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Sexton O Blake

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Sexton O Blake

Re: Frank Pembleton post# 10327

Thursday, 08/05/2004 11:44:42 AM

Thursday, August 05, 2004 11:44:42 AM

Post# of 19037
Don't worry Frank, I haven't gone insane.

I just want to understand how Toronto trades the stock... NYSE trades the stock.. and the prices manage to close very close based on the exchange. I just want to understand it better. If I see it is time to sell, I notice SU is at 46 down and SU.TO is only 32 down, then I know there is a big difference I can take advantage of. Conversely if SU is up 50 and SU.TO is up 20 I could sell my shares on NYSE (if I decided to sell) and get a better price.

Not really looking at "playing" the arbitrage as I am just interested in understanding the process and thinking about my trades - should the need arise.

Merci..
An Angst-Filled Blakey.. (whose a bit flakey)


"When you have to shoot, shoot. Don't talk."
Tuco (The Good, the Bad and the Ugly)

"An umbrella with holes is better than no umbrella at all."
Dr. Alexander Elder on using stops.

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