In addition, the firm is a leading trader of Bulletin Board stocks
and other post-reorganization equities, having added a Bulletin Board desk in the fall of 2002 to its broad equity trading platform.
We have been hindered in the past as certain institutions and brokers have restrictions that keep them from investing in or trading bulletin board stocks
All of the Company's Market Makers, who routinely make a market in OTC Bulletin Board stocks
, will continue to make a market in the Company's securities and all Market Makers have been alerted to the impending trading change.
A national listing will give eLinear a much broader investor audience and will also allow us to be followed by certain brokerage firms that traditionally do not recommend Bulletin Board stocks
Remember always the risks involved in Bulletin Board stocks
Due to the recent mention in The Wall Street Journal about September's record volume in OTC Bulletin Board stocks
(October, 10/03), we are anticipating even greater interest in our micro-cap clients.
DTN Financial Services, a division of Data Transmission Network Corporation (Nasdaq: DTLN), announces the addition of OTC Bulletin Board stocks
to their Nasdaq Level II services.
00, pink sheet and bulletin board stocks
, closed-end mutual funds, limited partnerships and royalty trusts, and non-U.
Thinly traded bulletin board stocks
do not always receive the same type of valuation as their competitors traded through NASDAQ or NYSE.
While institutional investors and research organizations generally do not invest in or follow Bulletin Board stocks
, being listed on Nasdaq will improve the exposure of the company and allow Xin Net to be evaluated as an investment opportunity from a much larger segment of the market.
Thousands of companies are engaged in the same process, brought about by a recent "phase-in and compliance rule" for OTC Bulletin Board stocks
It appears that this stock manipulation occurs across the entire securities industry, and while it happens mostly in bulletin board stocks
, we also believe it is happening in companies listed on the Nasdaq, the American Stock Exchange, and the New York Stock Exchange," said Carr.