Japan Airlines Corporation Unsponsored ADR (fka JALSQ)

[knulp]

to blarsch from knulp

I look every night at tokio stock exchange: japan airlines is trading between 2 and 3 yen or 0.022$ and .0333 so I don't know...jalsy is an adr or certificate represntative 5 shares so it should trading at .16 but now is 1.06. Speculation's betting on bid by Delta or other peer, I think some positive news will come in the next days, JAL is a big company with many assets, in a bankruptcy filing never say never...speculation is betting only on JALSY maybe dosen't know JALSF as trading symbol(absurdity)???
but remeber the trading floor difference: adr is trading on primary floor, JALSF on grey market segment of pink sheets, so not market makers imho the reason!