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Replies to post #121817 on Day Tradexchange Inc. (SYNJ)
The GidDy uP Kid
07/26/12 4:48 PM
#121818 RE: FLGator_PTG #121817
The review is more based on the SYNJ stock itself and the information that has or has not been released by the company. Over-the-counter stocks often do not have enough information available for us to make a good assessment of the risks associated with the stock. FINRA rules require us to err on the side of caution and not accept the transfer. One rule of thumb is to look at the classifications listed on this page: www.otcmarkets.com/learn/otc-market-tiers SYNJ is in the OTC Pink Limited Information class. It is not an absolute rule, but the four lowest levels are the ones where we are most likely to be unable to get enough information to take the transferred shares.