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LEHMAN BROS HLD Message Board

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  • gazerker gazerker Sep 25, 2008 1:20 PM Flag

    Are people planning on holding to $1

    Nintendo is a pink sheet - NTDOY.pk

    ...it's currently around $56, but has been in the low $70's.

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    • Nintendo is ADR level 1, the only similitude with
      LEH is that both trades in OTC.

      Level 1 - This is the most basic type of ADR where foreign companies either don't qualify or don't wish to have their ADR listed on an exchange. Level 1 ADRs are found on the over-the-counter market and are an easy and inexpensive way to gauge interest for its securities in North America. Level 1 ADRs also have the loosest requirements from the Securities and Exchange Commission (SEC).

 
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