OWC Pharmaceutical Research Corp (OWCP): No one was 'eager' for anything....

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Re: Trutta15 post# 145553

Friday, 07/27/2018 8:30:34 AM

Friday, July 27, 2018 8:30:34 AM

No one was 'eager' for anything.

As part of expected DD you look at a company's projections and statements.

The COMPANY made SEVERAL statements that the cream would be sold in various countries on various dates.

That would have generated revenue for the company and lead to a stable share structure.

Now shareholders are facing a LOT of dilution just to get the studies started.

Why would an intelligent investor buy now when the next milestone will be the BEGINNING of Part 2 of a safety study in 4-6 months.

You can put your money to use elsewhere for 2 months and buy in then...maybe.

This is still a falling knife with no imminent news and plenty of dilution on the way.

Why do 99% of day traders lose money?

They trade on a fundamental misconception about the nature of stock prices, namely that they are somehow persistent and predictable.

In other words, they pattern trade until they lose money. 99%.