Thats because the NASD sets the symbol. We wont know what it is until the xdate!
WHAT?? The stock is either registered to trade or it isn't. The registration process is lengthy. It doesn't happen overnight.
Overstock.com CEO is currently launching a massive fight to try and expose the naked shorts.
So far Patty has proved nothing whatsoever, and his father is considering resigning from the board because he thinks Patty should concentrate on business.
SEC doesn't care about OTC stocks unless they recieve an outrageous amount of complaints, then there is an investigation. They simply dont have the manpower to police every stock. They have thousands of stocks on the big boards to deal with.
Absolutely right. But they DO get an outrageous number of complaints about OTCBB and Pink stocks. Just think of the CMKX emailing campaigns. Some of them wrote EVERY DAY for rather long periods of time. The problem is that they didn't have facts and figures; the SEC is ONLY interested in facts and figures.
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