Pink Sheets and Wall Street have long since appealed to gamblers and investors. Wall Streets version of the unwanted stocks has become big business. Investors are looking to what is commonly referred to as the pink sheets which list the stocks which are too small and often too much trouble for the boys on the Street to notice.
Enter into the picture a man by the name of Coulson. Cromwell Coulson bought the stock quotation service, Pink Sheets in the late nineties and since then, he has been quoted a few times as referring to the Pink Sheets as the Las Vegas of Wall Street. And heres why. Companies which are relatively small with little trading action being realized have virtually no appeal to the New York Stock Exchange.
The Pink Sheets lists not only the smaller companies but also the foreign stocks. The stocks arent listed on the exchange and are certainly considered very volatile stocks.
Day trading quickly became known as the investors way to gamble years ago. Now, with the growing popularity of the Pink Sheets, investors can really go double or nothing with stocks which are more than just a little risky to the investor who needs some excitement when...
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