Curious about comparison with OWCP With it's ab
Post# of 3333
With it's absolutely phenomenal rise, it's no wonder so many are making comparisons with OWCP these days. If there ever was such a thing as an OTC gold standard, it would be hard to argue against it.
I've seen ICNB compared to it quite a few times, but never graphically like you've done. 60% better is amazing, especially after the incredible spike today.
But, in all of these comparisons, each company is unique: a mix of product, industry, market, share structure, interest, momentum, etc.
Other than momentum during the period you focused on, how are these two companies remotely alike? In terms of product, industry, market, and especially share structure, there are vast differences.
Speaking of share structure, how can ICNB's run be stronger with the float it has compared to OWCP's?
Also, ICNB is a Pink, whereas OWCP is a QB. What impact does this have? Additionally, if ICNB were to uplist to the QB, what impact would this have on share price? I'm in another stock where this happened after hours today.
You once mentioned that ICNB hasn't had three red days in a row over this period. Looking at the OWCP chart, I can see that that's also the case. Interesting! I'm hoping this trend continues (and for you and everyone else in OWCP). The weekly charts (EMAs 13 and 48.5), however, are different. OWCP has only had one red week in the past three months, whereas ICNB has had four, including two in a row currently. Thoughts?
Anyway, I've decided to stick around for the long term. There's too much going on here not to. Noise, naysayers, individual red days...sometimes unpleasant, but meh.
Let's see where we are by the summer months and at the end of the year. That should quell much of the negativity, much like OWCP today.