I would count from 1st February another 8 weeks of treatment plus 4 weeks of Follow up.
Which means that the Study is to be completed this or next week
This is all confirmed in 27th February PR:
" OWCP today announced it has received Institutional Review Board (IRB) approval to conduct safety testing on its proprietary topical crème compound for the treatment of psoriasis and related skin conditions. The approval follows the Company's February 1, 2017 8K filing announcing an extension to the size and scope of its efficacy study on the same compound, which began in November 2106."
And again in March 21 PR:
"In October 2016, OWC announced that it was in the final phase of pre-clinical efficacy testing for its topical psoriasis cream and also announced a parallel test to assess the efficacy of the formulation in treating psoriasis in human skin tissue. "
Safety Study on Topical Psoriasis Cream
On the other hand before commercialization we still miss the last step which is the Safety Study following IRB Approval which is different from the efficacy study ongoing.
From 21st March PR:
"We are very pleased to say that OWC is expecting the topical cream product readiness during 2017 Q2 (then corrected to beginning of Q3) and, subject to positive completion of our safety IRB approved study and obtaining regulatory approvals from applicable jurisdictions, we should be able to offer our topical cream to those who suffer from psoriasis in the near term."
According to annual report this Safety Study is supposed to start in April and it will last 12-16 weeks, which means it is to be completed within July: this confirm OWCP plan to commercialize the Topical Cream this Summer 2017 in US MMJ States and Europ[color=red][/color] (according to MMJ legislation) thanks to the agreemnt respectively with MEdMar and MichePro.
And no not forget that IRB Approval for the Cream is valid beyond the Psoriasis:
"OWC's scientific team to submit an operating plan within 60 to 90 days to conduct double-blind efficacy tests of our cannabinoid-based topical cream on other skin disorders and conditions."
therefore to be completed in Q2, we should also expect a PR describing a a new study for application of the cream for other diseases
In addtion OWCP Will most likely apply for an IRB approval for Multiple Myeloma in this Q2 quarter to have a clinical trial in Q3.
WRONG! Positive News from the company on Efficacy results will prove all your theories to be very wrong