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Old 03-12-2005, 10:23 PM
Scooter Scooter is offline
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Join Date: Jul 2002
Posts: 1,307
Default Anyone have info/opinion on the Pink Sheets?

The only way I can buy a London Stock Exchange stock in the USA (and being a US citizen) is thru the Pink Sheets.

Is this safe?

Opinions?
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Old 03-15-2005, 12:31 PM
bazanster2 bazanster2 is offline
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Join Date: Jul 2001
Posts: 7,906
Default RE:Anyone have info/opinion on the Pink Sheets?

Scooter,

The Pink sheets stocks are generally consider riskier.
One key thing to keep in mind is a stock liquidity.
This could be a factor which could affect getting out of a stock.
Believe that Bostongamber probably knows more about this.
If you have any particular stocks which are considering, I'd be happy
to look at them and give an opinion for what it's worth.
I personally try to find companies with proprietary technology
that have the proverbial better "mouse" trap. TIE, ADSX,
MATK.
Also going with stocks directly affected by commodity prices.
Basically follow the long term moving averages.
We had a very good run with PD +180%, catching it as it
the economy rebounded 04/23/02.
Still expect gold to continue to do well long term due to the United States
inability to reign in the Twin Deficits.

good luck,

baz
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