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Re: rich pearl post# 1783

Friday, 10/26/2018 8:03:21 AM

Friday, October 26, 2018 8:03:21 AM

Post# of 5285
You know, I've never been able to get into those huge o/s, super cheap, highly liquid OTC tickers, I've bought a couple over the years but they are just not for me. Obviously they are very popular with OTC traders in general, and insanely popular with iHubbers, probably at least 50% of iHub only buys stocks under .01, but here's my thinking.....

For every 1 of those huge, multi-billion o/s tickers that run a few bags.......9 will never do anything due to extreme dilution, CD holders, one tick flippers, scummy penny stock CEO's, etc, etc.

With these thinly traded, lower o/s, low float/low held @ DTC types, 10 out of 10 of these at least have the POTENTIAL to run multi bags in the blink of an eye...and they do on a regular basis, 5, 10 bags is nothing for these....and there is always the possibility of the mythical 100+ bagger if the stars all align properly...lol.

On the downside, you have to be willing to put up with looooong, frustrating periods of nothing happening at all, or very little movement whatsoever, and ridiculously huge splits, so if you do need to sell, it's usually at a big time loss.

Still, I love that adrenaline rush you get when one of your sleepy tickers, finally wakes up, out of the blue, and everyone else is chasing, trying to get a piece of the pie, and you can just sit back and relax and make $$$'s.......then you forget all about that long frustrating time that you held....lol.

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