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Portfolio123 » List all forums » Forum: Data related issues » Thread: NO PRICE on pink sheet stock? |
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Total posts in this thread: 6 |
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mule2
Member
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I am getting a sell recommendation on FMST.PK because of "NO PRICE". Thanks |
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chasfiji
Advanced Member
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This is an issue that appears with Pink Sheet and other OTC stocks. When a stock does not have a single trade for a day, a price is not posted for that stock. Therefore, if you research results in this occurrence, your should reject the rebalance recommendation. ---------------------------------------- Portfolio123 Staff |
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DennyHalwes
Advanced Member UNITED STATES Joined: Apr 28, 2004 Posts: 1532 Status: Offline |
Mike, FMST.PK has had many days in the last 3 months with zero volume, although last month it had a volume on one day of almost 80,000. This gave it an unrealistic average volume of 1,850 over the last 3 months. Since there were no shares traded yesterday, there is no price for the stock. The last 5 days that shares were traded were; June 15, 25, 26, 27, and July 2. I am curious, what trading system would have recommended this stock to begin with? Denny  ---------------------------------------- "The significant problems we face cannot be solved at the same level of thinking that we were at when we created them". Albert Einstein |
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mule2
Member
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Thanks for the info guys. Hopefully this stock won't be too hard to unload when I get a real sell recc. Denny, it's based on (your own?) ExcelOnly. :) |
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mule2
Member
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This traded today, but still has a sell rec, now because of NO RANK. Do I continue to ignore this recommendation? |
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mule2
Member
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This morning it's no longer showing as NO RANK. Thanks. |
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Re: NO PRICE on pink sheet stock?
