Replies to post #117190 on HUMBL Inc (HMBL)

[NoMoDo]

Thank you for the perfect example!

OTC stocks are a bit different. Beginner traders don't see the distinction on how to trade OTC compared to "real stocks." There is more risk here, but much greater rewards - except if you traded TSLA a few years ago. Really good rewards there too.

I personally would welcome the stock going to .001 over a short term period.

When a stock trades at a buck a share, it takes a dollar movement to double your investment. When a stock trades at .001, it only takes a .001 movement to double. The risk is that OTC stocks tend to go out of business. If they don't go out of business and they eventually figure out share structure, there is a ton of opportunity. I feel pretty safe with this one.