Are OTC Markets Safe? Learn More About Them Here
When investors hear “over the counter,” they tend to think, “Uh-oh… high risk!”
Their minds fill with the dangers – and glories – of penny stocks.
It’s unfortunate, but investors are often warned to avoid stocks that sell “OTC.” And if they do trade them, they are told to practice extreme caution.
But the realities of OTC are likely much different from what you’ve been told or may believe.
That’s why, for this episode of CannaBiz Now!, I welcomed Jason Paltrowitz of OTC Markets Group (OTCQX: OTCM). The company runs the OTCQX, OTCQB and Pink Sheet markets.
These are home to more than 10,000 OTC securities.
Paltrowitz broke down the difference between each of the OTC risk rankings, as well as the differences in listing requirements between OTC and other major exchanges (like the New York Stock Exchange and Nasdaq).
He also talked about how cannabis and cryptocurrency have affected OTC trading volume. And he busted some of the biggest myths about OTC listings.
This insightful interview about OTC markets, penny stocks, cannabis indexes and global brands has a useful takeaway for every investor.
And you might even learn the correct way to pronounce Adidas (OTCQX: ADDYY)!
Here’s to high returns,