Pilgrim Petroleum Corp. (PGPM)

[penn_e_pincher]

Well, it looks like they are willing to buy but not willing to sell any shares. They are making a one-sided market. It could be worse, they could withdraw quotes completely if they wanted to and we'd have nobody to deal with whether buying or selling. Welcome to the pink sheets. Unlike the major markets, I don't think they are obligated to fill anyone's order even if you are matching their price. Anyone know where we can find market-making rules they must follow for order handling on the pinkies? We can't trade with each other, right? All our orders must be handled through an MM, unlike NYSE or NASDAQ listed securities where we can display our bids and offers on an ECN. Am I right? Well, I guess that's just the way it is for now. We are in wait and see mode and so are the MM's, I guess. The ball is in pinedo's court.

penn_e_pincher