InvestorsHub Logo
Followers 10
Posts 889
Boards Moderated 0
Alias Born 11/27/2017

Re: Timingpennies post# 34

Thursday, 05/27/2021 1:34:18 PM

Thursday, May 27, 2021 1:34:18 PM

Post# of 160
This is a definitely bad thing these new changes. This is done to force a small investor to buy "pink current" companies. The problem is their CEOs usually earn living by diluting their stock so you lose as an investor. Additionally OTC Markets outstanding shares figures are rarely up to date and there is no record how quickly it is changed. When they cannot dilute anymore the stock the stock will go dark and you lose even more... At least these dark companies have their shares number constant. I do not see a reason why Caveat Emptor must be applied for 10 or more years. Sometimes such entities are being bought and they have a completely fresh start. These "Accredited investors" will get these dark stocks extremely cheap, someone will bring them to life and small investors will pay for that. This is mafia.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.