InvestorsHub Logo
Followers 338
Posts 30409
Boards Moderated 3
Alias Born 09/18/2005

Re: rrufff post# 130

Tuesday, 02/06/2007 5:56:13 PM

Tuesday, February 06, 2007 5:56:13 PM

Post# of 162
Wow... wow. I had a feeling that this would be yet another learning experience. Thanks for the excellent post. I do have a couple of questions... surprise.


This might be great information for the ibox.

The important thing to understand also with the pink listing is that you shouldn't buy or sell based on the pink sheet quote. The volume and the price are not necessarily accurate. You take the Canadian quote and convert to dollars. Enter your bid or offer accordingly. There is also a small markup or markdown that the broker in Canada gets but I haven't found that to be a major problem.

Seems very confusing that the pinksheet quote is not a conversion of the canadian price... is that too high tech? lol

Do you have the conversion rate handy? TIA

So, is it safe to assume that if we make money in this stock, it's probably not going to be from U.S. buyers, since I would figure that most would just not mess with the conversion factor, and the difficulty getting filled?






GodBless - NoDoubt - creede

~> #board-7229

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.