| In the financial markets information is everything. | | | | may be classified include Emerging Equities, SEC |
| Those with information make smarter moves | | | | Current, Current Information and so on. Based on |
| quicker and are better placed to make sound | | | | the disclosure to the public and the level of |
| investment and trading decisions. Some of the | | | | adherence to SEC guidelines and the GAAP |
| leading stock trading and investment firms have | | | | accounting principles, the pink-sheet stocks will be |
| whole buildings devoted to their research teams. | | | | appropriately classified. This allows far more |
| Some of the brightest minds from some of the | | | | disclosure and openness for the OTC market |
| best schools are at work in deciphering every | | | | participants, whether as a company official or as |
| morsel of news and information that is out in the | | | | an investor or a trader. Moreover, the |
| open and even more care is taken to extract | | | | classification helps narrow one's focus down to |
| information that is not out in the open. | | | | only those companies that meet certain criteria as |
| Long considered an extremely risky market, the | | | | considered to be important by the user. For |
| OTC (Over-The-Counter) or the penny-stock | | | | example, a trader who wants to deal only with |
| market has developed and is in the process of | | | | those companies that are rather open in their |
| streamlining its disclosure process. What had been | | | | disclosure can look under the Emerging Equities list |
| a market where public information was meager | | | | and can do so with ease. On the other hand, |
| as compared to what the company insiders and | | | | those that are looking only for distressed |
| handlers knew, has now embarked on attempts | | | | companies but have offered some information in |
| to help the average person get more information | | | | the most recent six months can look up the list |
| about the company one is interested in. | | | | of "Limited Information" classification. |
| The OTC market will still not be on par with the | | | | While the research that goes into one's decision is |
| information that is publicly available for the publicly | | | | not eased much by such new classification |
| traded and listed companies on the major | | | | categories, one's focus is now greatly limited and |
| exchanges. However, the first step in the right | | | | one can use one's resources and time more |
| direction is being taken as beginning in May 2007, | | | | wisely and effectively. In a market where time |
| more classification and delineation is being made | | | | and resources are very valuable, this move |
| available to the general public. | | | | definitely is the right step forward in the right |
| Among the categories under which penny-stocks | | | | direction. |