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Re: Monksdream post# 134600

Sunday, 03/25/2018 6:41:15 PM

Sunday, March 25, 2018 6:41:15 PM

Post# of 203913
OTC Markets and Pink Sheets
The OTC market is a generic term for companies that don't trade on a single, organized exchange such as the NYSE or the Nasdaq. The OTC divides itself into three major components: the QX market, where companies have minimum financial requirements; the QB market, where they must be current in their financial reporting; and the Pink Sheets, where companies can (and do) trade with no disclosure whatsoever, even if their share price is less than a penny. The trading takes place through electronic communication networks, where brokers and market makers post their bids -- their offers to buy, with share amount and price -- and asks, or offers to sell. Trading in OTC stocks can be volatile and risky, as thinly traded stocks tend to move more rapidly in price than more liquid securities.

Big difference. OWCP trades on the QB not the pinks.

Whoever is careless with the truth in small matters cannot be trusted with important matters.
– Albert Einstein