OWC Pharmaceutical Research Corp (OWCP): Since the cream sales are many months aw...

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mariosmack

Re: moxa1 post# 112378

Saturday, 09/02/2017 9:55:31 AM

Saturday, September 02, 2017 9:55:31 AM

Since the cream sales are many months away and since the management has been lying to the shareholders, they cannot be trusted. You are better off waiting even if there is a gap up on the day of the announcement since that price will probably still be lower than today's price.

The key is that there is so much time to tank even more. Right now, we are at .30. 6 months from now, we could be at .08 and a cream sales gap up could bring this to .12. That's just an example. In reality, OWCP is expected to go subpenny and no cream is expected.

I say, don't buy a single LONG share now and if you lose your opportunity, so be it.

99% of penny stocks are pump and dumps, yet 100% of penny stocks pretend to be in the 1%. Contracts, patents, mergers, partnerships, and other such news are usually "too good to be true" and should be looked at in detail. The source should also be vetted.