Q: Peter - happy new year to you and the 5i team! Thanks for your great service.
I have been interested in this stock for some time but have held off purchasing shares simply because it seems to be very thinly traded. Today, for example, even with National Bank raising its target to $45.50 per share, there is a bit of a bump in volume but still a $1 spread between bid and ask.
What's up with this stock and how should one purchase shares given its weird trading patterns? I usually use limit orders but a bit hard to find a suitable buy price with this one.
I have been interested in this stock for some time but have held off purchasing shares simply because it seems to be very thinly traded. Today, for example, even with National Bank raising its target to $45.50 per share, there is a bit of a bump in volume but still a $1 spread between bid and ask.
What's up with this stock and how should one purchase shares given its weird trading patterns? I usually use limit orders but a bit hard to find a suitable buy price with this one.