Wednesday, February 14, 2024 5:18:13 PM
Numerous OTCBB tickers around 2020-2021 had AS, OS and float that was around tens of millions to hundreds of millions.
2022-2023 these same tickers are in the billions.
Economics 101 will simply explain. Increase the supply, decrease the demand, therefore the value/price goes down.
There are people posting talking of the new OTC gold rush. I know there are numerous people that are posting here and on other tickers.
Let's be real, with the all the "news" that these tickers have released, in 2020-2021 they would have gone absolutely parabolic. Yet, it simply has not happened, at all.
We can surmise why this is. I would suggest that it is simply the massive increase vs the lack of demand.
Thoughts?
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