The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Fredman who wrote (4762)	1/3/1999 11:34:00 AM
From: Rock_nj	Read Replies (1) of 90042

The OTC:BB has almost no listing requirements (although at some point in the future they will require companies to be reporting companies to list on the OTC:BB). That is why it is sooo risky to put your money into OTC:BB stocks. You just don't have clue about what you're actually buying. NASDAQ (while not as strict as the NYSE or AMEX {AMEX and NASDAQ have now merged by the way)), does have strong and clear listing requirements that have become stricter in recent years. This has been done to weed out some of the potentially fraudulent companies that might have gained legitimacy via a NASDAQ listing. As always, do DD before buying a stock.

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