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Re: dinogreeves post# 169528

Friday, 03/15/2024 12:27:17 PM

Friday, March 15, 2024 12:27:17 PM

Post# of 171480
Smart investors cut their losses - OTC investors hang on - average down (a extremely dumb investment strategy) - and they sit back and watch their investment disappear.

"When you trade or invest in the OTC, the risk is on you. SEC warns people on their site. There is also a disclosure in the filings too"

Too many people don't understand that the OTC is for trading not investing. They get married to the company/CEO - GVSI/Sharp.

The hero worship of Sharp was pretty funny when it was obvious that Sharp was scamming the true believers.

The only way to trade penny stocks that use message boards, social media (Twitter - Facebook), forward looking press releases, pumping 8-Ks and paid promotions is to just consider them all to be scams and just trade them do not invest in them. You'll lose 99% of the time if you believe the hype.

Then the OTC investors blame everyone (nefarious MMs, Naked shorting, paid bashers...) and none of that is true - read the posts of what is called bashers and they are the only posters that have provided truthful information and warned investors.

IG

The First Casualty of Emotion is Reason.

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