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Re: None

Thursday, 08/22/2013 12:20:08 PM

Thursday, August 22, 2013 12:20:08 PM

Post# of 123645
There are so many ways to play OTC/pink stocks. one is based on products, company, earnings and etc. Playing it like you would are "real" company. The problem with that is, most otc are otc for a reason. I have followed otc and been burned probably more then anyone and you almost can never play an otc this way. You have to think they are all junk, but every junk dog has a trade. If you play based on price points, volume, and hype you will have a better trade. There are a few things that interest me right now. The level 2 keeps getting stronger, there has been unwavering support at .0004. This couldnt even get past trip 2 for months. Watching the tape, there has been a lot of volume going through now at .0005. the 52wk high is .0007. Right now it seems really thin. So as long as people are being patient it seems thin on the ask. Its not going to take much to get this up to 52wk high with this strong support. just my 2cents.