OWC Pharmaceutical Research Corp (OWCP)

[Triple9]

It might very well go down to around .40. If it went below that I'd even break my cardinal rule of not putting more than 10% of my funds in any single stock/etf and load up to maybe 200K shares total (I'm at 120K now, starting at .20).

However, this is an OTC QB company and they have publically stated efficacy and final safety IRB results are due March 2017.

My money is betting both results will be positive.

So, frankly, Sir, I don't give a damn where the stock trades between tomorrow and March 31. When IRB results are released OWCP won't be trading anywhere near .60.

I have other stocks I'm happy to day trade. But IRB news could come for OWCP any day, so I'm not going to flip to try to make a few extra thousand. I'm sure lots of people have made money day trading OWCP, and I'm happy for them and for the liquidity they've provided.

But OWCP is an investment for me and I'm not expecting to part with any shares until 2018 at the earliest.