Replies to post #113009 on OWC Pharmaceutical Research Corp (OWCP)

[Investorr]

It was a pump and dump. Multiple penny stock promoters pushed it at the same time. When people figured out there was no revenues, they all sold.

[DuckDuckGhost]

It reached 3.00 because everybody thought that product would be out by the summer. The election ballot questions on mmj also had an effect.

That rise in February was also due to the conference on 3/1. People thought that at the conference institutional investors would buy and this would go up. When the conference failed to impress, everybody decided to sell. We never saw 2.00 again.

As to why it continued to tank, there was a post on this board a while back with this link. I found it very helpful:

[Markvee84]

It's been said many times before but keep in mind it was ihub users that pumped it. Not owcp management. And no insiders sold their shares at 3. So the P&D wasn't from the company. They're now closer than ever to many goals they've outlined. Everyone is waiting for the next news release....

[69mustangmach1]

I think its called ----> speculation;

1:the forming of a theory or conjecture without firm evidence.
"there has been widespread speculation that he plans to quit"

2.investment in stocks, property, or other ventures in the hope of gain but with the risk of loss.

That answer your ???????????

[Gonfishun]

I suggest doing your own DD on the company, read the k's and q's before taking anonymous posters word ..

Look at the credentials of the people involved with the company.Also note no forms 4's have been filed.

[Mistafixit]

We just ran too soon. OWCP had multiple conferences early in the year that investors became excited about. Efficacy study was to be completed around the same time and many thought it would be announced at the conference. The results were never announced besides saying the cream improved Psoriasis markers bt 70%. OWC's results were so good they filed for three patents to protect the product. The company has been quiet for months and share price has dwindled to where it is today. I expect deals are being made behind close doors IMHO. $OWCP