Fulton Associates

Tuesday, August 10, 2010

We should rename as Lethargic Associates

I'm afraid I don't have many good ideas this summer. But this one came about by accident. I was checking Telus in NYSE is trading at $38.50 while on TSX it's at $42.00. The exchange is $.97 so doesn't that represent an arbitrage opportunity?
Please let me know if I'm missing something.

3 Comments:

At August 17, 2010 at 4:10 PM , Blogger Des said...

Me too. Few trading ideas. Dang it, Potash would have been a good buy around $100.

 
At August 17, 2010 at 10:53 PM , Blogger Junk Bonds said...

Well, I must admit I bought POT at $97 last year. I thought it was going no where but I got lucky and sold it today at $147!

 
At August 18, 2010 at 5:43 PM , Blogger Des said...

sweet fertilizer!

 

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