InvestorsHub Logo
Followers 86
Posts 2880
Boards Moderated 0
Alias Born 12/08/2020

Re: Jayman5000 post# 171410

Friday, 05/10/2024 7:43:25 PM

Friday, May 10, 2024 7:43:25 PM

Post# of 171641
Completely disagree. Just like any other market, the OTC is driven by supply & demand. Most investors/traders are scared into avoiding the OTC, and for good reason - there is high volatility, high risk and a lack of liquidity at the forefront of this market.

That said, fortunes can be made. I've been trading the market since 2015 (off & on) and I have seen my fair share of parabolic movements. 2015-2017 had some good ones (including DOLV if anyone remembers that one - from .0001 to .10+) and then we had the 2020-2021 market which was absolute insanity, due to all of the additional liquidity pumped into the markets during that time.

This is all a matter of time & chance. At some point, the Fed will lower interest rates, and don't be surprised if we get some type of UBI or crazy $hit down the pipe line like we experienced with COVID.

In other words, the markets are unpredictable, and that's why I love the OTC or the "Wild West" of the stock market. Literally anything can happen here, and I can't tell you the number of times I've witnessed these penny stocks go from literally nothing, nada, zero trading volume to trading seven, eight or even nine figures in dollar volume for several weeks our even several months on end.

That's your opportunity, and opportunities will abound again in this market, no doubt in my mind. The key is REAL DEALS & a resulting demand shock to these tickers, which I personally believe Sharp will in fact get done.

All imo, and GLTU
Bullish
Bullish