Bigarow, give him some of this, I don't mind.
Give me the OTC any time, call me senseless but I'll put my record trading OTC against yours trading the Nasdaq, your call but keep in mind I have trading records, buy and sell transactions, 1099's and a Schedule D to back up these facts.
When Verticalnet was trading at $132.63 a share in February of 2000 I opted to buy and sell OTC America for a profit of 4756.00, my purchase price 2.06.
When Metromedia Fiber was trading at 37.91 a share in January of 2000 I opted to buy and sell Concorde Holdings for a profit of 14,071.00, my purchase price .26
When Purchase Pro was trading at 78.75 a share in January of 2000 I opted to buy and sell Elsinore for a profit of 11,991.00, my purchase price 1.95
Should I go on, yes they were OTC stocks but I was able to buy many more shares with my money than if I had bought the Nasdaq.
OTC trading can be extremely lucrative. You have to do your research exactly like you would do if you bought one on the Nasdaq.
The facts presented here represent 3 trades in the year 2000.
I have a total of 436 for the year 2000 and yes I made a profit for the year.
No stock be it Nasdaq, AMEX etc. is safe to invest in without doing the due diligence required.
I resent highly your calling us "senseless" as this is my job and personally I think I do it well.
Maybe you should check into the world of OTC investing as it certainly pays more than being a reporter in my opinion.
Regards
Patsy Williams