...i think its just one million or so new and old penny stock traders now in the market everyday. During dead years the number prob went down to a couple hundred thousand or even less...
Confidence breeds confidence....then on top of all that....i didnt know reddit community had two million traders as well...sure many probably here too, but not all. Same w Robinhood....and webull...and stocktwits...and twitter. I personally never looked at any of those except twitter for stock info....now i do. Its like there are three iHubs out there now! IHub still best and clearest platform though....for me at least. (i think a lot of Robin hood guys have etrade or ameritrade accounts on the side...)
...but i dont think its complicated where money is coming. Like i used to post even ten years ago as Diamondifre, if the new generation was impatient and didnt want to wait five or ten years for MSFT to double....and even just 10% of them found there way to OTC it would blow up:
Guys thats what has now happened. There are trillions invested in Dow and Naz...if just 1% moves to OTC for good same insane thing.
And if my one million estimate is true.......If the average each one had was $1,000 to trade with that day, thats a billion dollars to go around OTC. So everything is running and anything legit is running many thousands of percent in weeks or days.
Scary thing is idk we may be at 2 mil active penny traders now? Or if not, with whats going on i dont see why OTC would not keep growing now as too many have a friend or know someone who has made a lot in OTC...so growth to penny market i say for years to come.
We shall see....its insane though....no logic to many dead tickers running.....would rather have it where the best DD wins, but that is not the case these days so ride the momo too...
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