The Seven Top Non-ADR Pink Sheet Stocks

The Pink Sheets are the arena where stocks trade that don't trade on any other exchange, such as the New York Stock Exchange or NASDAQ. Many foreign stocks have American Depositary Receipts, also known as ADR's, that trade on the Pink Sheets. The Pinks have been a haven for many penny stock scams, but there are also many solid U.S. companies that also trade here.

There was a rumor going around that the Pink Sheets company may be considering going public through an IPO. Do you know where the name Pink Sheets came from? These over-the-counter stocks were originally listed on long pieces of pink paper, showing the name of the market maker and the current bid and asking prices.

The following stocks all have market caps over $320 million. Caution should be exercised before investing in Pink Sheet stocks including these, due to low trading volume and wide bid and asking price spreads.

Maxim Integrated Products Inc. (MXIM.PK) is a Sunnyvale, California-based company that makes and sells analog linear and mixed-signal integrated circuits, such as data converters, interface circuits, operational amplifiers, and power supplies. The stock has a P/E of 14, a PEG of 0.87, and a yield of 3.70%.

Navistar International Corp. (NAVZ.PK) is a manufacturer of commercial trucks, school buses, and mid-range diesel engines. The stock has a P/E of 16.5, and a PEG of 3.44.

Comverse Technology Inc. (CMVT.PK) develops and markets multimedia communication and information processing software. The stock has a P/E of 32, and a PEG of 1.38.

Ciba Holding Inc (CSBHY.PK) manufactures specialty chemicals for plastics, coatings, paper and other. It also provides water treatment products and services. The stock has a P/E of 11, and a yield of 7.70%.

ACE Aviation Holdings, Inc. (ACEAF.PK) holds a 75% direct ownership interest in Air Canada, along with interested in various other aviation related companies. The stock has a P/E of 2.

Verint Systems Inc. (VRNT.PK) manes and markets security and business intelligence related analytic software-based solutions. The stock has a P/E of 24, and a PEG of 0.94.

Ulticom, Inc. (ULCM.PK) makes and markets service enabling signaling software. The stock has a P/E of 16.5.

Disclosure: The author does not own any of the above.

Comments

[Eric Fox:]

Some decent names mentioned here but check out these others: KEWL.PK, BWEL.PK, LMNR.PK and SMIC.PK.

2008 May 13 09:01 AM

[catmando:]

You left out perhaps the best stock on the Pink Sheets, Computer Services, Inc..

Stock Chart, CSVI.PK:
www.csiweb.com/investo...

11 Year Financial Highlights CSVI.PK:
www.csiweb.com/investo...

2008 May 13 10:30 AM

[pajamaclub:]

IFSL Financial Report Due Next Week and Buy Back - Important News

Steve in Investor Relations of IFSL reported the following via a phone call Wednesday afternoon June 30th 2009

1. Financials - 2nd quarter:
“Probably coming out NEXT WEEK” and they are, in Steve’s words: "awesome"

1. BUY BACK:
Steve said: IFSL is "buying shares back little by little." Today they bought 10,000,000 shares.
They are not doing their buyback at one time because they "don't want to spike the price"

3. Steve thinks “we should see .005” after the financials are reported.
(IFSL finished up at .0012 today)

- There is a consensus among our investment group that we are likely to see a steady rise to .02 to .05 considering reports of increased revenue for IFSL.

Do you own DD and check your charts, but to get you started here is an article from Business Week written a little over a week ago (link is below):

‘IFSL - Revenues increased by over 160% - Intent to List on Major Exchange

Key developments for Ideal Financial Solutions, Inc. (IFSL)
Ideal Financial Solutions Provides Revenue Guidance for the Second Quarter of 2009
06/22/2009
Ideal Financial Solutions Inc. provided revenue guidance for the second quarter of 2009. The company projects revenues will increase by over 160% of its first quarter revenues. The company has also stated its goal of becoming a fully reporting company in the near future and eventually pursuing a listing on a senior exchange.’

Business Week Reference Link:
Ideal Financial Solutions, Inc. (IFSL): Stock Quote & Company Profile - BusinessWeek
investing.businessweek...

Note:
We recommended SPNG at .035 before its run to .28 cents. And for exactly the same bottom line we are recommending IFSL – significant financial gains.

Jul 04 02:28 PM