Post by
ShinyGlass on Feb 08, 2021 4:44pm
Primary Symbol vs Alternate Symbol
Can some one please explain me or us the difference between Primary Symbol vs Alternate Symbol PRCNF and V.PURE.H does my shares v.pure.h still worth something ???? If prcnf trade during the day does it affect the v.pure.h shares ???? Please and Thank you very much.
Comment by
Bvukmanic on Feb 09, 2021 10:53am
Your trading platform is showing OTC (US market) price. Stock is suspended, but can still trade OTC on grey market (no market maker). I don't know how PURE.H (Canadian market) could ever trade again, unless another company took them over as a shell to go public.
Comment by
Bvukmanic on Feb 09, 2021 11:03am
Haven't seen this price OTC since they were suspended. Could be something, but probably not. Wait and see.
Comment by
ShinyGlass on Feb 09, 2021 3:02pm
Will I be able to sell my Canadian shares at US market price. If Canadian shares are not trading but US shares are ???
Comment by
Bvukmanic on Feb 10, 2021 12:03pm
Probably not. You're talking about arbitrage, which would mean selling OTC short and covering with your long position. Even if your broker allowed you to short OTC stocks, and you had the margin, I don't know if it's possible with a stock that has a cease trade order.
Comment by
Bvukmanic on Feb 10, 2021 1:40pm
All cannabis/cannabinoid companies trading OTC are on a tear. Thought Malay Panchal may have actually pulled something off, but he probably skipped town.
Comment by
Bvukmanic on Feb 19, 2021 8:30pm
Hard to believe, company has $3.23mm USD market cap OTC even though they were liquidated. They only owed their creditors $4.24mm Canadian. Only hope now is that PURE will be acquired as a shell in an RTO.