OWC Pharmaceutical Research Corp (OWCP)

[thestreetlawyer]

Iv been away all day so I haven't caught up on the board since after hours news dropped (I posted it first and am proud ;P) . I will say that its great to see an update from the company and great to see a continuation in the after hours news trend OWCP is famous for.

here we have:

The Company actively protects its IP and will release the final results, relevant protocols and clinical data after the completion of the full BIO-DATA IP PROTECTION

This makes perfect sense. to not release anything proprietary before you have the proper protections. The OWC team has been out to build and improve the company since iv stared following it in October 2016. They are not concerned with the pps.

I previously predicted a slow reversal back to a base in the 1.20 to 1.30 area. Slow, as to not arouse suspicious that takeoff is imminent. With this update though, I feel its far more likely we gap back into that area, so traders wont have the opportunity to reenter at the midway prices between .92 and 1.20

A lot of the big institution money left at the end of the quarter, the mms soaked up a lot of shares but we still bled from the difference and scared retial exacerbated the situation. The RSI is waaay oversold. We have been overdue for our reversal for a week now. The mystical "gap" has been well filled. CNBX (another israel based mj play) has rebounded nicely in the last week. I think we are going to follow that chart after at least a 5-10 cent gap.

JMO, GL to those that rode out the dip, and gl to flippers chasing afterwords.