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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Stockcoach1on Mar 02, 2016 4:33pm
66 Views
Post# 24614623

RE:RE:RE:RE:RE:RE:RE:RE:RE:79

RE:RE:RE:RE:RE:RE:RE:RE:RE:79
adamchess wrote: MW2011 - It could also mean that there is less Canadian trading at the same time that US market is closed. Just saying. Regards


marketwatch2011 wrote:
fdfd12 wrote: I don't really understand what you mean by all this.

What I am saying is the following.

On th TSX, if we have volume for the day of 300M, then around 200M was traded by US firms and personel. The rest was by Canadians (maybe 28%) and foreign (2%).

I know and have heard that US is 60-70% of Canada's volume.



Stockcoach1 wrote:
fdfd12 wrote: I have heard on several and many shows that the TSX is traded by US around 70%.


Fdfd12, I find that stat absolutely incredibe. Canada's TSX makes up only a few percent of world market, and you're saying that the US investor makes up 70% of that?
Then take the other foreign investors from around the world. I'm sure they make up another 30%.

That leaves no Candaians invested and trading in the TSX. 

Wow, Now I'm going to pour myself a 4oz Scotch, to try to get that to sink in.

 


Makes sense FD. You have become one of the few voices of reason on here & thanks for the neutral minded posts. I learned about this US trading stat from you back in the fall of 2015. An example of this is on November 26, 2015 the American markets were closed for US Thanksgiving. CXR traded only 87,000 shares that day. Our average is 466,000 shares in the last 3 months.

Also anyone who gives a cr ap about Bullboard stars is either too old or too young to get it.

Over & out.
 




Absolutely, you would be hard pressed to find a Canadian broker working on a us market has a holiday.
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