RE:RE:RE:RE:RE:Broker 13 Instanet There is a trick by which it is possible to use low volume penny stocks to circumvent TFSA contribution limits. Someone sells at a loss in a non-registered account, reducing their tax profile, and takes the profit in the TFSA. I believe the CRA is on the lookout for it. They don't actually prohibit day trading in terms of number of trades or length of holding, but there's a clause the allows them to somewhat arbitrarilty call certain activity business activity. Particularly if you're going from a large non-registered account to a TFSA. If it's on the US side, the same trick could be done to take short-term losses in one account and build a position at a low cost in a different account for capital gains later. Another explanation might involve exchange rates and arbitrage. The fact that FT appears to have long-term value might be a factor in why someone would use this stock.