I have been using Ted Warren's methods since May 1999 and I am now starting to see some good results. I have bought GV, BIS, BE, MATH, and some others. The one I have a question about is NGEX. I bought is when it was on an exchange but it went to an OTC stock last June. I do not recall what Ted Warren says about a stock that is in this situation. I could sell right now and not take a loss as the price has recovered to my purchase price. Any suggestions? You will probably have to go to smallcapcenter.com to see the chart of NGEX starting in June 1999. BigCharts.com will show you previous pricing.

I don't recall anything in Ted Warren's book that dealt with this. But I don't even know why a stock would be OTC as opposed to listed on an exchange. My gut instinct without knowing what I'm doing would be to ONLY trade stocks that ARE listed on the exchanges.

I guess the key to it is knowing why stocks get listed or de-listed. I have no idea.

I am not familiar with all of the requirements but each of the exchanges have them. I do know that price per share is usually one of the characteristics of a stock that determines whether or not it can be traded on a particular exchange. In the case of NGEX, I think it was dropped because of the price drop but there could be other reasons as well. I bought it while it was on the exchange and it dropped off while I was holding it. Thanks for your response Rick.

For the company that drops off an American exchange: Check to see if the company is foreign. If it is, then check with that countries exchange to hold or liquidate. If you are with an on-line broker they can access the foreign exchange and make your transaction happen. Fees will be more than regular market trades. Good luck!

My feeling regarding this matter is if Ted were still alive today, he would only trade on the major exchanges; AMEX, NYSE or NASDAQ. The reason is in order to be on the exchanges you have to meet and maintain certain requirements. The companies are less likely to fold. About the course I think it is fabulous! Hope this helps.

If you listened to Ted's tapes you get the flavor that he just did not like investing hia American dollars into foreign companies. After having one of the companies I held stock with vanish from AMEX I tend to agree with him. It was a Canadian company and I found it on the Toronto exchange and liquidated my holdings through a broker. I'll think twice about investing in foreign companies again.