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Gold/Mining/Energy : Precious metal company Warrants -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (396)	2/8/2006 12:25:02 AM
From: Gcruik	Read Replies (1) \| Respond to of 681

re:TRADING Canadian Stocks and Warrants Check out Penntrade. I do it there. Gordon

To: LLCF who wrote (396)	2/8/2006 11:01:17 AM
From: Nevada9999	Read Replies (1) \| Respond to of 681

My experience has been that with Canadian stocks that show no bid/ask on my L1 data feed, I go find a quote on the Canadian symbol. If it is something I really want I usually have to offer at the ask or even a cent or half cent above. However, I do sometimes get filled between the bid and ask. It's not great, someone is usually scalping me a little on the trade or the exchange rate. I don't day trade, so it is good enough. With Canadian stocks that do show a bid/ask on the OTCBB or Pink symbol, this means there is a US market maker. This is generally even worse than trading on the Canadian exchanges. The US OTCBB and Pink Sheet market makers are crooks. There is no trading between Bid and Ask. There is usually a 2-4 cent spread and sometimes 5 or 10. Trying to trade within the spread is futile, they won't even show your bid/offer. Has your experience with the OTCBB or Pinks been any different? You are probably right about residency. I have heard of Americans trading directly on the Canadian exchanges, but always people who are well connected. Maybe it is possible for US citizens if one has a Canadian residence or psuedo-residence.