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jtomm

05/27/06 11:45 PM

#44967 RE: 10 bagger #44965

10bag, thanks. But I should have been more specific. GM is a global name and I understand somebody's making a market in it 24 hours a day. I'm thinking more of a thinly traded stock, not a GM type stock.

Say an Australian stock that isn't hugely traded in Aussieland, much less here in the states. I buy the pink sheet version here in the states. That's more what I was asking about. Some no-name oil and gas or mining company in Australia.

You know, like we buy these little unheard of companies in Canada that might trade 20,000 shares a day. If I bought some similar small, illiquid Australian company and the markets aren't open during the same hours there, how is that handled?

Are you saying you think it's still the same thing? I wouldn't have guessed that because there are probably very few firms trading it in Australia to begin with, much less brokers elsewhere trading it 24 hours a day.

Thanks again.