Replies to post #107270 on OWC Pharmaceutical Research Corp (OWCP)

[mariosmack]

It won't take much to reset the RSI. Although it is oversold, if it hangs around here, then goes back up to .31-.33, it will be ready to tank once again.

Also, when support points break, they become resistance, so .31 is now resistance LOL.

Yeah if there is any stock that is in PRIME shape for shorting, this is the one. I'm a bit disappointed that I can't short this, but anyone who decides to short OWCP has my best wishes.

My target for a short attack would be around .33-.36, but I would say that if it hits .34, just short as many shares as you can and don't worry about a dead cat bounce because we WILL see .25 at some point.

Scared covering and scared selling are in the same boat, on this particular stock. This is one that will not burn shorts since even the longs are disappointed with the company. What we have seen since .59 is long-dumping. This is all long-dumping.

#LetsGoShorts
#NeverOWCP

[mariosmack]

Fact that I can't short OWCP is disappointing. There will never be a better time to short this trash ticker than now. With formidable resistance at .38 and a failure to bust through despite so many times testing this number, it is pretty much a given that this hits .30 before .50.

I really hope that enough people short OWCP and enough shares get shorted, because we really need a strong short attack in order to put OWCP in its rightful place.

Warning: The fact that I can't short OWCP makes me feel so irritated that I am tempted to just buy OWCP because I "have to do something". This is a very common mental trap, but I'm not going to budge. Buying OWCP today will prove to be a fatal blow to my account, so I will hold strong and wait on the sidelines.

#OWCPShort
#NeverOWCP