Monday, February 16, 2009 1:42:38 AM
There are three major equities markets in the U.S. The "big board" or NYSE the ASE and the NASDAQ or "Over The Counter." Stocks listed in the pink sheets are generally those which sell for $5 or less and/or those stocks that have been delisted from the major exchanges that still trade. There are also much higher requirements to trade on the ASE and the highest requirements to be listed on the NYSE.
Therefor, most stocks trade on NASDAQ (including companies that have met NYSE requirements but choose to stay on the NASDAQ) and OTC/Pink Sheet stocks.
OTC/Pink Sheets = Same thing, as the Pink Sheets are OTC.
I hope this helps.
AS
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