Friday, December 27, 2019 7:04:21 PM
Don't worry about the traders here, most will get burned out on the big moves up when big money comes in, I think after this high volume week and end of year people will become bearish, and the price could very well take a big dip, but I don't think it'll stay down. I can hardly imagine how watching this day to day for so long has been for investors here, everyone is thinking different things about the future and reasoning behind recent price action. But I do understand everyone's goals are very different and have different types of accounts and portfolios, long term and short term, retirement and brokerage, etc. I'm able to look at a static screen 35 hours a week so I choose to trade instead of invest. On the downside I cannot make as much money potentially as an investor because my rules require me to sell and eventually a stock's price goes too high to risk buying vs other stocks. On the plus side I don't have to gamble or stress much and can day trade for a regular income and retirement savings while "slowly" growing my account.
I just try to give information from a different point of view for the investors here, not all price moves have to do with the details of a filing.. and when the price does move seemingly from one thing it may very well be for a different reason. What I see day to day I feel can shed light on some of this huge upswing... because it can't happen with all stocks worth a penny due to share structures. Even with 150 million shares coming in to the O/S, it's not gonna make a huge difference in the price action over the course of a month, maybe just the days they are converted - more of a daytrader's concern rather than the true longs. The action of the sector is much more of a concern than those shares... when there's money coming in, much will come to OWCP as well.
Best of luck to us all... I hope I'm right about this stock continuing upward next week. I think it will likely reach at least .08 next week, no guess what might happen after that if it does.
x100xPercent
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