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Re: OldTymer post# 2313

Saturday, 02/14/2009 10:20:34 AM

Saturday, February 14, 2009 10:20:34 AM

Post# of 8867
Pink Sheet stocks are over-the-counter (OTC) securities that do not meet the listing standards required to trade on the NYSE, Nasdaq, AMEX or other major stock exchange due to their limited capitalization and/or the limited number of shares outstanding. With a few exceptions, Pink Sheet stocks are small, thinly-traded issues that often carry a great deal of risk. Most Pink Sheet stocks are not very liquid, and as such, bid/ask spreads are often quite wide. Online quotes for these securities are not "firm", but instead are meant to provide indications of price only.