How does PYGMF differ from UK:PRTY?

threepines · #1 10-12-2005, 09:40 AM

I'm really clueless so any help would be appreciated. How does PYGMF which is Partygaming listed at 1.29 differ from UK:PRTY which is also Partygaming listed at around 71.50?

Sniper · #2 10-12-2005, 11:23 AM

PYGMF is a pink sheet stock that someone created to allow people in the US to think they are able to trade Party's stock [img]/images/graemlins/wink.gif[/img]

I would recommend staying far away from it.

Party's stock freely trades on the London exchange and that is the PRTY symbol. The .L and UK: are just the way yahoo and bigcharts denote London stocks.

threepines · #3 10-12-2005, 11:39 AM

Thanks, Sniper, your insights are appreciated. Would you mind filling me in about the nature of a "pink sheet" stock and why investing in it is a bad idea?

Zygote · #4 10-12-2005, 01:36 PM

[ QUOTE ]
PYGMF is a pink sheet stock that someone created to allow people in the US to think they are able to trade Party's stock [img]/images/graemlins/wink.gif[/img]

I would recommend staying far away from it.

[/ QUOTE ]

Can you please tell me more about this, and the specifc differences in owning PRTY.L over PYGMF. thanks.