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Re: DD-214 post# 42843

Wednesday, 01/18/2017 5:19:59 PM

Wednesday, January 18, 2017 5:19:59 PM

Post# of 50725
The dilution isn't a surprise & neither are the bad longer term fundamentals. I was aware of it when I recently entered this with some low risk 'mad money'. Similarly you should've already been aware of it when you entered it earlier today & before the 10Q came out today.

Fundamentals of the business are mostly irrelevant when it comes to short term trading. Trading these OTC short term for the most part only require focus on short term technicals such as Level 2 action, etc.
Anyone with successful experience trading these in the long term always assumes these OTC stocks are junk companies long term & have ongoing dilutive financing.
Trading these OTC subpennies is about taking advantage of sell offs caused by the dilution & trading them short term on technicals.
All OTC are usually best treated as junk & to be taken advantage of for short term trades/flips (& not for investing, so therefore longer term bad fundamentals mostly irrelevant).







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