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Re: Mr. Zen post# 5241

Wednesday, 08/30/2023 8:22:38 AM

Wednesday, August 30, 2023 8:22:38 AM

Post# of 5274
I think the problems with the OTC right now are multifold... but... the 2 biggest factors are likely......

A)Inflation, as it has left less discretionary money for folks to use towards penny stocks and

B) the amendments to Rule 15c2-11, when this went into effect it reduced the number of penny stocks and limited the way folks could make money on the OTC, the profits from those trades would have then went into other plays.

I really don't see the OTC recovering any time soon, there will continue to be some very short term social media pumps here and there but that's about it, I don't see it ever being what it was.

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