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.23-.20 is loading zone guys, about to head back up to .30
Today was the first time I got a fill after market close, happened like 3-5 seconds after close, my 190k shares sold at .013. So .013 is the actual closing price. I don't know what a 911 trade is but this happened and is it what you are referring to?
Imagine the PR's that will be coming soon about the moves the company is making, that they were unable to make with their few hundred thousand dollars in the bank.
"This company is known to put out BS and dump shares"
You must be thinking about another company, or you are full of s*** trying to get cheaper shares, because this statement is not only completely false but opposite of the truth. OWCP is actually known to be too silent, leaving shareholder starving for news which caused the share price to decline over the last year. They only announce what is required or for certain, UNLIKE pump and dump companies. Also, they do not dilute at all, and they have been cash positive (no debt) for some time now with low costs of operation. Obviously you don't know what you're talking about so why even post this? Oh wait, you must have a bid trying to get filled.
x100xPercent
I like this news and the price, I'm back in
Love this post, finally someone who knows and admits that price movements are unpredictable. Everyone else is trying to figure things out not knowing they can't, or trying to find reasons why prices move and believing they are right and others are wrong.
Will the approval of exporting medical cannabis out of Israel affect BLDV/ Cann10 in any way?
www.thepuffpuffpost.com/israels-finance-health-ministries-approve-exporting-medical-marijuana/
Why would medical marijuana export approval affect OWCP positively? OWCP doesn't grow or sell medical cannabis so I don't see how this is relevant. Actually, seems like the price of quality medical cannabis in Israel would go higher due to decreasing supply from export deals, causing R&D companies to have higher costs? Not much though but just trying to figure out how this can benefit the company and increase the pps.
Expected because of dilution and continued sector downtrend, along with low volume and large spread most days. I'm expecting more down before going above .02
I'm betting there's a lot more buying than selling during power hour and we close strong
How about some buy orders at .0161 last couple minutes, hmmm?
Barely broke under a penny for a second, just enough to set off alerts, let's see if we get some volume now and where it goes.
That volume made the 30 minute chart look really good
Did you just buy around 200k shares?
Why does everyone think that a good company has to cater to shareholder needs? All they really have to do is put an update every once in a while and file quarterly. Social media posts are just extra, they are not intended to be official or to raise the share price! They are focused on doing business to make money, not to increase share price every couple weeks so shareholders can flip for quick cash.
If you're angry about the share price dropping, don't blame the company, blame yourself for being impatient.
We need an update on the progress of the financials.
Didn't you visit the new warehouse? I thought the address is public info? I remember a few weeks back people were looking at it on google maps.
Today was a down day for the entire sector, a little red is not surprising and expected since most everything else was down on low volume. People tend to sell when they don't see much buying going on, no bid deal, every day is another day closer to SGMD becoming current and making new highs, which I believe is coming in less than a month.
Correction - looking at fundamentals of the company is NOT the answer to the PPS
All these posts and no talk about the sector. The sector has been down all year except Friday the 13th after the news about Trump backing state laws. Everything is and has been down, losing gains, or simply not rising with VERY few exceptions. Looking at all the fundamentals and events of the company is the answer to the low pps, look at the economy and volume and that is the answer to why most cannabis stocks are not flying.
x100xPercent
That's incorrect, you don't know what you're talking about. FDA approval for a drug and rescheduling a drug are 2 completely separate things.
I've been waiting for it to break under .20 since it first bounced off .215 and back down to .203. I'm just wondering now how many days .20 will hold before it finally breaks? Then what happens after? I'm thinking alerts / stops will go off, draw a lot of attention to the stock and we will see big ask stacking at .20 followed by quick dumping a couple or few pennies lower, followed by a rally to .20 again then back down.
In what way? It's volatile, yes. It's a pink sheet, yes. Their products are not "real" yet, true. But why does any of that matter to people who want to make money? It doesn't matter. All that matters is gains and losses for shareholders. I bet more than 99% of owcp shareholders are only holding so they can make money. Less than 1% holding for some other reason I can't even think of.
Chance of OWCP going up 50% in next 30 days - 10-20%?
Chance of RSII going up 50% in next 30 days - 80-90%?
Chance of MJ sector going up 50% in next 30 days - 50%?
To support my statement, I should add why I say moving up for sure. I'm always looking at several things to decide which way a stock is headed in the short term, because charts do not tell the future nomatter what you think, charts are only an indicator of a future based on the past which is no certainty at all.
This is what I see as an MJ sector trader, for RSII:
1. Chart - 6 month chart looks beautiful. It is following what looks like a very predictable pattern, and currently we are on the low end of the next rally. On 2/12 it barely touched the 60 day MA (wilder) and again on 4/13, and started moving up.
2. Sector News - Last Friday the sector had amazing news and about 95% of MJ stocks went into a rally anywhere from 10-50% but about 25% on average in 1 day, then continued gains yesterday. RSII did not have gains along with other stocks.
3. Today, down day for sector - The MJ sector is down pretty big today, probably just profit taking and low volume. RSII is in the green today with higher volume so far than all last week and yesterday. No doubt some traders that took profits from other MJ stocks are buying RSII shares.
4. Company tweet 4/13 - CEO tweeted that "the countdown to 4/20 begins now", indicating something good is coming on 4/20 whether it means just general buying in the sector or he might be saving something for us. This stock has rallied recently on anticipation and tweets.
5. 4/20 - Historically more buying than selling on 4/20. This year it's on a Friday, and we might get an exciting PR or tweet from the CEO.
All these are indicators of more upside from current pps of .013... as I type I see the pps made a new high .0145, gotta go!
GLTA
x100xPercent
We are moving up this week for sure, to at least .017 without news or tweet then break .02 only after an exciting update
Just used profits from other MJ stocks to buy 10,500 more shares at .1801! Almost up to my 100k shares goal, but if we go up now that's fine.
For longs that have been holding a long time - I recommend selling 25-50% of your shares, putting that money equally into MJ companies that are growing rapidly. You will be able to buy back many more OWC shares later with your profits, maybe even break even except with more shares you can buy back in low 20's. There are so many great companies in the sector that are making money now, OWCP's time will come, but why would you wait so long?
Any time now... buying volume
Guarantee we close ABOVE .19 today, that little 50k ask is gonna get whacked with a 200k soon enough
SOOO much buying volume pouring into the sector since that news 3 hours ago!! SGMD gonna fly any second of any minute with a relatively small order to kick start it. Biggest up day since pre- Jan 04! HUGE!
Company Tweet for RSII and PAOG:
"Countdown to 4/20 begins now! *Smiley Face*"
Lets take a vote, who thinks
1) Tweets imply there will be some great news for us related to Cannophen
2) Tweets implies nothing, just an attempt to create an illusion of positivity that anything can happen in attempt to stop the pps from falling more
3) Tweets imply the CEO is a fan of 4/20 and plans to get really high with popcorn and pizza and watch his stocks move higher from the sector buying.
This is low volume fear selling. Volatile, you better be careful if you're selling because it won't take much to spike this higher at any time. If you're trying to buy under a penny you're being greedy because it's already way oversold.
Excellent buying volume last 10 minutes, about 700k all buys on the .014 ask (was 1.1 mil ask all day!). Broke above the 1 month moving average, excellent sign that we had hit rock bottom and uptrending has started.
Someone just bought that 180k block at .18
They hired BF Borgers to do their latest (most late) filings that brought them up to June 2017. Now they are filing any day now to become current. It has been a complicated process since they merged with Bizright, had to combine revenues in their numbers and hired new staff including accounting staff. It's being worked on, so your question should be why "couldn't" instead of why "can't". Everything is happening as CEO Jimmy Chan has said, so if you keep up to date on everything going on you will see investors are very happy, hence the reason the pps is not tanking like other stocks have been. This 8k is just icing on the cake and brings confidence that not only is everything happening as promised, and that the Q's be out soon to bring the company current, but they will also likely be on time for future filings. Also I'm pretty sure they will be uplisted to OTCQB soon, maybe even cross listed to TSX next year if Budlife is a huge success, which it will be.
x100xPercent
Funny how quiet Ihub gets when stock prices hit lows, everyone sells out and quits when it's the time to buy. The exciting time is not after it goes up 300%, its when it's down 75%
Come on MM's bring us .012 before lift off!
Excellent loading zone if there ever was one! Loving these low fills, buying the fear and manipulation! Woo hoo!
Yes I agree. This happens to a lot of great companies. I believe we hit the bottom though, won't go below .09. If I'm right, we're in for 300-400%+ gain in only a few weeks or couple months (.40-.50+)