Over-the-counter equities are stocks that are not quoted on a national securities exchange such as Nasdaq or the New York Stock Exchange. They include smaller companies and those in controversial industries such as cryptocurrencies and cannabis, along with American depositary receipts that make it easier to buy stock in large overseas companies such as Nestlé and Tencent.
Jason Paltrowitz, executive vice-president at OTC Markets Group, which operates the main marketplace for over the counter stocks, said there had been a definite “levelling off” in activity from traders who “just had extra money sitting around”. However, he added that activity remained stronger than before the pandemic, and he expected a “new normal” level to continue into the long-term.
“We’re seeing activity shift to more traditional types of investment,” Paltrowitz said. “Rather than trading off internet hype and meme stocks, [investors] are trading in industries they’re passionate about or things they’ve been thoughtful about.” Although the absolute number of trades has continued to decline, the dollar value of activity has been more resilient as a smaller number of investors make higher-value trades.
These stocks are all great, but they can also be very risky. You might be more likely to consider a less risky stock with a higher potential for profit, or even lower PSYBF. Because I've been watching it for some time and I'm super impressed by it, you should take a look!
Haha, congratulations on discovering the wonder that is $PSYBF! It was so amazing that I nearly did a double-take when I discovered it. It has been a Psybio stock.
Thank you so very much for telling my about PSYBF! The growth of PSYBF has transformed my life, both as a trader as well as an individual, dramatically. I think everyone should look into this amazing stock and buy shares ASAP.