Would you buy a stock with a .pk extension? If not why? If yes why? Where would you research it?

Answer 1

There are some companies that are traded on the pink sheets that are excellent investments. One is Nestle. NSRGY 88.25 a share. There are many foreign stocks that are only traded on the pink sheets. If you want to buy them that is where they are bought. Nestle, Lukoil, Roche, Walmart de Mexico, Heiniken, Fosters, Nintendo, and many others. Most of these have internet sites. I do own one pink sheet company--Vesta Wind Systems. They have a web site. It is a Danish company.

Your place to begin your research is here.

http://www.pinksheets.com/marketactivity/dollar_volume_leaders.jsp?Shortlist=&Prefix=ps_adr

As one responder mentioned there is a wide spread on pink sheet stocks between bid and ask. You need to take that into account if your are purchasing or selling these stocks.

Answer 2

There are some great .pk stocks out there. I am thinking of great foreign companies that only trade in the US through the pink sheets. Take a look at Vestas, VWSYF.pk, and Gamesa, GCTAF.pk. These are the 2 largest producers of wind turbines in the world. Here are some other great wind companies that should be considered:

http://www.top10traders.com/ViewPost.aspx?postID=61

The only caution I would give you is that there is not a lot of trading volume, so buying and selling is a bit more difficult than stocks that have bigger trading volume.

The above link is from I think the best way to learn about the stock market is to first see what the best traders are buying and selling and why. This is the idea behind the site http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas. There is also a charting feature , so you can see how your portfolio performs compared to the S&P 500.

Here are this month's best traders:

http://www.top10traders.com/Top10Standings.aspx

Hope this helps.

Answer 3

These are stocks listed on the so called 'pink sheets' and are also called 'penny stocks'. These should be considered HIGHLY SPECULATIVE with little of no way to adequately research. These companies usually have sparse financial statements, no sales to speak of and are pumped up by those spam e-mails. The only people that really make any money are those penny stock brokers that send out those e-mails to get suckers to buy the stock at inflated prices.

I would think long and hard before 'investing' in a .pk stock.

Answer 4

As mentioned in one of the answers many foreign stocks trade with .pk extensions.

Additionally, I have owned preferred stock that has a .pk extension (TIELP.PK)

BTW: Vestas is hot foreign stock to own right now, as well as Gamesa. Wind turbine production is running on all gears right now.

Answer 5

Some of the companies are fairly solid, but it's hard to buy and sell "Pink Slips." We had a .pk stock that was supposedly trading for 5.45 and we couldn't sell ours for more than 5.00. It's not like a regular stock on the NYSE where you sell for whatever it's trading at.

You can research them in all the same places. I recommend Scottrade.com.

Answer 6

hell no. Not worth it. If you want to gamble go to Vegas.

Answer 7

No.