Replies to post #9302 on David Lazar's OTC SPAC's/CUSTODIAN Plays

[Welcome2Pinkyland]

I like taking my chances on almost all otc custodianship plays - if the marketcap is on the low side. I pass if the market cap is to big for my liking. When the merger comes in it could be a bust or a homerun- but I like taking the chance the the merger will be a homerun.

[Welcome2Pinkyland]

To be more specific about $PDGO it’s still in my otc shell market cap buying range - which looks basically like this:

Market Cap of zero to $2m - buy for sure
Market Cap of $2m to $5m - most likely buy
Market Cap of $5m to $7m - possibly buy
Market Cap of $7m to $10m - might buy if I know something good about final share structure and/or the business merging into the shell.
Market Cap over $10 only if I was sure of final share structure and balance sheet of business merging in - and it justified a market cap of $20m or more.