InvestorsHub Logo

Hestheman47

06/06/23 10:45 AM

#4592 RE: creede #4591

It certainly explains the circumstances of one of my stocks.....BABL, which has now gone to Expert Market. They could never get a name change done. Now I am literally down to holding one OTC stock. Fortunately, it already did a name and symbol change.....just waiting on an 8k. The Expert Market is indeed B.S. it really shows how corrupt our markets are. As Big Brother once said, the regulators are most likely in the pockets of the big investment banks that want IPO's.....NOT reverse mergers. I really don't feel like reverse mergers take a whole lot away in the way of IPO's, but they are so greedy. I think Big Brothers most recent post also expresses my feelings on the current state of the OTC to a T. It really does depress me because trading OTC stocks was a big part of my life. The last true avenue that could build wealth for the little guy.....without a whole lot of work. It is quite depressing now.

Hestheman47

06/06/23 10:52 AM

#4593 RE: creede #4591

Yeah. They have attacked reverse mergers from every angle. Also, remember 000 plays? You could sometimes accumulate triple 000 plays and hold for pennies, making tens or even hundreds of thousands of dollars if you played them right. I went to Street Trader's board the other day, at one time alot of great ideas were shared looking forward to the next big 000 play. Look what it has become https://investorshub.advfn.com/0001-to-0009-PICKS-ONLY-9038 Street Trader still posts on the board almost every day LOL Good morning......have a great evening....that is all you will find there now. He was a good trader. Those plays are all dried up now. Many of them are probably on the Expert Market where no one can touch them. This really is a dire situation. There can really be no doubt now that this is the end of the OTC.