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Friday, January 31, 2020 2:33:41 PM
OTC stocks that take toxic loans are scams. Period, end of story. Not one example of an OTC stock that has toxic debt ever recovering.
That's why they're called "death spirals".
I agree completely with you. Once an OTC stock takes a toxic loan, it's done, heading to worthless. That happened with IHSI years and years ago. So anyone buying at $.0001 now will be lucky to get out at break even and most likely lose their entire investment. It's smarter to put your money in lottery tickets where at least the expected loss is only 50% or so.
That's why they're called "death spirals".
I agree completely with you. Once an OTC stock takes a toxic loan, it's done, heading to worthless. That happened with IHSI years and years ago. So anyone buying at $.0001 now will be lucky to get out at break even and most likely lose their entire investment. It's smarter to put your money in lottery tickets where at least the expected loss is only 50% or so.
"There's a sucker born every minute, 2 to take him and 4 to lend him toxic debt" PT Barnum's investment advisor.
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