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Re: deadjim post# 7825

Wednesday, 06/15/2016 7:00:28 PM

Wednesday, June 15, 2016 7:00:28 PM

Post# of 47670

99.9% of OTC stocks go to 0. That is a fact, not an opinion.



That is factually incorrect. Many penny stocks do go to zero because most businesses fail. But 99.9% is completely made up. Not to mention, it makes no sense lumping all OTC stocks into one category. Not unlike the people who said "all tech stocks suck" 15 years ago. In the time since, truckloads of people made millions investing in Amazon, Google, Apple, Facebook, etc.

For a person's own growth, they must not close themselves off to entire types of investments unless very comfortable costing themselves money. It's so important to stay open because there are opportunities in many different places (if you allow yourself to see them). Those never-in-a-million-years generalizations read like a bright blinking sign - showing ego, stubbornness, fear, and a losing attitude.

There are people here who have done very well with OTC stocks. Instead of drawing a personal line in the sand, it would serve you better to listen and learn. People who change opinions with new information are worthy of respect.