InvestorsHub Logo
Followers 75
Posts 9164
Boards Moderated 0
Alias Born 04/25/2002

Re: Dachs post# 13394

Thursday, 11/17/2022 11:28:22 AM

Thursday, November 17, 2022 11:28:22 AM

Post# of 13742
Dachs, the OTC is a long-term graveyard for 90% of the stocks in this space. iHUB used to have a graveyard board. Long term it is usually the R/S that wipes out the SH. The PPS going to zero or near-zero is much more rare event. Holding OTC stocks long-term is almost always a disaster. It's the reality of the situation, and I continue to be amazed at how many investors seem so shocked and upset when they lose their money here. This is a very risky space to invest in. It's not for the naive. And the scammers rarely ever suffer any serious consequences. The SEC simply does not have the resources to chase all of the crooks. It's the way it is, and most likely the way it will continue to be for the foreseeable future.

The OTC is 'great' for flipping and swing trading though!!!!

It's most likely over for QNTA, but I've occasionally seen skeletons rise above the ashes and spark new life. But I wouldn't get your hopes up.

JMHO

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.