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I can understand your feelings. When I first bought in around $0.0475, many had shares from much lower.
But, my confidence had me buying more at 0.19 and 0.17. My average is now $0.065.
Still, it's my opinion (backed by the DD, the industry news, and the history of 2012 marijuana legalization in a few states) that we'll have a new 52-week high next week. Especially if Ziv drops some news/updates around the 9th or 10th.
All my opinion, but, yes... I totally can relate why you're feeling how you are.
*Raises Hands*
I think it's idiotic to sell before November 9th, period.
Only if we're all being scammed isn't that possible
Haha. I'm watching, but not because I'm worried.. Because it's inevitably going to zoom. Besides, any day could have another PR sending it back over $0.20...
Please provide any ounce of factual information you have that leads you to believe this stock should crash anytime soon.
Having a red day every once in awhile is quite common for virtually every stock in the world.
Ouch. May want to take OWCP off your watch list so you're not kicking yourself soon. :)
First, thank you for saying you respect me as a poster. That's a nice, positive feeling. :)
I only (respectfully) disagree on the CEO comments. First, what I meant was, when I first started with Penny Stocks (several years ago) and "tricked" into buying shares (thanks to lying pumper bag-holders) because I didn't know what kind of a shady world the OTC Pinks was, I found trying to reach out to a CEO of those companies was impossible. First, many times the phone was disconnected already OR the voicemail box was always full. These guys always had another common thing -- their "headquarters" was a UPS Store or Mailboxes Etc. (I think of the movie Boiler Room now)
As for CEO's of "real companies" not having time -- I've found that to not be true. I've personally e-mailed Bill Gates in the mid-90's and while he didn't reply personally, he had an Assistant who did and she had mailed me a signed copy of his latest book. I've e-mailed high level executives at Lenovo (as that's what my day job pertains to) and received responses. I sent in positive comments about the NICU staff at a HUGE hospital / medical group and eventually was invited to meet the President of the Fargo, ND hospital.
So, while I'm saying these CEO's don't have to reply to every e-mail for me to think they're legit... Having SOME communication with shareholders is a positive for me.
How many of you have bought the Energy Drinks or Shots yet? I consider ordering some.
I bought today with Scottrade!
I'm 1 for 2. First email he replied to very soon. Second, no response after several days. But! It may be info he can't chime in on. Though, it's my pet peeve... I would highly prefer a CEO still answers and tells me he's unable to comment on 'such and such'.
When I first started with Penny Stocks, I had the same situation. I've learned a lot since then. OTC / Penny Stocks = GAMBLING, not Investing.
I've upped my standards and watch what I invest in now.
Share structure, financing, does the CEO respond to e-mails and phone calls, etc.
Those aren't always 100% either, but it's a tremendous start. :)
OWCP is the closest thing to an actual Investment I've ever seen personally, but again, most of the JUNK has been Pink Sheets, not OTC QB or QX.
Right. That's what I'm saying. Haha.
If I ran an OTC stock of any kind, I could not and would not be a shady CEO. I would give it my 100% effort to making a profit for the company and it's shareholders.
So, again, I'm probably not a good match for OTC.
No need! I totally understand!
I've been the guy who thinks "If it weren't for bad luck, I'd have no luck at all." But, I'm bouncing back to POSITIVE living!
Life felt like a downward spiral in most aspects since I lost my 4 month old daughter in December 2014. Even my investments felt like crap -- big, legit Propane stock that paid a ~10% dividend even lost HALF it's value recently.
OWCP is going to resurrect my portfolio. Again, unless OTC proves to be BIZZARO WORLD where NOTHING makes sense from a "REALITY STANDPOINT".
P.S. When you guys make your big profits, buy more Good Karma at www.gabee.org ;)
I'm sure a mod will delete this post as it oozes "Off Topic"
Exactly! I seriously thought about doing a R/M with my IT/Tech Business and an Empty Shell or possibly even doing a form of Holdings company that would also dabble in Flipping Houses or something. Most of my OTC contacts kind of suggested my businesses, while profitable, wouldn't deliver the HYPE needed to generate good volume in the OTC world.
In other words, if I want to run an OTC Pink Sheet company -- I need something in a hype sector and simply do what I can to make it LOOK LIKE I was trying. I'd be posting losses year after year, but I'd have more volume and hype surround my company.
It's not for me. Not yet. Not with my legit businesses. But, again, OWCP is legit. That's also why they're not OTC PINK SHEETS with 1.5 BILLION Outstanding Shares.
The only reason some of these little Companies are Public at all, is because they can make MORE Money Selling Shares than they can running whatever small time business they have that is reverse-merged with the public Corporation.
It is MY OPINION that you've made a wise choice.
I doubt I will bring myself to selling anything before Quarter 2 of 2017.
Sure, I'll be giggling like a school girl if (when) we reach $0.50 and then $0.80...
But, if I sold at those levels and 2 months later I read OWCP was being acquired by Merck/Pfizer/Whoever at $3.80 per share (only $514M valuation) ... I would kind of be irate.
The obedient trader in me says to sell enough to cover 200% of my initial investment and ride the rest.
But again, FOR ME, I see all the positives here. Low share structure, not only NO toxic debt -- but NON-INTEREST BEARING debt, actual clinical research and trials, and products coming soon.
I just can't sell until products hit the market. But, we all have our own tolerance and patience levels.
I also can't sit at the Roulette table in Vegas and bet $0.25 on a number. That's not fun for me, but I see people cheering when they win $3.00 on a spin like that. Good for them. :)
That's fine. You have to do what YOU have to do.
My average is $0.065, so I'm not much better.
I just look at the HANDFUL of comparisons with INFERIOR stocks and say, "Wow, we have so much potential here!"
But, I agree. It sucks when people keep saying over and over again, "It'll be $0.50 by end of week!" and it doesn't happen.
I, for one, have KNOWN it's going to take time to build towards that $0.80/share to make it on the same level as the INFERIOR "CBIS" stock.
If OWCP doesn't catch up -- something is seriously WHACKY with this world. Most Marijuana related stocks are OVERVALUED, but holding.
Marijuana stocks had a beautiful run back in 2012's Election time.
People selling doesn't worry me.
OWCP closing down doesn't worry me.
The signs are all there. OWCP is an undervalued beauty.
It's only a matter of time until the market catches up and people are saying, "Damn, wish I had bought in at $0.16" or "Wish I hadn't sold at $0.16... I screwed myself ROYALLY."
Yeah, we'll be fine.
OWCP isn't like the other MJ stocks that are bloated, overvalued, hype driven based on nothing but "they're a marijuana stock!"
OWCP isn't a Pink Sheet with 1+ BILLION O/S.
I couldn't believe there was a "MJ Stock" Tweeted and all it seemed to be was a company that's now selling HEMP T-SHIRTS!
OWCP is not just a wanker stock that is dabbing in something with the word Marijuana, Hemp, or Cannabis to take advantage of this MJ Bubble.
This is a REAL pharmaceutical research company, with REAL Doctors, doing REAL research, and on the verge of releasing REAL products to the world.
It's hilarious that some don't seem to understand the difference. No doubt, if you simply flip this stock for a quick 50% - 100% -- you will regret that in the months to come.
Still mind boggling why there was Selling to start with.
But, yeah, hopefully more and more Holders remain wise and patient.
OWCP should certainly see a badass run soon. It'd be too perfect to have News drop right around Elections. ;)
Yeah, anything is possible... OWCP moving nice strides. Can't wait to see what happens in 2017.
Hell, can't wait to see the share price in a little over a week.
There are plenty of No Revenue pharmaceutical research companies being bought up. They do all the research and development to sell the final product to the big boys.
R/S is almost a certainty. Maybe not immediately though.
Is OWCP an Acquisition Candidate?
http://ownthefloat.com/index.php/2016/10/30/owcp-near-future-acquisition-candidate/
New to OWCP? Read through the DD Blogs at www.OwnTheFloat.com and follow them on Twitter (@OwnTheFloat) too.
New blog(s) coming next week, I think.
Agreed, sir.
We will, we will.. Patience it'll take to pull in some mad bank. :)
Oh, I have been. Even been emailing Penny Stock Geeks, Marijuana Stocks, and Tweeting at big people.. Trying to raise awareness. Too much hype surrounding the 'inferior Marijuana stocks'.
If OWCP hits $1.00 after election day... At least I'll have one thing to be happy about. :)
Yes, sir. We're safe. I'm far from panicked. I'm pretty sure there's not a single stock in history that didn't have Red days. It means nothing negative about the overall future. Still confident in what's to come.
Makes absolutely no sense to sell now unless you're desperate for cash or hate the idea of having 1,000% profit and will settle for 100%. Maybe anti-taxation people don't want the huuuuge profits to come because of the tax amount they'd pay on those profits. Haha.
If we seriously dip much more, I'll be tempted to wire in another few thousand dollars to add more.
Well, sure... I am patient. Just saying I thought it was crazy this didn't end GREEN yesterday and is, so far, down today.
Upgrading to OTC QB is a "big deal" in many regards.
I'm really surprised AGSTF hasn't moved up with their upgrade to OTC QB.
No Revenues for a Research & Development Company?! HOW ABSURD! This will change when their Product launches in early 2017.
*shakes head*
CBIS has 1.1 BILLION O/S -- significantly more than OWCP.
CBIS reported $3,000 in revenue last Quarter
So, again, why are inferior companies "worth" $100 MILLION while OWCP (which is better off in MANY ways) only at $13 million?
That's the point we're making here. There's OBVIOUS room for tremendous Share Price growth.
TEVA's attempt to acquire OWCP last year is still very relevant. It proves they "legit" back then and with the improvements made since last year, it should be quite obvious they're still a possible acquisition target coming up.
They just put out an 8K on the 24th. That's an Update.
Form 8-K is a very broad form used to notify investors in United States public companies of specified events that may be important to shareholders or the United States Securities and Exchange Commission. This is one of the most common types of forms filed with the SEC.
Actually, my average cost is $0.065 after I **ADDED** in the $0.17 area.
So, I'm still up 107% as of RIGHT NOW. Yeah, that's a great profit margin - but I'm holding for the BIG picture because, again, it's QUITE obvious OWCP is a better company than MCOA and CBIS -- yet the 'Market Value' isn't showing that YET.
Please, if you have any FACTUAL information as to why OWCP is NOT as good as CBIS or MCOA -- let me know.
OWCP is "On Sale" today! If you felt you missed the boat on Monday (10/24) when we hit $0.20+, now it's a great time to pick up shares.
If you actually spent 5 minutes to read the DD available and compared OWCP to other very bloated/overvalued Marijuana stocks... You should EASILY be able to determine FOR YOURSELF that OWCP is destined for a FAR HIGHER share price. Check out some DD / Comparisons at www.OwnTheFloat.com!
Quick Notes:
OWCP is an OTC QB listed company, not a "Stinky Pinky"
OWCP has NO TOXIC DEBT what-so-ever.
OWCP secured a Non-Interest Bearing investment from MedMar
OWCP had great news last week of a Cannabis Tablet for people who can't smoke
OWCP will have product launch in Q2 of 2017!
OWCP has ONLY 135M O/S, compared to 1.1B like other Pink Sheet, overvalued Marijuana stocks
OWCP is "On Sale" today! If you felt you missed the boat on Monday (10/24) when we hit $0.20+, now it's a great time to pick up shares.
If you actually spent 5 minutes to read the DD available and compared OWCP to other very bloated/overvalued Marijuana stocks... You should EASILY be able to determine FOR YOURSELF that OWCP is destined for a FAR HIGHER share price. Check out some DD / Comparisons at www.OwnTheFloat.com!
Quick Notes:
OWCP is an OTC QB listed company, not a "Stinky Pinky"
OWCP has NO TOXIC DEBT what-so-ever.
OWCP secured a Non-Interest Bearing investment from MedMar
OWCP had great news last week of a Cannabis Tablet for people who can't smoke
OWCP will have product launch in Q2 of 2017!
OWCP has ONLY 135M O/S, compared to 1.1B like other Pink Sheet, overvalued Marijuana stocks
Attn Sellers: Are you insane?
What in your mind tells you OWCP shouldn't be trading at $0.40 and isn't going to be well on it's way to that price per share very soon?
Have you heard of this Marijuana Bubble? Have you seen the absurd Market Values of ABSOLUTELY INFERIOR stocks like CBIS, MCOA, etc?
Once the nutjob sellers are gone and we have investors who can read VERY BASIC AND OBVIOUS DD... We'll all be better off.
Get it over with. If you want to settle for profits at $0.13 -- whatever YOU have to do. Congrats to those who have money available to pick these shares up. I wish I wasn't already ALL IN.
I'm going to REMAIN "All In" for quite a while. There's NO SANE, LOGICAL REASON this stock isn't trading at $0.40/share **TODAY** let alone what it's potential is after they have a Product Launch in EARLY 2017. Seriously... DOLLAR LAND is sooooo unbelievably possible!
This isn't hype. This isn't pumping. This is reality based off EASY TO FIND AND READ EVIDENCE.
www.OwnTheFloat.com
Truth. I'm not worried.
In the grand scheme of things, nothing has changed here.
OWCP is still the most undervalued Marijuana Stock!
OWCP is still one of the FEW with NO TOXIC DEBT!
OWCP is still one of the FEW with Non-Interest Bearing Debt!
OWCP still has significantly fewer A/S and O/S (compared to CBIS, MCOA, etc.)
All signs point to OBVIOUS big profits for anybody buying in under $0.50, in my HONEST opinion.