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Wednesday, June 12, 2024 3:51:55 PM
2021 was NOT a one and done event! It was the signal of a new generation of young traders. CNBC 's Last Call show with Brian Sullivan on Monday had an author Nathan Poppers new book about 2021 "The trolls of wall street" https://www.powells.com/book/the-trolls-of-wall-street-9780063205864
We have entered a new age of OTC trading with new younger men traders, they showed a chart that showed the percentage of volume in stocks under $1 was under 7% in 2021 and showed now it's over 14%...and with rates now falling(The bond rate, not fed funds rate, there's a diff) the 6Trillion cash on the 5% sidelines is finding it's way back to markets! The meme plays are back and we see alot of OTC tickers moving on no news. NSAV is the golden ticket imo, 2021 type OTC move is coming, even Goldman Sachs is talking about the "Wall of Money" coming to markets, see link
https://finbold.com/goldman-sachs-predicts-wall-of-money-to-boost-summer-stock-gains/
Next, there is not much retail shorting penny stocks cuz as shotsky said only IBKR accepts shorting OTC but they have a $2.50 a share margin requirement, however the MM'ers are the one's doing most of the OTC shorting as they don't even need to have any margin money in their accounts to do so.
Never mind shotsky, he still thinks MM'ers don't trade for their own accounts, even after I posted several links showing they do, SMH, see link
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174548860
Finally, Charts do work in OTC, here's a couple NSAV chart posts that were spot on that proves this:
NSAV 4/15/24 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174242170
NSAV 7/12/21 .02 to .1343 prediction, might be my best chart call ever! https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164868062
Plus I made several table pounder chart posts in Dec 2020 predicting the 2021 OTC gold rush that I can post if no one believes me.
And to set the record straight, trading is a competition, we are all competing to rake in everyone's cash as stock trading is a zero sum game where every dollar made means someone has to lose the dollar for someone to gain it. And the bottom line is how much did peeps make using charts, vs how much did any half trader make without charts? Here's my win using charts, anyone have any better results? And not a liar like a couple I have busted already that won't/can't post any proof, SMH , sure many made money in 2021 but because I use charts I'm one of the few who saw it coming and bet the farm in anticipation.
Feb 8, 2021
Feb 9, 2021
Feb 10, 2021
Feb 16, 2021 2.5mill peak
2021 Etrade wins NSAV my best ever!
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