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ZBud

07/17/11 4:24 PM

#7670 RE: Raider7 #7665

The fifth letter "Q" stands for bancruptcy proceedings. This is why this once high PPS NASDAQ comapay's price is so depressed at the moment. There are a whole list of fifth letter designations. If your curious about them just google it.

Now Pinks and OTC are risky enough. Banckruptcy issues are even more risky. What can and does happen in many cases are that the comapny is in such bad shape that all the common shares are cancelled. Yet many companies that exit BK procedings in good shape will keep thier common shares intact. In these cases the shares can have a great appreciation in PPS. There may be a few other options available also.

If one is intrested in Q stocks they should not judge one by others. One should actually do DD to determine if the risk is worth it. If one is going to assume that the commons are going to be cancelled or go to a dollar based on what happens in other cases without even looking into the current issues with this particular company then one shouldn't even consider it.

I've already stated my opinion eleswhere.

Good Luck to you.

Bud