SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Softbank Group Corp
SFTBY 14.17+0.5%Jan 12 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: astyanax who wrote (3668)2/4/2000 10:19:00 AM
From: manohar kanuri  Read Replies (2) of 6020
 
NC:

Market cap may be high but if pink sheets are the only way to buy a stock you could define that as illiquid for practical purposes. Really depends on the fund and and it's charter - most are not allowed to hold foreign securities. ADRs overcome that problem and, unlike pink sheets, are in compliance with US accounting and disclosure requirements, and are listed on an exchange with market-makers and the whole nine-yards. Right now the only "free" market for SB is Frankfurt. The pink-sheeters have no or few obligations -- they are not obliged to make a market for starters and that's a no-no if you're looking for liquidity. Theoretically, you could unload as much TGLO on the market as you wanted as long as you were prepared to accept the dropping bids. With pink sheets the houses have to go shopping for buyers (or sellers) before they can give you a simple yay or a nay. If you wanted to unload a million shares of SB and they have no interested buyers inhouse or in the houses they call, they can shrug their shoulders and wish you merry christmas. All, afik. That said, if the fund owns any non-US listed stock then Frankfurt would be the place such a fund would buy Softbank without worrying about liquidity, not even the illiquidity of up/down limits. Maybe Edwin or Linda can confirm this but I wouldn't be surprised if trading volumes are higher in Frankfurt than Tokyo.

manohar@bwdik.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News