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Yeah, hoping for those Efficacy Test results next week. That'll shake things up.
Though, so people don't freak out if they aren't released next week... There are two more days in January AFTER next week.
Yeah, I think we SHOULD slowly and steadily increase towards $500M around the launch of the Psoriasis cream -- that's around $3.57 per share. (I've stated many times why $500M+ for that product)
Once sales are proven and future development of the other products is news... Should definitely climb towards the $1B area. But, I think we'll need proof of revenue and success of product to get there. That'll be around $7.14 per share. That's why I've felt a Year High of $10/share if we keep getting developments. DEFINITELY CAN GO BEYOND THAT THOUGH! It all depends on the list of accomplishments OWCP has by the end of 2017. Many, many possibilities beyond $1B Market Cap within 2017.
I have no doubt we'll have those things, but I wanted to be clear the Market Value doesn't just keep going up to $10B "just because" in a real, sustainable value. :)
Sadly, some of my fellow Longs here will castrate me for suggesting OWCP will only rise ~3,866% by End of Year. But, I'm NOT saying we cannot exceed that... I'm just a Conservative guy. :)
(We started the year around $0.18, remember)
Nice... 100% gains for people who bought 0.0011 last week or whatever. :)
Hope Bernard gives you guys a nice surprise soon and you start to test 0.005+ again!
Yes, sir. We've seen great recovery days after big dips before.
My average under Scottrade is $0.07...
My average under my E*TRADE is now $0.545...
Hahaha. Shows I'm not pumping because I want to dump when I invest half as much as my original investment at a significantly higher PPS.
OWCP is going places... The coming months will be huge. Yes, we'll likely see Pull Back days ahead too. But, it's a Big Picture thing...
If I hadn't tried for $0.48 right away, I could have had $0.50... But, had to get ready for day job and didn't want to risk paying more... Got more at $0.545.
As a man of my word.. I put my money where my mouth is and bought 8,550 more at $0.545...
Sit back, relax, and wait for Dollars.
Sweet! Good job.
I'm always a day late. Haha.
I use it on occasion, just don't like having to zoom in and out and then clicking on links sometimes wants to zoom for me to have to click again.
The app is decent for posting and reading.
Except it's not easy to Edit from the mobile app. From the web, sure.
Long and Strong here too. My posts and opinion won't change because I've been real this whole time.
The company has to do bad or their products have to fail clinical trials for my to change my tune.
Well, sure, I'm with you on that.. I'm not selling. I see the big, longer term picture.
I asked his opinion on How Low because in theory I'll have $4700 more available... I'd prefer to pay less per share.
Official "on the record" prediction as to how low this will go tomorrow?
While that might be possible, it's the long-term that the lungs, like myself, are focused on.
I'm quite confident we'll be back up past $0.80 if not a Dollar by early to mid February. Sooner if the news drops before then, of course.
I don't like to post unrealistic expectations, however.
Thanks, Clay!
I know you're misunderstood to some, but you just try and provide some chart education for people. You're not a basher or a "pumper" -- you're a charts expert.
Teva, Merck, or any other Big Pharma buying OWCP out is just the "Instant Lottery"...
But, OWCP doing clinical trials, getting IRB approval, proceeding to get product to market that's certified by Israel Health, and then developing more and more Cannabis Medicine Delivery systems (since, "smoking weed" isn't the same and wouldn't effect everybody the exact same way)...
Yeah, we'll absolutely see SEVERAL DOLLARS just with natural, organic growth from within.
Hoping for an $AXIM-like scenario myself. :)
Yes, last week was proof of that.
When we did pull back from $0.20 to $0.08... We ran pretty damn hard after that.
http://www.nasdaq.com/symbol/owcp/historical
December 20th - 27th, it nearly doubled.
January 5th - 10th, it nearly doubled again.
January 9th - 13th, more than doubled.
Then, opening price on 13th to close on 17th was nearly double again.
OWCP Longs: As much as we all dislike Red days... You're here for the longer term, BIG PICTURE.
Many, many updates to come in the next month or two.
EXPECT FUTURE PULL BACK DAYS TOO! This isn't the last time we'll go up and back down.
Again, look at $AXIM's chart for the last 3 months. They still managed to go from $0.40 to nearly $20.00 in 3 months. Many pull backs in between!
Not looking like I'll be able to buy under $0.50 tomorrow after all. Granted, with my luck, my funds won't actually be available until Monday officially since they said "1 - 2 business days" from Wednesday afternoon.
But, not long after I posted the above... We start dipping again. So, maybe.
We'll see. Haha.
Well, don't get people's hopes up with the assurance it's tomorrow. End of January is the exact wording for efficacy test results.
That could come January 31st or even February 1st. Who knows.
Unless you're talking about something else?
Very possible.
Many 'big boys' won't touch stuff under $1. Some won't touch stuff under $2.
This is definitely heading there in due time and I've been screenshotting 'naysayers' posts on Twitter and iHub -- just in case I want to "gloat" later. Though, I'm probably a bit too mature to stoop to that level. :)
Still, it'll be fun to look back at the naysayers posts by mid-2017.
Just hope we keep following the path of AXIM:
OWCP should stabilize in this range for a few days, maybe even a week. That's what it did after the last BIG run. Things will correct itself before the next big run.
The efficacy test results due by end of January. That should reverse things.
Still hoping I can buy my $4,700 worth tomorrow at $0.50 or so. Double my money within 2 weeks or so, but still not sell... Because as I've been saying since October/November... I'm here for what the PPM should do after Q2's product launch and beyond.
GWPH and AXIM... We're lookin' do catch up and surpass you.
You'll be fine soon enough, IMO. But, yeah, always sucks to pay more than the current PPS.
The last time I bought was at $0.19 and not longer after we dropped to as low as $0.08.
But, I brushed it off and what do you know... We ran hard. We WILL run again soon.
Well, maybe in that post I did -- but I've mentioned it a few other times this morning alone. :)
But, yeah, messages get lost quickly on here. Haha.
P.S. I guess your article just says to Wait for the Pull Back "if you want to step in"
That's fair advice.
I see many of the Longs here talking about a pull back / consolidation, but the opinion remains the same -- it WILL go higher and higher again.
Nobody is really "misleading" when we say that.
If anybody could tell me ONE reason why OWCP wouldn't be in Dollar land by even March, if you want to be conservative.
Real medicine with proven results within the largest hospital in Israel? That's NOT going to move the price upward?
No, I don't do much with E*TRADE and the funds I'm referring to specifically are from a stock I had within a Roth IRA at Edward Jones. Since EJ wouldn't let me buy a stock under $2.00, I transferred that particular stock out of my Roth IRA with them and moved it to E*TRADE.
Yesterday I got the alert from E*TRADE that said, "Success! Your account transfer request has been completed. Please allow 1-2 business days for the assets to post to your account."
E*TRADE did inform me they can't expedite it in any way. :(
Well, I'll keep an eye on those other tickers -- but still doesn't change what's going on with this company and how it'll be valued FAR MORE in the coming weeks and/or months.
This beautiful dip has me calling E*TRADE right now about expediting my Funds availability. Lord knows I won't be so lucky as to get $0.56's tomorrow.
COME ON, E*TRADE! DO ME A SOLID!
I, politely, disagree. This isn't or wasn't a Pink Sheets pump. This is a real company with real goals of getting Cannabis medicine to the masses.
Yeah, I'll still buy at $0.90 or whatever... I'm fine either way. Hehe.
I'm being selfish when I say... I hope we don't hear about Efficacy Test Results until after my funds clear at E*TRADE... Possibly tomorrow. Haha.
I'd love more shares around $0.60... The lower the better. :)
Anybody who can read and understand the easy to follow DD knows this stock won't be under $1 by February... Depending on those results and other factors.
Hahahaha. Oh, you.
I'll screenshot that and post it in a few weeks so we can all get a chuckle.
Many times back in November and December I had some "Traders" telling me I missed the boat... Telling me OWCP is a Penny Stock to flip, not hold.
Then my $8,800 turned into $40,000.
Then, it turned into $90,000.
I think I'll keep my confidence as OWCP continues to prove THEM wrong. It will keep going up over all, but Red days are to be expected with ANY stock.
I still snicker when people sell promising stocks like OWCP because of the chart or the "momo".
Your chart has NO IDEA when the News drops -- that's sure to reverse the "momo" that leads you to think it's time to Sell.
But, seriously... I'll have $4,700 available tomorrow. Keep dropping. It'll only increase my gains in the long haul.
No chart pattern or "momo" is going to keep OWCP from multi-Dollar land when the updates and products start rollin' out.
Let's not forget this from the Annual Letter:
The Company’s longer-term objectives include the commencement of clinical trials using its proprietary sublingual tablet as the basis for cannabinoid-based drug trials for multiple myeloma, Post-Traumatic Stress Disorder (PTSD), and fibromyalgia.
2017 is going to be a year of gaaaaains!
#Truth
There are many reasons people who like money/profit would NOT wanting to be selling at these levels -- unless they're RIDICULOUSLY confident they can buy again LOWER before News drops.
Gotta risk it for the biscuit, they say. Not me. I'll be content with holding and not flipping, as it allows me to pay Capital Gains if I manage to hold until November 2017. ;)
I really expect there to be more product developments by November too -- that's why I can see holding that long (if not longer).
Everyone remember the dip we had from ~$0.19 to ~$0.10?
Not only did OWCP survive that "horrible dumping"... We surrrrged to $0.95.
So, if we do have another "terrible red day" (Down 1.41% yesterday, whoopie)... So be it.
Smart people know about the Efficacy Test Results coming by end of month. Then the Wall Street Conference in March with many big players attending.
Yes, they do know that.. But, some are stubborn and won't immediately jump on board unless recommended by their Doctor. Just my opinion.