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Tuesday, August 30, 2022 7:48:57 PM
, Just that much less money coming into any OTC stock.... Of course leads to the declining market. Waited for 2 years after dot com bubble burst. The only ones that survived were exactly like S FIO and they ended up being the only multi bagger, Based on being honestly undervalued, you could find for years.
One of the most positive Aspects about S FIO is that they did find a large investor to help with their next round. And more importantly, They're not taking on toxic debt or huge percentage of dilution. I don't know if you get any of the OTC alerts, But almost every day a few come across Updating their share account because of massive massive new dilution!! One just recently now has a total of 200 billion shares.
OTC tends to run in cycles.... Usually after the last bag holder warnings Disappear And a group of new naive investors, Not aware of the pitfalls, Bring in new money And self assurance that they can surely become the next millionaire, lol
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