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Re: Mandofellow post# 37

Tuesday, 08/30/2016 8:42:10 PM

Tuesday, August 30, 2016 8:42:10 PM

Post# of 70313
For Schwab, at first I couldn't find a symbol, then typed Aurora Cannabis to retrieve something like
ACBFF (the OTC pink sheet symbol, reflecting shares in U.S. currency, not loonies and toonies).
The actual order screen mentions calling a 1-800 number to make a trade ...

This then steers you to a special trade-by-phone desk whereby a rep asks you a couple of questions about whether you are an affiliate of the company, rather like for IPOs. They will then semi-gladly take a limit order or what have you, but for the $30+ commission, not the $9.95 one.

My rep then admitted that the extra check is there because of Aurora's "business model",
unlike that for Canadian miners which can be traded directly online. You see, at least
at Schwab, the shares for U.S. holders used to be even harder to trade due to differences
in legalization in states vs. provinces, interstate commerce, etc. So they make it
non-trivial due to quasi-legality, presumably not because Chuck Schwab is a Republican.

Maybe they were/are "making a little list", but it didn't stop me!

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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