InvestorsHub Logo
icon url

RockQQ

06/28/11 11:44 AM

#2610 RE: Flatcat #2609

Flatcat, that happens all the time on Wall Street. Go investigate and find the proof....otherwise accept the reality.

And yes, hedge funds could seriously speculate in a pink sheet stock priced in pennies if they wanted to. So some could be playing in BORK even now without financials. It's only the pension funds, big asset managers, and insurance companies that are usually restricted to exchange-traded companies priced above $5 and reporting full financials.

icon url

JonETrader

06/28/11 12:10 PM

#2612 RE: Flatcat #2609

I was satrting to respond and I see Rock already did which reflects my sentiments in summary format, but to answer below: No I wasn't sugesting institutions are buying, but more along the lines of trades between market makers, ut it is possible as Rock suggests. Price and volume are important, but trades between market makers don't reallt impact this from what I know. What has Pink Sheet specifically done to Bork? As many people have said, Pink Sheets don't require much disclosure so if investors that can't accept that and base investment on their own DD and research should look to another investment. Most of your posts have been positive, so this threw me off - any changes in you long thoughts? and why? Finally, I don't know if a single Employee of Pick Sheets could purchase in the dark pools anyway, according to who tradess there - institutions, market makers, etc. I don't think Joey Pinksheet could buy there anyway. Just my thoughts. Have you ever called Andrew at BORK to address your concerns?