How many weeks ago did you Say it would easily be under a penny by now??
I don't know who's claiming 50 cents, But right now that is Is not realistic Even if they do come up to the average PE or PS ratio. I try to be consistent, And I can tell you the 2 things that concern me most about the OTC, Are those that try to put out exaggerated prices on their stock picks... And those that express "concerns" with no real facts to back them up And never add any new information to the discussion.
Most investors know this has always been a problem especially in the OTC.... But the Consequences of those buying at exaggerated prices during the covid binge.... Has just given the OTC an even blacker eye than it already had.
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