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Thirsty Tiger

06/17/11 2:52 PM

#10990 RE: wadirum1 #10985

Pink Sheets although its bad stigma is not all bad, provided they keep filing their periodicals on time. I believe, once removed from OTCBB there is a one year wait before they are eligible to apply for OTCBB quotation again. However, with the decline of OTCBB and flight of market makers and dealers to the OTCQX, this is not all bad

The FINRA OTCBB service has lost half of its quote positions in the last two years as dealers abandon the system for Pink Quote. Recent defectors have been E*Trade, Citi and StockCross.