Friday, September 24, 2021 8:15:17 AM
This one will be in the top 5% of what is remaining and about $2.5billion trades daily on otc about $1.5 of that goes to pinks.
Same fire power and capital will be concentrated on the ones remaining. Don't over think this people am adding dips across many otc tickers.
For example between 0-.02 used to be almost 2300 companies you could trade now with restrictions about 350 ish now more could clear between now and September at the most that might hit 400
There are a total of 1246 companies between .0001 and .01 all tiers in otc.
Out of this number 962 are non reporting stop signs meaning 76% of these companies are non complaint.
Out of this 962 less than 15 are granted custos in process let's say another 20% of 962 get current
That leaves about 207 companies left between .0001 and .01 which mean by the time the new rules take hold 83% will be gone.
Out of the 207 less than 15 are debt free with zero convertible notes clean shells.
Same number of traders and options are reduced by 83%
As I keep saying this is basically an easy math problem supply will be restricted by 83% and the demand is constant. Don't pop a blood vessel over thinking this one.
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