OTC-BB Index (fka OTC-Ind)

[Francois+Goelo]

>>> Matt, Absolutely NO PINKS on the OTC Index...

All must be fully reporting companies and will be dropped the moment they cease to be...

You have to be very flexible with the volume criteria, as usually the better OTC-BB's have fewer shares outstanding and therefore less volume... I'd say 15/20,000 shares/day is about top to start screening...

I'd rather tigthen the other criteria but not eliminate little known OTC's with few shares out, as they're often the best value and the most genuine company... Here is an extreme Example, even though it's a NASDAQ stock...

http://biz.yahoo.com/p/d/dtagy.html

http://finance.yahoo.com/q?d=t&s=DTAGY

I believe that there are now just under 3,800 (3,797, to be exact) OTC-BB stocks and that the broad Index should be limited to 400 stocks and called OTC-400...

http://www.otcbb.com/dynamic/tradingdata/monthly/generalstatistics.htm

http://www.otcbb.com/TradingData/HistAnnualStats.stm

Most of the heavily traded stocks don't even reach 1 cent, which is why they have such high volume and are really distorting the general Volume Stats for the OTC-BB, as a whole...

http://www.otcbb.com/dynamic/tradingdata/daily/activebyshare.htm

http://www.otcbb.com/dynamic/tradingdata/top100list/top100.htm

Have Fun!....

FG