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Thursday, November 12, 2020 9:28:22 AM
Since when do you need a background in a field to invest in a company? Should I get an automotive degree for my Tesla shares, or a programming certificate for my Apple shares?
Should I enroll in a finance course for my adventures in the OTC? I don’t even think it’s possible to make money in the OTC if you actually read any financials. Because one would never invest in any OTC with how bad most of their financials are.
This stock, as with any, and especially most OTC stocks, is a large risk and intended for folks who can stomach or navigate in and out of such a scenario. One shouldn’t play with knives and cry about being cut.
In the case of longs, the investor gets what they pay for. Very low SP, for the small chance of very large returns, with a high likelihood of massive losses if they don’t pay attention to proper entry points.
In the case of the savvy investor, not one of them is red. For they entered correctly.
So, I would say, a monkey’s uncle might need more lessons in patience for entry than in finance.
That being said, this stock has a large uphill battle, and it could/probably will see lower points, but it will definitely at some point, possibly distant, possibly soon, will see highs above a penny again. So do with that information what you will.
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