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Replies to #44075 on lowtrade

haber

11/12/14 5:17 PM

#44076 RE: BOS #44075

Agree 100%, and I think people have been underestimating #3 ... I read comments all day about how much the market stinks, how much whacking is going on, how all these tickers are pieces of crap, etc etc etc.

Been getting worse the last couple months, and if you're a retail player it comes down to one thing: get out with whatever profit you can before you get dumped on.

IMO, the sentiment is a shift from believing the OTC is rigged, but greed was going to drive prices higher, to believing the OTC is rigged and that shares are minutes away from hitting the bid. Because the moment something stalls, people DO whack the bid, and that fear ultimately prevents momentum from building.

We'll see what happens in the future ... interesting time on the OTC for sure, imo, and I've only been here a fraction of the time that most veterans have been around

lowtrade

11/12/14 5:31 PM

#44079 RE: BOS #44075

From what every one that plays the OTC has been telling me. You seemed to rap it all up nicely. Basic, simple and clean; The OTC needs knowledgeable day traders to succeed there now days.

IMO releasing message boarders into the realm of day trading could be catastrophic. Try to teach how to interpret bid/ask build to a cow.

trader guy

11/12/14 8:20 PM

#44088 RE: BOS #44075

My thoughts exactly. And that's probably the biggest cause of all the one day wonders.

2. Multiple funders in one ticker and they all try to beat each other out the door with a profit.