The canadian equivalent was 'oh you shoulda bought Nortel when i did', or JDU, 724solutions [sp?], Sierra Wireless, 360networks, or of course any number of US high-flyers like csco, qcom, amzn, etc, because many up here play US markets, a considerable number preach playing nothing else, in fact .... i've always had a basic attraction to the concrete, i.e. metals oils and the licenses to print money the guvmint here gives to selected outfits, called 'bank charters', so i was relatively immune to the bubble, played it a little but relied always on a homegrown attempt at TA
Sounds like you've got the CDNX mixed up with the old COATS system, which was later called CDN OTC ... forget what coats stood for, canadian overhyped and touted shit, perhaps, it was an otc much like the US otc-bb in the days before they made companies report .... well it exists no longer, and only such companies from it that were willing to report were listed as Tier 3 companies on the cdnx, they have tickers starting with Y, i play a couple of them, ybr.v and ymc.u.v, the latter has dot u in the ticker because it is traded in USD
No, the cdnx is a pretty well-run exchange, firm standards and quality info flow, arguably the best on the continent until the TSE people took it over last year ... check it out - cdnx.com ... i have another story but no time to type it in .... well here goes - some people i know were some time ago thinking of going public, they priced out all they had to do to get on the cdnx, which was half a million loonies minimum, then found they could get onto the US otc-bb for a quarter of that through a reverse merger, there was one clean [?] shell they were offered for 80kUSD ... much less paperwork than on the cdnx too, little management time involved, everything handled by the shell vendor ... so there's one thing that happens, tighter you make it the harder it is for its designed purpose of efficient allocation of capital to startup ventures .... cheers |
