Replies to post #43659 on Houmu Holdings Ltd (HOMU)

[VeronicaFox]

I couldn’t care less if traders wish to trade it, however OTC stocks like HOMU aren’t investment grade. For instance Warren Buffett is one of the most famous and successful stock market investors in the world - he doesn’t trade penny / sub penny stocks. Stock trading is buying and selling stocks for short-term profit, with a focus on share prices. Investing is buying stocks for long-term gains.

The SEC has warned that the off-exchange market (HOMU is EM), more broadly, is rife with fraud and manipulation. No one should put money they cannot afford to lose into these stocks.

GLTY

Yawn…..since May we knew this was an investment not a OTC flip and swing trade

The link site on OTC is probably getting worked on since it’s been a long time since last updated February 21

I assure you if anything was wrong they would’ve pulled it off the OTC company page period since they did do some updates in October

Chill youngbloods. Investment not a trade since May

[catar]

Exactly!
This is how HOMU has already been a great short term investment for me:
I bought xx number of shares, the price went up substantially, then sold enough to get twice my investment back. That was a 100% profit in just a few months.
And this is how HOMU may become a long-term investment:
nobody knows for sure what will happen but IMO there is a high chance that HOMU will become pink current in 2022. It's an opinion based on a lot of factual information. When that happens the sp will easily be back to where it was in Q3 this year. That is up to 60 times from where it is now. At that moment, based on the information that will be released by the owners of HOMU I will decide if it becomes a short, mid or long-term investment for me. Regardless, when HOMU becomes pink current I will additionally get no less than 2 times my initial investment, possibly 10 times.
In short, I doubled my money and I have a chance to get 2 to 10 times more.
Nobody is saying that otc stocks are investment grade. But they are a certain kind of investment, in terms of risking a capital and getting a return.
If you play them well the return can be substantial.
I am not selling my shares. The potential upside is huge. Period.