I beg to differ. They can drop several hammers while we wait for final efficacy results.
They can initiate a suit against the law firm. They can disclose new patents (they are ready to market the delivery systems, which means those delivery systems are finalized, which means they filed for final patent protection). They can disclose terms of the consulting agreement with the 3 US States that hired them for their expertise with MMJ. Headline: "Florida hires Israeli MMJ Experts OWCP..."
I can name another six items of interest OWCP could easily drop in the coming weeks.
IMHO the Shorts are totally lacking in creativity and foresight.
$OWCP is a small, cautious outfit and they think everything through very carefully. It's simplicity to do good DD when you understand how a company operates. To me every 8-K is as clear as day.
Take the new Instagram account today. Why did they open an Instagram account? To show pictures of themselves and their advisory board? Hardly. Before/After photos of psoriasis sufferers will be dropped in coming months.
Does OWCP seem like the kind of company that pays for marketing? Nope. They will be using social media- FB, Twitter, Instagram- which costs nothing and will spread to thousands like wildfire.
Today's 8-K shows they are now eyeing the Asian markets. MMs respond with a 9% drop. It's absurd.
So, ask yourself, does OWCP's psoriasis creme being sold in EU, US and now Asia warrant a 9% drop? OR is it more likely the MMs are shaking the tree so they can to go Long themselves?
When you look at the 8-Ks, and then look at the charts, you have to think to yourself the MMs are either idiots or geniuses.
Being that these are likely the very same MMs who traded AXIM (because MMs are generally assigned by industry), do you honestly think they don't know what will happen when OWCP drops final efficacy results?
My thought: The MMs know exactly what's coming and they are shaking the tree, hard, to free up shares.
