Post by
$tarbuxxonPender on Aug 04, 2017 10:50am
Transfer agents in canada useless and expensive
I`d say most US SH will take a while to get their shares. don`t know how US brokers settle trades but when I see short positions in joint AMEX TSX listed companies impossible to borrow shares in Canada on a Canadian company and AMEX can show a huge short position. US broker print stock out of then air and put it in the clents account ie it shows on your statement. Is the stock real? I don`t know. Canadian brokers slowly learning the game. Most US people who buy shares in Canadian companies only own their stock as a journal entry. Real shares held by a custodian that unlike has its act together especially on TSXV share dividends. GLTA