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Re: Undercooked Falafel post# 3517

Wednesday, 12/01/2010 6:34:58 PM

Wednesday, December 01, 2010 6:34:58 PM

Post# of 3539
As most of you recall,AMRA was de-listed back in April of this year.When that happened the stock descended to the gray market where it can still be traded.The problem with trading gray market stocks is you practically have to do it yourself.Pink Sheets OTC explains better than me."There are no market makers in this security. It is not listed, traded or quoted on any stock exchange, the OTCBB or the Pink Sheets. Trades in grey market stocks are reported by broker-dealers to their Self Regulatory Organization (SRO) and the SRO distributes the trade data to market data vendors and financial websites so investors can track price and volume. Since grey market securities are not traded or quoted on an exchange or interdealer quotation system, investor's bids and offers are not collected in a central spot so market transparency is diminished and Best Execution of orders is difficult."