Showing posts with label 5th symbols. Show all posts
Showing posts with label 5th symbols. Show all posts

Friday, December 21, 2007

5th Characters in Stock Symbols

For any of you who have researched penny stocks you have seen stock symbols on the OTCBB with 4 and 5 symbols. The fifth symbol many times should be a red flag to you wheter you should trade the stock or not. Here is a list of the fifth symbols and what they mean.

Listed below are the fifth letter identifiers and a description of what each represents:
Character Description
A Class A
B Class B
D New
E Delinquent in required SEC filings
F Foreign securities, except ADR’s
G, H, & I Additional warrants or preferreds
J Voting
K Nonvoting
L Miscellaneous situations, such as stubs, depositary receipts, second units, or additional warrants or preferred
M Fourth preferred, same company
N Third preferred, same company
O Second preferred, same company
P First preferred issue
Q Bankruptcy - involved in bankruptcy proceedings
R Rights
S Shares of beneficial interest
U Units
V When-issued and when-distributed
W Warrants
Y ADR (American Depositary Receipts)
Z Miscellaneous situations, such as stubs, depositary receipts, limited partnership units, or additional warrants or units

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