BB's Stock Haven

[Hestheman47]

When will the OTC come back? When rule 15c-211 was proposed .....and later the proposal and creation of the "Expert Market".....I was on Twitter warning OTC traders of the damage it would cause to our market. I saw that the amendments/new rules (15c-211) and the expert market would kill most of the major CATALYSTS that have historically made these stocks run....mainly reinstatements, custodianships, reverse mergers and triple 000 and even double 00 plays would become scarce, and obsolete. Even if you saw that a shell was catching up on filings, readying for a reinstatement....you would not be able to get in on the bottom floor (unless you are a "sophisticated investor" or Canadian) because that stock would be on the expert market where you cannot touch it. Over 3k stocks are on the expert market. That is NOT a free and fair market. Fast forward to now.....as these changes have been implemented most of us now see the damage the SEC's market killing regulation has caused. Now I am back to warn OTC traders yet again.....unless the SEC ROLLS back their regulations and the CORRUPT expert market (and make those 3k stocks available to retail again) the OTC will most likely not be around in another two years, if that. So....for those asking when the OTC will "come back" or "get hot" again.....the answer is simply that IT WON'T without the SEC fixing what they have damaged. I have tweeted the SEC MANY TIMES to voice my dismay over what they have done to the OTC. Others need to voice their disagreement as well. This is the SEC's Twitter https://twitter.com/SECGov light them up. For those who believe that the OTC is "BETTER" and thought that the money would flow to "real companies"......it did'nt work out that way and most of us veterans see that people are leaving the OTC in droves. Speak now or forever hold your peace....because these will look like the good old days in another year. OTC is sputtering and on life support.