Some years ago, when QP (and TC2K and others had in the neightborhood of 8000 
stocks in
their systems (call it the dot-com bubble) I saw an article that said there 
were about
25000 stocks in the USA - which included OTC, "UTC" (under the counter), ADRS 
and all of
the other suspects you listed except I guess warrants and ETFs w(hich no one 
had heard
of since they didn't exisst and would have been called mutual funds anyway.  
There still
were some listings that traded at local exchanges only (Philly, Cincinnati or 
wherever).

As I recall there were about 13,000 or 18,000 funds of all types still 
registered
locally in one state or another.  I knew that since people were always telling 
me
picking a mutual fund was so easy because there were so few of them.

Remember, a lot of them were registered but trading locally or nearly never.  
For
example, I knew of a bank in Fredrick, Maryland that was an "UTC" stock.  The 
bank
itself maintained a list of people wanting to buy or sell and would put these 
people in
touch for a deal.  It did exist somewhere on the pink sheets - but trading was 
likely in
the 100s of shares a month.  They said some months "never".  The bank actually 
had
reasonable profit numbers, too.  I think someone eventually merged them out of
existance.

I suspect the number is lower in proportion today.


> Thanks Dale and Gary.  I was just interested in stocks listed in
> major exchanges and it all checks out.  About 2,000 at NYSE, 3,000 at
> NASDAQ and remaining at AMEX.
>
>
> Shak
>
>
> --- In [email protected], "garylyb" <[EMAIL PROTECTED]> wrote:
>>
>> That sounds about right for common stocks only.
>>
>> That doesn't include preferred's, warrants etf's etc.
>>
>> Gary
>>
>>
>> --- In [email protected], "shak458956" <khawar_shakeel@>
>> wrote:
>> >
>> > I am getting 5,426 stocks from QP scan.  Is that all? Or should I
>> > adjust the query?  I always thought there were at least 10,000
>> publicly
>> > traded companies in US markets.
>> >
>> >
>> > Shak
>> >
>>
>
>
>
>




Reply via email to