InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,297.10
(
-0.21%
)
US TECH 100
18,105.20
(
0.14%
)
Dow Jones
39,869.38
(
0.00%
)
Brent Oil
83.10
(
-0.13%
)
Bitcoin
66,329.08
(
1.67%
)
Post# of 221155
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

1manband

Send PM Follow Ignore
Followers 171
Posts 20514
Boards Moderated 5
Alias Born 09/06/2010

1manband

Re: joyceschoice post# 90837

Saturday, 06/27/2015 8:09:34 PM

Saturday, June 27, 2015 8:09:34 PM

Post# of 221155
That OTC data is misleading. Penny stocks make up only a very small portion of the official OTC trading data.

The stock of every public company in the world that is not traded on a US Exchange trades OTC in the US. The vast majority of the value of daily OTC volume is in international large cap stocks that are not registered with the SEC. The US penny stocks trade a lot of the volume, but very little dollar value. A few million dollars is typical. And hedge funds have zero interest in that market - it is far too insignificant for their time.
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up