As long as a stock is on the OTC pinks, it's going
Post# of 96892
(Total Views: 393)
Posted On: 09/27/2017 10:20:56 AM
Re: 2015invest #83438
As long as a stock is on the OTC pinks, it's going to be manipulated by MM to make themselves money.
Valuations of the companies are too low and are easily manipulated. OTC pink prices don't reflect anything except a baseline for the MM to start and finish their manipulation and extract your money if you don't understand the OTC game....
And the bashers are planted to keep you focused on the day to day, minute to minute price.
They allow the share price to rise on sentiment, making it look like company accomplishments or news are actually doing something to the stock price.
They sucker you into buying high thinking your going to ride the run up, then drop the share price so you panic sell and lose money like most folks do.
IMO there's only 2 ways to make money with an OTC stock. Follow the runs and flip it or find a diamond in the rough and have the patience to hold it until it can distinguish itself enough to break out of the OTC pattern.
I'm just waiting for NTEK to break out of the mold. IMO it's one of the ones that can do it.....
Valuations of the companies are too low and are easily manipulated. OTC pink prices don't reflect anything except a baseline for the MM to start and finish their manipulation and extract your money if you don't understand the OTC game....
And the bashers are planted to keep you focused on the day to day, minute to minute price.
They allow the share price to rise on sentiment, making it look like company accomplishments or news are actually doing something to the stock price.
They sucker you into buying high thinking your going to ride the run up, then drop the share price so you panic sell and lose money like most folks do.
IMO there's only 2 ways to make money with an OTC stock. Follow the runs and flip it or find a diamond in the rough and have the patience to hold it until it can distinguish itself enough to break out of the OTC pattern.
I'm just waiting for NTEK to break out of the mold. IMO it's one of the ones that can do it.....
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