Trader’s Narrative

Pure Trading is a new ECN being implemented by CNQ to trade Canadian listed equities. It will use the X-Stream trading engine (by OMX of Sweden) with modifications for Canadian trading rules. It will offer 3 protocols: STAMP, used exclusively in Canada; FIX, the international standard and direct API connection. Pure will introduce much needed […]

A while back, I mentioned I had an investment (not trading) position in Liquidation World. Since then, I’ve continued to hold the position and watched as price has meandered down from its swing high in April 2006. Here is a chart of LQW showing insider selling:

Source: Ink Research
One officer has sold more than $370,000 into […]

“Teranet is a leading provider of land-based information products and services. Teranet operates in Ontario and provides access to the Ontario Electronic Land Registration System (”ELRS”). This enables customers to conduct electronic registrations as well as title and writ searches relating to real property. Teranet has the exclusive right to access the data in and […]

When a large US company (Georgia Gulf) says it is going to buy a smaller Canadian company (Royal Group) for $13 but the stock of the company being acquired sells for less than $13… you would think there is a ‘free’ lunch being offered on Wall Street, right?
But so far, it has turned out to […]

Royal Group Technologies is a leading producer of innovative, attractive, durable, and low-maintenance home improvement and building products, which are primarily used in both the renovation and construction sectors of the North American construction industry. The Company has manufacturing operations located throughout North America in order to provide industry-leading service to its extensive customer network.
The […]