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Yep, me for one. I'm sure there are longs who just read and never post too.
Not worried by this week, long term fundamentals of this stock have not changed one iota. Look back at this week in a couple of months and you'll see a tiny dip in a line that has left these prices way behind.
Been patiently waiting for a nice dip to add some more
Isn't that the point? They've been developing the cream and pill for years (this is how long it takes for any drug by the way), now they've received IRB approval. This is what happens with new drugs.
I'm sorry but if you think an 8k containing IRB approval is pumping then you either shouldn't be investing in OTC stocks or you have an alternative agenda. A brand new account today with only 3 posts, all questioning OWCP, looks like the latter.
This company has done absolutely everything right, even down to protecting shareholder value by avoiding toxic financing.
Low short interest yesterday. MM's don't want to risk leaving themselves exposed:
OWCP 1 month short interest table
GIGL is the Inception stock.
GIGL within GIGL within GIGL
Before you know it, all tickers are GIGL!
Great post. Yes the conference is good and all, but it's just a piece of the puzzle. I hope it brings in new and deeper pockets, but in the long run, it's pretty inconsequential as this stock has so many additional catalysts.
If you're trading long, ignore the undulations which all stocks experience and you'll be rewarded in 3, 6 and 12 months when you look in the ear view mirror. Don't let tomorrow, good or bad, influence your long term position.
OWCP long since October and will be for the foreseeable future.
Good luck all.
Exactly this. They could really get caught out here as even though they've picked up the stop/loss orders below .15, they're clearly not shaking enough to cover those short positions. Longs are not moving and it would appear there is strong retail action at around .13
An 8k now with the right news would be a GIGL for us longs as the MM's head's explode.
MM's are trying to soak up shares. They're not stupid but they're finding it tough as too many longs are prepared to eat up anything near .13
Damn you, John. You beat me out of those shares.
I guess, since I wouldn't be in this stock without your DD I'll let is slide this time! ;)
Feeding frenzy on any dips here. Weak hands can pass all the shares they like to the longs. They won't get them back to flip.
I thought the same too, how many times do they take this down deep during the first hour only for a for a huge recovery into green later in the day. We must have seen this same pattern play out 20 times since December alone.
Hey Feller, fellow OW*P cohort! Didn't know you were in this one.
Yep, looking really good here now, should be worth the wait.
Give it time, another week like we've just had and this board will be full of the to the moon/going to zero clowns...
Patience my young Jedi. You're in for a turbulent trading experience if you're perturbed on double digit green days.
Added another 100k here today. Don't love averaging up but when you know the trajectory of this, it's a no brainer.
The real FACTS.
Good post, see through the chaff and read the actual facts like these.
This company is rock solid.
This post should be a sticky. Why?
Because it actually has the correct information in it...
Great DD as always, Times2. Thanks for posting.
Wow, you're really going to pitch PE as a valid metric for evaluating a company in its early development stage?
Go and take a look at the most well know online retailer's PE at a similar growth stage.
PE is one of the worst metrics for evaluating early stage companies, but of course, you know that already...
Welcome jack. OWCP is so much lie than cb**. I'm sure you've read the available DD but we have so much more in our arsenal here. Sure it will dip at times, every stock does, but don't expect to stay down for long. Dig deep into the past charts. Whenever it dips or stays low for a few days it comes back stronger. Immense buying pressure on this now with the IRB approval, etf and conference coming up. Good luck to you.
Good for you, rogerman. That could well turn out to be the best $350 you ever spent. Hope you make a killing on it.
Need to change your broker Arnie, I wouldn't put up with that rubbish. Your money, you should be able to do what you want with it. I'm on TD and have never had an issue...and I've bought some real s**t in my time :)
Boom, what a day. Float so tight, trying to add most of the day and shares are hard to come by
Never in the history of ihub has a comment been so wrong, so quickly :)
It's funny to watch the morning dip and recovery at these prices. Same thing was happening 2-3 times a week at pennies and all the way up. I guess it must work and shake some people out of shares or they wouldn't do it, but it really is so predictable.
Don't even think of posting on this board...
...unless you have read this DD.
People like JK making it easy for the rest of us. Read the facts, it's all in this post for you, make your investment decision.
Exactly, well said. It's been said so many times but needs repeating. OWCP is a legit company which, in time, will reward all stockholders. Don't get too emotionally involved with short term swings, it will cost you your shares.
what we saw there was MM's getting the best prices they could for the big boys. That how they keep them sweet and get more buy orders in the future.
what we saw there was MM's getting the best prices they could for the big boys. That how they keep them sweet and get more buy orders in the future.
Oh you managed to time it perfectly and short at the zenith? Sure, sure, I bet you did. Did you buy it at 0.003 too?
I don't know how many times JK has hammered home the DD on this board.
You can lead a horse to water, but...
For new OWCP holders.
Take a look at this previous post. It relates well to a roller coaster day like today:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=128839819
Yep, all the DD for this one is easily attained. People need to spend 15 minutes reading the info that others have already dug up for them. I've personally interacted with the CEO regarding their franchise opportunities and he's incredibly responsive.
We're on the OTC here, if you're looking for 100% guaranteed money makers, you're in the wrong place; but for my money, it doesn't really get any better than this one.
Another strong day. Building nicely here.
Over $25,000,000 traded in OWCP so far today. This stock has gone way outside the realms of ihub.
We are just peons in the game now and that's a good thing as we ride the coattails of the real money. Looking forward to the ride, hold on tight everyone.
Yep, broken all of my investing rules on this one! ;o)
Get digging under the couch cushions! Pennies will be dollars here long term.
Twice today someone has been kind enough to donate cheap shares to my GIGL fund. Whomever you are, thanks!
Lovely cheap bonus shares added here today.
Lovely cheap bonus shares added here today.
No, it's not that it's not been approved. I realize hey have no control over that. They do have control over how they interact with shareholders about when they feel that will occur. You've been here a long time, too. You know they were implying approval was imminent. Then they did paid PR's. not a good idea. Everyone gets worked up, stocks jumps to 60c. Then they dilute into a good price. It's just not been handled well and stock price, whether we like it or not, is related to supply and demand. People think the price is going to the moon, it doesn't happen, they drift away and demand slowing drops. That's where we are.
If you're confident fluticare gets approved then none of this matters anyway, your day will come. For me, and it's a personal decision, I need to utilize my funds in other plays. I'm not an INNV basher but for now, I've moved on.
I was a long time holder and have bailed. I like INNV but ultimately a few things forced me to put my money elsewhere.
The early Novalere share release was a bad mistake. The company was overly optimistic in its ANDA approval date and consistently wrong in its timeline. Then the mysterious quiet period where you thought maybe something's happening, but no, nothing.
It's not a bad stock, Fluticare gets approved and it's all roses, if it doesn't, goodnight. I also wonder about that Novalere early release, why would they do that? One thought is they did it to ensure they were in their good graces so they could go to the well for another round.
Again, not bashing but they've just not handled this well and as a result long term share holders have suffered. Too much dilution and more on the horizon. Volume has dried up, liquidity is draining and we've seen a slow tick down. I think many people have just lost patience.
I wish you all the best in this one but unless it gets a lot cheaper, my funds will be used elsewhere.