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Microcap & Penny Stocks : TQT - Triquanta Investments
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To: Jevs who wrote (75)5/13/1997 10:30:00 PM
From: roger fontaine   of 195
 
Jevs:Yes there are opportunities as I have stated in buying on an exchange in one country and selling in another.I do have a discount broker,however,I used a full service broker for the deal because it was him who brought it to my attention.You have to be careful, however, because of the exchange rate from one country to another.A stock selling for say $1.00 in the US should be at about $1.38 in Canada.In the TQT situation it was trading at .22 US.That works out to appr. .30 Canadian.The stock ,however, was trading at .40.So if you bought on the nasdaq exchange and sold on the Canadian you would realize a profit of .10 per share or 33% return for 1 day.If someone does this please post it here to show the others this system does work.Roger
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