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Author: TMFKGOMalley Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 2229  
Subject: Re: otc bbn Date: 5/30/2001 10:56 AM
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What does it mean when a stock quote screen describes the exchange at which a stock is traded as, "OTC BBN". I know that this means, "Over-The-Counter Bulletin Board." What is the "Over-The-Counter Bulletin Board?" If I wanted to trade using the OTC BBN, how would I do it? Can I use my on-line broker, or do I have to do a phone trade, or what?

Hi Rick,

Depending on the stock, most online broker will let you trade OTC stocks online (there may be different margin requirements). Have you had a problem?

Having said that, the Fool is not a big fan of penny stocks (which OTC stocks often are). You may want to read this article:
ASK THE FOOL - Penny Stocks

You also may want to post your question on the Discount Brokers discussion boards. Here is a link:

The Fool is offering a seminar called Choosing Stocks with The Motley Fool:
Stocks have historically been the best place to create wealth. But how do you choose the best stocks for your portfolio? We'll show you how! By the end of this seminar you'll be able to begin to research and evaluate companies for investment, arming yourself with the information you need to be a smarter investor.

Fool On,

Keith O'Malley
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