RE:RE:RE:IIROC revered the sale of my shares on the OTC
Gentlemen, a favourable update for me!
Well, after a couple of attempts at trying to trade the PSG on the OTC around November 2 and 3, and with three RBC brokers saying due to CTO I was unable to trade the security, I kind of gave up.
So today, I've been sick of looking at this pig in my portfolio, so I called RBC to have it removed from my portfolio. The broker told me that it is not a worthless security since it trades on the OTC. So I explained my whole story, he looked in to things, and he told me that absolutely I will be able to dispose of it on the OTC.
So he walked me through how to do the order online (which I had done around Nov 2-3 myself, but for whatever reason, I was unable to complete the order), and lo and behold, I sold my meagre 400 shares for $835.99 CAD!
So suffice it to say, thanks to those on the board here that had posted saying that it should be possible to trade it on the OTC.
I suppose there could be an argument to be made to have held onto them...however, I figured I'd take the bird in the hand rather than one in the bush. I had mentally (and in my spreadsheets) written this stock off as a total loss, so to receive $835.99 was great news.
Anyways, disappointed in the results of this stock, really had some legs to it up until last year.
GLTA
Carl