I've always said that there are more short term fl
Post# of 75357
(Total Views: 496)
Posted On: 07/18/2019 9:54:19 AM
I've always said that there are more short term flippers watching stock message boards (especially OTC stocks) than there are long term investors. Many of my posts with good info in them will often times have over 25 or 30 views before the first thumbs up. That's how I know most of the views are by shorts and short term traders or "flippers" and not longs.
Most flippers don't have anywhere near the patience or the ambition required to wade through all of the information on a company to try and determine the viability of the stock as a buy and hold investment, especially since it's harder with OTC start ups anyhow due to lack of information on most of them. They're just after momentum plays for a quick score.
As far as transparency, this company has been a major exception, though they were forced by greedy shorts to finally go under the radar, but they are still a fully reporting, audited company.
They're not hiding anything, just not giving up details of their growth progress in advance of the reporting. Very wise on their part. They are keeping an arsenal ready to fire when needed. Teaching the shorts a lesson.
Most flippers don't have anywhere near the patience or the ambition required to wade through all of the information on a company to try and determine the viability of the stock as a buy and hold investment, especially since it's harder with OTC start ups anyhow due to lack of information on most of them. They're just after momentum plays for a quick score.
As far as transparency, this company has been a major exception, though they were forced by greedy shorts to finally go under the radar, but they are still a fully reporting, audited company.
They're not hiding anything, just not giving up details of their growth progress in advance of the reporting. Very wise on their part. They are keeping an arsenal ready to fire when needed. Teaching the shorts a lesson.
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