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.
Microcap & Penny Stocks : ProNetLink..(PNLK) -- Ignore unavailable to you. Want to Upgrade?


To: Dixie7777 who wrote (1560)4/30/1998 4:47:00 PM
From: Ice Cube  Read Replies (1) | Respond to of 8242
 
Yes, the company needs to get themselves Blue Skyed in every state, so more people can be solicited by a broker (salesman) to buy the stock. It opens up a whole new group of investors. The "R" is set by each individual firm's compliance dept, but many of the large firms don't want their brokers into small caps, so they restrict their brokers from buying, even if it is blue skyed, but not all the firms.... many will be able to buy it. If any of you have a full service broker, ask them what internal rules they have for BB stocks. Many won't let the broker buy them at all, while just as many will. Some will have a price minimum or some other rule. It varies firm to firm. But all in all, you want maximum exposure for your stock, so they need to push for blue sky in ALL states, and to become fully reporting.