InvestorsHub Logo
Followers 13
Posts 349
Boards Moderated 0
Alias Born 02/03/2011

Re: mrdecember123 post# 5137

Wednesday, 07/24/2019 3:49:22 PM

Wednesday, July 24, 2019 3:49:22 PM

Post# of 9661
Thanks Mr. D.

In terms of these pink sheet US equivalence to Canadian listed stocks, its though as when it comes to smaller Canadian companies that are simply traded on US pink sheets there tends to be lower volume and wide spreads (its easier when they up-list to a proper US exchange). That being said its still possible to get in, you just have to always use limit orders and also watch the Canadian equivalent stock (and use the exchange rate to see if its good relative value). They should typically trade in tandem to avoid arbitrage though I have occasionally seen opportunities where you can get in at a discount due to low liquidity/lack of awareness around the US equivalent stock.

The two ones I like right now are PRFMF (profound - should have FDA approval in the US over the next 6-9 months and will revolutionize the way prostate cancer is treated - ie. can be treated within an hour) and Medexus (which is undervalued because no one knows about it - one of the fastest growing specialty pediatric drug companies).

E.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent PAYS News