Once upon a time, there was a curious investor named Leo. He had mastered the art of buying big-name stocks like Apple and Amazon on major exchanges, but lately, he’d been hearing whispers about the "OTC markets"—a place where smaller, more adventurous companies lived.
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He was now an OTC shareholder. He knew these stocks were risky—some might go to the moon, and others might disappear—but he had followed the right steps: finding the right broker, checking the tiers, and using a limit order. Once upon a time, there was a curious investor named Leo
The wild west, where companies had very few reporting requirements. For financial advice, consult a professional
Because OTC stocks have low "liquidity" (meaning fewer people are buying and selling at any given time), the price can jump wildly in seconds. A could result in him paying way more than he intended. Leo carefully typed in his maximum price—his "Limit"—and hit submit. Chapter 4: The Patience Game