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Originally Posted by Neeper
I admit. I don't follow Canadian stocks at all! I don't know if that is weird or not. But I am not really into mining, metals, or energy. I like all the other stuff. I should just stay in cash in my CAD one so I don't average down. lol
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I had trouble finding Canadian stocks at first too. And the worst part was finding a Canadian company that trades on both US and CDN exchanges. There's a lot of those, especially the ones we always hear about, cause their generally the bigger, more successful companies. I'm not a savvy enough investor to know which would be a better buy, or what the differences would be, when one company is on two exchanges.
I bought one mining stock that was on both exchanges. At least both stocks seem to follow each others direction somewhat similarly. Sold both yesterday for a gain.
My goto on the Canadian exchange has been to short BB. But that went in the opposite direction on me yesterday. Oh well, time to dollar cost average it. I wonder if they still call it the same thing when you're buying to short, instead of buying to own.