Wednesday, March 01, 2006
Pink Sheet Stocks
I was doing some research on some pink sheet stocks recently. You can tell they are traded on the Pink Sheets when you look for a stock symbol, and it has the .PK extension on the end. If it has a .OB extension, it means the stock is traded on the Over-the-Counter (electonic) Bulletin Board. If the symbol has four or more characters but no extension, it means that the stock is traded on NASDAQ. Pink sheet stocks are generally considered to be the lowest quality stocks. Although Pink Sheet stocks are now shown on the Internet, the information on those stocks used to be distributed on long sheets of pink paper. Pink Sheets is also the trademark of Pink Sheets LLC which provides financial information for over-the-counter securities. Want to see what pink sheets used to look like? Here is a picture of Pink Sheets. More information on pink sheets can also be found at InvestmentTrivia.com.
Posted by Stockerblog at 9:04 AM