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Opinion on CFO Resignation:
http://ownthefloat.com/index.php/2017/06/15/owcp-opinion-on-cfo-resignation/
(I'll be on the road this morning, so don't expect me to engage in much conversation.)
Yeah, a slower / more reasonable rise is fine. :)
I still want to wait things out and see how it goes with Multiple Myeloma research and how much revenue is obtained by Q4.
Q4 is what I talked about MONTHS AGO... Besides, then I'm in Capital Gains territory. Much lower tax rate = much more "take home".
90 days from that 8K is roughly June 18th.
News Eminent! :)
Sorry, I can't even wager a guess.
I think $3.23 back on 2/22 was insane considering we were just at $0.70 days prior to.
The run depends on how much attention OWCP gets... How much volume is traded... While I suspect some people who bought in at $1.00, $1.50, etc. will be "OK" setting for a smaller profit... It still could run wild and set a new 52-Week High.
There are actually a couple of Chart people who seem to think $5.00 is possible on this next huge run if it's like the last one.
But, again, all depends on Volume. If some of the News coming is big enough and it gets great exposure, "the sky is the limit" -- but be warned, when stocks shoot to "the sky", you can expect some big consolidation back down to reality.
OWCP is certainly working towards revenue finally, so in theory they should see more stability. We've been in this type of range for a while... It's time to move up with these developments and find a new, higher low until the next update/news moves it up to an even higher low.
Interesting OPINION.
I think I'll stick with the Due Diligence. Most of these things are pretty obvious pre the 8Ks.
Lots of catalysts that SHOULD start to be revealed next week!
Graphic with List of Catalysts
If you have Twitter, Retweet this:
$OWCP has many catalysts that should help with a return over $1. June & July should be fun.#MedicalCannabis #Stocks #Biotech #Pharma pic.twitter.com/wGVOScYn1p
— OwnTheFloat.com (@OwnTheFloat) June 9, 2017
Yeah! The World Intellectual Property Organization (WIPO) is a scam!
Sell your shares, folks! This stock is toast!
(Someone will have a Bid ready for your shares.)
**This Post was FULL of Sarcasm**
June 18th is right around the corner.
In theory, we should have an update BY THEN about the next double-blind Efficacy Tests on OTHER skin disorders & conditions.
B.. E.. A.. UTIFUL.
Great things on the horizon, folks.
I know some of you are 'taking profits' on the way up. Do what you gotta do.
I can't wait to see the share price in November/December. I can't wait to see if TEVA, Merck, GSK, or ANYBODY ELSE acquires OWCP after the Multiple Myeloma news in late Q3.
That's the lottery if it all works out the way it has thus far.
Solid bonus DD on Mediq, sir.
Absolutely, sir.
Based on the various other updates I've been expecting since back in April -- I believe today's PR is small in comparison to what should be coming in the coming weeks and month.
The sad thing is, some people just don't get it. Sometimes they just can't connect the dots in time.
Lots of updates expected. Summer shall be fun for OWCP holders.
For those who are intimidated by those 8Ks... I break it down here:
http://ownthefloat.com/index.php/2017/05/30/owcp-enters-into-a-strategic-relationship-with-german-based-company/
LOL.
How about sometime in the next... Two weeks? *shrug*
This happens on most 8Ks that are accompanied by a PR...
Keywords -- "Press Release dated May 31, 2017, filed herewith."
You see the 8K the night before when it's released and the official "PR" is released tomorrow.
<sarcasm> Yeah, $OWCP is up about 300% since January 3rd. Such trash. </sarcasm>
Come on. That's solid. $OWCP will return to dollar land soon. June should be spectacular with all that's expected to be announced. If you bought in over $1.00, I understand your pain but I'm confident you'll feel better soon.
My money is (literally - $250 bet*, so to speak) still on News by June 1st.
*I said I'd donate $250 to Make-a-Wish if OWCP didn't have News out by June 1st.
OWCP, from $0.65, absolutely has 10 Bagger potential! The last big run resulted in the 52-week high of $3.23 on February 22nd. OWCP opened at $0.70 on February 17th. That's how fast it can happen.
http://ownthefloat.com/index.php/2017/05/24/owcp-and-cnbx-perspective-on-current-share-price/
The thing is, that big run seemed to be the result of being listed in the new/pending Agrosphere ETF.
The expected news, which could honestly hit as soon as tomorrow, is much more substantial.
As for what's likely coming soon -- Check out this DD: http://ownthefloat.com/index.php/2017/05/19/owcp-where-do-we-go-from-here/
P.S. I'm not necessarily saying we'll see over $6.00 on this next big run. The 10 Bagger may come much later in the year when products have shipped and they've announced even better study results with Multiple Myeloma. On the other hand, I'm not saying $6.00 is IMPOSSIBLE because this is a legit company with no debt, $2M cash in the bank, doing real medical cannabis research in THE best place in the world for such research -- Israel.
$OWCP (and $CNBX) - Perspective on Current Share Price
http://ownthefloat.com/index.php/2017/05/24/owcp-and-cnbx-perspective-on-current-share-price/
If you didn't see: I said I was so confident in News by June 1st that I would donate $250 to the charity with the most votes on the @OwnTheFloat Twitter poll if $OWCP does NOT have news out by then.
Where should I donate to if $OWCP doesn't have News by June 1st?
— OwnTheFloat.com (@OwnTheFloat) May 22, 2017
My memory may be fuzzy, but I think your intel has always been pretty accurate in terms of WHAT -- but like you said, maybe the timing is off here and there. Oh well. Things actually do change. I don't think anybody here can say they've always completed everything they've ever planned in life by the exact date they initially expected. :)
Nice score. I was seriously considering adding more today, but I'm just already "so invested" that I need to relax and be thankful for what I have. Haha.
Definitely agree something nice is coming and it's VERY POSSIBLE we won't see under $1.00 again.
I think there will be a series of updates that will start a nice uptrend.
You'll never hear me say we're going to the mooooon, but, good things can happen here (and most stocks) with big volume.
I suspect updates to the things I highlighted in the blog are CAPABLE of bringing people back into OWCP.
Many folks I know and talk to privately who were invested earlier on said they sold to jump into this stock or that stock before OWCP got closer to product launch.
Thank you. :) Always hope it's informative enough for people to decide for themselves what to do - Buy, Hold, or Sell.
How would anyone KNOW they haven't "joined"?
There's been people sitting on the Bid, sometimes with big amounts. Do we KNOW for a fact who has been buying all those shares sold into the Bid?
$2M in the Bank is "broke", huh?
Wish I was "broke" like OWCP.
New Blog! $OWCP: "Where do we go from here?"
http://ownthefloat.com/index.php/2017/05/19/owcp-where-do-we-go-from-here/
Yeah, that'd make sense.
Congress (and Government in general) lacks efficiency and intelligence it seems. But, that's for another Board. :)
Good thing I suspect OWCP will start with sales in Israel, Europe, Germany, Canada, Mexico, etc. Plenty of market potential.
Then again, you saw the articles about Congress not giving ANY money for "Marijuana Crackdown". Maybe we'll still pass Marijuana on a Federal level and leave it purely to the states. Rep Garrett is working on that.
At this time OWCP is busy with the following things:
1. Complete implementing the preclinical efficacy study into the patent, so they will have a solid unbreakable patent. (As they've stated, they are taking the necessary actions to protect their IP.)
2. Continue the professional dialogues with all the companies/institutions that understood their finding and want to do business with OWCP. (As they've stated, they've had "world wide interest")
3. Completing the first ever (and still only) safety clinical study (under IRB APPROVAL) for their topical cream(s).
Agree with you 100%, Alex.
If anybody wants to claim I'm a pumper, I can at least show my story hasn't changed since (before) I wrote the blog on February 5th titled, "My Plan for Selling":
http://ownthefloat.com/index.php/2017/02/05/owcp-my-plan-for-selling/
Nothing has changed. I've not sold a single share, but I've definitely added more since February 5th. Unfortunately, I bought those at $1.20 - $1.38 not long before the drop to ~$0.60 -- but I didn't stress about it.
I feel quite confident OWCP will bounce back NICELY. Patience.
I can wait. I'm very grateful that to this day I'm still up nicely on my overall investment. Some of my friends, family, and acquaintances aren't as fortunate and bought in for the first time over $1.20 or even over $2.00. OUCH.
Still. I feel the guys who bought at $2.00 will still see beyond $2.00 later in the year. It COULD happen by end of June even.
Quarter 3 is going to be the most beautiful.
Wow, it's as if somebody wanted to ensure a lower closing price selling 500 shares into the Bid.
https://ih.advfn.com/stock-market/USOTC/owc-pharmaceutical-research-OWCP/trades
False.
It's not a fact just because a person types the word "fact".
OWCP themselves has paid $0.00 to promote their stock and they only release news when there's news to be released -- which they do via 8K.
You may choose to call it a P&D because some shareholders talk like the stock is going to $5.00 next week and MAYBE they're selling.
But that doesn't make the stock itself a P&D Scam. Company itself is actually doing research at the largest academic hospital in Israel and everything is being reported when they're able to report it.
Of course, after I've said all this I ask myself why I bother. So, I'm stopping there. I don't need to waste my time to convince ANYBODY of anything.
"Know what you own". Don't buy if you're not comfortable.
Exactly. $3.23 clearly shouldn't have happened on February 22nd... Just like CNBX's massive, stupid run shouldn't have happened. Not sure what was going on with February 22nd.
But, knowing we opened the year at $0.17... Even today's $0.73 is quite the rise by itself.
Problem is, this is the OTC and this used to be in the penny area... So folks think stocks have to rise hundreds of percentages every month.
As of close today... We're still up 329% from January 3rd.
I admit, I bought more shares above $1.00 too -- so that sucks, but doesn't mean I'm in a panic thinking I'll never see a return on those shares.
In fact, I'm still just as confident in 100%, 200%, etc. on those $1.20 shares. IN TIME.
Quarter 3 should be beautiful. Can't wait for more good results with Multiple Myeloma.
Well, the thing is... News coming in the near term is the type that finally shows revenue is around the corner. That's what should stabilize things a bit. IMO, of course.
EXACTLY. $85,000 on the Bid not long ago.
Weird, I wonder why anyone would want to load up with such big bids? :)
They know...
Hahaha.
Are you assuming we won't have a single update by next month on the final study results? An update on the "negotiations" from the interest world-wide?
June is the end of Q2 as well, that means product could finally start shipping soon after. Therefore, more updates on launch timeline.
More updates on the "other skin conditions" they were going to go after with additional Topical Creams.
False. Misleading. Incorrect.
This was never a P&D. We KNOW there are updates coming because 8Ks have told us that.
- Study/Trial Results to be published
- Negotiations being made
- Additional trial for Multiple Myeloma starting
- Additional trials/strategy being put together for "Other Skin Conditions"
Know what you own, folks. Relax. It's not October yet. Most of you Longs claimed you invested for what's coming late in the year and into 2018... Plenty of time for many of those gaming changing catalysts.
MedMar is neutral news. They were in a single state at the time. USA is a mess for Marijuana, but that may be changing soon.
OWCP will start it's sales attack in Europe/Germany, I believe.
We have time to let the USA figure things out and make Marijuana LEGAL -- then it will become much easier to land distribution deals that cover the ENTIRE COUNTRY.
But, sure, shorts can still have their fun until more solid news arrives.
Could be any day, but definitely getting closer and closer to more solid stock prices as revenue nears.
OWCP at $0.88 definitely has 10 Bagger potential!
Lots and lots of verifiable DD at www.OwnTheFloat.com -- you can see the breakdown of 8Ks and stuff and they're all linked to the original, SEC document at OTCmarkets.com.
Look at AXIM for an example of Market Cap potential. They won't have a product done until late 2018 or early 2019, yet they ran to over a $1B Market Cap a few months back.
OWCP will have its first product out, generating revenue, by Q3 of 2017.
OWCP announced today they're starting the next round of studies on Multiple Myeloma (Cancer) due to their promising results in the previous in-vitro testing -- 100% of stagnant cell death in 60% of lab mice within 24 to 48 hours. This will likely end with Orphan Drug status and FDA Fast Track approval.
OWCP will announce within May or June their plan to expand their Topical Cream line to OTHER skin conditions and disorders. So, one cream became SEVERAL creams.
OWCP's Patent Attorney said, "OWC is zealously creating and guarding a formidable IP portfolio"
GWPH has a Market Cap of over $3 BILLION with a single approved product, big losses, and only $14M revenue.
So, comparing OWCP to AXIM and GWPH... I just don't see why OWCP can't run beyond $8.00 with revenue and a very possible, highly effective treatment (CURE) for Multiple Myeloma.
BOOM!
Patience will pay. I say 10 Bagger from 0.88 based on the above news becoming reality. All the previous 8Ks/updates point to PROGRESS of meeting their goals.