In the financial markets information is everything. Those with information make smarter moves quicker and are better placed to make sound investment and trading decisions. Some of the leading stock trading and investment firms have whole buildings devoted to their research teams. Some of the brightest minds from some of the best schools are at work in deciphering every morsel of news and information that is out in the open and even more care is taken to extract information that is not out in the open.
Long considered an extremely risky market, the OTC (Over-The-Counter) or the penny-stock market has developed and is in the process of streamlining its disclosure process. What had been a market where public information was meager as compared to what the company insiders and handlers knew, has now embarked on attempts to help the average person get more information about the company one is interested in.
The OTC market will still not be on par with the information that is publicly available for the publicly traded and listed companies on the major exchanges. However, the first step in the right direction is being taken as beginning in May 2007, more...