InvestorsHub Logo
Followers 0
Posts 186
Boards Moderated 0
Alias Born 09/17/2011

Re: None

Saturday, 10/13/2012 9:48:56 AM

Saturday, October 13, 2012 9:48:56 AM

Post# of 165854
I've been scampering around trying to find brokerages that trade SRSR, CIBC is the only one so far. My buddys with Scotia....another was with TD....lots more were with Questrade...

Scotia cant trade it (he lives in Edson Alberta but moved there only a short while ago from Ontario) now.

CIBC Investors Edge is the only brokerage that can touch it it seems, I emailed Virtual Brokers but never got a response back.....

Its 50$ a trade (ouch) for OTC stocks, their exact explanation is to "discourage the trading of less than reputable stocks by our clients".

They have a point, but that still sucks because I don't believe SRSR is in that basket....

Now that I'm reading about this IIROC Canada wide CTO buisness, I too am rather alarmed as all I have now is a number in my account. Could be 5$ a share doesnt make a difference if I can't sell it.... yikes....

Going to call monday morning and ask whats going on at CIBC.... Cause this could be the last nail in the coffin for trading this thing in Canada....