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lucky, mydog

08/08/17 11:00 PM

#38475 RE: er111a #38474

THE GREY MARKET IS NOT A DEATH SENTENCE.

it is for stocks that are there due to sec suspension.

janice shell

08/08/17 11:03 PM

#38476 RE: er111a #38474

Most of the stocks on that list have never been suspended. Some lost compliance with Rule 15c2-11 because their MMs lost interest. Others are waiting for their Forms 211 to be approved by FINRA.

1manband

08/08/17 11:23 PM

#38478 RE: er111a #38474

Let's discuss the gray market.

Every single stock in the world that doesn't trade on a US Exchange or has a 15c2-11 trades on the Gray Market. Every...single...one. That is thousands of companies.

The percentage of gray market stocks that are there because of an SEC suspension terminating their 15c2-11 eligibility is a very, very, VERY small percentage of all gray market securities. And for those, it is a death sentence. Because unlike those foreign securities that trade on one or more actual stock exchanges outside the US, the SEC suspended stock never has a bid or offer anywhere. Never has an organized market, anywhere. And has little interest from investors post-suspension.

$hellKing

08/09/17 3:08 AM

#38493 RE: er111a #38474

Its as close as it can get to a death sentence. I follow greys prettt well. Ive gone through the entire list twice. Yes some do well but most if those are foreign corps that have a dual listing. They get removed more than any stocks in the market. Check out the daily list of deletions. The regular US greys are basically almost gone. There used to be thousands of them and now most have been removed.

The only good thing about it is you can get cheap azz shares and sometimes flip them if someone is dumb enough to put an order in. You could get 300k at 0001 bc most people market sell. And flip at a penny or whatever price. Im sure there will be some market sells to 0001 or 00001.

Some do come back to life but these are usually really old dormant ones that some facilitator tries to use for a rm
You dont see many that were recently put om greys come back if at all....


Ive seen 6 buck pinks go greys start trading at 001 on next trade.

Hattori Hanzo

08/10/17 5:22 PM

#38559 RE: er111a #38474

"THE GREY MARKET IS NOT A DEATH SENTENCE"

Right, deletion of the symbol is a death sentence, the greys is just life without parole

Wormking777

08/28/17 1:53 PM

#39499 RE: er111a #38474

This stock is on its deathbed lol.