Which board is a better board for a company to be listed on? I figured OTCBB, any thoughts? Thanks
Posted by PCola77 on :
Depends what you mean by better...
Pink sheets are better for the company because they can claim to have colonized the moon, but since they don't have to file, they never have to prove it!
But obviously OTCBB are "better" to DD, since actual info exists.
Posted by dough boy on :
I guess I meant a buyer being more comfortable buying a stock in either one
Posted by dough boy on :
Also, what does it mean if a Pink moves to the OTCBB? What benefit is it to them? Thanks
Posted by Machiavelli on :
means you'll be thought of as less a scam but a scam nonetheless...
Posted by dough boy on :
So I take it you've never bought a Pink or OTCBB
Posted by Machiavelli on :
lol... i've been around the block a few times... i've traded stocks from pinks to otcbb to nasdaq to amex to nyse... if you have not been trading long then your in for a rude awakening about pinks and otcbb's...
Posted by dough boy on :
I've traded off and on for years. Just curious about a company I am interested buying as to why they would go from the Pinks to OTCBB. Thanks for the responses you guys...
Posted by Machiavelli on :
probably trying to work there way up to the Big exchanges eventually... credibility though there isn't much in pinksheets or otcbb... which company?
Posted by dough boy on :
Mach - feel sorry for the legit companies that have to be on those boards. The stock symbol is AGWS
Posted by Machiavelli on :
Yes i feel sorry for the legit ones on those boards but if they work hard enough they can move up to Nasdaq or the others... but anyways as for AGWS I couldn't find any info on them so i would becareful with them but i looked at the chart and only advice I can offer is to consider buying it if it crosses RSI 50 and stays above it because that seems to be a Resistance for this stock at the present time...
Posted by dough boy on :
I have some here but was going to get more--the pink to the otcbb perked my interest again... I feel it is a safe long---but I will wait and watch it
Posted by Machiavelli on :
You peaked my interest in this one but try to find independent impartial information on this company... i rarely if ever believe anything on a penny stock company's own sites... unless there is independent verification of what they state... but other then that I do like the chart but only if and when it crosses RSI 50 for maybe a long term position but definetly for short term hit and runs....
Posted by dough boy on :
I hear you--and I am impartial. Have nothing to do with this--just came across it a few months ago. Being cautious myself...just one of millions out there. Nothing more turns me off more than someone who 'promotes' a stock--I run every time-lol