what happens when a stock moves from the pink sheets to the nasdaq?
471256
It will significantly benefit you.  Stocks trading on the pinks have almost no legal obligations regarding disclosures.  There is material fraud in the pinks as a consequence people avoid them and so they are often mispriced.  If they are successful in their application, the price should eventually increase from greater market size and you will know more about the company.
909650
Yes you do. if you sold the shares and transfer the income. Also I think if you transfer the shares, as it would be treated as a sale at current market values
957924
There's a reason these companies are trading on Pink Sheets. Invest in something that will actually make money (i.e. a company that has a future). $1,000 will buy you a decent number of shares in a reputable company.
426579
If the company was public and was acquired, you should own stock in the new company, depending on the offer.\n\nCheck with any trader or research the company who bought them.  If you held the shares in a brokerage account, they would have given you a statement showing how many shares you own of the new company.
892607
The stock received by you is considered income, and will be taxed based on the value it had at the time of transfer to you.  This value will usually be determined by the company if the stock is not publicly traded.\n\nOnce you receive the stock, you can hold it or sell it.  If you sell it for a gain later on, you pay LT or ST capital gains tax depending on the holding period. If you sell for a loss, you can claim a loss deduction against other Cap Gains, or write off $3K each year against other income,  until the loss is wiped out.\n\nBear in mind that you will likely be asked to pay FICA and Medicare taxes on the value of your stock, since it is considered as income.  Your best bet is to talk to your company HR manager.\n\nIf you receive stock options, that is a whole different story. Can be discussed some other time.
261560
OK, you need to watch the stock prices and volumes very closely.  If the stock pull back with low volumes and the prices is just down a little bit, you should hold.  On the other hand, if the stock pull back with heavy volumes and the prices down like 3% or higher and the volumes are higher than the last trading session, you should sell the stock immediately.  The institutions are selling the stock, and you don't want to sit around watch your gains disappear.\n\nOther sell sign, if the stock repeately reach 52 weeks high with low volume, you want to sell it also.  Don't lost any money OK!
186296
The lock up period is not made clear by the NYSE.  The NYSE stated members can sell in 3 steps 1 year, 2 year, 3 years.  The NYSE did not give exact dates.  But we are talking about 70% of the value of the company minus the cash the members received.   THAIN: Well, it will be staggered, but I think the most likely case is one year, two years, three years.\nhttp://www.nyse.com/Frameset.html?displayPage=/about/1121684330332.html  This could change if there is secondaary offering in which members are allowed to participaate.\n\nBut additional shares will be added by non officers of AX.  As for how many shares your guess is as good as mine.
1072437
No.\n\nDelta is in Chapter 11 bankruptcy.\n\nIt's stock is currently trading on the bulleting board or pink sheets.  When Delta emerges from bankruptcy (I don't know the schedule for the proceedings, but it could be several years based on the United and US Air experiences), the existing stock will be cancelled (made worthless) and equity (stock) in the reorganized company will be largely owned by the current creditors.\n\nIn other words, nothing the company does now will have a meaningful impact on the value of the current stock, although the current stock price will fluctuate (largely as a result of speculative trading activities).
510634
Aside from the little bit you paid in commission (which goes to the broker), whatever you lost goes to the people who MADE money in the stock market...the ones who made better investment decisions than you did.\n\nBut, to be more clear, you don't actually lose money until you sell out.  What happens is that your shares lose value. At that point, the whole world has lost money...value is created or destroyed in the market every day.  But that loss or gain is all just 'on paper' until you've cashed out.  When you cash out, you effectively make it more permanent.  When everyone sold out in 1929, that made the big losses permanent.  If they had been able to wait it out, perhaps the losses wouldn't have been so signficant.  Does that help?
832183
I just wanted to share a few links I found for you...\n\nhttp://www.delta.com/about_delta/deltas_restructuring/investors_faqs/index.html\nhttp://www.deltadocket.com/\n\nIf I had to take a few guesses...\n1) I don't think there's any law about what must happen w/a stock after bankruptcy.  The government has no control about what happens after the bankruptcy proceedings are over.\n2) Are you sure your stock is canceled?  Those links say it's listed on the pink sheets.\n\nI believe the priority for liquidation (which this is not, but the priority should be the same) is IRS, unpaid wages, secured bondholders, unsecured bondholders, preferred stock, then common stock.  Technically Delta doesn't owe stockholders anything.
976658
most screeners do not follow penny stocks. the pink sheets were created for this purpose. i would strongly advise against playing the market with pink sheet stocks.
983727
If the company emerges from bankruptcy, that means the bankruptcy court has determined that the company has settled its debt.  Stock shares (like NWACQ.PK) are at the very bottom of debtors (below banks, bonds, etc.) and so are most likely dissolved, i.e., considered worthless.  If the company goes public again, it will be considered a new, different companies and as such, will be issuing new shares.  So, overall, unless Northwest manages to do one of the very, very few companies that manage to keep their stock, your investment is gone.
219868
The NYSE wants to become more ingrained in computers (no more floor) like Nasdaq.
591402
I would have to say, C.\n\nIt seems like if you keep selling shares or whatever, you will sooner or later be outnumbered by those shareholders, and if they vote...well, you might get voted out, lol.
639498
Just sign up with ameritrade.  Stay away from those get rich quick stock trading programs.  Everybody who uses those loses their shirt.
811908
It basically means that you are assuming that the direction of the stock will go in the same direction as it has been.
863094
The only reason a company can soar when it IPOs is that it uses the new capital in a productive manner.\n\nI believe they have already performed an IPO by way of a reverse merger under the code SHGY.\n\nBeing listed on the OTCBB opens up the company to far more scrutiny and reporting requirements but might also open up more opportunities for additional capital injection.\n\nGiven that PinkSheets won't quote they because they haven't dicslosed anything, I think they have an uphill battle ahead of them:\nhttp://www.pinksheets.com/quote/quote.jsp?symbol=SHGY\n\nIt took searchguy.com 28 seconds to provide me with a response to a search - I think they really need some better infrastructure too.\n\nIn a July 20 announcement they state that they will be cash flow positive by the 4th quarter of the year.  It is now the 4th quarter and there has been no such announcement.\n\nCheers,\nRichard.