Electrovaya Inc (ELVA)

[BornAgain]

Thanks for that article Paulifer, I like the last line in that article.

Bottom Line
If shares of a company are traded on the OTC Markets and has news that it plans to uplist to the Nasdaq or the NYSE, it usually attracts some interest from investors.

But with a company’s shares trading on the Nasdaq or NYSE rather than the OTC market, it is likely to attract institutional investors and hedge funds that can play an important role in the further re-rating of its valuations.

This wider group of investors typically don’t trade OTC-listed stocks as there not enough liquidity. But when a stock uplists to the NYSE or the Nasdaq, they can trade it.

Additionally, stocks that uplist to a centralized exchange are seen as more growth-oriented, which means increased upside potential to go along with more volatility.

Combining uplisted stocks with strong fundamentals can work extremely well for you. However, the tricky part is finding them before they uplist.