Replies to post #4752 on OTC IPOs, Mergers & Other Material Events

[e-ore]

"Pink no infos coming back to life" was my bread and butter as well. I always seemed to get big gains from 3-4 per year, covering the ones that didn't work. I'd spend hours and hours dredging the internet for address changes, officer changes and items possibly quite meaningful that were unannounced. Pointless now :( The one thing I have left is analyzing trading activity on the thinly traded ones, looking for bunches of trades that add up to round numbers. On a stock that hardly trades, over a 1/2 hour period there might be a bunch of trades that look innocent but adding them up reveals a round number, like 200,000 shares or $20,000. Nobody says "get me $1,112 of XXXX," or "get me 14,367 shares." It's always a round number when meaningful new positions are taken. imo

[adijas]

The only way you can win is buying the tickers before others do. I've held some dark tickers (now expert market) just in case they will go current again. And I own a lot of current shells (also on Hanibals list) and just wait for the reverse merger. With the new rules they have to find a RM within 18 months. I also have some very illiquid tickers, some have a few k or less floats. GSHN for example, very few trades, but bought this under $3. Problem with bid sitting on those super low floats is sometimes you get only a few shares, so if ask isn't too high I have no problem hitting the ask.

Market has changed dramatically since the new rules. But I like this more than a year ago, when every ticker was running on nothing. This is more challenging. I like trading and trying to find the tickers before the crowd does. But if the money is coming to you no matter what you buy or own ... to be honest, it's boring. But I'm not materialistic at all, I'd rather donate to a food bank than buying a car or a watch.