Message Font: Serif | Sans-Serif
No. of Recommendations: 0
Hey All--

As Jeff surmises, Quito is in fact beautiful (in the foothills of Cotopaxi, a snow-capped volcano, which unfortunately spews ash 'n stuff, bringing Quito residents to their knees). And I'll bet it does indeed have less of a market for English speaking actors than NYC. Perfect analogy. Go Jeff (he kidded me in Tuesday's column and now it's WAR!!!!! ;-)).

By the way, the Pink Sheets and the OTC Bulletin Board are two different things! After 2.5 years of referring to them interchangably, I found out a few weeks ago (Go me!) that the pink sheets are the land of the low where investors in stocks delisted from the OTC bulletin board may possibly find quotes.

If I understand corrrectly, it's
1. Nasdaq
2. OTC Bulletin Board
3. ...then the ignominy (located near Menominee, WI) of the
Pink Sheets

And the best overall explanation I've found so far--
A choice line: "The 'Pink Sheets' will continue to expand as they become a haven for refugees from the OTC Bulletin Board and new public companies that cannot comply with the requirements of the OTC Bulletin Board or the listing criteria of the exchanges."


It's where the dreaded ACLN ACLNF.PK. Now at $0.03. I sold at $2.00, which a lot less than I paid when it was on the NYSE and before it was found to be a fraud. Sigh.

See also:

SEC on Pink Sheets

OTC Bulletin Board

BTW, I read this morning that the NYSE is hiking listing fees.

Hope this helps.


Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.