Re: Strike, could this be a precursor to the increased volume?
in response to
by
posted on
Jul 09, 2011 07:04PM
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Volume (long-term) increases are always good. Illiquidity is our nemesis. My calculator says an annual increase in volume of 60% over a slight bit more than 3 years will result in a daily average volume of 1 Million shares over that sample time period. Nice find hansix.
Regarding the U.S. pinks, I guess I am always surprised by them. That was a lot of your shares (600K+) to be reservoired in a one month period. Some funny stuff going on. I would feel a lot better if certificates were still available. In my mind, it's analogous to physical vs paper gold. The paper (and the pinks) require a good imagination. As a fellow US investor, it doesn't give me a warm feeling.
But then again, TYHJF is priced in US dollars. Ugh!
Strike