buying OTC stocks online?
Discussion
Trouble is that it's not an exchange.
OTC (over the counter) is the exact opposite of what an exchange is.
There is no transparency, next to no regulation and fundamentally you only list a corp via this mechanism because you need to raise money from mugs as no legitimate source will give access to funds because either you are bent or your business is s
t.
People buy Ferraris by avoiding things like OTCs or being the issuer of OTc stock, they aren't bought by the poor soda duped into buying the stock by dishonest and over glamourised articles written by professional shysters.
Sorry but I've been in this exact business for 20 years and this is not a route to make any money, just the opposite.
Don't get dragged in by the hype. The hype exists to strip people of their hard earned money. There are no legitimate brokers, analysts or anything at this level of the market. They are all in collusion, all working to ramp stock up and sucker poor punters out of their cash.
Just google for the thousands of scams.
OTC (over the counter) is the exact opposite of what an exchange is.
There is no transparency, next to no regulation and fundamentally you only list a corp via this mechanism because you need to raise money from mugs as no legitimate source will give access to funds because either you are bent or your business is s
t. People buy Ferraris by avoiding things like OTCs or being the issuer of OTc stock, they aren't bought by the poor soda duped into buying the stock by dishonest and over glamourised articles written by professional shysters.
Sorry but I've been in this exact business for 20 years and this is not a route to make any money, just the opposite.
Don't get dragged in by the hype. The hype exists to strip people of their hard earned money. There are no legitimate brokers, analysts or anything at this level of the market. They are all in collusion, all working to ramp stock up and sucker poor punters out of their cash.
Just google for the thousands of scams.
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