OWC Pharmaceutical Research Corp (OWCP)

[mariosmack]

$uperman, Wormking777, brilliant forecasting magic number= 1.10,

You 2 are brilliant to predict that 1.10 is the price to beat. I set limits of 1.10 last 2 days that expired. I am planning another limit buy order of 1.10 for the following reason:

The last 2 days, the prices have been so close without much fluctuation. When a volatile stock does not fluctuate at all like this, it is looking to explode in 1 direction or another.

Scenario 1: the only reasonable way that it does not hit 1.10 today is if it straight up does not move much, in which case, we wait another day.
Scenario 2: if it explodes up, then there will be some normal harmonic brownian motion in the beginning with enough up and down fluctuation so as to hit 1.10.
Scenario 3: the most unlikely scenario is that it goes up slightly today and does not go down more than .2, meaning a 1 way road, either up or sideways... very very unlikely.

By all probabilities, the chances of losing by setting a limit order of 1.10 or less are very slim to none. If you are going to buy, DO NOT spend a cent over 1.10.