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Re: A deleted message

Sunday, 02/28/2021 11:34:28 PM

Sunday, February 28, 2021 11:34:28 PM

Post# of 222208
Institutions don't 'invest' other people's money in companies that are not profitable. NSAV doesn't even post its fins - so no one knows what its financial condition is. In short, no institution would ever buy into a non-profitable penny stock. Institutions invest other people's money to make them a relatively guaranteed profit.
As far as I know, no institutions buy into pink sheets, period. There are OTC stocks that are not penny stocks that they may very well utilize, but pink sheets are among the riskiest stocks available, and that's not what institutions are are about.