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Re: Sunnybank post# 30671

Thursday, 01/18/2024 10:39:12 AM

Thursday, January 18, 2024 10:39:12 AM

Post# of 30702
Your advice is spot on - "Better to forget OTC pennies and focus on blue chips etc."

The only advice I would give and I live by is to only invest in companies that give dividends.

Unless you are a insider on a OTC share selling scheme you will generally lose your investment.

Smart and sophisticated investors always cut their losses. On the OTC, investors believe there is virtue in being long - so they hang on until their investment disappears.

Play the price action and always take profits.

And never believe the company hype or the forum pumpers.

Check your emotions - so that all OTC companies are company X.

IG

The First Casualty of Emotion is Reason.