Anonymous asked in Business & FinanceInvesting · 1 decade ago

When a growing company moves from the Over The Counter to the AMEX?

(Assuming that said company is sound, earning money and likely to do better) Is it safe to say Institutional Investors will be buying their stock? The stock is ABET now GBT.

1 Answer

  • Anonymous
    1 decade ago
    Favorite Answer

    Whether institutional investors will buy the stock just because the listing moved from OTC to AMEX depends on many other factors. Listing on the exchange means the company has satisfied listing requirements, which are typically more stringent than trading over the counter. That may attract investors but it is surely not the only reason that they would start buying the stock.

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