News Focus
News Focus
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gumzsa

06/14/12 10:23 AM

#556 RE: Renee #555

whats funny is pink sheets arent required to file so thats what makes it BS.

Definition of 'Pink Sheets'
A daily publication compiled by the National Quotation Bureau with bid and ask prices of over-the-counter (OTC) stocks, including the market makers who trade them. Unlike companies on a stock exchange, companies quoted on the pink sheets system do not need to meet minimum requirements or file with the SEC. Pink sheets also refers to OTC trading.

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Barney Vissur

06/14/12 10:33 AM

#558 RE: Renee #555

An unaudited financial isn't worth the paper it's printed on. If this is where the SEC is directing its resources, no wonder Chase can get away with a 2 billion dollar trading loss, say, "I'm sorry" and move on. If the SEC was examining how trades are being executed by a publicly traded entity like Chase, there might be a little less of 2 billion dollar losses going on instead of a few million dollar company like this.