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Been holding over a year now... I'm with you. My point to determine when I would sell was after we had data and the next consideration was when we had revenue. I've held to that and will continue to do so. I'll determine at what price point to start selling some shares at that point but I only see at most 20% of my holdings being sold in the 7 to 10 dollar range. The rest will be held for higher levels.
From what I understand OWCP leadership is doing some traveling this week... a little early for the conference. What I can say is that it's a little more than a guess or shot in the dark and less than knowing any details. Call it intuitive and deductive reasoning if you will.
I don't expect news before the conference. I haven't... and I think those who bought for that reason will be disappointed. I do expect to hear so huge news with blockbuster results in the next couple months, and I also expect to hear about some very lucrative mile stones and strategic partnerships.
I can say this... There are very big things in the works. I know without any doubt that OWCP has some great meetings this week and next and if deals are reached they have huge potential to bring revenue very soon.
We may not hear anything by the conference and that is fine with me.... There is a saying... loose lips sink ships. Well OWCP leadership realizes this and our ship may be riding low in the water but thats because of the riches she is carrying and not because of any leaks. When people are surprised by OWCP they will rush to get her treasures and we are first in line.
Oh don't get me wrong. I'm not selling a single share and I have several 100k. Just will spend less of a focus here over until some of this crap clears up. I'll be at the Wallstreet Conference
What a freaking joke. Israeli's should be pissed.
Before the ministry representatives could even present their arguments in favor of the plan, among them an expected annual windfall of one to four billion dollars, Netanyahu said Trump had called him and made clear his general attitude against marijuana exports, the report said.
http://www.jpost.com/Israel-News/Benjamin-Netanyahu/Report-Netanyahu-nixes-medical-marijuana-export-because-of-Trump-540996
Back to crypto focus for me. Huge things happening this year no matter what international governments try to do.
What a freaking joke. Israeli's should be pissed.
Before the ministry representatives could even present their arguments in favor of the plan, among them an expected annual windfall of one to four billion dollars, Netanyahu said Trump had called him and made clear his general attitude against marijuana exports, the report said.
http://www.jpost.com/Israel-News/Benjamin-Netanyahu/Report-Netanyahu-nixes-medical-marijuana-export-because-of-Trump-540996
Well this isn't good.
https://www.leafly.com/news/politics/trump-pressured-netanyahu-to-stop-israeli-cannabis-exports-reports-say
Trump will not get re-elected because of this kind of crap. Just makes me hold long longer if needed... means we will be further along in development.. etc. When OWCP does pop it will be huge.
Thats pretty powerful technical if we can make the flip. If that happens it's about to go from being a cold market to hotter than the sun just on technical.
Well yesterday the 15 minute said buy and everything else said sell.
Today... all say buy except for the monthly... and that will likely change in the next few weeks. For those who like technical trades... this looks at several indicators. I hold OWCP... I do not flip it. But thought I would post this for those interested.
https://www.tradingview.com/symbols/OTC-OWCP/technicals/
They can buy or they can sell. Nothing wrong with that but flashing large blocks of buy or sell orders is illegal.
Thats an illegal move on a regulated market. See it all the time on the crypto market though... What that means is that Nite wants people to think it's safe to buy... without buying themselves they are trying to push the price higher. That is complete market manipulations and is illegal on OTC. That said... I rather have them pushing it higher... They likely are loaded and trying to get the golden cross to form. Alternatively... they are trying to pump it up to dump there shares. (I don't think that the later is the case though).
Looks like golden cross is only a penny from meeting. Soon... very soon.
Last year was a bust because of the leadership team. OWCP frankly messed up big and they payed for it. We may have cutting edge science in the MJ world of pharma but when you get a clown up there saying your going to be larger than GW and joking about a 2ft blunt and that's about all an investor can make heads or tales of... then your advisory board member gives a book pitch... Well I'd short the hell out of it too.
Last year they were a joke and we the shareholders paid for it. This year we haven't see a run up because those who will be there wonder why the buffoons would even show back up. They arent going to be investors to run the share price up until after they hear our new team speak.
Even without great news before the conference... all they have to do is report on their timelines and accomplishments and speculate a little on how effective things will move through and the investors will rush the stock.
I'm looking forward to the conference and hope to meet the other investors with OWCP and if any are with NTVA also.
Set some alerts and walk away for awhile. It's ok OWCP will still be here when you get back. If you are afraid it's going to tank then set some limit orders... if you are planning on selling in multi dollars I think your alerts will let you know when you start to get close.
Are we really going to have an argument about the meaning of what they said. I mean should they have said we will report on 1/31/18 at 1200 hours on EST according to the atomic clock.
Q1 or early 2018 mean nearly the same thing. Actually I would even give them the first month of Q2 for early 2018.
I agree... the OWCP of 2016 and half way through 2017 couldn't keep a deadline if it meant that is the only way they would live another day. That said... the leadership today is not the leadership of that time and they have shown to be right on time with their marks.
I was considering selling shares because of the mgmt team and failed performance before this team formed. I'll give them more time and as long as they honor (within reason) their commitments and timelines I will remain a long.
A little birdie through the underground grape vine told me that OWCP might have a meeting with FDA in Feb to discuss orphan drug study for MM.
They are all corrupt. Hate to say it but likely isn't a honest one among the bunch. Just sad the state of the government. They act like entitled children who can't share and rather throw sand at each other in the sand box. Just sad, and it's been that way for years.
Was listening to a informal conversation between experts a few days back and the topic was trade laws, exchange rates, and interest rates and what it was doing to the various countries involved. It was pointed out that the current US policies and new tax codes are a continuation of moving money our of savers hands. Then the joke was made... but who is the US saves anymore.
Here is to hoping that we all make enough with OWCP that we can start or continue our journey to the "protected" class.
Gary... I agree but since our new chairman we haven't pushed the allowable deadline.
Early in my career I was a pharma chemist and have a strong medical background We have no information yet but this is one of the areas of focus I plan to inquire about at the conference. They may not be able to share the results but they likely could share their confirmations.
It will be a fun meeting. Please PM me is there is something specific you wish to know about. maybe between Cherry and myself we can get some clarity.
Still think this is going to be a great meeting and won't be like last years.
The last update from our Chairman was Sept 14th. In the first line it states "Following my recent appointment as Chairman at OWC Pharma (OTCQB: OWCP), it is my pleasure to introduce myself to you and to initiate a new tradition of biannual shareholder update letters."
I don't expect an updated letter until mid March. Though I do expect we will hear that some milestones noted in timelines and in this letter have been reached.
Everyone would do well to go back and read this:
https://www.prnewswire.com/news-releases/owc-pharma-issues-chairmans-letter-to-shareholders-644386203.html
There is money to be made here but this isn't a pump and dump. We will see ups and downs yet and could for another year. Though I highly suspect we will be trading in dollar land soon.
I'm not holding my breath that we will have news before the conference and I don't think anyone should. I doubt anything unannounced will be shared where they would need to give a press release. That said... with this leadership team... I don't think this conference will be uneventful. I believe that the presentation style will be one of a Nasdaq level company and not some mom and pop off the street.
Let me put it a different way. There is a chance for questions and if it is anything other than impressive being that there are a few of us shareholders in the room, I'm sure they will feel a little heat.
Our new board member is the wild card. I'm hoping we all walk away from the conference wanting to put another 100k in them. Because if I want to put another 100k there will be others there who want to put millions into them.
I am also a large shareholder of Friedlands company. There is a difference but have wondered the same thing. Friedland with his background might not know the steps from the pharma side but he knows how to manage and control investor relations. That is a BIG part of a CEOs role. I hope to learn more about this change as well.
I would agree. I know you went last year Cherry and brought us back the details. They didn't know how to present or what to talk about... But here is the difference. It's nearly a whole new leadership team with proven track records. I'm expecting a different presentation and a different response this time. I hope to be able to meet with them at least briefly to hear their elevator pitch and ask them some more detailed questions.
I believe we will hear something prior to the conference. Golden Cross is near. But we need fuel to push us up hard past it once we do make it. I suspect sometime in the next few weeks we will see it form.
I told myself last April that I would not sell until there was product being sold and revenue and that hasn't changed at all. I will however be at the conference and am very interested in hearing what OWCP leadership has to say.
Final price target for me is 35 dollars and a couple years. I start selling 10% at 7-10 dollars which I expect this year at some point. The only reason that I am selling at 35 as my last price is because I'll be 35 and have sold sequential increments of over 5 million and I have desire to be greedy. It will go higher. But I will retire.
Golden Cross Thursday or Friday.
Best advice... Don't chase rockets to the moon and don't try to catch falling knives.
Look for companies who have a steady base, pulled back off all time highs and have bounced off the upper limit of the last consolidation. Look for good leadership and spoken timelines that are reasonable.
I.E. not is the right time to be in OWCP. You will get your money back plus some.
But I'm right there with you. I have some shares from 3.20 cents. and the above is what i've learned in the last year of stock and crypto swing trading. And I've held my OWCP despite being down because I knew she will go back up plus some within time.
So what your saying is that we are being stretched out for an explosion northward.
I plan to be at the wall street conference. I am looking forward to hearing what they have to say. I'm also interested in learning more about their PR and shareholder sentiment solutions for once they are ready to move forward.
OTC doesn't trade on charts like the Big Boy exchanges. Sentiment has a lot to do with how we have been trade. In the end people don't care about the past if they are making money. But it's hard to get the ball rolling to PPS rise with poor sentiment.
Management Reset expectations in July. They made it clear. If people are upset now and were invested in July then they really can't blame OWCP leadership.
That said... these are smart guys. I'm sure they recognize the value in perception
Oh I love the post and appreciate the eagerness and enthusiasm. I'm right there with you. I just don't want to give the wrong impression to anyone who might be new here that they can expect a 100% increase every day for the next year. You know... because it's a OTC penny stock and that's what these type of stocks do every time a company gives an updates on the secretaries bathroom schedule.
Begging for news on this forum will get you no where. OWCP will do what they need to for the ultimately success of their business. Today or in 6 months or a year it doesn't matter. The real question to ask yourselves is why do people of the caliber of our management team and board members quit mid to high 6 and even 7 figure jobs to be part of OWCP.
I hate waiting... I hate seeing the price drop... I hate being red. I appreciate all the enthusiasm but I'm reading between the lines. I may not get the return I want in the day, week, month, or at this point the year I wanted it but I will be rewarded well for my patience.
Holding long and strong.
Fully Support this. Wish everyone would send letters to their representatives like this.
Yes Session is a Weasel and is a Yes man but at the end of the day you can't fault him for doing his job. And that is to enforce the laws. Problem is here in the states we don't have representatives that do their job. They act like kids and stomp their feet and throw their hands up in the air and yell.
Its hard to believe that one of the first truly bi-partisan bills to be legislated in YEARS could be legalization of Marijuana legalization.
I don't like Sessions at all but in some regards I can't fault him for doing his job. Now is time for the rest of our legislative system which hasn't known how to do their jobs in decades to figure it out.
The will of the people is what needs to fought for or the will of the people turn against those who do not uphold it.
You obviously haven't read any of the quarterlies then.
So this is interesting.... Here is Hannah's closest professional relationships. https://relationshipscience.com/connections/hannah-feuer-p3852548
One is the CEO of Futuragene... Check out what they do
http://www.futuragene.com/en/default.aspx
FuturaGene’s technologies address critical challenges of plant yield enhancement and yield protection. We harness biotechnology to ensure the security and sustainability of Fiber, Fuel, and Feed.
OWCP starting ensuring genetic purity for it's plants for key component yields?
Leon's info looks interesting just wonder why it's showing up on WSJ and not an announcement from OWCP. Also saw there was a Hannah on there. Don't know much about her either.
OWCP is waiting to hear from FDA about orphan drug study before they publish a timeline. Should know something by end of February I would think.
Something big coming this week. TSX... Meeting with FDA for Orphan Drug Study approval, Cream results published, Partnerships, Product Orders.... Something big is coming this week but what will it be.
Gary,
Yes he can not use budgeted funds for prosecution but under the forfeiture act these are not budgeted funds and are allowed to be spent on things the agency having seized the assets sees fit to spend them on.
For instance and this might be extreme but if a federal agent pulls you over for going 5 miles per hour over the speed limit they could seize your car.
Essentially Session created his own method of funding.
Gary,
Though I agree with you that Congress may in fact not provide funding for prosecuting MJ cases I really don't think it matters at this point. My reasoning is the the DOJ under Session reinstated asset forfeiture. Essentially... Go bust some Green Cross stores... seize the realestate, assets and funds on the site... pay for the prosecution of those involved and then pays for other prosecution.
https://www.cbsnews.com/news/sessions-signals-more-police-property-seizures-coming-from-justice-department/
After all Sessions has to fill his private jails so he keeps himself and his buddies in profit.
Just in case anyone feels like participating.
https://pac.petitions.moveon.org/sign/its-time-to-reverse-decades?id=-19523962-=fo31V&source=share_chain
Sessions... Sector wide sell off.
Not worried. We will have legislation to legalize in the US before the end of June.
We should all reach out to those who represent the people. We should include in the emails this: