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Friday, November 11, 2022 1:56:20 PM
Back 15-20 years ago the r/s was way more common but the ceo's learned that too many would scare off investor/traders later so they started going to higher o/s ...a/s and peeps just got used to it still making money even on those high ones.
Part of the risk game in the otc.
in 2009 I bought a stock that shortly after did a huge r/s and 1 share left sat in my account for years but then in 2019 decided to check it out again and discovered the share structure hadn't changed in a long time and was low.So just based on that slowly accumulated.....a rumor of a merger and then the reality of that happened and presto.....made more money on 1 stock than the previous 10 years.
So ......big risk......big reward......but imo.....most traders have the same experience you've had.....taken some blows and had some wins.
If someone would have nagged u on risk of an r/s u likely would have ignored that cause you were "feeling" great at the time.
the most valuable lessons come from your own experience
"Watch for big problems for they disguise big opportunities" H. Jackson Brown
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