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mjkiii

08/12/13 11:23 AM

#21214 RE: Implanting #21213

Usual for PTQMF. TSX PTQ up 4.6% Good Volume.

Whoops...make that 6.15% now....average daily volume already in this morning. Problem may be those trading on PTQMF have no money!!! Or perhaps they have been regularly accumulating over the months and years and have reached their investment goal. Time to buy FQM.

GDXJ UP A NICE 9.4%...COME TO DADDY!....IF GOLD TOPS $1360 WE MAY HAVE TURNED THE CORNER.
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DigiTech

08/12/13 12:47 PM

#21217 RE: Implanting #21213

Most of the ownership in Petaquilla is located in Central America (Panama and Nicaragua), Canada and Germany. They all trade the stock as PTQ.TO. As a % of the float very little is owned in the US where the stock is traded as PTQMF. Some of the US holders can buy in a US account in C$ as PTQ.TO. (I am one of them)

Depending on the broker the US volume gets reflected in the Canadian volume. A TDameritrade sell/buy of PTQMF shows up in Canada but not in the US. An Etrade transaction shows up only in the US. This has a lot to do with how many shares are in inventory at the broker and when do they do the over the counter (PTQMF.PK)reconciliation. It can change for any transaction.

The only relevant volume is the Canadian exchange volume since you have no idea how the transaction is processed in the US.


Hope that helps better understand of the volume difference between the US and Canada