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Re: chemist72 post# 27669

Wednesday, 10/26/2022 2:40:16 PM

Wednesday, October 26, 2022 2:40:16 PM

Post# of 30463
I would say you are right for the immediate short term until OTC gets some of the confidence back and larger investors. I have no doubt you would see spikes and dips on any short term catalyst. I've been through both the 2008 and the 2002 dot com crash. Pretty much the same thing holds true right now. In 2002 it took 2 years for the OTC And NASDAQ To come off it's bottom funk. Ebay Was one of those I bet on that Ended up paying out quite a bit.

I know back then I wasn't worried about the short term spikes But picked a few companies I thought had a future and the better financial stats and just continued to Average down. When those markets did finally see their 1st turnarounds it Was the few Value companies That turned into the 3,5,8 baggers in just a few months.

I'm looking to bet that ILST We'll prove to be one of those highly undervalued growing conglomerates That will become one of the few multi baggers once the industry does turn around. Anybody chasing catalysr spikes or Phantom chart Indicators in the OTC It's just asking to be disappointed in my opinion. You come across a few that brag about hitting 50% spike, But they never tell you about the one they lost 80% because it collapsed overnight and no 1 was allowed to get out, lol. I always try to remember that Warren Buffett statement about wealth and patience..... Something 99% of those focusing on OTC don't have.