FishyJoe on 21 June 2007
I for one hate pinksheets. They don't share their real time data with anyone. Their information sucks. I just don't think it's a very good place to trade and nobody trusts them. Going to a major exchange would would be a huge improvement. The trust factor alone would bump the stock up.
I think having more small investors increases liquidity and decreases volatility. One of the problems with buying and selling, especially on pinksheets, is matching. With such low volume you get huge bid/ask spreads which increases volatility. When a institution comes along and trades a big block the price becomes completely erratic because there are so few buyers and sellers.
