" the 2021 bull market in the OTC was just wave 1 of a bigger picture move
the 2.5 year bear market since then was just a necessary phase for the market to fully reset
Now the shells which were overbought and expensive in late 2021 are cheap and ready to be bid up again, especially as the floats are almost certainly held in fewer strong hands now and the speculative market keeps getting hotter
If 2021 was just wave 1, then it’s reasonable to wonder if wave 2 sees even more capital and even higher highs.
many of the 2021 runners can not only revisit their secular high water marks, but also break through and squeeze to new long term highs
2021 was an unprecedented bull market in the OTC and represents something even bigger is occurring when you step back and appreciate the wider picture "
$PWDY was revoked by the SEC from 2019 - early 2023. How many OTCs do you know of that came back from revocation? I know of less than the fingers on one hand. Since they've come back from essentially being dead to the world, their share structure hasn't changed by 1 single share.… pic.twitter.com/EjFd5iza9O
$PWDY is very quietly doing something VERY special for an OTC. Comes back from SEC revocation, doesn't dilute since returning, insiders own 40% of the o/s, management dedicated to long term survival and organic growth, accumulation through the roof and now knocking on the door of… pic.twitter.com/Zt2msU3Nmi
The OTC Special Event Theory or the #OTCSET for short is the recognition of longer term strength/trends in a great number of OTC stocks - the likes of which I don't believe has ever happened before.
It's an objective fact that around 2020/21 more OTC tickers (many being long…
#OTCSET isn't about any one ticker, it's about a secular pattern which has normally been rare in the OTC and tends to correlate with (relative) bullish fundamentals and/or positioning. $MVCO$MRES$GRLT$PWDY$SPZI$RITE$DUTV$CYBL to name some of my faves, but there's a long… pic.twitter.com/yeLsJ3ekLs
The #OTCSET is about recognizing something unique in the OTC landscape - an unprecedented event where numerous tickers hit secular highs back around 2021, setting a stage for potential long-term growth, not just the typical OTC dead cat bounces. We're…