Q: Hi Guys.
Looking to buy Raytheon on the setback but would prefer to buy the CDN Canadian Depository Receipt version. I just wonder if the CDR is too thinly traded to be "safe".
I own the CDR of Alphabet but it trades thousands of shares each day. The CDR of RTX sometimes trades no shares in a day so I don't even know where my bid should be to match the US version.
Are my fears real and any strategy to use to buy the CDN CDR or should I just but it on the NYSE?
Thanks so much
Stuart
Looking to buy Raytheon on the setback but would prefer to buy the CDN Canadian Depository Receipt version. I just wonder if the CDR is too thinly traded to be "safe".
I own the CDR of Alphabet but it trades thousands of shares each day. The CDR of RTX sometimes trades no shares in a day so I don't even know where my bid should be to match the US version.
Are my fears real and any strategy to use to buy the CDN CDR or should I just but it on the NYSE?
Thanks so much
Stuart