To: tonto who wrote (34697 ) 1/8/1998 8:33:00 AM From: Ditchdigger Read Replies (1) | Respond to
Tonto,some interesting quotes from a book I have..Pink Sheets . Dailey quotations can be found in the; National Quotation Bureau listings. This listing,commonly known as the Pink Sheets,is a reference source for the securities industry, and is a complete listing of every security traded on the OTC market. Included with the name of the stock,is a list of dealers who trade the stock,and its quote.Contrary to the belief of some investors , Every OTC stock is a Pink sheet stock. . The quotes on these Pink sheet stocks are subject and not firm.A dealer must be prepared to quote a firm price for at least 100 shares of the quoted stock."OTC Bulletin Board Servise (OTCBB) .OTCBB as launched in June 1 1990,by NASDAQ, allows market makers to enter,update,and display their proprietary quotations in securities on a real-time basis. These securities must not be listed on the NASDAQ,or any other registered national exchanges in the U.S. The quotations are voluntary but can include bid and/or offer,an unpriced indication of interest,or a bid or offer accompanied by a modifier to reflect unsolicited customer interest. All domestic bids and/or offers must be firm up to the minimun quotation size. All foreign equity is non-firm "
