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Dinar_OS
03-29-2006, 09:12 AM
Pink Sheet to change for the better?
http://moneycentral.msn.com/content/P148496.asp

Lux
03-30-2006, 09:13 PM
Pink-sheet stocks get their name from the color of the pages of a daily publication once used to distribute prices and the names of market makers in this nether region of the stock market. A group of investors, led by R. Cromwell Coulson, now president and chief executive of Pink Sheets (http://www.pinksheets.com/index.jsp), in 1997 bought the company that published the pink sheets. Coulson's proposal for a premium tier of pink-sheet companies -- to be called OTCQX -- is part of an ongoing effort to bring more respectability to the pinks.

It's not a bad idea. Despite the bad reputation, pink sheets can offer some rewarding investments. “You can find some great value plays, like economically distressed companies that are trying to work things out after they have fallen off the exchanges,” Coulson says.