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Re: ChillinCharlie post# 58295

Saturday, 02/25/2017 5:23:01 PM

Saturday, February 25, 2017 5:23:01 PM

Post# of 203913
Smart money going to that conference has already done preliminary DD on the sponsor companies. I'd be very surprised if people going hadn't already opened a small position in $OWCP. If they like what they see and hear, they will expand those positions.

It's not what OWCP is planning to present that is important at these events. It is the questions that potential investors ask that will truly drive things. People who drop a cool $1M want some face-to-face assurances.

So, Friday's 8-K was only about the SAFETY study. Remember, there is also an expanded EFFICACY study that is due "March 2017". OWCP could drop hints at the conference (while filing official news with the SEC, of course), because their appearance is around 3 p.m. and that is very close to market close. Nothing illegal of course, just a "we are anticipating releasing the results of our efficacy test any day now" would be enough IMHO.

Now there are people who attend these sorts of conferences who are very, very wealthy and there very well could be an uptick if they like what they see. Watch the tape on the 2nd and look for HUGE buy blocks.



Know What You Own. My posts should not be construed as investment advice.