Welcome, there are a lot of smart folks here to he
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Posted On: 03/09/2017 7:37:39 AM
Re: hopeful123 #1243
Welcome, there are a lot of smart folks here to help all.
I can only speak for myself, but I currently have an order in for $1.10 in an IRA account because I think it will dip before going up. You must decide where you are comfortable. My buys were at 2.66, 2.11, 1.97, 1.78, and 1.37. I am very comfortable where I am and if I had more money in my free trading account, I would buy more there.
As for the company, nothing has changed and they are one of only a hand full of MMJ companies that are true bio-tech in a brand new market.
I post this on iHub but near term here is why I feel confident about the ultimate long term stock price goal and these are only short term events:
1.Efficacy results in March
2.US Clinical Trial begins (Maybe end of March but no later than mid April IMO to be completed by target date)
https://clinicaltrials.gov/ct2/show/NCT029767...amp;rank=1
3.Clinical trial ends in July and results are submitted to FDA.
4.The cream will be on it's way for FDA approval probably under something like the cosmetic act.
https://en.wikipedia.org/wiki/Federal_Food,_D...smetic_Act
https://en.wikipedia.org/wiki/Drug_Efficacy_S...ementation
5. ETF Listing-->Already done, could hear more around May
6. NASDAQ uplisting when the time is right
I can only speak for myself, but I currently have an order in for $1.10 in an IRA account because I think it will dip before going up. You must decide where you are comfortable. My buys were at 2.66, 2.11, 1.97, 1.78, and 1.37. I am very comfortable where I am and if I had more money in my free trading account, I would buy more there.
As for the company, nothing has changed and they are one of only a hand full of MMJ companies that are true bio-tech in a brand new market.
I post this on iHub but near term here is why I feel confident about the ultimate long term stock price goal and these are only short term events:
1.Efficacy results in March
2.US Clinical Trial begins (Maybe end of March but no later than mid April IMO to be completed by target date)
https://clinicaltrials.gov/ct2/show/NCT029767...amp;rank=1
3.Clinical trial ends in July and results are submitted to FDA.
4.The cream will be on it's way for FDA approval probably under something like the cosmetic act.
https://en.wikipedia.org/wiki/Federal_Food,_D...smetic_Act
https://en.wikipedia.org/wiki/Drug_Efficacy_S...ementation
5. ETF Listing-->Already done, could hear more around May
6. NASDAQ uplisting when the time is right
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(0)OWC Pharmaceutical Research Corp. (OWCP) Stock Research Links
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