I've heard of something in the U.S. called "Pink Sheets". Does anyone know much about it (I think they are an OTC market)?
I've heard of something in the U.S. called "Pink Sheets". Does anyone know much about it (I think they are an OTC market)?
Prior to viewing this thread I'd not encountered this expression.
According to "Investopedia" :
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...
...Investopedia explains 'Pink Sheets'
The pink sheets got their name because they were actually printed on pink paper. You can tell whether a company trades on the pink sheets because the stock symbol will end in ".PK".
Read more: http://www.investopedia.com/terms/p/...#ixzz26ALvNwQO
richard joyson (mr charts) over at trade2win.com uses time/sales and pink sheets if memory serves correctly, he used to run a thread which had his stratgies, seemed simple and effective enough.....a lot of pros with time and sales trading small stocks on break-outs day trades...penny stocks
also look up Naz
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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