i dont think we will ever see a time like jan-march again that we had this year..that was rare and incredible,it does not mean that they will not be good times and ways to make money,but i do not think you can expect that kind of market to pop around the corner every year,if lucky it could be like an el nino and show up again in a few years.. the main problem with the otc market is fear,every other market has had bounce days and slight recoveries,the otc market does not offer that kind of plays..
i do not post out of frustration,because i have only suffered 6 losing days total this year,if there is a way to make money in the market,i will find it..today for me is was utdlw...
but it does not mean i do not have level 2 and see what they do with iftp on consistant news of incredible profits week in and week out..or even yesterday with ATTP.. as soon as news comes out they run it a few cents without taking any orders,have people chase it,then 10 minutes it is almost like you can hear the whistle blow and they take it back even lower then when news came out.. great way to take the same shares you just ran up and sold and get .05 cents a share profit on them...
i have said for a long time the only way you make them pay is choose not to play..you seem to ignore my statements and keep throwing money at them..well,for all those pm's that ask me if it is that bad,my portfolio is up every month this year very nicely and i will continue to make money,most of the time buying the stock that is down 40 or 50 percent that day that they scared you out of just for 5 minutes for a 5 percent swing...
you can choose to make a difference in how they operate.. your money....i dont buy that this market is a trickle down theory,this market operates under its own guidelines and since there is no eyes watching are run completely by the mm;s,with the ecn's cutting into there pockets,here is where they try to get it back... mm's do have contact with each other,they do play for each other and do favors in exchange for other favors in other stocks and they do steal from us...that is the bottomline,do not look at the nasdaq,do not look at the dow,they do not make up the structure of how the otc market goes..... |