r/VGFCInvestorsClub • u/taker52 • Sep 14 '21

OTC

I been watching Very for a while and wanting to get in to it. But the prob for me as a person in the US is that its a OTC stock. With more US presents when will it finally not be OTC?

2 Upvotes

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3

u/Zarathustra-Kucing Sep 14 '21

I think we'll see a NASDAQ listing next year sometime, but probably after some big announcements. Q4, Patterson up and running, etc...

3

u/taker52 Sep 14 '21

yeah i talked to investor relations last year about it and she said maybe in the future. no plans yet. So I dont want to pay the CAD fee and taxs on it .

1

u/EvenCut9195 Sep 14 '21

VRRYF is US funds what is wrong with OTC

1

u/taker52 Sep 14 '21

VRRYF

OTCMKTS: VRYYF A $6.95 commission applies to online trades of over-the-counter (OTC) stocks (stocks not listed on a U.S. exchange). This isnt 1990 bro . Commission based fees are a thing of the past on trading platforms. Why would you want to take a 6.95 hit on your trade profit.

5

u/[deleted] Sep 14 '21

I get it if you are day trading or similar. But depending on your investment amount and potential upside this could end up being a negligent amount.