Monday, January 10, 2022 10:07:51 PM
All they needed to do was to limit RS sizes, limit AS increases, limit excessive RS’s to be limited or blocked from further RS over a long period of time and crackdown on illegitimate share conversions by some of the shady TA’s. That would have cleaned up a huge percentage of the OTC issues regarding wash rinse repeat.
Instead brokers and broker dealers now have advantage with expert market and playing games to limit retail access when stocks go pink limited. Yet we still have known scumbag otc operators buying a company(perfectly legal) and increasing AS to 40 billion (perfectly legal) to most likely to dump on shareholders to annihilate SS and shareholder value at some point in the future.
Ask yourself where is the real problem here???? Understand it, Look for the opportunity in the OTC that is given and take the emotion out of the trade.
Best of luck to you.
If you haven't learned yet, most posts on a message board are in the writer's opinion. All of my posts are in my opinion (IMO)......do your Due Diligence (DD) and make up your own mind!
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