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Re: Musicman99 post# 49732

Tuesday, 07/05/2022 8:55:24 PM

Tuesday, July 05, 2022 8:55:24 PM

Post# of 68822
Historically, reinstatements.....custodianship plays...reverse merger plays....and double/triple 000 stock plays were always the biggest % gainers in the OTC. The new SEC amendment (15c-211) and the implementation of a so-called expert market killed all of those plays with a single shot. You will never see plays like TSNP/HUMBL or GOFF/WNFT again. Potential plays such as those may hang out on the expert market where you and I cannot touch them.....but by the time they reach the OTC the PPS always starts out with a huge spread on bid/ask and it has already eaten into most of the profits most of us used to make when we were able to get in on the bottom floor. The creation of the expert market was a totally corrupt concept. We no longer have free, fair markets when they are stealing our market out from under us to give to "sophisticated investors". Big Brother decided too many people were making good money....even becoming millionaires on the OTC.....and they just could'nt have that happening anymore. America is quickly becoming a suppressive country. This is the real reason people do not have confidence in the markets. To answer your question, money may never come back to the OTC. I fully expect this market not to be around at all in another few years.