GREY:CHALF - Post by User
Post by
RebeccaGon Nov 16, 2021 1:42pm
76 Views
Post# 34132777
Fake news & Blazer proforma brewing before release of Q3.
Fake news & Blazer proforma brewing before release of Q3. According to Kiplinger:
Microcaps or OTC stocks; by any name, are bad news. False promises of quick and painless riches are easier to fall for when an investment can be made with so little money up front. An investor might think, "How risky could it be?
Answer: Plenty. Per the Securities and Exchange Commission: “Academic studies find that OTC stocks tend to be highly illiquid; are frequent targets of alleged market manipulation; generate negative and volatile investment returns on average; and rarely grow into a large company. This is not to say that every micro or OTC company is a scam. The danger is that the over-the-counter market is where the scam stocks live. Think of it as a bad neighborhood. Just being there can make you a mark for a scam.