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I suspect another run to .18-.20
Wow, nice buy at the ask for 53k shares. =)
Buy folks... seriously, get in and hold.
Yes, it's good news. We're getting free shares of another company that has an arrangement with PURA, and some here will still make it seem bad. LOL
About to run up 10-15%+ by EoD.
.12+ by end of day, minimum. Likely .125-.135. Dividend tomorrow.
The PT is .25. Back to .13-.15+ today/tomorrow.
Look at the chart from Oct. 10-15. It ran from .0665 to .2090 over a four business day period. This news will likely duplicate that... running to probably .20+ by tomorrow or Thursday at the latest.
Selling at the open would be foolish, as this should continue way up. But there will be those that do sell and will instantly regret it.
I feel you. I'm long in OWCP and feel strongly they're going to pay off quite handsomely. Check them out... it's a real good time to get in as they are presenting at a conference this week.
The chart shows a possible .14-.15+ or even higher.
We could see a run up to .20+ with the conference, presentations, and meetings underway today through Thursday. https://www.marketwatch.com/press-release/owc-pharmaceutical-research-corp-to-meet-with-investors-researchers-and-business-partners-at-2018-mjbizcon-revealing-the-testing-of-novel-formulation-for-multiple-myeloma-therapy-2018-11-06
During MJBizCon the company's management will hold meetings with investors, researchers and business partners as part of the company's on-going product commercialization efforts in north America.
With regards to the successful tests of its innovative delivery formulation aimed at Multiple Myeloma therapy. This newly developed, highly concentrated, formulation, OWC-1808, was administered in vivo in an animal model for the first time and was found to be safe and tolerable. This breakthrough formulation will allow the delivery of very high doses of CBD and THC with exceptional bioavailability.
Dr. Stanley Hirsch, the Chairman of OWCP said: "This is an important milestone in our pre-clinical development of cannabis-based therapies for Multiple Myeloma. This incurable blood cancer effects about 30,000 new patients a year in the USA alone. Cannabis-based therapies represent a new frontier in fighting this disease and this potentially moves cannabis from being a cancer palliative to becoming a cancer therapeutic."
The PT is .25, and will hit .15 again by month's end, if not today/tomorrow.
Pre-market should run over 7.00, and the AM will be interesting to see if it will get to yesterday's high. I believe it will.
With the conference starting this week, we could see another run up to .20+, maybe Monday or Tuesday.
Nov. 13th last year, the run WAY UP began. The Conference is slated for November 14-16 next week. Get in now.
Yes, we could see a late day retrace up.
Pushing thru the Ask at .175 will see this shoot back up towards .19-.20. There are not a lot of shares on the Ask side until about .2050+
Could see a push up to over .12+ today.
PURA keeps doing the right things. Impressive.
Having the Bid hold over .20 is key today. This is a stock that will be worth multiple dollars in a relatively short time frame, if all goes as most of us suspect. It may see some resistance at .23, looking at the chart, but we'll see.
Sure, most agree that $1.00+ is coming... but will it be November, December, January? Regardless, this is a GREAT buying point. The chart shows that clearly. In time, $1 per share will be old news when we're looking back at it from $10-$20 PPS.
The chart shows resistance at .23, but if it breaks over and holds, LOOK OUT. People may feel that talk of dollars as a PPS are fantasy, but the reality is this has run to $3 before and with any strong news, we could easily break that again. $5-$9 per share is quite possible in time.
W/ Sessions out, CNBX should finally break .60+!
A lot of buys here late in the day.
News: OWCP to meet with investors, researchers, and business partners at the 2018 MJBizCon November 14-16 revealing the testing of novel formulation for multiple myeloma therapy. https://www.prnewswire.com/news-releases/owc-pharmaceutical-research-corp-to-meet-with-investors-researchers-and-business-partners-at-2018-mjbizcon-revealing-the-testing-of-novel-formulation-for-multiple-myeloma-therapy-300744688.html
During MJBizCon the company's management will hold meetings with investors, researchers and business partners as part of the company's on-going product commercialization efforts in north America.
With regards to the successful tests of its innovative delivery formulation aimed at Multiple Myeloma therapy. This newly developed, highly concentrated, formulation, OWC-1808, was administered in vivo in an animal model for the first time and was found to be safe and tolerable. This breakthrough formulation will allow the delivery of very high doses of CBD and THC with exceptional bioavailability.
Dr. Stanley Hirsch, the Chairman of OWCP said: "This is an important milestone in our pre-clinical development of cannabis-based therapies for Multiple Myeloma. This incurable blood cancer effects about 30,000 new patients a year in the USA alone. Cannabis-based therapies represent a new frontier in fighting this disease and this potentially moves cannabis from being a cancer palliative to becoming a cancer therapeutic."
Last year's Nov-Jan ran way up steadily. We'll get to $1 plus by Feb.
.25 Price Target and a dip= great buy.
Agreed Cherry. This will be well over .25 soon. $1 and more will follow.
OWCP will see a notable (.20+) PPS rise soon.
We should see a rise to .11-.12 tomorrow (potentially even higher). Furthermore, I'm pretty sure this'll challenge .20+ by year's end. Way too many legit reasons for major PPS gains to sell at any point in the near term.
Buy now and get about a 40% gain (ROI) when this pushes back up to .10+
The Ask is thin up to .1678... even on low volume days, it can run up.
Agreed Cherry. Any day the news will come in or just run up via manipulation. Either way, hold your shares.
Look at the chart from July & August. It should retrace up, bouncing off support at .1450.
We're bouncing off support. I look at this like a tightly wound spring... about to uncoil.
Great news moxa1... we're well-positioned to see a nice rise (.17-18+) in PPS in the short term and a HUGE rise long-term.
Patent Granted in South Africa for Its Personalized Cannabinoid Based Diagnostics! https://www.prnewswire.com/news-releases/cannabics-pharmaceuticals-granted-patent-in-south-africa-for-its-personalized-cannabinoid-based-diagnostics-300737799.html
TEL AVIV, Israel and BETHESDA, Maryland, Oct. 25, 2018 /PRNewswire/ -- Cannabics Pharmaceuticals Inc. , a leader in personalized cannabinoid medicine focused on cancer and its side effects, announced today that it has been granted its patent for its core technology by the South Africa Patent Office. Following the patent's approval in Israel in September 2018, this patent encompasses the systems and methods required to produce data on the interaction between different cannabinoids and cancer cells. This technology enables screening the effects of a multitude of compounds derived from the cannabis plant on cancer cell lines and biopsies. The technology will facilitate the development of more accurate cannabinoid compounds designated for specific cancers and specific genetic profile of patients, and at the same time will serve as a source for supportive data for cannabinoid-based treatments.
"In South Africa, a recent ruling by the constitutional court made it legal for adults to cultivate and use cannabis in private in their homes, paving the way for better access to cannabinoid compositions," said Dr. Eyal Ballan, Cannabics co-founder and chief technology officer.
We should see a push up into the .17's, at least, and perhaps notably higher.
Awesome! This is more positive news for we longs!