GREY:DGCRF - Post by User
Post by
ready2go1on Apr 01, 2010 11:55am
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Post# 16949087
the more calls I make (Grey Market)
the more calls I make (Grey Market)The more calls I make the fartheraway I get from what is going on. here is what the exchange says about the market that DGCRF.pk trades on;
There are no market makers in this security. It is not listed, traded or quoted on any stock exchange, the OTCBB or the Pink Sheets. Trades in grey market stocks are reported by broker-dealers to their Self Regulatory Organization (SRO) and the SRO distributes the trade data to market data vendors and financial websites so investors can track price and volume. Since grey market securities are not traded or quoted on an exchange or interdealer quotation system, investor's bids and offers are not collected in a central spot so market transparency is diminished and Best Execution of orders is difficult.
Explain to me how these 86,000 shares traded yesterday, and not only that, @ fair market prices. Also, we had 20,000 shares trade after the close. For those not in the U.S., I just want to say again that when I have traded this company in the past, my orders have went directly to the tsx as soon as I put them in under DGCRF.pk (no choice given to where I wanted them to go)
I am really surprised that no one on the board has any comments on this. Am I reading too much into this 700% increase in trading volume in the Grey Market.