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Posted On: 09/25/2019 8:45:16 PM
Post# of 36549
Re: OrlandoJohn #6502
My take is that if the OTC was an honest broker, the pps would have been adjusted to reflect the previous day's market cap. Once the first trade took place the next day, THEN it was out of OTC's hands and the market makers/buyers/sellers could take it where they wanted the pps to be.
The OTC is either lazy or it is run by a bunch of crooks that don't really care whether a stock is treated fairly - even at the detriment to the company and the shareholders. As long as it trades and they get their piece of the pie, they're willing to look the other way on whatever shenanigans are happening.
Just one more incentive to get the he!! off the OTC and onto the Nasdaq. They probably aren't perfect either, but they are a damn site better than the OTC.
Man, if I feel this way with the amount of shares I own, imagine how Joe feels for the company and the other 72 share holders!
The OTC is either lazy or it is run by a bunch of crooks that don't really care whether a stock is treated fairly - even at the detriment to the company and the shareholders. As long as it trades and they get their piece of the pie, they're willing to look the other way on whatever shenanigans are happening.
Just one more incentive to get the he!! off the OTC and onto the Nasdaq. They probably aren't perfect either, but they are a damn site better than the OTC.
Man, if I feel this way with the amount of shares I own, imagine how Joe feels for the company and the other 72 share holders!
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