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Monday, February 27, 2017 9:12:41 PM
Not saying it couldn't happen but at $50/share OWCP would be a $19 billion company. That's $19,000,000,000! GW Pharmaceuticals is only worth $3.1 billion, and they have declining earnings and revenue, no idea why tbh. http://www.nasdaq.com/symbol/gwph/financials?query=income-statement. I don't follow this company at all, so I can't comment more than what I see in the financials.
Maybe it can get there, I don't think no one really knows. This is coming from .004/share not long ago. Maybe big companies will buy out companies like this and other smaller pharma companies.
Here are the worlds biggest pharma companies. http://blog.proclinical.com/top-10-pharmaceutical-companies-2016
I hold 60,000 shares here and 5,200,000 with my other smaller pharma, VD RM, these are my bigger 2 otc/pink stocks I own.
A few others I have and a few others I'm looking at adding a position in.
My online brokerage account is just under $1,500,000, and its part because of how the markets have performed over the past 7 seven years and part because of these amazing penny stocks.
The conference March 1st will bring many more eyes here.
It's incredible how much $$ continues to flow into the pharma and MMJ space.
GLTA
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