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Shares Of This $35 Billion OTC-Traded Stock Were Halted On Monday: Here's What Happened
Thursday, August 18, 2016 - 4:11pm | 425Neuromama Ltd (OTC: NERO), a $35 billion company that operates a search engine and is shrouded in mystery, saw its shares halted by the Securities and Exchange Commission (SEC) on Monday. Neuromama trades on the over-the-counter market in the United States, and shares have been halted since the...
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A Fool's Game: Riviera Tool Company
Friday, May 8, 2015 - 2:59pm | 457Shares of Riviera Tool Company (OTC: RIVT) were halted Thursday afternoon in a bizarre tale of investors getting carried away in "buying the hot stock" without doing their homework. On Thursday, investors looking for a quick profit piled into the issue upon hearing the news that Tesla...
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GW Pharmaceuticals Kicks Back Up After Morgan Stanley Buys The Bottom
Tuesday, April 22, 2014 - 2:52pm | 618There is very limited coverage of marijuana stocks by Wall Street analysts, leading any initiations of coverage to attract quite a bit of attention by the media. Many of the “pot stocks" trade in the “pink” sheets and for good reason. They have disclosed very little information and what they have...
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A Look at Some 'Legit' OTC Stocks
Tuesday, December 31, 2013 - 5:38pm | 143Many investors are leery of OTC, or over-the-counter, stocks – and there are plenty of good reasons for that caution. OTC stocks often involve companies too small to be listed and traded on the coventional and better-known stock exchanges. They can include so-called “penny stocks” – defined by the...
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A High-Yield Blue Chip on the Pink Open Market?
Tuesday, December 10, 2013 - 5:16pm | 519For many, stocks listed on the Pink Open Market are to be avoided, as it is often regarded as the province of thinly-traded, poorly capitalized firms that could not qualify to be listed on "The Big Board" or other, more reputable exchanges. While that sadly can be the case, there are many blue...
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Why Every Family Office Should Own Pink Sheet Stocks
Monday, November 25, 2013 - 5:25pm | 438Investing in pink sheet stocks and running a family office would seem to be diametrically opposing actions. Family offices are entities established to assist with wealthy families' investment -- with the main objectives of preserving capital, generating current income, and outperforming the...