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Cellular providers are in a bidding for 5G technologies. Very recently AT&T and Verizon got into a bidding war to acquire a company that was worth $400 million originally.
First AT&T offered $1.6 Billion, then Verizon closed the deal for $3.1 Billion!!!
https://arstechnica.com/information-technology/2017/05/verizon-outbids-att-for-nationwide-5g-spectrum/
https://www.cnbc.com/2017/05/10/verizon-wins-bidding-war-to-acquire-straight-path-for-more-than-3-billion-report.html
$SRMX can cause a similar bidding war...
It will soon look so small compared where this will be!
Market cap is only $6 million. This is significantly UNDERVALUED!!!
A partnership with AT&T by itself bring MC to $100 million. And this is minimum!
We should see at least a quarter pps soon!!!
This is amazing! I wouldn’t be surprised if AT&T takes over SRMX before it gets too big!
I think the company has many solid product / development news coming that they care too much about a new board member announcement ;)
$OWCP
They did not let that ask @ .405 get touched in the second half of the day. Even if you put an order to slap the ask, still executed at .40.
This is pure MANIPULATION!
$OWCP
Absolutely, read my previous post. I tried to slap the ask but my order executed at the bid price. Nowhere close to the ask .404 which has been sitting there for hours!
Ask has been sitting on .404 for hours and we didn’t trade above .40.
So I tried to slap the ask with a small order to see what is going on and guess what happened. My order executed at a price lower than the ask. Almost at the bid.
MMs are clearly manipulating OWCP to hold it down! Unless someone has a better explanation to what just happens to my ask slapping order.
I don’t think so, this is a great buy level and someone smart wants to at least double his money in the short term IMO.
I really think the ask at .405 is a fake wall though.
What about the “from .37 to .67 in two weeks” part? Impatient investors seem to ignore the times stock ran up but always blame the management when it traces back.
Management is not doing anything wrong. If you want them to constantly pump this with fluff news, there are many other tickers in the OTC that do this.
$OWCP
Entertaining investors is not management’ job. They put out an amazing presentation in November that clearly outlines the timeline for each product and its associated research activity.
If investors don’t know the difference between “market ready” for a licensing business and “market ready” for a manufacturing business, they should not invest in companies like OWCP.
Market ready for licensing business doesn’t mean there will be sales tomorrow. A licensing agreement needs to be reached so the licensee can market the product and sell it. These agreements are not made overnight.
The so called silence of management is 100% because they are talking to companies who are willing to license.
For those who are frustrated, the solution is simple: either be patient (if they really believe in the company) or sell. Period!
$OWCP
One thing I keep repeating is that OWCP does NOT need news to run. It is already significantly undervalued where it is now.
When expected news come, it sure will run but as people constantly set expectations on upcoming news they also create impatience.
We all need to calm down and let management do their job.
$OWCP
This is going to pop like crazy once dumb investors stop selling at .40s!
Very well said!
It is about to bounce back hard! Really hard!
$OWCP
Relax :) It can recover all that in one trading day!
GOLDEN CROSS just happened like I predicted earlier this week. This is the time to buy more!
Golden cross tomorrow!
From the full analyst report: $7 Target PPS!!!
“The company’s stock has unsurprisingly found enormous strength in the recent past. It has been powering due to the favorable impact of the company’s recent announcements and growing popularity of the industry. Consequently, analysts tracking the stock has increased their price target for CNBX shares to $7/equity share, representing 350 percent upside potential.”
Scare tactics to steal shares. Smart investors won’t fall for it :)
$OWCP
Based on my estimation, CNBX will have the golden cross this Thursday or Friday. Tomorrow or Wednesday seems a little difficult but definitely happening by the end of this week if we do not see a panic sell off like we had last Thursday.
So this seems to be the perfect time to buy. After the golden cross, the chase will be epic!
OWC Pharmaceutical Research Corporation to Present at the 2018 Wall St Conference
https://www.prnewswire.com/news-releases/owc-pharmaceutical-research-corporation-to-present-at-the-2018-wall-st-conference-668293673.html
PETACH TIKVA, Israel, January 8, 2018 /PRNewswire/ --
OWC Pharmaceutical Research Corp. [OWC Pharma](OTCQB: OWCP) is pleased to announce it will be a Diamond Sponsor at the 2018 Wall Street Conference. (http://WallStConference.com )
This is second consecutive year OWC Pharma will be attending this prestigious investment conference to be held on February 21st , 2018 at the Hilton Doubletree Hotel & Convention Center in Boca Raton, Florida.
The Wall Street Conference is one of the premiere conferences in the venture capital arena and Small Cap marketplace. Financial industry leaders from the hedge fund, investment banking, and private equity worlds, as well as sophisticated investors, attend the Wall Street Conference every year to discuss significant trends in emerging and growth industries.
Dr. Stanley Hirsch OWC Pharma Chairman commented, "I am delighted to be attending and presenting at the 2018 Wall Street Conference. I look forward to updating our supporters on current developments within the expanding medical cannabis industry in general and specifically within our company."
"It is an honor to have OWC Pharma participating again at the 2018 Wall Street Conference as a Diamond sponsor. They have a world class management team and are at the cutting edge of Medical Cannabis Research," said Jason Lyons, Founder and CEO of the Wall Street Conference.
Contact Information:
Mordechai Bignitz
Chairman and CEO
E-mail: mordechai.bignitz@owcpharma.com
Tel: +972(0)-3-770-8526
SOURCE OWC Pharmaceutical Research Corp.
Doesn’t have to be a buyout. It would be even better if Pfizer wants to license the psoriasis cream. In fact, 8k may have been filed to protect from violating an NDA in place.
Quite possibly, NDA may have also dictated OWCP not to publish official results until an agreement is made. Think about it!
This may all sound like a scenario but it is pretty good one and connects all the dots...
$OWCP
Simple, because we are undervalued!
Sooner or later, it will be there. In fact, $1 is nothing compared to where will be within the next 2-6 months.
I don’t care if it lags other companies at this time. People who wants to trade those, should go trade those.
$OWCP
I see so many tickers that are down anywhere from 25 - 40% and we are in better shape. When I posted, we were -17%.
If by any chance we close near .50, this would indicate a very strong recovery for the day. In that case we can get back to where we were as early as the opening tomorrow IMO.
Looking across all MJ and MMJ ticker as of now, OWCP seems to be one of the strongest today. So an afternoon recovery to 50s is very likely.
$OWCP
Not only OW but the entire MJ market will recover, no doubt. Sessions can’t do $hiz and this is an extreme overreaction from the investors!
This has nothing to do with the medical cannabis industry though :)
Smart investors are buying, stupid ones are selling, and the calm ones are holding!
$OWCP
OWCP mentioned in the article today!
https://www.prnewswire.com/news-releases/data-reveals-legal-cannabis-industry-projected-to-grow-668024553.html
MMs decided to make a 30% adjustment across the entire market today and unfortunately there are way too many weak hands to let this happen.
OWCP will get back to where it needs to be. I’m strongly holding my shares and not selling a single one!
Shares getting stolen! That is exactly what is happening today!
Way oversold! RSI on the 5 minute chart is 16!!!
L2 looks quite interesting 10 minutes before open :)
Look how the 200 and 50 dma are converging. The chart tells me that we should see a golden cross within the next 5-10 days!
Remember, we did not have a golden cross since November 3, 2016. Yes, 2016.
And we all know what happened to the pps shortly after that! So this is the time to accumulate as much as we can!
$OWCP
Too early for L2 but with the way chart looks, the amazing volume yesterday, and strong support above the 200 dma, I believe we’re going up today!
$OWCP
Good morning OWCP’ers! Today is gonna be a great day!
$OWCP
Once the .59 walls are down, 50 s will be long gone!
L2 is so thin back to 60s and above!