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Thursday, July 02, 2020 4:10:19 PM
With penny stocks, the 800 pound gorilla in the room is always the share count. Most of OTC companies issue shares with little concern on its impact on share price. Since they have already said they will not do RS, the only recourse is to buy back shares. Most experienced investors know it is one of the biggest red flags for long term investing in OTC. This is why most trade and not hold penny stocks. I own 4.5M shares and I plan to hold at least until the $450M Air Force Bid Contract in August. The stock price should hold well with weekly PRs until then. GLTA.
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