GREY:BXEFF - Post by User
Comment by
RichyRich$on Jan 19, 2019 4:05am
111 Views
Post# 29254922
RE:RE:RE:RE:RE:Reverse split is coming..
RE:RE:RE:RE:RE:Reverse split is coming..J1Q... I 100% Agree With You. Its actually a benefit to let the NYSE go. It will eliminate the Wall Street Manipulation. TSX investors will respect Canadian Oil n Gas companies more. I remember holding Silvercorp back in 2015 before the sector rebound and it was the same situation. They let go of their NYSE symbol and it went on to rally 10 X gain in within 6 months. I chickened out and sold after a 20% pop and missed the 10 bagger gain! This time I'm holding for at least 3 X gain. Also... many don't realize that the U.S. stock doesn't stop trading. It still trades on the U.S. exchange as an OTC (Over the Counter) stock. Anyone that holds the U.S. NYSE stock just gets transferred to the OTC symbol. Usually U.S. fund managers don't buy OTC because it doesn't require financial reporting. However, they can just look at all the financial reports on the TSX and can buy the OTC U.S. symbol still. It will still continue to trade in the U.S even if not on the NYSE. Just so everyone knows. A lot of people holding the U.S. symbol probably sold not understanding that. So that contributed to this selloff and crazy low share price.