InvestorsHub Logo
Followers 269
Posts 8493
Boards Moderated 0
Alias Born 10/05/2010

Re: rich pearl post# 104

Monday, 09/11/2017 12:30:56 PM

Monday, September 11, 2017 12:30:56 PM

Post# of 5274

could there be an easier strategy to make money on a game that favors the fortunate?



Probably not, I mean there is very little down side risk buying early IMO. Especially if they promo, as long as you play it smart, being in a stock before a decent promo kicks off is prob the absolute easiest way to make $$$'s on the OTC.....and that's one of the reasons why buying these can be so lucrative.....very often they promo.

Obviously, your biggest risk is getting stuck due to lack of liquidity. Sometimes the first shares will appear and you'll think the tickers are getting ready to move and it's a fake out(ie TGRP), it's just some random shareholder selling a few shares, but not necessarily a true IPO per se.

This is the kind of risk I don't necessarily mind though. It's not the same level of risk as, lets say, buying a ticker that's getting pumped late. Buying any kind of pumped ticker late, whether it be a iHub pump, promo, etc, is by far the fastest way to lose money. Buying a thinly traded new issue, generally only ties your $$$'s up, assuming that you bought at a good price that is, and it wasn't way overvalued.




WELCOME TO

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.