Gary, I agree with you, anything can happen tha
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Posted On: 07/20/2018 4:50:31 PM
Gary,
I agree with you, anything can happen that's why I'm not going to get caught with my pants down (unless it's some hottie), no honestly, I believe as much as anyone here, been here since Feb of 2017 and I sit on shit ton of shares which are all underwater, unrealized, but still.
I think they've accomplished a lot too since JF unloaded and I believe we will see something soon, but what? It could be anything that we've already had, which did nothing to the share price or it can be explosive news, we simply don't know, however, if we look at where we are, we're not even out of Phase 1 and I've been in other cannabis stocks too that recently received Orphan Drug designation from FDA, all it did was 3% upside for the stock.
A lot of MMJ stocks got a warm welcome from the street back in 2017, but with no tangible results from any of them, cannabis still being schedule 1 and no revenue in sight, they quickly bailed and I think everyone's waiting for when either, it gets removed from Schedule 1 or a company can show a clear path to revenue.
I'm not talking about just OWCP here, I'm talking about all MMJ stocks as everyone that I held/hold took the same beating and I think, aligning the company with country that is supportive of MMJ would be the best approach for any company, as here, things are too unpredictable and too variable, market seems to hate the uncertainty, then add a little bit of scare tactics, and bashers control the price.
Sure, things can change in a heartbeat, but they have not and we thought they would, in about 3 months we need to pay another installment of 300k, you think we will be higher than 0.30, because I was 99.9% positive we'd be over 0.70 by EOY 2017, so I tune out a lot of noise, be it bashing or pumping, because nothing that's been said resulted in happening, if anything, I'd give bashers the edge here, unfortunate but true.
I agree with you, anything can happen that's why I'm not going to get caught with my pants down (unless it's some hottie), no honestly, I believe as much as anyone here, been here since Feb of 2017 and I sit on shit ton of shares which are all underwater, unrealized, but still.
I think they've accomplished a lot too since JF unloaded and I believe we will see something soon, but what? It could be anything that we've already had, which did nothing to the share price or it can be explosive news, we simply don't know, however, if we look at where we are, we're not even out of Phase 1 and I've been in other cannabis stocks too that recently received Orphan Drug designation from FDA, all it did was 3% upside for the stock.
A lot of MMJ stocks got a warm welcome from the street back in 2017, but with no tangible results from any of them, cannabis still being schedule 1 and no revenue in sight, they quickly bailed and I think everyone's waiting for when either, it gets removed from Schedule 1 or a company can show a clear path to revenue.
I'm not talking about just OWCP here, I'm talking about all MMJ stocks as everyone that I held/hold took the same beating and I think, aligning the company with country that is supportive of MMJ would be the best approach for any company, as here, things are too unpredictable and too variable, market seems to hate the uncertainty, then add a little bit of scare tactics, and bashers control the price.
Sure, things can change in a heartbeat, but they have not and we thought they would, in about 3 months we need to pay another installment of 300k, you think we will be higher than 0.30, because I was 99.9% positive we'd be over 0.70 by EOY 2017, so I tune out a lot of noise, be it bashing or pumping, because nothing that's been said resulted in happening, if anything, I'd give bashers the edge here, unfortunate but true.
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