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Re: jchords post# 7411

Tuesday, 06/30/2020 5:56:33 PM

Tuesday, June 30, 2020 5:56:33 PM

Post# of 7488
I can't remember a Grey-to-Pink that ended being a good long-term hold. Then again, I can count on one hand the number of ANY OTC stocks that turned out to be good long-term investments. :) Some G2Ps provide good quick-flip opportunities for a day or two, but looking back I have only made money on 1 or 2 of them (and not very much). I thought maybe this one would behave differently since the pop started late. If no filings or news, I fear it will continue to drift back towards trips.

If there was a way to predict which tickers go G2P a few days before it happens they might make better plays, but I've not found any leading indicators of that yet. Plus, it is almost impossible to buy them when there is little to no volume when they are languishing in the Grey Market.

GL

JMHO. DYODD. "An investment in knowledge pays the best interest." - Benjamin Franklin

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