Re: Probe stock symbol in the U.S.?
posted on
Feb 29, 2008 09:03AM
Interesting, I am not doubting you - it is just that the company was not aware of this listing and my level 2 shows no trades.
This is directly from the pink sheet website in regards to grey listings:
There are no market makers in this security. It is not listed, traded or quoted on any stock exchange, the OTCBB or the Pink Sheets. Trades in grey market stocks are reported by broker-dealers to their Self Regulatory Organization (SRO) and the SRO distributes the trade data to market data vendors and financial websites so investors can track price and volume. Since grey market securities are not traded or quoted on an exchange or interdealer quotation system, investor's bids and offers are not collected in a central spot so market transparency is diminished and Best Execution of orders is difficult.
As mentioned, the company is looking into it - who knows, they may be able to reactivate and move it to the OTCBB