Thursday, April 28, 2011 1:06:23 PM
I have been in since .0042 and don't plan on losing. I have averaged down a few times but I don't think the "games" will stop on otcbb.
"Pink Sheets is a privately owned company based in New York offering competing services to the OTCBB. Although it has been around for decades, it has only been operating as Pink Sheets LLC since June of 2000. Its website, www.pinksheets.com, offers quotation services for unlisted stocks, as well as stocks that cannot be listed on OTCBB because the investment does not meet the SEC reporting requirements.
What does this mean for the average OTC investor? OTCBB, while quoting unlisted investments, has slightly stricter rules, including financial reporting rules. Pink Sheets continues to quote investments that may be listed on the OTCBB but also investments that do not qualify to be posted there. For investors who love the excitement of higher risk investments but want slightly more safety that comes from stricter reporting requirements, the OTCBB is the quotation service to use. For investors who love the excitement of higher risk investments and want greater access should look at investments found on Pink Sheets."
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