OWCP vs SFOR.. which will reach $1 first? Diffi
Post# of 1584
Difficult to say. Here are my thoughts:
OWCP
OWCP is already at .16 cents. .84 more cents and it hits $1
OWCP has lots of momentum right now. Investors (including myself) know this sector of the market is very hot right now and will continue to be for years ahead.
OWCP has an incredibly low OS with only 81 million shares
OWCP just LOWERED the share count by 15 million. Most pennystocks raise the share count. Not OWCP.
With such a low share count, it will take absolute minimal effort to raise the share price. Plus, no convertible debt means nothing holding it back.
SFOR
SFOR already won a lawsuit against Microsoft.
SFOR will have a shareholders meeting this November.
SFOR never has shareholder meetings which means more than likely they have some good news.
SFOR is already at a penny and has successfully sustained its share price for many trading days.
SFOR's tech was infringed upon by many companies. Chances are, at least one product or service you use is using SFOR's technology.
It's possible SFOR may settle against the three companies soon.
It's possible SFOR will be bought out soon.
At this stage, and lacking the ability to see the future (I lost this ability last month) I would have to guess OWCP will reach $1 first..
..and here's why:
1. Momentum. OWCP jumped from .05 cents to .21 cents in a mere 5 trading days.
2. The chart. Oct 6 to Oct 17 shows a clear continuation pattern. OWCP closed with a continuation candle last Friday. Could this pattern continue? I think it may.
3. SFOR is expected to meet in November. Chances are SFOR won't release any new information until then. On the other hand, OWCP may release more information this and next week. Even if they don't, OWCP has momentum.
4. Share price. Many investors will not invest under .10 cents. OWCP is well above .10 cents now which means many new investors will start noticing OWCP on their stock screener software.
Conclusion:
I believe OWCP will reach $1 before SFOR.
Note:
Not written in stone. I stopped writing in stone a few years ago (rough on the fingers). Not investment advice.
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