Rande Is. . .FISHING. . [under $1.50] Message Board

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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50]

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To: Rande Is who wrote (2156)	5/19/1999 8:17:00 AM
From: salexa	Read Replies (1) of 4766

regarding OTC in Toronto: yes they the risk of of scams is high, except that it is controlled by Ontario securities commission which controls the TSE. the risks on OTC are regarding that the mm's can make any price which is like any Nasdaq stock on the pinksheets. The difference is although I think the pinksheets are a bigger scam, I have yet to lose money on a stock on the pinksheets. This compares with I have yet to make a profit on an OTC stock. conclusion coming from a canadian: avoid OTC.

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