Replies to post #168144 on OWC Pharmaceutical Research Corp (OWCP)

[MjMilo]

Me thinks you have no understanding of this company and what has gone down over the past several years...but good luck to you.

[skitahoe]

I certainly believe that you're right about the industry in general, and at this point it's too early to speak about OWCP with certainty. Yes, they might move up to a few cents, a nickel, or a dime, which is a substantial move percentage wise from where we are today. My point is that when that occurs, before selling, you need to ask yourself what is the potential today. If you believe the nickel or dime reached by the company is all there is, take that percentage gain and either go, or wait for a penny plus again and do it all over again. On the other hand, if when it's at that say a dime, it's because positive things have been announced, if you like the potential of what they've announced, doesn't it make sense to either hold on, or even buy more.

I think many here were here before the stock wrose to over $3 and made the same mistake I did of not selling some at that point, but we were optimistic, and thought the potential great. Clearly we should have examined it more carefully back then. I simply believe at whatever price the stock rallies to, we need to examine it at that time, is there a real basis for believing it again has the potential to make new all time highs, or is it more likely to see new lows. If it reached a dime on no real news, I could be a trader, but if they achieve patents, if they announce or initiate trials, should they have some positive clinical, or preclinical results to announce, I'd look at what's been announced and see what I believe the potential might be.

We all have our numbers of at what point we'd be break even, it depends on how much, if at all, we averaged down. I believe the biggest mistake some people make is selling out when they've finally reached the point they're break even without asking why. If the why says things have turned positive, and they won't stop because I'm even, hold on, at least to some share, and make a profit. On the other hand if you can't find a good reason for the why, other than trading fluxuations, sell and only look back if in the future you see a reason to buy. If the price is up, but nowhere close to break even, if you see no reason it should rise further, sell and accept the loss, at least for now, and in the future if you see a reason to buy in again, do so.

Gary

[TKO600]

So,.... when,how does someone like me “get out “ ,when my average is about a buck??
If I could ever get out , with my pants on I would.
I guess I’ll just have to bite the bullet and stab my self in the jugular ,put in a sell order and spend the next 5 years trying to recoup the huge losses,,... at the hands of OWCP CROOKS.
I was counting on this one to get me retired early. HAHAHAHAHA what a JOKE!!!!!!
It turns out ..... I Glow was MUCH more correct than ALL of us !! A bitter pill to swallow since for the first two years, I was a believer and kept adding on dips..... what a DIP.
I didn’t grow a brain on this one until it was much toooo late.
TKO