InvestorsHub Logo
Followers 34
Posts 2222
Boards Moderated 0
Alias Born 07/28/2017

Re: None

Wednesday, 12/20/2017 4:11:17 PM

Wednesday, December 20, 2017 4:11:17 PM

Post# of 203912
From what I see, watching over 100 cannabis stocks and closely monitoring the average index growth over the past months, and analyzing the growth of other stocks in the sector that have bottomed out and bounced, I can safely say it's a fact that it's statistically probable that OWCP will head upwards from the 30's. If it dips quick to low 30's, it's gonna bounce and get up to .40 fast and then move up. The pps is too low for the sector by comparison, I think the only reason it went under .40 is the discontent for the management's silence and uncertainty of why. Once things become more clear, even if it's a simple 8k, announcement or whatever, the price will head to the .50's pretty fast. But statistically, it will head up as the end of year gets closer (closer to Jan. 1).

I repeat, it is STATISTICALLY PROBABLE, I'd estimate about 70-80% chance it moves up from the mid 30's, 20-30 % chance it hits low 30's first (without any news).

x100xPercent