Fatty's Donut Shop Message Board

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Strategies & Market Trends : Fatty's Donut Shop

KKD 21.00

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Aug 4 5:00 PM EST

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To: tinsoldier who wrote (1913)	6/23/1999 10:56:00 AM
From: Khris Smith	Read Replies (1) of 5041

Here is my take on the new rules to come. (SEC file) It is said that 2/3s of the OTCBB companies will be delisted to the pink sheets. Well, since 1995 the BB volume has tripled....there is a huge demand for "cheap" stock. As companies get delisted it will, in effect, decrease the BB shares available. Just like decreasing the float in a stock. This will force a growing number of "traders/ investors" of BBs to drive the prices of listed BBs through the roof. Filing may increase the respectability of all OTCBB stocks, possibly allowing higher valuations. I realize some people will get stung by the delistings, but most of "us" are aware of this rule and own these stocks for minutes to days at a time. The people that create daily volume will go unaffected. While many are staying away from the BBs, because of the new filing rules, I believe it will prove to be a GREAT time to be in a reporting BB. khris / nitetrade

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