Over-the-Counter (OTC) Stocks Dicussion Thread
Starting this thread because OTC stocks are running very hot and have been doing so for the past few months. There is significant interest in them. Yes, I know there is an awesome Penny Stocks thread but with so many tickers, OTC stocks deserves it's own.
A side of caution: OTC stocks can offer great potential rewards. You can easily bank a 5X, 10X, and even 100X or 1000X if you get in super early. However, there is also a lot of risk and volatility. It is not uncommon for these stocks to go up 100%+ one day and down 30-50% in another. Intraday swings can be wild here. However, with the massive amount of stimulus being pumped into the economy by the US government and significant interest from retail investors, if you can stomach the volatility, you can ride some nice uptrend and maybe find some hidden gems in the process (look at TSNP's 15000X run).
VISM and VDRM are my two biggest OTC swing holdings. I will write about why I chose these two in further posts but not in this OP. I am also going to start adding some FAQs and notes to the thread summary. Please feel free to contribute.
What are some tickers you are holding/watching?
A side of caution: OTC stocks can offer great potential rewards. You can easily bank a 5X, 10X, and even 100X or 1000X if you get in super early. However, there is also a lot of risk and volatility. It is not uncommon for these stocks to go up 100%+ one day and down 30-50% in another. Intraday swings can be wild here. However, with the massive amount of stimulus being pumped into the economy by the US government and significant interest from retail investors, if you can stomach the volatility, you can ride some nice uptrend and maybe find some hidden gems in the process (look at TSNP's 15000X run).
VISM and VDRM are my two biggest OTC swing holdings. I will write about why I chose these two in further posts but not in this OP. I am also going to start adding some FAQs and notes to the thread summary. Please feel free to contribute.
What are some tickers you are holding/watching?