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Replies to #13008 on Reverse Splits

ottoman

01/15/21 6:39 PM

#13009 RE: Buckey #13008

4 accts with a CAD and USD side each I only did 1 this time



I've never looked into it, but I've wondered how closely correlated US shares of a Canadian company trade to the Canadian shares.

I wonder if there are any opportunities to somehow play an arbitrage. Lets say there's a Canadian stock, trades on both Toronto Stock Exchange and US:OTC

Maybe the US shares move less percentage-wise up or down, compared to the Canadian shares.

Go long the Canadian shares, and short the US shares of a company or vice versa lol.

Even if it worked, every few days (or every day) you'd have to re-balance the funds of each side. Too much work