InvestorsHub Logo
Followers 400
Posts 48626
Boards Moderated 0
Alias Born 06/20/2011

Re: king oil post# 100852

Sunday, 09/11/2011 7:45:00 PM

Sunday, September 11, 2011 7:45:00 PM

Post# of 103302
I think LLEG and other companies -- Nestle (market cap $202B), BASF ($55B), Daimler($47B), China Construction Bank ($179B) -- would disagree with that statement.

LEGG is not traded as American Depository Receipts and is not a foreign stock issue. It is obvious, to most of us at least, that what sunspotter is referring to are US based companies that choose to trade as a pink. It just so happens that ADR's are traded in the OTC "Other" category since they do not file with the US SEC, but they DO FILE (and HAVE to file) with their own countries Securities Regulator. A US based pink does not have to file with anyone.

The comparison is meaningless...and in fact, downright risky to someone that does not understand the difference.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.