Hi Garyst, long time no talk!
I hope you are well and had a restful summer.
I always respected your opinions because you are one of the few stand up traders I trust on this site. With this in mind, what is your take on state of the OTC market.
My observations is that there are very few big gainers per week, or even per month compared to what I noticed in most of the last 10 years. It's never been so dead. I've always thought OTC was somewhat oblivious to large swings in the higher tiered markets like DOW, Nasdaq etc. and that there were always penny stock opportunities even when those markets were crashing. My intention was to trade penny stock full time last year, but I'm so sure that's feasible anymore.
Do you think rule changes that prevented US citizens from buying CE status stocks and the creation of the Expert Market killed the OTC for good, or we are just in a bear penny stock market (or both Lol)?
I'm seeing you took a break from the market as well, for a while. I would truly appreciate your response.
Kind regards,
Bueller