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Monday, July 01, 2019 11:53:02 AM
If everyone seriously has to keep asking the same question "Why is it down" on this board, just sell because you have no idea how to invest in various exchanges.
Traders know OTC is volatile which is why they play hard here - tons of opportunity for them -- and long investors know there is a lot of potential in some OTC companies which is why they invest here with a long outlook, looking past the volatility and non-sensical movements. Long investors also know if they put money into the OTC, they should be ready to lose a lot of it because crazy stuff happens on the OTC - it's hardly regulated at all.
The forces that keep established NYSE, NASDAQ stocks stable and relatively (key word here) predictable, are not present on OTC.
BOTH traders and investors know that the trading, volume, and patterns in OTC stocks rarely make sense compared to the big exchanges.
So STOP asking the same questions - it just shows ignorance.
Just pick - which are you? A trader or an investor?
But for pete's sake, STOP asking the same stupid question.
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