Saturday, May 11, 2024 4:26:59 PM
It's not due to the economy. It's majorly due to the rule changes that took place and the fact that the SEC is now going after the toxic lenders that fueled the OTC and busting them for being Unregistered Securities Dealers.
The rule changes mean that there is no more quiet frontloading of a defunct ticker that can then get a huge influencer pump campaign.
The lenders being busted mean they will no longer be running their own huge pump campaigns where they can dump their toxic shares.
These were two of the largest sources of runs in the OTC. They are now gone. And with the absence of steady streams of runners comes the absence of many of the people that played them. They have had to move on to other things.
You can stick your head in the sand all you want. It doesn't change things. Runners will be few and far between.
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