Thursday, September 30, 2021 10:41:11 AM
G2P: Say what?
OUR HISTORY
This board was created on April 14th, 2020 in response to the phenomena of Grey Sheet stocks suddenly becoming Pink again - hence the name "Grey to Pink," or G2P for short.
From the beginning, we have made great effort to chronicle all of the G2P stocks. Lord willing, this shall continue.
We typically only track stocks that were previously Pink but lost their listing (and therefore became Grey). That would exclude New Issue Pinks (never traded before) and also F tickers (foreign stocks).
HOW DO WE KNOW?
A "Venue Change" occurs when a Grey Sheet security becomes listed on the OTC Market.
Whenever a Venue Change occurs, there is a notification posted at the OTM Markets website under the "Corporate Actions" tab.
https://www.otcmarkets.com/market-activity/corporate-actions
Select "Venue Changes" from the first drop-down arrow to see a listing of all securities which have changed venues over the last six months.
We are most interested in securities that have gone from Grey (or Expert) to becoming Pink again.
BUT WHY DO WE CARE?
We care because L2 is awesome. Grey Sheet and Expert Stocks suck because they do not have Level II quotes. Level II is needed for us to see the real market depth and also for the market makers to execute trades instantaneously.
L2 enables liquidity.
And when L2 is suddenly activated, securities tend to SURGE.
Need I say more?
SO WHAT IS CONSIDERED ON-TOPIC?
We are a laid back bunch, so really anything you want to talk about. Rarely do we delete a post. We appreciate all visitors (well, almost all of them!).
But if you really, really want to be on-topic with what we care about most, then here goes:
1. Any security (Grey or Expert) which suddenly regains L2 quotes. Of those, we are HIGHLY INTERESTED. Please post them ASAP.
2. Any security which is on our G2P list. When a stock goes from G2P (or E2P) we post them on the thread and then put them on a list. Afterwards, they remain of high interest. We want to see how they fare - if we own shares or not.
3. Any discussion that involves our ability to buy and sell OTC securities. Favorite topics include: the SEC, FINRA, the OTCM, and the Discount Brokers who have things so Jacked-Up right now! If you discover a broker who remembers their primary purpose (to execute our trades without prejudice), please let us know!!!
4. Any feedback regarding your opinion on our current CEO. We conducted a thorough search to find just the right person. See iBox for photo*.
WHAT IS THE GREY MARKET?
The Grey Market does not actually exist. Surprise! It is simply a way to describe securities that are not listed on any market or exchange. When a stock is not listed it does not have L2 quotes. That means you cannot see real time quotes and therefore are "flying blind" when you try to buy (or sell). Hence the description of "grey".
WHAT IS THE EXPERT MARKET?
The Expert Market is a creation of OTCM. It was primarily created so that Broker Dealers could more easily determine the market for unlisted stocks (Grey Sheets). They are currently required to literally call three Market Makers to determine best offers before completing a trade. This really sucks. Expert is supposed to solve that problem.
Thus far, the SEC has not created rules that would legitimize the Expert Market. So at this time, it's unclear if the Expert Market is functional - or not.
As of today, the Expert Market mostly consists of stocks that have been branded with the Caveat Emptor Warning because they were either suspended or promoted at sometime in the past. Therefore, the Expert Market is "all roached up" at present. Will be interesting to see if that changes.
Also, as of today, there has only been one security (that we know of) which has actually gone to Expert and returned to the Pink Sheets. Escapes are rare.
For those reasons, we lovingly call it...
THE EXPERT MOTEL*
Stocks check in;
but they don't check out. [/I]
*Credit to Stock Barber
WHAT IS THE HOUDINI LIST?
The Houdini List is a list of stocks which have escaped the Expert Motel.
Thus far...
It's a very short list.
E2P: HOUDINI LIST
~~~~~~~~~~~~~~~~~~~~~~~~~
CRCW on September 18th, 2020
OUR HISTORY
This board was created on April 14th, 2020 in response to the phenomena of Grey Sheet stocks suddenly becoming Pink again - hence the name "Grey to Pink," or G2P for short.
From the beginning, we have made great effort to chronicle all of the G2P stocks. Lord willing, this shall continue.
We typically only track stocks that were previously Pink but lost their listing (and therefore became Grey). That would exclude New Issue Pinks (never traded before) and also F tickers (foreign stocks).
HOW DO WE KNOW?
A "Venue Change" occurs when a Grey Sheet security becomes listed on the OTC Market.
Whenever a Venue Change occurs, there is a notification posted at the OTM Markets website under the "Corporate Actions" tab.
https://www.otcmarkets.com/market-activity/corporate-actions
Select "Venue Changes" from the first drop-down arrow to see a listing of all securities which have changed venues over the last six months.
We are most interested in securities that have gone from Grey (or Expert) to becoming Pink again.
BUT WHY DO WE CARE?
We care because L2 is awesome. Grey Sheet and Expert Stocks suck because they do not have Level II quotes. Level II is needed for us to see the real market depth and also for the market makers to execute trades instantaneously.
L2 enables liquidity.
And when L2 is suddenly activated, securities tend to SURGE.
Need I say more?
SO WHAT IS CONSIDERED ON-TOPIC?
We are a laid back bunch, so really anything you want to talk about. Rarely do we delete a post. We appreciate all visitors (well, almost all of them!).
But if you really, really want to be on-topic with what we care about most, then here goes:
1. Any security (Grey or Expert) which suddenly regains L2 quotes. Of those, we are HIGHLY INTERESTED. Please post them ASAP.
2. Any security which is on our G2P list. When a stock goes from G2P (or E2P) we post them on the thread and then put them on a list. Afterwards, they remain of high interest. We want to see how they fare - if we own shares or not.
3. Any discussion that involves our ability to buy and sell OTC securities. Favorite topics include: the SEC, FINRA, the OTCM, and the Discount Brokers who have things so Jacked-Up right now! If you discover a broker who remembers their primary purpose (to execute our trades without prejudice), please let us know!!!
4. Any feedback regarding your opinion on our current CEO. We conducted a thorough search to find just the right person. See iBox for photo*.
WHAT IS THE GREY MARKET?
The Grey Market does not actually exist. Surprise! It is simply a way to describe securities that are not listed on any market or exchange. When a stock is not listed it does not have L2 quotes. That means you cannot see real time quotes and therefore are "flying blind" when you try to buy (or sell). Hence the description of "grey".
WHAT IS THE EXPERT MARKET?
The Expert Market is a creation of OTCM. It was primarily created so that Broker Dealers could more easily determine the market for unlisted stocks (Grey Sheets). They are currently required to literally call three Market Makers to determine best offers before completing a trade. This really sucks. Expert is supposed to solve that problem.
Thus far, the SEC has not created rules that would legitimize the Expert Market. So at this time, it's unclear if the Expert Market is functional - or not.
As of today, the Expert Market mostly consists of stocks that have been branded with the Caveat Emptor Warning because they were either suspended or promoted at sometime in the past. Therefore, the Expert Market is "all roached up" at present. Will be interesting to see if that changes.
Also, as of today, there has only been one security (that we know of) which has actually gone to Expert and returned to the Pink Sheets. Escapes are rare.
For those reasons, we lovingly call it...
THE EXPERT MOTEL*
Stocks check in;
but they don't check out. [/I]
*Credit to Stock Barber
WHAT IS THE HOUDINI LIST?
The Houdini List is a list of stocks which have escaped the Expert Motel.
Thus far...
It's a very short list.
E2P: HOUDINI LIST
~~~~~~~~~~~~~~~~~~~~~~~~~
CRCW on September 18th, 2020
GodBless-NoDoubt
creede
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