Tuesday, May 30, 2017 8:13:01 AM
He also did not dispute like you said he did. He asked the question, and then said "we will see". Because he does not know.
All clay does is the very most basic of chart analysis which shows where a chart was.
He is very careful not to predict where a stock is going. He points out levels of support and resistance, that is all.
News, developments, changes is fundamentals destroy levels of support and resistance.
You are making assumptions on things someone else said, that he didn't say, and are using these fals premises as a basis for trsding. This is a very dangerous practice, and can be very expensive when your premises clash with reality.
You should research more, before you get bit badly by events.
OWCP has significant events lined up that can occure any day now. Psoriasis efficacy test results, marketing and distribution contracts, multiple mylenoma testing, and results. These are all coming. Any one can completely destroy the existing fundamentals overnight.
Some love to say OWCP has no products. Ok, fine. What gappens if today they announce the launch of their new skin cream product? Then what? Do you really want to be short on OWCP on that day? Can you say with certainty that day Will never come? Can you know ahead of time what day it will be here?
Becausr on that day, shorts will lose hubdreds of percent if not thousands while they chase tge stock, trying desperately to get out. Some people who are short that day, may make headlines from their loses. But as Clay says... "we will see"
You also might wonder where Clay is. He hasn't put out a video in a while. Considering how he does them, what little information he provides becomes obsolete quickly.
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