Who would of thought on 4/20/18 (Cannabis Day?) we
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Posted On: 04/21/2018 9:47:07 AM
Who would of thought on 4/20/18 (Cannabis Day?) we would have the lowest volume day (235,213) since 9/09/16 (12,000)? Did someone hit the "RESET" button?
So lets see
9/09/16 pps 0.019
9/12/16 pps 0.007
9/27/16 pps 0.003
10/21/16 pps 0.214
11/18/16 pps 0.084
2/22/17 pps 3.23
4/20/18 pps 0.247
So does this mean we drop to 0.039 in 3 weeks and go up to 41.99 in 5 months? Those are the prices per share we would hit if the same ratios happened in the same order.
I seriously doubt that would happen again (especially without Friedland) and hope we don't see 0.039, but would love to see 41.99.
Just some history and simple math analogies and in no way any predictions. However if someone wanted to take the time and do some more complicated math they could use the last 2 years of pps and volumes to import to an Excel spread sheet to figure out the average price paid per share and determine what price we should be at from this.
https://finance.yahoo.com/quote/OWCP/history?...equency=1d
Remember low volume pps is always different from what the price is worth, since the true value of this stock is the average of what was paid for it, and soon any investor who wants in will be paying a lot more. If no one is selling and no one is buying, supply and demand are in equilibrium and we have low volume and random pps changes. When demand becomes high, and it will on the next good news, then we HAVE A HUGE RUN!
GO OWCP $$$$ ♥♥♥♥ SLOW RECOVERY TO HUGE RUNS COMING ♥♥♥♥ $$$$
So lets see
9/09/16 pps 0.019
9/12/16 pps 0.007
9/27/16 pps 0.003
10/21/16 pps 0.214
11/18/16 pps 0.084
2/22/17 pps 3.23
4/20/18 pps 0.247
So does this mean we drop to 0.039 in 3 weeks and go up to 41.99 in 5 months? Those are the prices per share we would hit if the same ratios happened in the same order.
I seriously doubt that would happen again (especially without Friedland) and hope we don't see 0.039, but would love to see 41.99.
Just some history and simple math analogies and in no way any predictions. However if someone wanted to take the time and do some more complicated math they could use the last 2 years of pps and volumes to import to an Excel spread sheet to figure out the average price paid per share and determine what price we should be at from this.
https://finance.yahoo.com/quote/OWCP/history?...equency=1d
Remember low volume pps is always different from what the price is worth, since the true value of this stock is the average of what was paid for it, and soon any investor who wants in will be paying a lot more. If no one is selling and no one is buying, supply and demand are in equilibrium and we have low volume and random pps changes. When demand becomes high, and it will on the next good news, then we HAVE A HUGE RUN!
GO OWCP $$$$ ♥♥♥♥ SLOW RECOVERY TO HUGE RUNS COMING ♥♥♥♥ $$$$
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