Posted On: 10/23/2014 9:45:31 AM
Post# of 30037
Great post Racc, Alot of people scratching their heads on why we at 7 cents when Lympro is being comercialized THIS quarter, ODD's being filed and more on the way?
You nailed the reasons why. not much interest. YET......
Being on the OTC is another. It automatically eliminates almost all institutional investors and most retail investors who won't touch a penny stock with a ten foot pole.
Like it or not, we are still dominated by daytraders and flippers. When we start to gain any traction, they "sell the news" and take their profits.
No news for five days, they loose interest and move on.
You nailed the reasons why. not much interest. YET......
Being on the OTC is another. It automatically eliminates almost all institutional investors and most retail investors who won't touch a penny stock with a ten foot pole.
Like it or not, we are still dominated by daytraders and flippers. When we start to gain any traction, they "sell the news" and take their profits.
No news for five days, they loose interest and move on.
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