Two of them are US stocks. The third is a EU stock. I own their shares in the EU one. Their shares in the US are on the Expert Market most likely from them not reporting financials. They're just complying with EU regulations, and will update their filing in the US once their medical device hits market in the US. It's already hit market in the EU.No, the worst case is you, weeping in your CPA’s arms.Worst case I lose money deposited.
Is there a super specific stock that you are interested in? Do they have ADRs listed in the US? That is the easy way.
Honestly, working from the institutional side, this is going to be a hard slog. It isn’t going to be worth it unless you make a big bet and hit a home run.
I only lose $40k max. I'm starting to think the cheapest way currently would be setting up a trust in Canada.
I've found a blog from some guy who has been trading dark stocks. Supposedly he's gotten returns of 33% per year on average from what he is doing, while the cagr of the SPY averaged out to only 13% for the same time period. He kept having to open new brokerage accounts, and move his shares since his brokers kept restricting the stocks he was buying. He's an engineer that seems to have figured out the OTC market.
I'm taking a much safer strategy of buying companies I think recover within ten years, or they liquidate for more than their trading at currently. More of a buy and hold approach with maybe selling some early for risk management.
Statistics: Posted by rodamusprime — Thu Apr 25, 2024 10:04 pm