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Re: StockSniper00 post# 2453

Friday, 03/17/2006 2:33:32 AM

Friday, March 17, 2006 2:33:32 AM

Post# of 56764
Regulation NMS sets minimum quotation size to $0.01 increments for stocks over $1.00 and $0.0001 for those under $1.00. This reg does not apply to OTC stocks.

Last year, NASD filed a proposed change to Rule 6750 which basically imposes the same requirements as NMS for OTC stocks. It hasn't been approved yet. Until this happens, the lower range is limited to whatever their computer system is set. I think OTCBB and Pinklink can accept bids/offers out to six decimal places. A subset of pinkies though have imposed quote increments because they're part of Pinksheets' current test program. http://www.pinksheets.com/about/pr_020106.jsp


I also spent 6 months there and I have seen the kalabaw in person. It is a dilapitated looking ox.

Only six months huh?? Frankly, it's pretty hard not to run into one of these animals if you do any ground traveling in the PI.



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"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
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