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Wow, over a MILLION shares traded in 5 minutes.
If you're intimidated by the 11-page PDF, OwnTheFloat.com breaks it down...
http://ownthefloat.com/index.php/2017/01/17/owcp-annual-letter-to-shareholders-on-1-17-17/
Dang, I need to go to bed early so the morning comes quicker.
Just hope I don't toss and turn for hours thinking about OWCP's life changing potential.
Those shares will be nabbed in 15 seconds.
Preach, Brother! Haha.
Amen. Seriously spot on.
I personally feel tomorrow should bring new highs and decent volume.. Long weekend of being #1 on iHub, talked about all over Twitter and new followers on StockTwits.
Could test $0.60 early. Who knows.
But yeah, don't freak out on dips... Even on a Red day. It'll happen some day again. :)
I know what you're saying, but this stock has been unpredictable - in a good way.
I intend on buying more if / when Edward Jones gets me an answer on an exception or possibly wiring funds elsewhere.
If I buy at $0.60 and it dips to $0.45... Oh well. I still feel confident in multiple Dollars soon. :)
Not trying to convince YOU... I truly hope you buy when comfortable.
I hesitated on loading right away... Ended up buying the most dollar amount at $0.19, but still have an average of around $0.07 - which I'm very grateful for.
But still OK spending 50% of my original investment more at 650% higher. Haha.
#Confidence
I agree! I used to think it'd take longer for the Market Value to correct itself... But now it's obvious it could happen a lot sooner.
We're going up, up, up because people have brains and see the value of this company pre-revenue... When sales start rolling in - were going to go crazy!
I have a great feeling about tomorrow.
UGGGHH! I know, right?
I hate non-trading days of the week. Haha. Before OWCP, I didn't mind so much.
But, it's fun to watch my portfolio grow by $10,000 - $20,000 per day. :D
I still want to hold on until after my 1 year mark because of the other products that SHOULD launch by then.
Heck, to even hold until after the Annual Report to show profit could be a bonus. *shrug*
Obviously I'll decide along the way, but as of now... It's in my head to be patient until Fall/Winter 2017.
Still north of $100/share.
I agree the claim of how much money was offered is pure rumor.
I have a hard time believing they turned down $46/share back in 2015. I would have a hard time believing they'd turn down $20/share back in 2015. But, these guys may have HUGE goals and visions too.
At the end of the day, I doubt many people outside of TEVA and OWCP truly know what the offer was.
According to this news article, they made an offer:
http://www.jewishpress.com/news/breaking-news/teva-pharmaceuticals-thinks-its-high-time-for-medical-marijuana/2015/07/21/0/?print
Some copy/paste:
Teva, according to a report by The Marker, has made an offer for One World Cannabis (OWC) to purchase the rights to the company’s patents. One World is developing treatments using the compound in cannabis to treat chronic pain, multiple myeloma and other conditions.
The news of Teva’s proposal to buy OWC cannabis patents comes with the announcement by Cannabics Pharmaceuticals that it was appointing two Teva executives, Ika Abravanel and Dr. Sigalit Ariely-Portnoy, to its advisory board.
Yeah, I hear ya.
Most recently I bought the Growth Fund of America (Mutual Fund: GFACX) for the ~9% return. I'm getting riskier.
Again, I don't consider OWCP to be a big risk despite being OTC. For all the reasons listed with OwnTheFloat.com's Year End Recap... It feels QUITE safe that it'll grow into multiple dollars.
Otherwise, I like to invest in real estate and things. (If anyone else does, PM me.)
Fully agree. That's why I gave him/them the "ultimatum" -- make an exception and buy $4,600 of OWCP on Tuesday, or I want you to wire that money elsewhere.
$4,600 represents a smaller chunk of my IRA account. It's what I left in FGP after they crapped their pants in September/October.
The rest of my Roth IRA is profitable and strong for the long term. Though, OWCP could make me a lot more money in 2017... But, still OK to diversify.
I chose Edward Jones because of this particular Financial Advisor. He's a good guy. My uncle recommended him when I was young(er).
But, I have my own Scottrade and E*TRADE account and manage more of my money than I let them manage. Again, the Edward Jones account has only been for my Roth IRA.
To be fair, I started with Edward Jones in my mid-20's (I'm only 35 now) and I usually am a fiscally conservative fella. Edward Jones ONLY has my Roth IRA.
But, being conservative or not... OWCP is just too obviously undervalued and absolutely going places. They have virtually NONE of the "signs" of other OTC (Pinks) that scream SCAM or "SUPER HIGH RISK"
So, it feels VERY safe to stay here.
I e-mailed my Edward Jones rep saying if they can't make an exception with my $4,600... I want to know if they can wire it to Scottrade tomorrow.
Hoping to score at least 8,000 - 8,500 shares with that $4,600. The longer I wait, the fewer shares I'll get.
I should have pulled that money in November when he first told me I couldn't buy stocks under $2.00.
*shakes head*
I love when OWCP proves people wrong -- again and again.
I've been saving screenshots of silly claims. Someone told me back in October that I was too late, I missed the boat, and obviously I don't like making money.
I'm up 650% since that hilarious "bash".
Bah, never mind. I guess us "Longs" need people like you to sell to new people.
Heck, I still want to add more shares when I can free up money.
I don't understand that logic.
Just because you've already made a boatload of profit... You refuse to make more?
Do you just not see the potential here?
With the way things have been going... Could be as soon as February! Haha.
After all, that's still only $696M Market Value -- but that's a heck of a lot closer to REALITY than $74.5M like we're at now.
I believe Scottrade allows you to adjust your "Tax Strategy" differently, but yes, I think that's the default for most.
Even if that's true... Last I saw there was over 250M shares on the Ask at 0.0002.
I have no idea where my 6.5M falls into place.
We'll see. They're still for sale at $0.0002 but tired of seeing other stocks rise 50% - 100% while I wait for my money here.
I don't doubt once the Ask thins out it COULD move up again with the News and progress.
I'll do an AON Sell of 6,500,000 shares at 0.0002 if you want to take over. ;)
I'm considering giving up on the idea of selling for more than 0.0001 in the coming 30 days.
I may just cut my losses and try and earn 100% elsewhere and rebuild from there.
Ugh.
@OwnTheFloat just reTweeted a post from TopCannabisStock.com showing they updated their list of reasons why they feel OWCP will be the #1 Cannabis stock this year.
Ouch. That suuuuucks! Since I own a similar amount of shares, I know precisely how much more I made from $0.30 to $0.53 and how much more I'll make at $1.00, then $2.00, etc.
Well, one way or another.. We'd love to see $1.90 here by end of month. :)
Yup! I only did the math from $1.50 because it won't be long and we're trading there and people will wonder if they've missed the boat.
I keep hearing that... They hesitate jumping in because they fear they missed the boat.
Sheesh, Krak.. I don't think you're excited enough. Why don't you take a little 5 Hour Energy and try again. Hahaha.
Oh, God yeah. With where I personally think it's going to be in Fall 2017, I think people who buy in Dollar Land are going to see beautiful returns.
Hoping to free up a few thousand more very soon.
Whoops! I'm behind.. Haha.
But, for the record, the O/S did increase slightly on December 30th or so... 139,255,474
Yeah, for sure. $55M market value is a joke for this company with all its got going on...
$550M+ is a lot closer to reality based on patents and a product nearly ready for market.
For me, it feels like it's not a matter of IF my shares will grow to *a* million dollars, but instead... how many millions.
Yeah, the only way I felt this bubble would be burst is if this was all 'scam', but 8 patents and IRB approval confirms this is all very real.
That'd be $8.12B.. So, yeah, down the road with proven Cannabis meds - not impossible.
I've felt that could be a strong possibility as time goes on. Hopefully after things are proven so the value is good and high.. You know, like $5B. :)
I dislike days when the market is closed after how exciting this week has been.
Such a stellar week!
258M on the Ask. It may take a while to get through that.