Yes, most of them did, I imagine.
The issue is why SO MANY STOCKS were suddenly dropped from the OTCBB quotation service.
Speculation for far:
One or more market participants (aka market makers) decided to stop quoting via OTCBB last week, and four days later, a long list of stocks were dropped from the OTCBB. This also ended all piggy-back OTCBB quotation of these stocks.
This makes people wonder WHY this might happen...
- Why would a MM essentially stop vouching for these companies to continue to be quoted on the OTCBB?
- Is it because it's cheaper to just quote one place, the pinksheets?
- Is it because pinklink quotations are cheaper than OTCBB, and there was no reason for some MM to pay fees to both? (probably so, imo)
- Was some market participant FORCED to stop quoting a bunch of stocks? Was it a regulatory problem for a MP? It was all done at the first light of the day on a Tuesday after a Monday market holiday, which is odd, and raised a lot of questions in my mind...
- If it was just a business decision, why was The Daily List released at 0755 hours (very odd) and why did it take two days (Tuesday and Wednesday) to release the long list of stocks? Was somebody unprepared?
There will be more coming, I'm sure.
Just all I have time to type right now.
News 
Market Data 
Discover 
