OTCPK:ARNBF - Post by User
Post by
Oceans19on Mar 27, 2013 5:28pm
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Post# 21177137
SCS vs ARN
SCS vs ARN https://ca.finance.yahoo.com/echarts?s=SCS.TO#symbol=scs.to;range=2y;compare=arn.v;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
Charting both SCS and ARN over a 2yr period shows that they have been following each other pretty much in tandem; both being very similar companies. These gaps between each have shown good trading opportunites for one holding both and trading the positions.
https://ca.finance.yahoo.com/echarts?s=SCS.TO#symbol=scs.to;range=3m;compare=arn.v;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
Looking at the 3 month, this gap has widened considerably and may represent a good opportunity to sell arn and buy scs.
Disclosure: I own both and have recently trimmed ARN and added to SCS.