InvestorsHub Logo
Followers 115
Posts 4799
Boards Moderated 3
Alias Born 01/10/2014

Re: newmedman post# 14731

Thursday, 03/27/2014 11:29:00 AM

Thursday, March 27, 2014 11:29:00 AM

Post# of 18744
What I don't understand is this:

The odds of a stock making it off the OTC (unless it was delisted prior) is <1%. Why be long ever? Not to be to rude... but do people really think they are somehow smart enough to figure out which one is that 1%? I do this professionally, and I access to resources most do not... and by no means can I get the risk profile low enough to hold.

Let's say you owned MDXG @ .90 (like I did). And held it to $8.00 (I flipped and held). You would make 10x. I was "long" on MDXG but I made more money in 3 months flipping and playing the micro-caps this year than that multiple year process. What I learned during all that is there is no point in ever holding.

You can make 10x every month in the OTC. There is no financial reason to risk your bankroll going long. Ever. PMCM, QASP, REDX, ACGX... these were all 10x's for me just this year.

Again, there is NO reason to hold an OTC stock. If you miss the run up... f$ck it. There is another right there to buy.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.