1Wk·

OTC takes off

$5726 (+1.37%) is jumping today by a good 10% to over €16.55. After the dear @Tenbagger2024 and @Multibagger had already introduced the company, I’m taking advantage of today’s surge to share an interesting article about OTC (it’s a bit older, but it’s a good read and provides some background):

https://www.sumitomocorp.com/en/jp/enrich/contents/0107

5 Comments

Tenbagger2024@Tenbagger2024

1Wk

Thanks, that's very interesting. That's how the stock market works. Investors identify in advance which sectors will be the growth sectors of the future, which raw materials and resources will be needed for them, and where the bottlenecks are.

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Get_Rich_or_Die_Tryin@Get_Rich_or_Die_Tryin

1Wk

@Tenbagger2024 It’s interesting how everyone here is now talking only about bottlenecks, as if there were no longer any well-functioning, boring-as-hell long-term investments. At the end of the day, it all comes down to the individual.

Anticipating a potential bottleneck: usually not that easy. As a rule, you’re always a step behind and miss out on the first few hundred or a few thousand percent in price gains. That’s probably why it’s not really for most people. There will likely be far more people, on average, who buy into some company because of these supposed bottlenecks without really looking into it, and when the hype crashes and burns, they’ll be left sitting on a mountain of losses.🤷🏼‍♂️

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Tenbagger2024@Tenbagger2024

1Wk

You're right about that. I was actually referring more specifically to Osaka Titanium, since Russia and China are out of the picture here. But of course, a portfolio shouldn't consist solely of stocks like that. I think we've both emphasized often enough here just how important it is to have a stable core.

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Get_Rich_or_Die_Tryin@Get_Rich_or_Die_Tryin

1Wk

@Tenbagger2024 We do, of course. Still, unfortunately, that’s pretty much the general sentiment here these days.🤷🏼‍♂️

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Tenbagger2024@Tenbagger2024

1Wk

@Get_Rich_or_Die_Tryin Of course, you have to look at the substance. My next performance will also be a "Risk Bude" featuring all Irish people.

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