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Re: bucks2pennies post# 70498

Friday, 06/10/2022 3:38:56 PM

Friday, June 10, 2022 3:38:56 PM

Post# of 90346
You are right on in your description. Bygone era in trading was a time when real due diligence paid off sooner rather than later. Now patience is required more than ever which ties up capital. The new era traders lack patience wanting the quick buck with little work which lends itself to quick flipping and shorting that plays right into the hands of the MM's.

I also agree these new era CEO's need to catch up to the realities of the OTC market and become much more informative. Investors have much more patience when they know what is going on... even a little fudging is better than nothing at all over months of time gone by. People can understand supply problems, legal problems, delays, mistakes, X factors, etc. and will have much more patience and faith in a company that is at least saying something on a semi regular basis.
NO one is asking to give up important info before it is wise to do so, for such early updates could jeopardize a deal or sale or combination. But in general, things can be explained. So as an old timer with patience, I will dig deep and find the patience needed in the new world of investing we find ourselves stuck in. GLTA and have a safe weekend.