![](https://investorshub.advfn.com/uicon/242186.png?cb=1518131337)
Tuesday, May 01, 2012 1:40:22 PM
trader53 0 Share Tuesday, May 01, 2012 8:46:03 AM Re: trader53 post# 803
Tweet 0 Post # 818 of 822 Go
Educational Post: Trading All OTC stocks >
Trading All OTC stocks
No OTC stock is worth the money you put into them, when you buy. It doesn't matter what the buy reason is.
What matters in all OTC stocks, is that their stock price rises and falls. The price is what should be traded, and nothing else.
Authorized Shares, has no bearing on the price. The "Shares Authorized", is not used in any fundamental of financial calculation, to determine company value.
The "Number of shareholders listed", has nothing to do with any form of calculating value.
As long as the stock trades, don't be concerned with a DTCC "chill ".
Don't be concerned with the stock being a "pump and dump". Buy before the pump, and sell before the dump.
Don't be concerned that the company doesn't create profits.
Don't be concerned that the stock isn't worth anything, no OTC stock is.
Don't be concerned with what the company owns on paper, paper doesn't mean a thing.
PR stories have NO value, and OTC companies only have two things, stock for sale and stories of progress.
There is no value, when money is changing hands. In a manipulated run, the run is worth more then the company.
Many OTC companies don't have as much cash, as you personally trade in them.
The OTC process, is to trade the stock sales, and react to retails belief in the stories.
Message board discussion is "not" DD research. It's opinions on why they see value, and it's clutter that helps others make poor buy and hold decisions, based on value which doesn't ever exist.
Finding an OTC company with assets, cash, and gains, equaling value, is as rare as finding a two headed snake.
Trading "pennyland" stock is simple
Buy some before the breakout starts, sell before the retrace starts,
be glad to sell at some higher level than what you bought at, and then move on to the next one!
DO YOUR OWN DD!! THIS POST IS MY OPINION ONLY! NOT ADVISE!!!
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM