When I first started to dabble in the OTC "market" 15 or so years ago, I got my ass handed to me on more than one occasion, a few in fact.
I found out in a hurry that this is a cesspool. Chalk full of turds.
However there is profit to be made, we all know that.
The scammers know this is the wild west and that the sheriff has his hands full. If you talk to a veteran at the SEC they will basically say, in so many words... if you lie down with dogs you are going to get fleas. They field thousands of complaints and the OTC gets low priority. No matter what anyone may tell you.
I made a mistake here. I could have doubled and left, but every once in a while I take a shot and hold.
These guys put a lot of effort into this and I gambled that they may actually be on to something that could be a winner, so I stepped up to the table and rolled the dice... Snake eyes!
Never, ever bet more than you can afford to lose....EVER!
And life goes on.
