How does one buy a share that was taken off the NYSE?

ioannou11224: How does one buy a share that was taken off the NYSE?
How can I see up to date information on the stock price as it fluctuates? The stock would be fannie mae. Just curious and would like to so how it does day to day. Thank you.

Answers and Views:

Answer by MarcThyme
On the Bulletin Boards or “Over The Counter”….

The same brokerage you use to buy stocks that ARE on the NYSE can probably sell them to you….but be aware that if they got “delisted” it’s because the stock is NOT a very good idea!

Answer by Mary
Preferably after a few drinks. When a stock is delisted, this is a good sign that you are cruising for a bruising. Leave this one for professional speculators. It is perfectly possible to lose every cent as my pop learned after investing 20K in Pan Am stock while it was already in bankruptcy. If you insist on buying this, it can be done at a substantial mark-up through the pink sheets. This is a sale that is not executed on the floor of the exchange and there is no liquid market to bail you out later if you come to your senses.

If you would prefer a little drama, without juggling vials of nitroglycerin, you may want to look at the mutual funds offered by Franklin Templeton funds. Among their many offerings are several such as Mutual Shares that specialize in buying bankrupt companies in the hopes of a turnaround. These offer diversification and professional accountants to check the books.

Answer by free intradaytips
To “trade” means to buy and sell in the jargon of the financial markets. How a system that can accommodate one billion shares trading in a single day works is a mystery to most people. No doubt, our financial markets are marvels of technological efficiency.
Yet, they still must handle your order for 100 shares of Acme Kumquats with the same care and documentation as my order of 100,000 shares of MegaCorp.

You don’t need to know all of the technical details of how you buy and sell stocks, however it is important to have a basic understanding of how the markets work. If you want to dig deeper, there are links to articles explaining the technical side of the markets.

Answer by free stocktips
This should explain why a mining company finds something good and “nothing happens” or the stock goes down. At the same time, for NO apparent reason, a stock suddenly takes off for the sky! On little volume! Someone is manipulating that stock, often with an unfounded rumor. In order to make these market manipulations work, the professionals assume: (a) The Public is STUPID and (b) The Public will mainly buy at the HIGH and (c) The Public will sell at the LOW. Therefore, as long as the market manipulator can run crowd control, he can be successful. Let’s face it: The reason you speculate in such markets is that you are greedy AND optimistic. You believe in a better tomorrow and NEED to make money quickly. It is this sentiment which is exploited by the market manipulator. He controls YOUR greed and fear about a particular stock. If he wants you to buy, the company’s prospects look like the next Microsoft. If the manipulator wants you to desert the sinking ship, he suddenly becomes very guarded in his remarks about the company, isn’t around to glowingly answer questions about the company and/or GETS issued very bad news about the company. Which brings us to the next important rule.