Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: chris714 who wrote (16873)	8/3/2002 2:47:30 PM
From: gold$10k	Read Replies (2) of 36161

Chris, Just FYI, in the case of Canadian stocks, the 5-letter symbols ending in "F" are not ADRs. Each one is the OTCBB ticker for exactly the same stock that trades on the Canadian exchange. On the OTCBB you are dealing with a marketmaker who can post whatever bid and ask he wants to indicate only what he is willing to buy or sell for... and he doesn't even need to honor those. Most of the time he will buy or sell on the Canadian exchanges to complete a trade with you. Prices when trading directly on the Canadian exchanges are better 95% of the time, although the commissions can be higher. vt

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