Tuesday, May 09, 2017 2:31:21 AM
Yes and not.
If we continue this down trend, of course we will go down and down, BUT, I witnessed that any good new (or potentially good new) makes this stock skyrocket (to slowly bleed down again on low-volumen and no-news)
For example:
- OWCP cancelled the agreement with Medmar. OWCP had to return the money to Medmar, so it means OWCP has a new source of money (presumably cheaper and with better conditions). I expect a PR soon explainig this point.
- I'm also expecting news on product tests, and possibly one or several FDA applications.
- Distribution agreements. Being an international company, they can have agreements in any part of the world. Actually IMHO it's easier to get local/continental distribution agreements, so we could see PRs on this aspect anytime soon.
What I want to say, is that I expect OWCP more to be a rollercoaster with ups (on news) and downs (on no-news) than rather just a bleeding PPS...
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