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Monday, January 06, 2020 10:32:36 AM
I ask folks to review pink sheet stocks out in the market today. I would say the majority of these stocks are over 1 billion O/S and many much higher.
One question? How did they get there? Dilution is the answer. IT HAPPENS IN THE OTC, FACT OF LIFE. DILUTION HAPPENS IN THE OTC. There I said it again. Nobody deserves a medal for figuring that one out. I SAY, SO WHAT.
I have been in more stocks than not, over 1.5 billion shares, hit multi pennies and on to over silver.
THE MAIN KEYS ARE THE FUNDAMENTALS.
If the CEO can wrap up the restructure/handling of the notes sooner than later, we will be all the better for it. It needs to happen so the real news can hit the wires.
That said again: THE MAIN KEY HERE ARE THE FUNDAMENTALS AND THEY ARE VERY IMPRESSIVE!!
Our time is near IMHO. The PPS is cheap and I am adding more shares.
ALL POSTS are just my opinion! Never BUY/SELL stock based on only them! Perform your own DD and make your own decision!
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