Replies to post #48206 on MultiCell Technologies Inc (MCET)

[Union Strong]

They, SEC, created another Vegas by allowing day trading, period.

[joe botts]

They watch them but don't forget there are thousands and thousands of them and it seems to have cooled off with the restrictions and suspensions. Because most of these OTC land companies have to be current by September.. 2021

[Homer911]

Cant reply to your PM sorry not paid member.
To your message...This is OTC market, everything is manipulated, its all regulated by “insiders”. We just watch and go along for the ride. It went down in price after the explosion because they wanted to fill the gap also get rid of weak hands and yet another also to load up more on the dip. Of course hype and news will dictate the moves but for a stock with no news like MCET The best thing to watch for predicting where its going is chart technicals. Its not 100% but at least it give you an idea of direction. Like today around 10-10:30am EST technicals were all overbought and started to swing down. Thats when i sold for big profit. And at the end of the day, technicals were down in the oversold gutter, thats when i bought in again with some of my profit and now with the probability that they will swing up, im hoping to profit again. Although it doesnt always work but probability is strong if you follow the technicals. But be careful it can always be a 1 or 2 or 3 day pump and dump. Those are very prominent in OTC, and leaves a lot of newbs holding worthless bags with hopes that it will keep mooning. Dont ever chase, and always sell for at least some profit when technicals are overbought.

[StockPanzer]

Penny Stocks are the unregulated Sewer of the Stock Market.

The SEC is starting to make an attempt to clean up the OTC Market because for decades, dead shell companies and inactive tickers that haven't posted earnings in 20 years were used as Pump and Dumps.

The whole Reddit buzz put the spotlight on Social Media market manipulation and a lot of that has spilled over to Penny Stock, because Millions of shares can be purchased for little money.

I once owned Millions of shares in a Comic company that I got for .0001 per share, then they suspended trading and I lost my money. That was 3 years ago , the SEC didn't care that the company kept Investors $$ and simply continued to operate with a suspended stock symbol.