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Re: littlejohn post# 28358

Saturday, 07/09/2022 9:49:25 AM

Saturday, July 09, 2022 9:49:25 AM

Post# of 28513
The OTC is on life support and dying a slow death. Here is why https://www.sec.gov/news/press-release/2020-212 The SEC "big brother" decided that OTC traders needed their protection from making money. So....they implemented market killing regulation and unless they reverse course, which is not likely, this is a permanent condition.Historically, reinstatements.....custodianships....reverse mergers....triple and double zero plays were the biggest % gainers in the OTC. The SEC changes have KILLED those catalysts. Not to mention.....if a stock in this current market does actually manage to run up by thousands of percents, the SEC can halt it at any time. Penny stocks used to be a great avenue towards building wealth. We have seen many become millionaires. Those days are gone. This is not the normal OTC summer doldrums. This is the new normal.
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