Again, Don't care short term!!@ As an experienced trader you should know and understand what happens during these OTC smack Downs That to this extent only happens Every decade or so.
You think you're the only trader on the only stock site that's talking about some form of stock manipulation whether it's from retail traders or the market makers? I'd say there's at least 1 or 2 making these same claims on the majority of OTC stocks media sites right now.
It's manipulation
The catalyst is coming up in 2 weeks it's gonna send this to the moon
It's revealing its new widget app In a week, It's going to sky rocket
It just announced A Mega deal that's going to quadruple its sales....( Maybe in a year or 2 if everything goes perfectly)
This new CEO came from a fortune 500 company, He wouldn't have taken a job here unless he was sure there was Something to their new product ( Or he just sucked as a CEO)
Here's the hard fact that you and anybody seriously looking at any OTC stock should know or needs to know
1) After so many bag holders have sworn off the OTC... It takes either years for a new batch with new money to come in to give any OTC A chance at gains..OR Some freeing up of disposable income or government subsidies ( Inflation covid over.... Don't look for that any time soon)
2) For the Mass majority of OTC stocks, only OTCQX Level has any hope of finding any institutional money. Without that, Even the greatest cult following can only keep a stock going so far.
3) The better OTCQX and "Freshman" NASDAQ stocks Really only Garner serious attention if they have 1 of 2 things.
A) If they haven't quite broken through profitability, They must have A big new proven technology or product With 100 millions of dollars in sales With guaranteed contracts
B) They may not have quite as large total sales, But big money is looking for companies with A reasonable long history, Year over year growth, The ability to show they can expand and adapt, And show they can do this without consistently taking on debt or dilution And show consistent profit margin.
As far as that last one, How many OTC pinks can you list here that have all of those qualities. The real truth, Like every other OTC pink, Is they still have a long way to go. And yes, There are one of many 1000 pitfalls that could come along the way Is to destroy everything overnight.
I think I speak for most Of those holding long term. Doesn't matter if there manufacturing widgets Or feminine products Or the world's best beef jerky...... It's the management's ability to grow and adapt and bring in those with greater experience And growing a conglomerate.... That's what most are betting on.... Not whether currently The majority of sales are coming from stores or "outlets".
As I believe K said, " Don't want to miss out on the next Dunkin' donuts at this stage Of their growth" ( Or do you think they just got their size they are today overnight)
