Investing

Canadian Small caps and Penny stocks

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  • May 11th, 2023 8:36 am
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Deal Expert
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Apr 21, 2004
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Does L2 information actually help with trading timing / strategies thinly traded small cap stocks?
Deal Fanatic
May 22, 2003
9325 posts
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Vancouver
alanbrenton wrote: Does L2 information actually help with trading timing / strategies thinly traded small cap stocks?
I think so, can see if there are any large blocks at a certain price for bids/asks
Deal Addict
Nov 14, 2006
3149 posts
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GTA
notenoughsleep wrote: I think so, can see if there are any large blocks at a certain price for bids/asks

If there's high volume level 2 doesny help much as things move too fast to help. Lower volume stuff yes it helps to pick your spots to buy and sell.

Level 3 that the pros use can see your limit buys and sells.
Deal Addict
Jan 3, 2012
1275 posts
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Mississauga
Anyone bought QYOU Media Inc. (QYOU.V)?

What is your opinion on the future growth of this stock?
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Apr 21, 2004
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lilmikey wrote: If there's high volume level 2 doesny help much as things move too fast to help. Lower volume stuff yes it helps to pick your spots to buy and sell.

Level 3 that the pros use can see your limit buys and sells.
I think L2 already shows limit buys and sells.

Would L3 show hidden orders from various brokerage clients?
Deal Fanatic
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May 2, 2006
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alanbrenton wrote: I think L2 already shows limit buys and sells.

Would L3 show hidden orders from various brokerage clients?
There’s no such thing as “L3”. Sophisticated brokers have access to additional information such as where the stop losses are set. That’s about it compared to your regular L2.
Sr. Member
Apr 7, 2017
556 posts
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Brantford
notenoughsleep wrote: I'm getting creamed on QUIS.V...still holding though. Maybe can become the MSFT version of JAMF lol
QUIS doing good today at .52 now.
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Nov 14, 2006
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alanbrenton wrote: I think L2 already shows limit buys and sells.

Would L3 show hidden orders from various brokerage clients?
People call it Level 3 as brokers can see what your stop limits trigger at to steal your shares.
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Apr 21, 2004
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lilmikey wrote: People call it Level 3 as brokers can see what your stop limits trigger at to steal your shares.
Got it. I don't put stop loss orders lol.
Member
Dec 15, 2007
462 posts
136 upvotes
Quebec City
IPA.V, not sure if addressed already but these damn warrants. 14m still left to exercise, what do you think, will they slow down the trend we have going?
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Nov 14, 2006
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m5love wrote: IPA.V, not sure if addressed already but these damn warrants. 14m still left to exercise, what do you think, will they slow down the trend we have going?

Yep, will floating around 1.40 for a bit
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Nov 14, 2006
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DOC running as of late on few new releases
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May 2, 2006
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Got out of ACU @ .11 (avg .08).

Added back some SONA @ $10 & $9.65 on today's selloff.
Last edited by izzyzz on Aug 6th, 2020 11:30 am, edited 1 time in total.
Deal Addict
Jan 6, 2015
1539 posts
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lilmikey wrote: DOC running as of late on few new releases
got a few at 0.6, feel too bad.
add ksi.v, hope OK

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