wachtwoord

Have you seen their last chosen government? ::) I guess it could be worse. Poor Indians :(

If you want that just move? It's very close.

Thank you!

I exchanged a small position in CTO for a small position in NYRT.

GNW

You can ask IB to convert the foreign ordinary (ATUSF) to the Canadian ticker. They will charge you $10 I think. Thanks for suggesting it. I remember contacting them at the time to confirm it was the same stock (same cusip) and they confirmed. I thought they told me it's convertible but at a fee way above $10 (like at least $100). But I can easily have recalled that wrong so I'll contact them and ask again. Thanks! So, I contacted IB and they could indeed arrange this for a $10 fee. Thanks for the tip! This is hwere the story stops being successful though: When requesting the conversion I told them I did it so my position would be eligible for margin and pointed them to this link https://gdcdyn.interactivebrokers.com/en/index.php?key=als&cntry=canada&tag=Canada&ib_entity=llc&ln=&f=5168&ns=T showing Altius has a margin requirement of 33%. After the conversion my margin didn't increase so I asked about it and apparently Altius' market cap is too low (needs to be above 500M USD). I don't know why the other link specifies a margin requirement of 33%. Asking them about it now.

That happened every time the previous ATH was being overtaken. Actually I consider this volatility low. GO check out some old charts. Likely back to today's prices in one or 2 days.

Completely true. Except that that's a problem. Bitcoin is (will be) for high value transactions only that require this sort of security. For lower value transactions other methods will be used (currect systems or alternative cryptos with a lower level of security). This is why the whole block size debate is so stupid. Don't increase the blocksize as it will undermine the security of the network. An essential selling point beyond which it's not worth much. Luckily the people with actual financial skill int he game and most technical people in higher places in the informal organization seem to understand this (based on their actions, they are not screaming it off the rooftops).

No I think this is the most terrible most far off topic on this forum. This topic lies exactly in the blind spot of most here. At least Aberhound got it and managed to identify what was most important here. Congrats man.

Do either of these have public financials? No, you need to buy shares and contact them. nonamestocks has write ups too. what brokerage did you buy on? Interactive Brokers

Do either of these have public financials? No, you need to buy shares and contact them. nonamestocks has write ups too.

MRCR, COMX

71% for the year versus -17% for 2015 and +24% for both 2013 and 2012. FELP was the biggest contributor of me too at nearly a third of the return.

You can ask IB to convert the foreign ordinary (ATUSF) to the Canadian ticker. They will charge you $10 I think. Thanks for suggesting it. I remember contacting them at the time to confirm it was the same stock (same cusip) and they confirmed. I thought they told me it's convertible but at a fee way above $10 (like at least $100). But I can easily have recalled that wrong so I'll contact them and ask again. Thanks!

Wow great stuff. Thanks for sharing.

Moro Corp

MRCR and some NVTR

My main problems with IB: 1. You can't even purchase a stock with an outstanding ask for the ask price if there is only one ask outstanding for a certain stock cause IB won't even send the order to the exchange (this sucks so much). 2. You can't buy grey market shares 3. They often withhold too much tax on dividends at the source for non-US stocks even though there are tax treaties in place (and if you ask them to enforce these they refer you to the company who in turn refers you back to your bank/broker). 4. The low margin ability of many stocks is a bit annoying. Also weird that OTC equivalents of stocks are non-marginable. For example I probably should not have bought ATUSF but bough ALS.TO directly instead (30% margin req for Toronto versus 100% for the OTC). Despite all this I really love them as a broker. Does any other broker even come close?

That's very weird. FNMA trades on one of the highest OTC Markets levels and is fully reporting (not dark at all). As far as I know IB only explicitly blocks grey markets. And apparently if there are not enough bids asks.

IB doesn't allow trading in grey market stocks (example: http://www.otcmarkets.com/stock/SIMA/quote ) I already own both ADDC and COMX. It's just that there are not enough outstanding asks apparently. Some more info I just received on my ticket:

The 40 offer is mine trying to get the bid to the exchange. it didn't. Thanks for trying. I just don't understand the logic behind this. I want to buy at a certain price and someone wants to sell for that price. why can't we trade? Also why is IB saying they would need to take the other side of the trade? PS: Same problem for ADDC

Hi, I'm trying to send a buy order for an OTC with no asks at Interactive Brokers. However, Interactive brokers doesn't send the bid to the exchange until there are at least 2 active asks (it remains blue and will not go to the green status). Today the stock traded at my exact bid price but I did not get filled and the bid is still not send to the exchange. I have had a ticket with Interactive Brokers since last week and after I asked what I can do about it today I received this response: Is this really how it works? Does anyone know how to work around this annoying limitation? Even placing an ask myself (way above my buy) does not fix the situation. Thanks!

In the past 2 weeks I bough an initial position in BWEL (trying to get an annual report) and increased my holdings in PDER and SODI. I reduced NOV, OPST and ALS.TO

Previously I had 55% WFC 25% BAC and 20% AXP and I sold away my BAC.. I take comfort in the fact that I have an income which will probably add 10-20% extra cash to the portfolio each year. Certainly if I did not have a job, I would diversify more but don't think I'll go beyond 5-8 stocks. I feel that I know those stocks well enough to understand they're a low risk bet. If there is a decent probability of a stock having a permanent impairment of capital, I feel it makes sense to not even invest, rather than buy a lot of them to diversify. Don't you think you overestimate your own ability to determine the risk of permanent impairment of capital? To be honest I think all your holdings have such a risk as all of their businesses would be significantly impacted by a major event in the financial markets (e.g. a major currency blow up, bank runs, large systematic defaults, a black swan such as exponential cryptocurrency adoption). These events have a non-zero chance of occuring. On top of this all your holdings are vulnerable to the same sort of event!

Schrödinger's equation? How dead is the cat?