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Re: carp1 post# 56777

Friday, 02/26/2021 12:52:30 PM

Friday, February 26, 2021 12:52:30 PM

Post# of 79839
Two kinds of OTC plays...find a company that you can absolutely verify is top notch...or go with what is and trade it. In this kind of penny movement right now the second strategy is working just fine. If you want to go be a real investor pennies probably aren't for you anyways. Very few of these pennies have verifiable "going for it". But we all know that pennies can run hard without any definite "going for it". Maybe you feel superior to those who are just trading the stock, not the company. Cool. Do that. Meanwhile stock traders are making money no matter how superior you feel to them. This is not an attack, I was once you. I still try to find "going for it" stocks, and when I do I am long. But I saw all the money being made by those who could give a crap about "going for it", so I decided to split my mind and play a little their way as well as my way. It's knowing how to keep the strategies separate and which stocks deserve which kind of treatment that is the trick. And ever once in awhile a "trading" stock actually does reveal some "going for it" and the confluence of both things together makes for something really special. Maybe this one will be that. Maybe it's just a trading stock. But supply and demand work no matter what. As long as the demand doesn't dry up...and the bids tell me that demand is not dry...then controlling the supply as much as you can...pushes the price higher. Basic supply and demand. That's all I'm talking about. If anybody has any "going for it" type information on this I'd love to hear it.