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Thursday, November 03, 2022 2:12:24 PM
Some have been implying that many if not most OTC pinks are "trending up" and that SFIO is falling behind. Sorry, but aside from the handfull of anamolies, this is not really true. OTC Venture index is still bouncing around its year long bottom and that tier of OTC will probably recover well before the pinks!. So, why state such dreary realities?
Well, as you will see in the cart, I took 12 of the most followed or most active pink stocks (I accidentally included 1 QB, not pink, thats near the top) that have held higher followings on Ihub and ST, over the last year or so, and charted their price since the beginning of 2022. I tried to keep away from those that started out or are well in the triple zero as they can appear to show higher gains or lossses at any given time on catalysts and often tanks soon after. I also tried to include most of those that are or were RM plays. You will see that SFIO is near the top in holding on to its price compared to the others.
So.....dont believe the now, "rehashed' arguments that their is abnormal trading volume or secret shares ready to dump or whatever attempts at raising fear. SFIO is in the same boat at the vast majority of OTC pinks, and if anything, holding stronger than most. Most of those other stocks MC are either still overvalued or at best starting to reflect a more realistic value. The best thing to take heart in is that SFIO, at its current price, based on its financial facts and history, is WAY UNDERVALUED by any sane and reasonable annalysis tool, Any statements or values that came from picking a random number and stating it cant be worth more than that....is in my opinion.....just silly and desperate.
OTC will come back eventually...and when it does, just like 2008 and after Dot com crash.....those TRULY undervalued stocks will get the attention they deserve eventually.
Investor choice: Put your hope in Unprofitable, heavily diluted cult stocks...or those EXCEEDINGLY few with all positive financial stats and markers!!!
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