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Microcap & Penny Stocks : BLHG, Fast Track Growth in China
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To: Pendretti who wrote (3789)9/14/1999 3:33:00 PM
From: Pendretti  Read Replies (1) of 4080
 
So, we now have BLHGE. There was another interesting story about the pink sheets today on my bloomberg. I have only read it quickly. The point is the pink sheets will become sophisticated with online quotes. Now brokers have to call to three people for the quote and then do the trade. The prices were only quoted each week.

Now that is over. It was mentioned that the pink sheets could be a competitor for the OTC-BB and also a lot of stocks (about 3000) will most likely be removed from the BB and could be listed on the pink sheets. This means people will not be stuck with non or difficult tradeable stocks, which is good news.

Just wanted to let you know. Hopefully there will also be quote services on the internet and that online traders accept these trades, there there is nothing to worry about the fact that BLHG becomes a pink sheet stock, IMO. If anyone has another opinion?

Rene.
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