Page 54 - DLIS402_INFORMATION_ANALYSIS_AND_REPACKAGING

Unit 3: Information Products

Thai luxury hotel chain Lebua in talks to enter India Notes
Lebua Hotels & Resorts, a Thailand-headquartered luxury hospitality chain, with properties in Bangkok
and New Zealand, is planning to enter India. The group is in talks with two parties in Delhi and
Mumbai for making a foray into the country.

3.7 Trade Bulletin

Tradezone.com is a global trade centre tailored for suppliers, manufacturers, exporters, import export
businesses and business opportunity seekers. See our business opportunity page and Mellinger World
Trade Mail Order Plan, complimentary suppliers manufacturers directory, and famous international
trade leads bulletin board. Tradzone.com is packed with trade sites for your import export business
opportunity requirements.
Looking for Trade Leads, Global Trade Suppliers and Buyers? Then visit our Import Export
International Business Opportunity portal. Learn how we can aide you with promoting your products
and services world wide. The portal includes facilities for posting and sourcing Trade Leads and
establishing import export business relationships in the Global Trade arena.
Start your own Import Export Business. The Mellinger World Trade Plan has helped thousands of
people get started in the exciting Import Export Mail Order Business. Our proven system will guide
you step by step. Let us show you how to start your own Import Export Business Today!

3.7.1 How to Trade Bulletin Board Stocks?

Bulletin Board stocks are traded on the Over The Counter (OTC:BB) market. The market is managed
by the NASD, and it is separate and distinct from the NASDAQ. Bulletin Board stocks are characterized
by their stock symbol, either four or five letters, followed by the designator, “.OB”. Bulletin Board
stocks do not meet the various listing requirements of the broader exchanges and therefore pose a
greater investment risk due to volatility, lack of liquidity, and larger Bid-Ask spreads.
Open an account at a brokerage firm that permits trading in Bulletin Board stocks. Some do not.
Most online discount brokers allow trading in Bulletin Board stocks. Some of the common brokerages
that allow Bulletin Board trading are E-trade, Scottrade, TD Ameritrade, and Charles Schwab.

Instructions

Be aware of the commission structure. Many firms charge an extra fee to trade Bulletin Board and
other lower priced “penny stocks.” Often this fee structure is just a small percentage of the overall
value of the trade plus the standard trading fee.
Research the companies you want to invest in. Due to the more lax reporting requirements for
Bulletin Board stocks, research may be hard to find. The OTC BB website is a good place to start.
Their web address is listed below.
When selecting a Bulletin Board stock, look for the stocks that have the largest volume. This generally
indicates an actively traded issue; one with several market makers, tighter spreads, and better
liquidity when the time comes to sell it.
Always use a limit order when buying a Bulletin Board stock. Never use a market order if you can
avoid it. For example, if the bid price of a stock is $3.50 and the ask price is $4, that is a 14% spread.
Add the commission you pay to execute the trade and you might find yourself down almost 20%
the minute you buy the stock. Most investors don’t realize that they can offer to buy the stock
somewhere in the middle of the spread, especially on Bulletin Board stocks. By placing a buy limit
order at $3.65 a share, for example, one of the market makers might just decide to execute the order
for you even though the stock is technically $4 a share.

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