OTC: Pink Sheet Stock Picking Challenge Message Board

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Microcap & Penny Stocks : OTC: Pink Sheet Stock Picking Challenge

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To: Supervalue who wrote (4875)	2/27/2009 5:59:56 PM
From: WR61499	Read Replies (1) of 5455

Supervalue - Usually when a stock does a reverse split, you will see some strange bid and ask quotes before it actually trades. The market makers will just put a number in there until they can figure out what the new post split price will be and when the market opens, you will see some bid and ask quotes more in line with the new price. As far as GHTI and why they don't just unlist the stock. Good question! I know of a local company that was on the pink sheets about 10 years ago and is out of business now for about 7 years. Yet, the stock is still quoted and every once in while trades a few shares. Where the company used to be is now a car lot!

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