In this issue:
A Cancer
Research company
selling for less
than C$0.50 - A
Special Report
This
Wednesday
morning we
plan to issue a
Special Report
on an exciting
relatively new
company in the
biotechnology
field. We will
issue the report
during market
hours so that
all paid
subscribers have
an equal
opportunity to
acquire the
shares at the
best possible
prices. This
Special Report
will be placed
under our
Special Reports
Section, in the
left column
after login. We
will give links
to the company's
website, a
research report
and all relevant
symbol's in the
U.S. and Canada.
We currently
have a position
in the shares
and are long
term holders.
We will send out
an email
alerting all
subscribers when
the Special
Report is
posted.
The ABC's of
Investing in
Canadian Stocks
Many U.S.
investors still
have problems,
questions and
concerns when
buying the
Canadian
Securities.
Preferably U.S.
investors will
buy the
shares/warrants
over the
Canadian
exchange, but
since it is
virtually
impossible now
for a U.S.
investor to open
a 'foreign
account' this
presents a major
challenge. The
only brokerage
firm we know of
in the U.S. that
allows the
purchase of
Canadian
securities in
Canadian dollars
and using the
Canadian symbol
is
PennTrade
based in Coeur
d' Alene, Idaho.
This is my go-to
brokerage firm
and I highly
recommend
opening an
account, if
possible.
I hate to see
articles which
say not to use
the Pink Sheets
to execute the
orders on
Canadian
Securities. In
my opinion, this
is extremely
misleading and
incorrect, even
if written by
others in the
business.
I have
personally
executed
hundred's of
transactions
using the Pink
Sheet Symbols
which is a 5
alpha symbol
ending in F (for
Foreign). This
symbol, however,
should NEVER
be used to get
quotes or to
monitor the
value of your
stocks.
The pink sheet
symbol is good
ONLY for
entering your
buy and sell
orders.
Correct
Procedures:
-
Obtain the 5
Alpha symbol for
your Canadian
shares or
warrants
-
Obtain the
current Canadian
price of the
securities -
REMEMBER, that
the primary
market is in
Canadian and we
need the current
Canadian price.
-
If necessary,
do a currency
conversion from
the current
Canadian price
to U.S. Dollars
-
Enter your
Buy or Sell
order now using
the U.S. dollar
price determined
above.
-
Always use
LIMIT ORDERS
-
Consider
using Good Until
Canceled Orders
if you are
entering stink
bids or if you
are
trying to buy or
sell very thinly
traded
securities.
Another online
brokerage firm
which I have
used for many
years is
NetVest.
They do not
allow for
trading using a
Canadian symbol
but rather I
must use the
Pink Sheet
symbol. Never
have I
encountered a
problem and
reasonable
commissions of
around $19.
I realize that
may be somewhat
confusing and I
have friends
that still don't
get it and they
are still
looking at the 5
alpha symbol for
the price to
enter their
orders. NEVER,
NEVER, NEVER !!!
Hell, the shares
and/or warrants
may not have
traded in days,
weeks or months
in the U.S. and
the price you
see if totally
irrelevant. YOU
determine the
current price -
see above by
using the
Canadian price.
Using the above
procedure soon
you will be a
professional
investor and
take the mystery
out of investing
in the Canadian
shares and
warrants.
If you don't
care for
warrants, fine,
but do not let
this stop you
from being a
subscriber. Only
24% of my
portfolio is
invested in
warrants, and
believe me, the
rest YOU NEED TO
KNOW ABOUT,
ASAP.
. . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
For those
readers and
subscribers
unfamiliar with
all of our
services:
PreciousMetalsWarrants.com
-
An
online database
for all warrants
trading on the
natural resource
companies in the
United States
and Canada. Our
database is the
most
comprehensive
database that
you will find.
-
In addition
for our Gold
Subscribers we
provide:
A. "A Look Over
My Shoulder" -
This is my
entire personal
portfolio and I
provide an
audio update
each Thursday
evening and
emails as I buy
or sell
securities or
warrants. Each
subscriber can
decide whether
to
follow me but
this is your
decision and we
suggest that
subscribers
do
their own due
diligence before
buying any
securities.
B. "Insiders
Trading Data" - We track the
insider trading
on the Canadian
Securities and
issue BUY and
SELL
Alerts as we
deem necessary.
We
have a great
track record of
approximately 100% gains on
all closed
trades.
As you can see
Gold Subscribers
actually have
access to 3
different
services all of
which give you
many choices of
where to invest
your monies.
There are many
great
opportunities
presented in
each of our
services and we
encourage you to
get on board
with us soon.
Dudley
Dudley Pierce Baker - Owner/Editor - Guadalajara/Ajijic, Mexico
Lorimer Wilson - Director of Marketing and Contributing Editor - Toronto, Canada
Bruce Ross - Webmaster and Administrative Assistant - Phoenix, USA